National Tide 1980.
Chapter 1403 Behind-the-scenes Deal
The return of King Henry Lacamier and the operation of expelling and clearing out the usurpers went very smoothly, with almost no obstacles or difficulties.
Because all of this is just like a script, the two parties have already communicated early on and made relevant arrangements for the plot.
In fact, as early as Saturday and Sunday, October 10 and October 24, Bernard Arnault raised the white flag and took the initiative to contact Henri Lacamier to express his desire to surrender.
He had no other requests, just wanted to keep his Dior company.
As for the conditions he offered, as long as he returned the control of Dior to him and promised not to interfere in his company and stop purchasing shares of Dior clothing, he was willing to accept all of Henri Lacamier's conditions and publicly acknowledge Henri Lacamier's victory.
Otherwise, he would pack up and sell everything he had to Vivendi Group, letting the notorious French capital giant fight them on his behalf.
So even though on the surface, Bernard Arnault seems to have failed miserably and completely lost the initiative at this point.
It was as if he, as a loser, could only choose to pay the price of humiliation and beg the other party to be kind enough to leave him a way to survive.
But in reality, it is not entirely true.
It must be said that at this moment, he was not overestimating his own capabilities.
Especially facing his request, even if Henri Lacamier hated him to the core and wanted to eat his flesh raw, he had to consider it seriously and not refuse easily.
For no other reason than that the Vivendi Group mentioned by Bernard Arnault is the famous "industry paraquat" in France.
What this group company is best at is forced acquisitions by relying on its strong capital, and their acquisitions are almost not affected by the scope of the industry. As long as it is a hot industry or company, this group company is interested.
From the water industry to later television stations, print media, construction, pharmaceuticals, financial companies, etc., they acquired almost everything without being picky.
Moreover, Vivendi's acquisition behavior has always had a bad reputation. Their routine can basically be summarized as a process of "acquisition, restructuring, extracting value, and selling."
Over the years, almost all companies acquired by Vivendi have suffered a miserable end.
What those companies are facing is not whether the founders can stay on the board, but the possibility that the entire company will be drained and then split up, sold, or closed.
It can be said that the Vivendi Group is a pile of shit that is more disgusting than Bernard Arnault and it stinks extremely.
If LVMH falls into the hands of Bernard Arnault, it will at least survive.
But if Vivendi Group gets involved, it’s hard to say what LVMH will become in the future.
Therefore, Bernard Arnault's final move of "burning both the good and the bad" really became his life-saving straw.
This forced Henri Lacamier to negotiate with the two partners who held most of the shares of Dior Clothing, and they finally decided to show mercy to him.
It can be said that he was like a desperate criminal who used explosives to coerce the mine owner, and he actually found a glimmer of hope in the impossible.
This led to the convening of the board meeting to announce the transfer of power.
Of course, looking at it from the other side, since Bernard Arnault has saved his company and avoided bankruptcy, and gained benefits, it is inevitable that he will lose face.
Bernard Arnault is very clear about this.
Why should he ask people to give up a listed company that they were so close to having full control of?
Why should he make people so magnanimous and forget the humiliation and coercion he had in person?
Why can he stop the other party from taking pleasure in revenge simply by intimidation?
If he doesn't let his opponent vent his anger and fully enjoy the pleasure of being a winner, the other party will never let him go so easily.
The only thing he could offer at the moment, which was still attractive to Henri Lacamier, was that he could allow the other party to act like a winner and trample on his self-esteem in public.
To put it bluntly, he had to provide Henri Lacamier with sufficient emotional value.
If Henry could feel the pleasure of having dealt with his enemy with his own hands, then the anger in his heart would at least be reduced to a certain extent, and only then would people be willing to let him live on.
At least it is better than letting the enemy have no place to vent his hatred. I would rather fight Vivendi again than make him bankrupt first.
So he decisively gave up all his dignity.
Not only did he swallow his pride, but he also honestly admitted defeat and regarded himself as a loser.
The key is that he was able to do his best to cooperate with Henri Lacamier in declaring sovereignty, transferring financial power, and helping to clear up personnel obstacles in the company. He can be said to be a "model prisoner of war" who can bend and stretch.
