money trouble
Chapter 295
Chapter 295
The most exciting investment of the Blackstone Group was in 2007, when the big boss of the Blackstone Group took huge risks and withstood all the pressure of public opinion, acquired the Hilton Hotel Group for 260 billion knives, and went public after several years of business restructuring .
Finally, in 2014, all the shares of Hilton Hotel were liquidated, and after completely withdrawing from the Hilton Hotel investment, in less than seven years, a net profit of 140 billion knives was realized!
This transaction has become the most lucrative investment in the history of private equity, which can be called a myth in the industry.
The outside world only sees how much money the Blackstone Group has made, but it is hard to imagine how much effort it has put in.
Such two giants are eyeing Harrods department store at the same time, one can imagine how potential Harrods department store has.
After Wu Qian knew the strength of the two rivals, he was no longer so nervous. The enemy was too strong, so he just tried his best.
In fact, Wu Qian’s worries are a little superfluous. Fundamentally speaking, his investment philosophy is slightly different from the other two. The NPS Foundation is to help ordinary people manage their finances and needs to be extremely stable. It can be said that they cannot withstand a little storm. Their philosophy is to prefer less Earn, never lose.
The Blackstone Group has another situation.
It's just that Wu Qian didn't understand these things.
"It's no wonder that Mr. Li lost to these two behemoths back then. The capital strength is too strong..." Wu Qian muttered softly, shaking his head with a smile.
At the same time, Wu Qian was silently persuading himself not to be too capricious. He believed that if he invested most of the funds he owned, he would definitely be able to take down Harrods, but that would not be worth the candle.
"You can't do that. Investment is investment. You have to have a correct attitude and don't be too capricious. If the old man cares about it, it will be difficult..." Wu Qian thought to himself.
A luxurious three-story building in the west of London is the branch of Qatar Holding Group in London. In an extremely spacious and luxurious conference room on the third floor, people from all directions are seated clearly. Wu Qian is here with him and two bodyguards, as well as staff from Weisman Law Firm, a total of nine people.
The teams of the NPS Foundation and the Blackstone Group are similar. Bidding is not a matter of comparing numbers. Three or five professionals are enough, and the most important thing is to rely on funds.
Wu Qian looked at the directors of the NPS Foundation and the Blackstone Group who came to bid for Harrods. They were both 40-year-old middle-aged men, much older than him. They looked extremely shrewd and imposing. It seems that they all have the confidence that they are determined to win.
Wu Qian sized up the heads of the two companies, and the heads of the two companies naturally also sized up the head of the Source of Happiness Investment Company. They were guessing Wu Qian's identity, whether it was the boss or the representative.
The two of them had an indescribable feeling for this young man from the Celestial Dynasty. In so many years of business competition, there were rarely such young opponents.Even if there is, it is to learn from the experience of the elders, and it is impossible to sit in the front and control the overall situation.
For this competitor who suddenly entered, neither the Blackstone Group nor the NPS Fund took it lightly. Without considerable capital strength, it would be impossible for the Qatar Holding Group to allow the other party to intervene. Being able to participate is a strength in itself. illustrate.
From the Qatar Holding Group, there were three people in white coats sitting at the main seat, looking at the three bidders with faint smiles on their faces. Behind the three of them were four or five people in straight suits, who looked the same. Is a legal business consultant.
The person in the main seat glanced at Wu Qian from time to time, and his heart was also full of curiosity. He really wanted to see how far this new investment company could go.
At the beginning of the year, Qatar Holding Group had planned to sell Harrods before 2020.
Because from the acquisition of this department store in 2010 to the present, after nine years of development, not to mention the profits earned, the appreciation of the department store itself is very impressive.
Some economic analysts within the group used confidential data analysis to draw a conclusion that in the next 2-3 years, Harrods will enter a period of flat development, which is why today's bid is made.
Some things must be done in an absolute advance. If the department store really enters a period of flat growth before selling, it may face the embarrassment of making a sale. After all, no one is a fool.
