Hong Kong's new giants

In late September, Lin Zuhui came to the United States. This was the first time he stepped into the territory of the United States after defeating international speculators.

In an office building in California, Barings Bank President Andre, Vice President Harold and others welcomed Lin Zuhui's arrival.

Barings Bank has two vice presidents, and the other is Liang Botao, who is in charge of the Asian business; and Harold is an elite talent on Wall Street in the United States, with rich experience and ability in investment banking.

"BOSS" everyone greeted excitedly.

Lin Zuhui shook hands with everyone one by one, and said with a smile: "It's a big job, and I am relieved to see that everyone is very confident!"

Everyone laughed in agreement, and felt relieved for a while, although the acquisition of 'Hilton Hotel Group' and 'Four Seasons Hotel' is a real job with a high degree of difficulty.

That's right, Lin Zuhui decided to use "leverage" to initiate the acquisition of Hilton Hotel and Four Seasons Hotel.

Among them, the Four Seasons Hotel is his favorite "family shop", that is, a family-owned hotel; of course, even if the Four Seasons Hotel is acquired by him, the original founder will continue to manage it and retain a part of his shares. Lin Zuhui is like Bill Gates in his previous life that corner.

Among them, the acquisition of the Hilton Hotel is the record of Barings Bank. First, the acquisition is privatized and delisted, and then the number of hotels, rooms, turnover, and profits of the Hilton Hotel are expanded through models such as reducing operating costs and expanding franchise operations. Find a good opportunity to re-list and cash out.

The acquisitions of the two hotels have a characteristic, that is, they are not included in the Langting Group, and belong to the nature of personal investment.

Because whether it is Four Seasons Hotel or Hilton Hotel, their heavy assets are not high, that is, they mainly cooperate with property owners; on the contrary, Langham Hotel Group (multiple brands) has a particularly high proportion of heavy assets. A large part of the group's huge capital is to buy/rebuild properties to open branches.

The models are different and cannot be integrated.Moreover, Hilton Hotel and Four Seasons Hotel, this model needs professional managers even more.

Everyone came to the conference room.

Lin Zuhui held two documents in his hand, and he had already read them all on the private plane.

Four Seasons Hotel, listed in 1997, currently has a market value of 15.1 billion US dollars. The major shareholders include the founder Sharp (36%), Prince Waleed (18%), and Bill Gates 5%.At present, it has 47 Four Seasons hotels (mainly light assets, a small amount of heavy assets), with more than 20000 rooms.

Hilton Hotel, with a market value of 82 billion US dollars, has been sold three times. The current major shareholder is the Redbrook Group; Hilton Hotel currently has 10 hotel brands, 2200 hotels around the world, and nearly 40 rooms.

Lin Zuhui said: "The purpose of acquiring the two hotels is different! Four Seasons Hotel is my personal favorite, so the acquisition is only to meet my preferences; the acquisition of Hilton Hotel is an investment behavior of Barings Bank. If Barings Bank can If it is acquired and delisted, and reorganized and developed, it will be able to obtain a lot of profits in the future and increase its reputation."

At present, Barings Bank manages 200 billion US dollars in assets, which is still not enough for Wall Street giants who easily manage hundreds of billions of dollars.

And the more than 200 billion U.S. dollars in assets managed by Barings Bank, relying on Lin Zuhui's signature, has absorbed many European and American public funds.In fact, in recent years, the return on assets managed by Barings Bank has been very high, and its reputation has grown.

The reason for the high rate of return of Barings Bank is also due to Lin Zuhui. After all, he is aware of the general trend. For example, he analyzed for them that the European and American economies began to recover in 1994, and the prospects for telecommunications, information industries, and banking industries are good.

Harold nodded. He is the commander-in-chief of this acquisition, so he immediately said: "Four Seasons Hotel is famous for its luxury, and the founder Sharp will not resist the acquisition. He has experienced the bankruptcy crisis and understands the principle of timely cash out. ;Of course, because Sharp has too much influence on the Four Seasons Hotel, we have to consider his reserved shares."

Lin Zuhui said: "There is no problem! I also want to keep Sharp and let him manage the Four Seasons Hotel."

Harold continued: "However, the boss still has two opponents-Bill Gates and Walid. Bill Gates only owns about 5% of the stock, which he bought from the secondary market. He married It is in the Four Seasons Hotel in Hawaii, so he has made no secret of his love for the Four Seasons Hotel. Now that he is the richest man in the world, he will definitely come out to prevent us from buying; Waleed holds 18% of the stock, and he is also an opponent that cannot be underestimated. However, I heard that Prince Walid is your friend, the boss, and I believe that if we get together, the acquisition will be much easier!"

Lin Zuhui heard the words and thought about it, Harold said very well, the investigation was also very detailed, and the analysis was also very reasonable.

"Ignore these things for now, and directly initiate the acquisition to the Four Seasons Hotel, and see everyone's reaction first! The quotation should naturally be high, so as not to make people laugh!"

He asked Hengjin Investment to package 50 billion US dollars of funds and inject them into Barings Bank to become a hotel fund.