Because of this, in Ning Weimin's eyes, this guy still has some heroic spirit, and his ability to endure humiliation and bear heavy burdens is not comparable to ordinary people.
He knows when to give up and when to make a decision, he knows when to make a decision. He is not afraid of losing face. No wonder such people can achieve success in their careers.
And Henri Lacamier was also very well supported by Bernard Arnault.
All the demands he raised at the board meeting were smoothly passed by unanimous vote. No one expressed any objection, and no one interfered.
Not only did Henri Racamier officially become the new owner of LVMH, succeeding Bernard Arnault as the company's chairman and CEO, but he also brought his old friend Pierre Cardin onto the board of directors as his assistant.
At the same time, helping Alain Chevalier's eldest son join the board of directors resolved his previous grievances with MH, and everyone was happy.
It was not until this time that he truly held power and became the de facto leader of the LVMH Group.
This feeling is certainly different from the past.
And that was not the end. When the board meeting was about to end, Henri Lacamier, who was too happy, suddenly decided to hold a grand dinner three days later to celebrate his regaining control of LVMH and the company's bright prospects, in order to wash away the decadence, calm the turmoil and boost people's morale.
As for those who are destined to be purged, the feelings of those subordinates and confidants who were promoted by Bernard Arnault...
There's nothing we can do about this. The overall situation is more important. Someone has to make sacrifices. Just accept your fate!
Therefore, after the board meeting on October 10, there was no chance to breathe, and LVMH's management team launched a bloody personnel change.
After a series of important announcements and personnel change notifications were issued, ordinary employees were almost collectively speechless. No one expected that the company would suddenly undergo earth-shaking changes on this day.
Until they saw the familiar Henri Lacamier walk into the chairman's office, and the original chairman Bernard Arnault, like a stray dog, packed up some things and left.
Only then did they suddenly realize that things had suddenly changed at LVMH and the former chairman had lost power!
Most of the people promoted by the former chairman were fired, while traditional LV people were reinstated.
Even two members of the board of directors were replaced.
What's going on? Wasn't it announced that Henri Lacamier had just been expelled from the board of directors?
How come he's back again?
Instead, it was Bernard Arnault who left.
Also, how come LVMH has Pierre Cardon as a shareholder?
Clearly he is the boss of another mass-market clothing company, can he also serve as a director of LVMH?
Director Chevalier, is this the eldest son of former MH Chairman Alan?
How come he was recommended to the board of directors by the new chairman?
Does this mean that this is the result of a private reconciliation and joint efforts between LV and MH?
Will LVMH in the future really be a world controlled by Henri Racamier alone?
It really seems like that.
How is this possible? Is it so easy for billionaires to go bankrupt?
Could it be that just because of a stock market crash, hundreds of millions of assets would disappear into thin air? Isn't this too fragile?
In short, for ordinary staff and outsiders who are watching the fun, the sudden change of LVMH is really shocking, with a sense of sudden twists and turns and a ray of hope.
They were completely confused about what was going on. For a moment, they all focused their curious eyes on the person and couldn't help but whisper to each other behind his back, digging into the gossip and wanting to know the whole story.
Everyone is curious, it's normal, and we can't help but want to talk about things.
But most people certainly don't have the opportunity to understand the high-level games and behind-the-scenes deals.
Ordinary people certainly lack the means to investigate, so they can only make wild guesses based on the results and say all sorts of things.
Some people say that Bernard Arnault seems to have engaged in some illegal transactions and Henri Lacamier has the evidence of the crime...
Some people say that Pierre Cardin intends to merge its company with LVMH because it has taken a fancy to the shell resources of LVMH listed companies, and therefore spared no effort to help Henry regain the throne.
In the future, he will be the regent of LVMH, and it is very likely that Pierre Cardin will become a subsidiary of LVMH...
Some people even mistook Ning Weimin for a Japanese, saying that Henri Lacamier had found a Japanese consortium for financing, and that he was able to return to the company with the help of Japanese financial resources. In the future, the Japanese who were frantically buying up Van Gogh and Monet's paintings might become the actual owners of LVMH...
But then again, apart from this, many other things don’t mean much to ordinary employees.
Anyway, the winner takes all and it has nothing to do with ordinary people. As long as the salary remains the same, it is enough for ordinary workers.
