Rebirth of England.

Chapter 698 Living under someone else’s roof

Chapter 698 Living under someone else’s roof
So can Barron's compete with News Corporation for Sky TV and acquire it?

This is almost impossible because he already controls SEM Group, one of the largest media groups in the UK, which includes ITV, one of the three giants of television and broadcasting. From the perspective of "fair competition" or "anti-monopoly", it is impossible for the UK to allow him to acquire Sky TV.

Because the BBC itself is a public television station, if Barron completes the acquisition of Sky TV, it means that he controls the vast majority of the British commercial television shares. In this case, almost all the TV programs that the British people watch on a daily basis are controlled by Barron, which is terrible.

No government would allow this to happen.

Therefore, when it comes to News Corporation's full acquisition of Sky TV, Barron can at most cause some obstacles to it, but it is difficult for him to personally intervene and intercept it.

Even more practical than this, it would be more practical for Barron to influence the BBC's personnel appointments through various means, thereby pushing people who are connected with him to the top of the BBC and thus increasing his voice in this public television station.

"It seems that you are not too worried about News Corporation's full acquisition of Sky TV?"

Bonnie asked, next to Barron, in the back seat of the Bentley Mulsanne as they left the SEM building together.

Although Barron did not directly express such an attitude in the meeting just now, Bonnie could still feel his views from many of his reactions after living with him for so long.

"The most fundamental thing for a company is to always focus on itself, rather than always thinking about obstruction or destruction. After all, competitors will always exist. If it's not just Sky TV, there will be other TV stations. And our goal is not just the British market, but should be placed in a broader market..."

Barron held Bonnie's hand and said softly:
"Baby, since SEM Group has been able to grow to its current size, it means that it is on the right track and does not need to be disturbed by these things."

What Barron didn't say directly is that in the future, with the rise of mobile Internet, young people's entertainment methods have changed greatly, and more and more people rarely turn on the TV.

Therefore, in the field of television stations, ITV itself will definitely have more than one competitor. Sky TV will not belong to the SEM Group anyway. Based on his experience in his previous life, Sky TV will not be a threat to ITV.

In the future, compared to television stations, online media platforms such as Twitter, YouTube, Instagram, and TikTok will probably be more likely to influence young people's thoughts.

This is also what Barron is focusing on now.

Although it seems to outsiders that Barron and Bonnie's marriage has ended, in fact, the divorce is more symbolic, and the way they get along has not changed compared to before.

Barron spends most of his time in London living with Bonnie in their mansion in Kensington - in fact, after their divorce, Barron directly transferred the offshore company that owned the property to Bonnie's name.

In other words, Barron's living here is already considered "living under someone else's roof"...

Of course, this is just a joke. Not to mention that Barron now owns no less than 10 luxury houses in London alone, some of which he has not even lived in.

Even in this mansion in Kensington, Bonnie never had the idea of ​​taking over the reins.

Speaking of Bonnie, it is true that when the two had just divorced, although she was mentally prepared, she still felt a sense of loss to some extent.

But now, she has completely accepted this matter, and compared to when she was the "Duchess of Devonshire" before, in addition to the relationship between the two, there are more things to consider. Now she has removed a lot of pressure from her, and instead found some of the feeling of being in love with Barron.

The obvious change is that she would express her own ideas more often, instead of turning a blind eye to Barron's affairs...

Simply put, the two of them are more comfortable with each other. Sometimes Barron also feels this way, that is, he often feels that Bonnie is more charming now...

"Really? Did you just think so? Barron, you didn't come back last night..."

"You know, there are always some social engagements, and I don't want to come back too late to disturb you."

"This house is big enough..."

God knows, although he was indeed with Talulah last night, he was very "innocent".

But he also understood that words were often ineffective, and actions were more powerful...

"I have to attend an event later, Barron..."

"There's always time, baby."

Although she has given birth to two children, Bonnie has recovered her figure very well and has even gained more mature charm. Of course, to achieve the current effect, money is definitely a must...

But even though they have been together for so long, Bonnie's ability to "learn knowledge" is still limited compared to Barron.

This was also the reason why she reacted this way, because she knew that for her gifted ex-husband, once this study started, she would probably have to rest at home the entire afternoon...

……

After Gucci-Hermès Group announced that it had acquired nearly 200% of L'Oréal Group's shares from Nestlé Group for 30 billion euros, it immediately caused a sensation around the world.

This is not just because the acquisition price of Gucci-Hermès Group is more than 70% higher than the current share price of L'Oréal Group...

More importantly, as one of the world's most famous luxury groups, Gucci-Hermès Group has now acquired a 30% stake in the world's largest cosmetics group, L'Oreal Group, at such a high price. What does this mean? It is very imaginative...

Whether in terms of background or bloodline, many brands under the Gucci-Hermès Group can be called the blue bloods among the blue bloods of luxury brands.

Especially Hermès, which can be called the ceiling among luxury brands in any aspect.

Now if we add L'Oréal Group, their scale can be compared with LVMH Group...

Sure enough, shortly after the conclusion of this "earth-shaking" deal, the Gucci-Hermès Group announced that they, together with their affiliates, now held a total of more than 40% of the shares of the L'Oréal Group, becoming the largest shareholder of the L'Oréal Group.

At the same time, Gucci-Hermès Group stated that their goal is to complete the acquisition of a controlling stake in L'Oréal Group, and therefore will formally make an acquisition offer to the board of directors of Hermès Group.

(End of this chapter)

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