Rebirth of England.

Chapter 614 Huaxie Group
"Your Highness, according to the relevant information from the British Automobile Group, they have sent a team to negotiate with the Daimler Group on the acquisition of their shares in McLaren Technology Group..."

Shortly after Bonnie gave birth to Richard Cavendish, mother and son returned to their home in Kensington to recuperate.

During this time, Barron would also take time to stay at home with them.

After hearing Zhang Junning's words, Barron nodded and said:

"We'll see if Daimler AG will refuse to sell its stake in McLaren."

Previously, British Motor Group acquired a 30% stake in McLaren Technology Group from Ron Dennis and his partner Mansor Oyer, who currently each hold a 15% stake in McLaren Technology Group.

The remaining 40% of the shares are held by Daimler AG, the parent company of Mercedes-Benz.

However, now, the shares of McLaren Technology Group held by Daimler Group may be sold - this is not only affected by the subprime mortgage crisis, but also because Mercedes-Benz is preparing to acquire an F1 team to form its own team. Therefore, cooperation with McLaren is no longer necessary.

However, the acquisition price of the British Motor Group needs to be determined through negotiation.

In addition to owning shares in McLaren Technology Group, British Motor Group also cooperated with it to once again establish McLaren Automotive, preparing to restart the McLaren sports car civilian car project in addition to the racing team.

Their latest supercar model will also be launched this year...

British Motor Group holds a 49% stake in McLaren Automotive.

If it can acquire the shares of McLaren Technology Group held by Daimler Group, then the British Motor Group's shareholding in McLaren Technology Group will reach 70%, and its direct and indirect shareholdings in McLaren Automotive will also reach an extremely high proportion, thereby basically controlling the company.

In terms of engines, the McLaren team has been using engines provided by Mercedes-Benz since 1995, and the two parties have a 13-year history of cooperation.

However, after Daimler Group launched McLaren Technology Group, they naturally could not continue to provide their engine platform to the team for free. At that time, McLaren will replace its engine platform with the products of Cosworth Engine Company under the British Automobile Group.

"Also, Your Highness the Duke..."

Zhang Junning continued:
"Regarding the sale of the international publishing rights of the magazines of the Hachette Group under the Lagardère Group, in addition to our SEM Group, the Hearst Group of the United States has also expressed interest in it and has sent people to join the negotiations this time."

"Give me the most detailed information..."

"I've already got it for you, and I'll give you the follow-up information right away."

Barron took the information handed over by Zhang Junning, looked through it carefully, and seemed to be thinking about something.

When Barron visited France before, he met the heir of Lagardere Group, one of the largest media groups in France, through Sarkozy's introduction, and the two sides also forged a "friendship".

Barron's goal is to be able to participate when this "prodigal son" sells his property again.

Lagardère Group is a comprehensive French media, machinery manufacturing, aerospace and telecommunications group company, which has a publishing company, a satellite company and an aerospace company. Lagardère Media Group is one of the world's three largest publishing groups and the first media giant in France; the group currently owns 259 magazines around the world, including ELLE, MARIE CLAIRE and Paris Match.

For example, this time facing the subprime mortgage crisis, their physical and telecommunications group businesses were also affected, so Arnault Lagardère decided to sell some media assets.

This time, what they are planning to sell is the Hachette Group, which is owned by Lagardère Vitality Media Group.

Hachette Group is part of Lagardère Vitality Media Group, whose international titles include British women's magazines Red, Sugar and Inside Soap.

The group owns a total of 212 magazines, 80 of which are published in France, including ELLE and Psychologies.

This time, Hearst Group has set its sights on the international publishing rights of magazines under the Hachette Group, and they offered 6 million pounds in the hope of acquiring these publishing rights.

Barron is no stranger to the Hearst Group.

After all, Amanda Hearst and Lydia Hearst come from this family.

It can be said that Hearst Group was once extremely prominent. It is a privately held company founded in 1867. Its five core business areas include newspapers, television, cable television, magazines and business information, making the company's business development both balanced and diversified.

Hearst International is one of the world's largest diversified media companies, with its primary businesses including ownership of 15 daily newspapers and 38 weekly newspapers.

Even in the British market, Hearst Group owns the UK's National Magazine Company, which publishes a series of lifestyle magazines, including Harpers Bazaar, Country Living, Good Housekeeping, Reveal and Esquire.

If the Hearst family completes this acquisition, they will own the publishing rights of Hachette Group's wholly-owned or joint venture companies outside France, such as the UK, the United States, and European businesses in the Netherlands, Italy and Greece.

At the same time, we also have partnerships in Asian countries and regions such as mainland China, Hong Kong, Taiwan, South Korea, and Japan.

However, long before Hearst Group, SEM Group had already made a bid for Hachette Group.

Like the Hearst Group, they not only want to acquire the overseas distribution rights of the Hachette Group, but also plan to acquire the Hachette Group as a whole.

In this regard, SEM Group's offer is over 15 billion pounds, and the specific price is still under negotiation with Lagardère Group.

What Barron didn't expect was that the Hearst Group also joined the bidding this time.

However, this is not surprising, because compared with SEM Group, Hearst Group has more experience in operating magazines around the world, and after obtaining the overseas distribution rights of Hachette Group, they will become one of the largest magazine publishing groups in the world.

After seeing these materials, Barron couldn't help but think of Amanda Hearst.

Of course, she is not too involved in her own business at present, but Barron has not heard from her since the last time they separated. Lydia Hearst called him before, but the answer was vague.

(End of this chapter)