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In the European and American business circles, they are deeply wary of Royal Fund's large-scale entry into the European market, because Royal Fund is strong and covers many fields, and it is a strong leader in its respective fields.
Those who come are not good, and those who are good will not come.
Although the European and American financial circles appear calm on the surface, there are actually undercurrents surging, and negotiations on intentions for strong cooperation between companies have become much more intensive in a short period of time, which is a direct manifestation of this stress response.
The Royal Family Fund has become a catfish in the pond, stirring up restlessness in the entire European and American financial circles. Every move has become the focus of people's attention.
"Dear Lord Wang Yaocheng, I am Kemp, a reporter from the German newspaper Die Welt. Many people have criticized your companies for entering the European market in large quantities. They think that touching other people's cheese is a knock on the door of barbarians. What do you think of this?
of?"
Upon hearing this sharp question, Wang Yaocheng looked around, smiled, and said;
"This question is very well raised and very targeted. I am willing to discuss with you openly and honestly how should European companies deal with themselves in the face of the world's fifth wave of mergers and acquisitions?
Since the 1990s, the wave of "industrial globalization" has been surging with unprecedented scale, profoundly affecting all aspects of our lives.
Anyone who is not an ostrich with his head buried in the sand can appreciate this huge change.
According to statistics from the Hong Kong Guanfengyun Economic Research Center;
In 1997, the global merger transaction volume reached 14,000 US dollars, and in 1998 it was 2.5 trillion US dollars, an increase of 78% over the previous year. In 1999 and 2000, this number reached 33,000 US dollars and 35,000 US dollars respectively, showing an increasing trend year by year.
Taking 2000 as an example, the combined transaction volume of America Online and Time Warner reached US$184 billion. In 2002, Microsoft acquired Yahoo.com, with a transaction value of US$181 billion. Large transactions emerged one after another.
On September 5, 2001, Hewlett-Packard Canada acquired Compaq Computer Company for US$26 billion, leaping from fifth place to second place in the world's personal computer market, second only to Atlantic Business Machines, which ranked first.
company, surpassing IBM, which originally ranked second.
Ms. Carlton Fiorina, Chairman and CEO of Hewlett-Packard Company, said at the shareholder meeting in California;
We must unite to challenge Atlantic Business Machines, because its revenue last year was close to 90 billion U.S. dollars. At the same time, Compaq laid off 8,500 employees and Hewlett-Packard laid off 11,000 people. Only by joining forces can we have a chance to win.
This is a strong woman who refuses to admit defeat. I can only wish her good luck;
Ms. Carleton Fiorina has earned herself a challenge through hard work. The annual turnover of Hewlett-Packard and Compaq Computer Company can reach 82 billion U.S. dollars, which seems to be significant enough.
If the integration is done well, it may indeed threaten Atlantic Business Machines' leading position.
What does this mean?
It shows that the world's large enterprises have joined forces and the strategy of teaming up for warmth has become a general consensus, which has greatly enhanced the market competitiveness and risk resistance of enterprises, and is conducive to the market competition of "industrial globalization".
This is a mighty trend in the development of the world's industries. It will not be transferred by the will of some people. They are afraid of competition and mergers and acquisitions. They always want to live with these small possessions at home. They are short-sighted and cannot see the trend of global industrial development. They must
will be eliminated by history.
In the past, family businesses that were more than 100 years old were always making leather shoes or leather bags. There are also many small and medium-sized enterprises like this in Germany, and they have developed to the extreme level in this field.
Unfortunately, times are evolving, and sticking to a strategy of specializing in a certain field no longer works.
In the past, it was the Fuso Consortium that entered the European market. This time, it is the Royal Family Fund that entered the European market. Next time, it may be a US-funded consortium that enters the European market.
No matter what, the trend of industrial development will not bypass the European market and will eventually impact the inherent rigid thinking.
The Royal Family Fund develops in line with the international trend and seeks partners in Europe who are willing to develop together. What they bring is the sincerity of cooperation and the hands of friendship, striving for win-win cooperation.
We will not reject any willing collaborators, nor will we force anyone who is unwilling to cooperate. Everything will follow the principles of open, fair, just and free business competition and act within the legal framework.
Friends from the news media are welcome to supervise and jointly promote the progress of Royal Family Fund as a socially responsible enterprise. Thank you all!"
This wonderful discussion won warm applause from the reporters. The cameras on the scene kept snapping pictures, and the atmosphere seemed very lively.
"This question is still for His Excellency Lord Wang Yaocheng. I am Louise Anna, a reporter from The Times. I would like to ask Your Excellency what the next major investment moves are in Europe or the world, including projects that are under negotiation or proposed to be negotiated. I hope you will
Can we have a frank and detailed discussion?"
After hearing this question, Wang Yaocheng sighed with a wry smile and said, "Hey, Miss Lewis! This involves corporate secrets and the next development strategy, which is really embarrassing."
"Let's talk, your lordship."
"Yes! The public is very interested in knowing the next move of the Royal Family Fund and has high expectations for it."
"Your Excellency, this is big news that could make the front page!"