Just like what Mr. Lee of Hong Kong Island said in one sentence, never earn the last copper coin.
Qatar Holding Group has a lot of talents in it, and naturally understands this truth, so it chooses to sell Harrods at this time.
If the receiver has unique means, he can grow Harrods and enter another round of accelerated growth. If he is dedicated to defending the city, it is also a very good long-term investment project.
In short, no matter how you look at it, Harrods is an extremely high-quality industry. Even if it is attacked by terrorists, it will still have high insurance compensation, and it is almost guaranteed to make money.
Of course, the threshold for investing in this high-quality industry is also very, very high, and ordinary small rich people should not even try to get their hands on it.
Wu Qian didn't know that a top boss in China also received an invitation from Qatar Holding Group, but due to various unavoidable reasons, a magic spell was put on his head, and he really couldn't move the money for overseas investment. unspeakable.
"It seems that we can only find another way, and then find another way. Let's wait and see who wins, and hope to have a certain degree of cooperation." Mr. Wang murmured in his office, standing by the boss's chair and watching The ink landscape paintings on the wall made me feel a little melancholy.
After Mr. Wang received the news from Qatar Holding Group, he immediately began to raise overseas funds, but due to various reasons, he was not allowed to make too much action. In desperation, he collected less than 200 billion soft sister coins, converted into The pound is only in the early 20 billion pounds.
This amount of money is not enough to bid for Harrods. Mr. Wang is in this industry and knows the value of Harrods. The money is not even enough for the reserve price offered by Qatar Holding Group, let alone the bid something happened.
Back in the day, Mr. Wang was also a tycoon who owned hundreds of billions of soft sister currency overseas, but in order to preserve his foundation, he had to put on a magic spell, sell and sell, and then bought and bought in China. I don't like a word of boldness!
But few people know that Mr. Wang's difficulties are all for the children. He can play well in some places, but it doesn't mean that his son can still play well...
"Alas..." Mr. Wang sighed, and now he thought of Mr. Li. There are some things that Mr. Li can do, but Mr. Wang can't. He is so angry.
(End of this chapter)
The most exciting investment of the Blackstone Group was in 2007, when the big boss of the Blackstone Group took huge risks and withstood all the pressure of public opinion, acquired the Hilton Hotel Group for 260 billion knives, and went public after several years of business restructuring .
Finally, in 2014, all the shares of Hilton Hotel were liquidated, and after completely withdrawing from the Hilton Hotel investment, in less than seven years, a net profit of 140 billion knives was realized!
This transaction has become the most lucrative investment in the history of private equity, which can be called a myth in the industry.
The outside world only sees how much money the Blackstone Group has made, but it is hard to imagine how much effort it has put in.
Such two giants are eyeing Harrods department store at the same time, one can imagine how potential Harrods department store has.
After Wu Qian knew the strength of the two rivals, he was no longer so nervous. The enemy was too strong, so he just tried his best.
In fact, Wu Qian’s worries are a little superfluous. Fundamentally speaking, his investment philosophy is slightly different from the other two. The NPS Foundation is to help ordinary people manage their finances and needs to be extremely stable. It can be said that they cannot withstand a little storm. Their philosophy is to prefer less Earn, never lose.
The Blackstone Group has another situation.
It's just that Wu Qian didn't understand these things.
"It's no wonder that Mr. Li lost to these two behemoths back then. The capital strength is too strong..." Wu Qian muttered softly, shaking his head with a smile.
At the same time, Wu Qian was silently persuading himself not to be too capricious. He believed that if he invested most of the funds he owned, he would definitely be able to take down Harrods, but that would not be worth the candle.
"You can't do that. Investment is investment. You have to have a correct attitude and don't be too capricious. If the old man cares about it, it will be difficult..." Wu Qian thought to himself.
A luxurious three-story building in the west of London is the branch of Qatar Holding Group in London. In an extremely spacious and luxurious conference room on the third floor, people from all directions are seated clearly. Wu Qian is here with him and two bodyguards, as well as staff from Weisman Law Firm, a total of nine people.