Lin Zuhui's Hengjin investment will start to cash out at a scale of 3000 billion Hong Kong dollars next year. These funds can no longer be used to invest in high-return industries, so even low-return industries such as hotels cannot be let go.

Harold quickly proposed: "Then the offer with a premium of 30% seems very sincere. If the Four Seasons Hotel is privatized at this price, it is equivalent to more than 30 times its profit!"

His words attracted everyone's attention, but everyone agreed very much.The hotel industry has always had a huge premium, and it is normal for a hotel with an annual profit of 1 million to acquire 40 billion or 50 billion.

It is impossible to recover from profits.After the average person acquires the hotel, they will redevelop the hotel and use its brand effect to develop rapidly.If it is an investment bank, they will also choose to go public to cash out at the peak, and throw the leveraged loan at the time of acquisition to the hotel.

Lin Zuhui also thought about it. He remembered that Bill Gates and Waleed were privatized before Lehman in his previous life, which was 47 times the profit, and the price seemed to be 38 billion US dollars.

To be honest, after the acquisition of the Four Seasons Hotel, Lin Zuhui can't make much money, unless he finds a good time to go public, he can make a lot of money; but now, he just sees high consumption of good things.

"Yes, although the price is high, it can let everyone see our sincerity!"

Harold continued: "If you want to buy the Hilton Hotel, you can't be so generous. We need to test it step by step. After all, we also have to find a lending bank. Therefore, I suggest a tentative offer of 25 US dollars per share!"

The current share price of Hilton is 24 US dollars, with a total share capital of 3.4 million shares and a market value of 82 billion US dollars.However, Hilton still has $45 billion in debt.

If the acquisition is initiated at a price of 25 US dollars, the price will be a full 130 billion US dollars!
Of course, it is impossible to make a successful acquisition at this price.In the previous life, when Hilton's share price was 30 US dollars, Blackstone began to intervene, and later it was 48 US dollars to complete the acquisition, and it also assumed a debt of 70 billion US dollars, with a total cost of 260 billion US dollars.

Although the price of Hilton is high, its assets have always been seriously undervalued, which is why investment banks are willing to pay a lot of premium; for example, the current market value is 82 billion, while other people's assets may already have 200 billion US dollars, and their net assets are about 150 billion US dollars.

"Just follow your instructions! You can start with the Four Seasons Hotel, then the Hilton Hotel, and gradually start the acquisition plan!"

"Ok!"

In order to acquire these two hotels this time, Lin Zuhui also specially arranged for Andre to strengthen the human resources construction of the American branch six months in advance.Of course, with Lin Zuhui in charge in person, it is more effective than any other talent.

He has many years of experience in the development of large enterprises, and he is good at asset restructuring and enterprise development. In addition, he knows the economic and financial trends in Europe, America and Asia, which makes him even more powerful.

In fact, he suddenly intervened in the US hotel industry. In addition to his huge capital, there is also an Internet company that Jingwei Capital will also start cashing out investment next year.

The United States makes money and spends it in the United States, so that it will not be investigated.If he spends nearly 200 billion US dollars in the United States over the past year, the United States will be very happy in the hotel industry. Investors are happy because they get a high stock premium, and the US government is happy because the hotel industry is "interest-bearing". Low-return industries can also solve a large number of labor.

Of course, this is just a general statement. Some of the stocks he bought in the secondary market can be gradually taken back to Xiangjiang through secret means, such as ants moving.He will not take a lot, he will come according to demand.

On the streets of New York, Lin Zuhui was wearing casual clothes, a baseball cap, and sunglasses. Yin Wanka laughed out loud with a disguised appearance.

"No, do you need to pretend to be like this?" Yin Wanka pointed at Lin Zuhui's outfit and said with a big laugh.

Lin Zuhui also looked at Yin Wanka, wearing a white knee-length skirt, a blue T-shirt, and her blond hair tied behind her head; at this time, she was just young, far less elegant than her later generations.The size of the chest is indeed BIG, and it doesn't look like it is long, but the face is also a little different from the later generations. It seems that the previous life had a slight plastic surgery.

But no matter what, she can definitely be regarded as a beauty, especially if she is tall and big, she is Lin Zuhui's favorite!

"If your father knew that I was dating you, he would definitely sue me!" Lin Zuhui made a joke.

Yin Wanka said in surprise, "You mean, are we dating?"

Lin Zuhui said calmly: "Isn't it? You asked me out, don't you know if this is a date?"

Yin Wanka hesitated for a moment, then laughed, and said, "Well, today is our first date! I wonder what arrangements Mr. Lin has?"

Lin Zuhui said boldly: "How about shopping, eating, and then going to my villa?"

When Yin Wanka heard this, he generously took Lin Zuhui's arm and said, "Then let's start dating. I'm looking forward to how the richest man will please girls!"

Lin Zuhui smiled, feeling relieved, he didn't expect things to go so smoothly.The two only met once at Tang Lade's villa, and they had contacted through ICQ and telephone later on. Today can only be regarded as the second meeting.

But soon Lin Zuhui discovered Ivanka's unscrupulous behavior. She took out a box of cigarettes from her bag and invited Lin Zuhui to share it.