Faced with the desire of many reporters, Wang Yaocheng could only adapt to the situation to satisfy their curiosity;
"OK, although it will indeed cause some trouble, but adhering to the purpose of answering all questions and answering all questions, I think I should give a satisfactory explanation to my journalist friends.
Okay, let’s talk about the projects we are currently negotiating.
Currently, Hong Kong Global Telecom is in contact with Cesky, a Czech telecom operator, for a project negotiation. They plan to invest US$3 billion to acquire 51% of the other party's shares to improve the telecommunications market layout in Eastern Europe.
At the same time, we are discussing cooperation with Germany's Wolfsburg Telecommunications Company. Since we are in preliminary contact, no specific negotiation results can be announced yet.
HSBC Bank
It is negotiating cooperation with Standard Bank of South Africa and plans to invest US$10.5 billion to acquire 51% of the other party's equity. The purpose is to further improve HSBC's global banking network layout and better serve global customers.
This project will further improve the layout of bank outlets in African countries.
In addition, HSBC plans to spend US$250 million to acquire a 17% stake in China Shenzhen Development Bank, and US$1.1 billion to acquire a 13.98% stake in Huaxia Bank, gradually improving its market layout in mainland China.
HSBC plans to spend 2.2 billion euros to acquire Fortis Group, a long-established European insurance company, to expand its market share in the European insurance industry and provide users with better services.
Hotel industry
The Hong Kong and Shanghai Hotels Corporation is negotiating with the American Hilton Group to invest US$24 billion to acquire the Hilton Hotel Group. Negotiations are currently underway.
The Royal Family Fund will notify friends in the media community at any time if there is any further news.
There are only so many projects under negotiation for the time being, and I hope it can satisfy everyone’s curiosity.”
A series of bombshell news was released, and the shocked reporters were stunned. They didn't expect that the Royal Family Fund had quietly talked about so many big projects, and their appetite was really good.
There were constant questions at the press conference, most of which revolved around the Royal Family Fund’s next move and large-scale mergers and acquisitions. Ninety-nine percent of the questions were directed at Wang Yaocheng. Ms. Bettina Wegman and Governor Cooper were completely used as foils, and almost no questions were involved.
to them.
As for the protagonists of the press conference, GREE Group and KUKA, there were almost no questions involved, which shows how quickly the reporters’ likes and dislikes changed.
News pays attention to timeliness. This merger and acquisition has been settled. What else is there to ask? It has become a thing of the past.
In particular, the negotiations between the Hong Kong and Shanghai Hotels and the American Hilton Hotel Group are even more touching. If the merger and acquisition of She Tunxiang is completed, the Hong Kong and Shanghai Hotels Co., Ltd. will be transformed into a top international hotel management group with famous hotels under it.
With more than ten brands, its strength cannot be underestimated.
As for the biggest financial issue, no reporter was involved.
Backed by the powerful royal family fund and HSBC, the core enterprise of the consortium, the issue of funding has never been a problem, it is just a question of how to complete the merger and acquisition.
As an independently listed Hong Kong and Shanghai Hotels Co., Ltd., it can complete the transaction through the issuance of new shares and loans. After the merger, the Hilton Hotel Group can hold the corresponding equity and jointly make this piece of cake bigger.
How to choose?
The choice lies entirely in the hands of Hilton Hotel Group, and the Royal Family Fund can pay a lot of money. The key lies in whether Wang Yaocheng is willing to give the corresponding chips.
After the press conference, Wang Yaocheng and his party stayed at the local five-star Hilton Hotel that night.
late at night
In the hotel presidential suite
Wang Yaocheng had taken a shower and was getting ready to go to bed when suddenly the doorbell rang. He looked at his phone with some confusion. It was already 10:40. Who else was coming so late?
When I opened the door, I saw that it was Shi Xueyi, Chairman of the Supervisory Board of HSBC Bank, who slipped in through the crack of the door silently with a worried look on his face.
"What are you doing... What time is it? Tomorrow I have to inspect the merger and acquisition of the Bavarian Bank. My schedule is very tight."
"I know, I can't sleep and I want to talk to you."
"I'm not a close friend, you're talking to me about nothing!" Having said that, Wang Yaocheng closed the door and walked over to sit down and asked, "Would you like a drink?"
"Okay, let's have a drink if it's convenient." Shi Xueyi replied angrily.
"You are so beautiful. Go and pour it yourself, and give me a drink by the way. Thank you."
Wang Yaocheng didn't have the energy to serve this guy, so Shi Xueyi could only get up and pour two glasses of wine, a glass of French sparkling champagne that Wang Yaocheng liked to drink, and a glass of whiskey, and handed them over speechlessly.
"Brother Cheng, you didn't tell me all the merger and acquisition trends of the consortium. After listening to what you said at the press conference, I was murmuring in my heart, and I always felt uneasy."
"That can only be blamed on you. You always stay at the HSBC headquarters. You didn't read the Secretariat-related briefings yourself. Do you still want me to report to you?"
"I don't know what I'm doing! Are we too reckless? Isn't it good to develop steadily? Be careful if you take too big a step and you'll end up in trouble."
Wang Yaocheng stared at him dangerously and asked, "What did you just say?"
"Ah... no... nothing, I just said that the development of the consortium should be more stable."