The teams of the NPS Foundation and the Blackstone Group are similar. Bidding is not a matter of comparing numbers. Three or five professionals are enough, and the most important thing is to rely on funds.
Wu Qian looked at the directors of the NPS Foundation and the Blackstone Group who came to bid for Harrods. They were both 40-year-old middle-aged men, much older than him. They looked extremely shrewd and imposing. It seems that they all have the confidence that they are determined to win.
Wu Qian sized up the heads of the two companies, and the heads of the two companies naturally also sized up the head of the Source of Happiness Investment Company. They were guessing Wu Qian's identity, whether it was the boss or the representative.
The two of them had an indescribable feeling for this young man from the Celestial Dynasty. In so many years of business competition, there were rarely such young opponents.Even if there is, it is to learn from the experience of the elders, and it is impossible to sit in the front and control the overall situation.
For this competitor who suddenly entered, neither the Blackstone Group nor the NPS Fund took it lightly. Without considerable capital strength, it would be impossible for the Qatar Holding Group to allow the other party to intervene. Being able to participate is a strength in itself. illustrate.
From the Qatar Holding Group, there were three people in white coats sitting at the main seat, looking at the three bidders with faint smiles on their faces. Behind the three of them were four or five people in straight suits, who looked the same. Is a legal business consultant.
The person in the main seat glanced at Wu Qian from time to time, and his heart was also full of curiosity. He really wanted to see how far this new investment company could go.
At the beginning of the year, Qatar Holding Group had planned to sell Harrods before 2020.
Because from the acquisition of this department store in 2010 to the present, after nine years of development, not to mention the profits earned, the appreciation of the department store itself is very impressive.
Some economic analysts within the group used confidential data analysis to draw a conclusion that in the next 2-3 years, Harrods will enter a period of flat development, which is why today's bid is made.
Some things must be done in an absolute advance. If the department store really enters a period of flat growth before selling, it may face the embarrassment of making a sale. After all, no one is a fool.
Just like what Mr. Lee of Hong Kong Island said in one sentence, never earn the last copper coin.
Qatar Holding Group has a lot of talents in it, and naturally understands this truth, so it chooses to sell Harrods at this time.
If the receiver has unique means, he can grow Harrods and enter another round of accelerated growth. If he is dedicated to defending the city, it is also a very good long-term investment project.
In short, no matter how you look at it, Harrods is an extremely high-quality industry. Even if it is attacked by terrorists, it will still have high insurance compensation, and it is almost guaranteed to make money.
Of course, the threshold for investing in this high-quality industry is also very, very high, and ordinary small rich people should not even try to get their hands on it.
Wu Qian didn't know that a top boss in China also received an invitation from Qatar Holding Group, but due to various unavoidable reasons, a magic spell was put on his head, and he really couldn't move the money for overseas investment. unspeakable.
"It seems that we can only find another way, and then find another way. Let's wait and see who wins, and hope to have a certain degree of cooperation." Mr. Wang murmured in his office, standing by the boss's chair and watching The ink landscape paintings on the wall made me feel a little melancholy.
After Mr. Wang received the news from Qatar Holding Group, he immediately began to raise overseas funds, but due to various reasons, he was not allowed to make too much action. In desperation, he collected less than 200 billion soft sister coins, converted into The pound is only in the early 20 billion pounds.
This amount of money is not enough to bid for Harrods. Mr. Wang is in this industry and knows the value of Harrods. The money is not even enough for the reserve price offered by Qatar Holding Group, let alone the bid something happened.
Back in the day, Mr. Wang was also a tycoon who owned hundreds of billions of soft sister currency overseas, but in order to preserve his foundation, he had to put on a magic spell, sell and sell, and then bought and bought in China. I don't like a word of boldness!
But few people know that Mr. Wang's difficulties are all for the children. He can play well in some places, but it doesn't mean that his son can still play well...
"Alas..." Mr. Wang sighed, and now he thought of Mr. Li. There are some things that Mr. Li can do, but Mr. Wang can't. He is so angry.
(End of this chapter)
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