"I don't smoke, just like your father doesn't drink!"

Yin Wanka picked up a cigarette, lit it and said, "Then you won't stop me from smoking?"

Lin Zuhui smiled and said, "Now I won't!"

Hearing Lin Zuhui's generous remarks, Yin Wanka immediately became interested.

"What you don't mean now is that you will stop me from smoking in the future. Don't you know that my father can't control these things! Moreover, in our United States"

After Lin Zuhui listened carefully, he said: "Of course I am not stopping you from smoking, but persuading you not to smoke. If I let you understand that an elegant, positive and successful Yin Wanka Te, her life will be more exciting. People praise you, and you are the focus of celebrities wherever you go, I believe you will not feel that such a life is not as good as your current state."

Yin Wanka looked at Lin Zuhui in surprise, she thought this man was very convincing!
After all, she came from a wealthy family and understood that money and rights are the real good things.

"My father said that you think he will become the head of the United States, is that true?" Yin Wanka asked curiously.

"I think he has that potential. In fact, it is very difficult, because there is no business leader in the United States, so it is just an encouragement!"

"Haha, he is serious now, and decided to participate in the election in 2000!"

"Then congratulations to him, he has taken the first step!" Changing the topic, Lin Zuhui said: "So, if your father succeeds in the future, will his daughter walk into the Baigong Palace with him with a cigarette in her mouth?"

Yiwanka suddenly felt that the cigarette in his hand was no longer fragrant, and immediately threw it into the trash can.

Lin Zuhui smiled, the girl really wants to coax!
For the next shopping trip, Lin Zuhui secretly praised Yin Wanka. She didn't care much about luxury brands, and insisted on paying for some gadgets by herself.

Of course, the girls in this kind of family don't lack those, but if you think they don't care about money, you're wrong.For example, Yin Wanka got a stock trading information from Lin Zuhui, and bought all of Cisco's stocks with his pocket money of hundreds of thousands of dollars.

After lunch, I took my sister to Lin Zuhui's villa in Long Beach, New York.

The two soon came to the swimming pool. To be honest, Lin Zuhui showed off his wealth, and the girl might not have much emotion; but if Lin Zuhui showed off his talent and body, the girl's eyes would be different immediately.

In the swimming pool, Lin Zuhui's strong physical fitness was immediately reflected.

"Your physical fitness is so good, you can't see it being so strong and powerful at all!" Yin Wanka was amazed when he saw Lin Zuhui swimming like a fish in the water.

Lin Zuhui's ears were sharp, and when he heard it, he plunged into the water and swam to Yin Wanka's side.

After surfacing, only 20 centimeters away from Yin Wanka, Lin Zuhui wiped off the water on his face with his hands, and opened his eyes.

"What a BIG, what a hundred!" Lin Zuhui sighed inwardly.

The height of the two is actually about the same. If Yin Wanka wears high heels, Lin Zuhui will definitely look a little shorter. After all, he is only 178cm, which is exactly ten times the size below.

"You can feel his strength by imitating me here!" Lin Zuhui pointed at his own Xiong Ji.

Yin Wanka pressed his palm on Lin Zuhui and Xiong Ji without hesitation, and couldn't put it down immediately!

Although Lin Zuhui looks thin, he is actually very strong. This is the result of a genetic mutation.

"How is it?" Lin Zuhui asked proudly.

"Is this what you do in China? You invited me to imitate your Xiong Ji, and now you are imposing your hands on my ass and waist." Yin Wanka said with a sly face.

At this time, she was already attracted by Lin Zuhui, and she did not exclude the further possibility of the two of them.

Lin Zuhui said with a smile: "I'm worried that you will be shocked by my strength and cause you to fall!"

"I don't like men who talk too hard!" Yin Wanka said cutely.

Unfortunately, as soon as her words fell, Lin Zuhui immediately let go of his hands, and Xiong Ji exerted his strength from within.

Then, Yin Wanka's life of 'ah', only felt a burst of force, rebounded to her arm, and then her body fell backwards, and then the beauty fell into the water completely.

Lin Zuhui smiled, admiring the perfect cylinder, and fell straight down.

very beautiful!
At this time, Yiwanka still needs a little plastic surgery to look like a future generation, but it does not affect her beauty and allure.

"Lin, you're going too far!" Yin Wanka was as beautiful as a lotus, but she still couldn't stop the 'anger' on her face, and she chased Lin Zuhui to play in the swimming pool. The scene was a lot of fun.

While running away, Lin Zuhui made splashes with his hands!
"Ah, Lin, I want to beat you!"

The two had a water fight and were very happy!
Lin Zuhui stopped in moderation and deliberately lost, which really aroused Yin Wanka's great joy and interest.

All of a sudden, Lin Zuhui exerted his strength, and quickly approached Yin Wanka against the splashing water.

"Ah" the beauty 'run away' in fright.

It's a pity that Lin Zuhui's movements were too fast, and then he hugged her, and pressed his lips against the frightened Yin Wanka.

There was a burst of French romance, and the relationship between the two took a big step forward!