No one cares who the actual controller of the group company is. The loser is Bernard Arnault anyway. He is the big devil. Now that the devil is dead, the company is peaceful and there is no internal fighting. Everyone just needs to cheer and don't worry about anything else.
What more do ordinary people want? Just knowing how to cheer for the winner is enough.
To be honest, the people who really care about what happened in the internal strife of LVMH and whether the company's future prospects will be good or bad are the media reporters.
Because LVMH is a well-known company in France, the sudden and major personnel changes in the board of directors and management will definitely be news that interests the general public.
Dramatic plot twists are what the general public likes most, and that's what drives newspaper sales.
As a result, a large number of reporters quickly took action and began to dig deep into the internal struggle of the company, ready to find out what was going on.
At least we have to find out how Henri Lacamier turned the tables and how he got so much money.
Especially professional financial newspapers and magazines, their noses are most sensitive to economic news and they instinctively smell the scent of money and conspiracy.
So I immediately focused my attention and carefully observed the movements of LVMH, and at the same time racked my brains to think about whether these things were related to the stock market crash a few days ago? How much connection was there?
See if it is possible to create a thrilling, intrigue-filled documentary report while avoiding the risk of litigation.
Like the reporters, the actors and models in France are also very concerned about this matter.
Those who knew Henri Lacamier wanted to congratulate him immediately, but unfortunately they couldn't find him for a while.
People who don't know him are also desperately trying to find out the latest changes in LVMH's management and board of directors.
They are eager to find vested interests that they know or may get to know. After all, LVMH is such a prestigious company that is capable of leading the fashion trends in France and has countless advertising needs and publicity effects.
Anyone who can get close to such a person will find a golden thigh, which will definitely be of great help to his career development and economic income.
Maybe it will soar to the sky, so it is better to act early than late. People in the world of fame and fortune know how to seize opportunities.
As for those who also had certain contradictions and conflicts of interest with Henri Lacamier or Pierre Catton, they remained silent.
They all understand that these two people have achieved a leap in social status. Everyone understands what it means for them to hold a listed company like LVMH in their hands?
The key point is that they were able to deal with the "wolf in cashmere" without making any noise. That guy is not an easy one to deal with.
Such means cannot but make people afraid and shudder when they think about it carefully. If you provoke them again, you might get into big trouble. It is better to wait and see the situation.
That is why, at 1987:10 p.m. on October 29, 8, LVMH Group held a celebratory dinner at Maxim’s Restaurant, attended by many political and business celebrities.
I don’t know how many invitations the organizers of the banquet sent out, but the entire restaurant was almost full. Everyone was proud to be able to attend this banquet, and many people even came uninvited.
Especially the stars and models, almost all those who are slightly famous are here. If you don’t know, you would think this is some film festival award ceremony.
Many young stars and models only start looking for connections when they arrive at the scene, hoping that someone with an invitation will take a liking to them and bring them in.
Of course, it doesn’t matter even if I can’t get what I want, because there are too many reporters here. As long as I can get some photos taken, I can get more exposure, so it won’t be a wasted trip after all.
And Catherine Deneuve is worthy of the title of movie queen. Even in such an occasion surrounded by so many beautiful girls, as soon as she arrived at the scene and got out of the car, her every move, every frown and smile was filled with seductive charm, and she became the focus of reporters.
"Miss Catherine, can we take a picture?"
After meeting the requests of several reporters, she showed the invitation with a smile on her face and walked into the restaurant gracefully.
Just based on this chic back view, it is enough to make the stars and models who have been waiting outside for a long time but unable to get in envious.
However, what is unknown to others is that even she still couldn't avoid feeling a little disappointed when she was in this situation.
As soon as Catherine entered, she saw Alain Delon, who was being adored by everyone. She finally squeezed past him and leaned close to his ear to ask, "Did you see Ning? I've been looking for him all day and couldn't find him. I want to ask him about the stocks..."
Unexpectedly, Alain Delon said, "He's here. But he can't see anyone now because Mr. Henri Lacamier is talking to him alone. This may be more important to him. You know, as one of the winners, his level is no longer comparable to ours. I didn't expect that this guy who needed my care half a year ago has now become a truly powerful person in Paris...." (End of this chapter)
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