Start from 1980

Chapter 1025

At this time, he didn't have much to deal with in the United States.

And many things can already be delegated, and there is no need for him to stare at them.

All he wanted to record was something he told Bernice to do in case he forgot.

"The next itinerary is to return to Hong Kong directly after a week, and there is no need to stay too much in the United States for the time being."

Su Chen took a sip of water by himself first, and said, "What you need to record next is the most important thing. I will ask you anytime, so you have to write down every word."

"Understood." Li Ruotong took a sip of water and waited for the boss's order.

"The first thing is to acquire the Chrysler Motor Company, the second thing is to develop the business of Standard Chartered Bank in the United States, the third thing is to buy shares in the Blackstone Group, and the fourth thing is to increase the acquisition of shares in the Rockefeller Group, especially its subsidiaries Acquisition of PCPI Mortgage Rights.

The fifth thing is to acquire the management right of Rockefeller Center from the Rockefeller family, and the sixth thing is. . "

The original purchase of the Rockefeller Building was because the Rockefeller Group had no choice but to reluctantly sell the center.

The Rockefeller family is one of the three major American consortiums that control Exxon Petroleum and Chase Bank. The reason for selling Rockefeller Center was that the family needed $10 billion in cash at the time.

Moreover, the prospect of real estate in New York was not promising. Although David Rockefeller, the master of the house, was extremely reluctant, he decided to sell it.

They approached more than 20 Japanese companies including Mitsubishi Estate, Mitsui Fudosan, Sumitomo Real Estate, and Nippon Life Insurance, but only Tiandu Real Estate readily took over.

The acquisition of Rockefeller Center by Saatchi did not directly acquire its land and buildings, but acquired the shares of the Rockefeller Group from the Rockefeller family.

Although the Rockefeller Group owns assets such as 14 buildings including Rockefeller Center, Radio City Music Hall, investment and wealth management financial companies, and industrial areas in New Jersey, nearly 90% of the entire asset center is still the Rockefeller Building.

And in this transaction, Shengshi has actually spent an extra US$13 billion.

Because the Rockefeller family mortgaged 1985 of the 14 Rockefeller Center buildings as early as 12, and obtained a mortgage loan of 13 billion US dollars. To solve the hidden danger of the mortgage, Shengshi can only jointly solve his debt problem.

The reason for spending so much money to fix this problem.

It's because the problem is serious.

Usually real estate mortgage is to convert real estate into small securities in the form of real estate investment trust, and sell them to ordinary investors to raise funds.

However, the example of Rockefeller Center is quite special. PCPI, a listed subsidiary established by the Rockefeller family, is another.

Then this subsidiary will set up mortgages on the 12 buildings in Rockefeller Center as a guarantee, and issue commercial paper, corporate bonds and stocks to raise funds.

This listed subsidiary successfully raised 13 billion US dollars, relying on Rockefeller's golden signature.

That is, the subsidiary's income comes from interest on the lease of Rockefeller Center.

But rents in Manhattan have fallen from $1985 a square foot in 55 to $30 a square foot.

Therefore, the subsidiary initially issued shares with a market value of US$20, which later plummeted to US$5, and large and small shareholders suffered heavy losses.

If this problem is not dealt with, and according to the agreement, Rockefeller Center's mortgage conversion period will expire in 2000, and its subsidiaries will have two choices at that time.

One is to exercise the mortgage rights of the 12 buildings without hesitation and convert them into ownership when the real estate market recovers.

If this is done, Tiandu Real Estate will immediately lose 70% of its assets.

Another option is that the Rockefeller subsidiary does not exercise the mortgage, but requires Tiandu Real Estate to repay the real estate mortgage financing in cash.

In any case, Tiandu suffered a great loss.

Therefore, if Su Chen doesn't deal with this problem, he will follow the old path of Mitsubishi.

It became the worst real estate merger and acquisition case in history.

But prosperous times are rich, and they can be made vigorously.

They bought these at a premium, and stabbed the Rockefeller family backhand.

If he can successfully acquire the next shares of the Rockefeller family, then he can control the Rockefeller family's industry and become a major shareholder of one of the three major consortiums in the United States.

Even though Manhattan real estate has been falling, his acquisitions have never stopped.

As long as there is land for sale, he will definitely buy it.

That's probably all there is to say at the moment.

"There are only so many things to record." Su Chen said, "If I can remember anything else, I'll tell you."

"Good boss." Li Ruotong closed the notebook, "Boss, if there is nothing else, I'll go back and rest first."

As soon as he stood up, his figure suddenly became a little unstable.

Almost fell to the ground, Su Chen raised his head and asked, "What's wrong, do you want me to take you to see a doctor?"

"I'm fine." Li Ruotong refused, "I just felt dizzy suddenly."

After a while, she was about to leave.

But I didn't expect to feel a little weak, and I sat back on the chair all of a sudden, and it seemed that something was wrong.

Su Chen also felt that something was wrong.

And it feels like I've experienced it myself.

Eyes became a little red.

When he looked up and saw Li Ruotong on the opposite side, he finally knew something was wrong.

Because he did have experience in this area back then.

Then he became the son-in-law of Mr. He.

While he was awake, he suddenly remembered that this bucket of water was given to him by Billy, and he also said that it is a famous mineral water, which is the most suitable for making tea.

So he brought the bucket of water back, but unexpectedly...

"Boss, I..."

Su Chen stood up shaking, "I'll take you back first..."

……

When I wake up, the spring is full of peach blossom water, and I don't know where to find the fairy source.

When he realized what happened, Su Chen instantly wanted to kill Billy.

Li Ruotong also woke up slowly, and the events of last night appeared in her mind one after another, and her heart was in turmoil.

Su Chen didn't wait for her to recover, and pulled her big hand.

It was three poles in the sun before I got up.

After waking up, both Miranda and Avril Lavigne were already preparing lunch.

"It seems that we need to make some tonic food today." Miranda whistled, "Someone yelled for half the night last night."

Avril followed: "The sound is not small, it woke us up."

"Don't mention it, I'm in a hurry to go to Massachusetts, please help me to appease her." Su Chen made an excuse, and whispered, "Remember to let her think about it, and I will be back soon."

"I don't clean up things by myself, and I still leave my tail for us to clean up." Miranda pinched him, and said helplessly, "Go, you can rest assured and leave this matter to me and Avril Lavigne."

Su Chen looked back upstairs with a guilty conscience, picked up the key and went out directly, because he really didn't know how to face it.

If it weren't for Billy's bucket of water, maybe this kind of thing wouldn't have happened.

It seems that the old saying is good, harming others will eventually harm oneself.

Not a while after Su Chen started the car and left, Li Ruotong woke up again.

When I opened my eyes, I didn't see anyone around me, and I felt aggrieved all of a sudden.

Don't even want to comfort yourself, just steal the garlic from the old lady - pull it out and leave?
What should I do now?
Just as she was thinking about it, she suddenly heard the door being opened. She was startled instantly, covering the quilt tightly with her hands, and looked at the door that was slowly opening in horror.

But it wasn't Su Chen who came in, but Avril Lavigne.

"Awake?"

After Avril came in, she sat on the side of the bed and said, "How do you feel?"

"What about others?" Li Ruotong asked subconsciously.

"He's going to Massachusetts to go to class, so he left in a hurry." Avril Lavigne said, "We can only let us accompany you, he will be back soon, but..."

(End of this chapter)