Rebirth of England.

Chapter 699 Vulture
Gucci-Hermès Group officially announced the acquisition of L'Oréal Group, which can be said to be the most sensational news in recent times.

This will also be the acquisition with the highest amount of money so far this year.

When the news was first disclosed, everyone was most concerned about the upcoming acquisition of L'Oréal Group by Gucci-Hermès Group. What was the attitude of the Bettencourt family, the current controller of L'Oréal Group?

This really makes the crowd of spectators excited...

Because many people know that the French richest woman, Lilina Bettencourt, and her daughter have been in court for more than a year over the control of the shares of L'Oreal Group held by the Bettencourt family, but there is no result yet...

If we add to this the fact that Gucci-Hermès Group has now announced that it will acquire the L'Oréal Group, then the future development of all these things will be extremely exciting!

As you can imagine, countless media flocked to the Gucci-Hermes Group and the L'Oréal Group... and some even contacted Lilina Bettencourt and her daughter directly, hoping to get the latest response.

The L'Oréal Group and Lilina Bettencourt have not made a clear response to the acquisition by the Gucci-Hermès Group.

They only said that they are still negotiating with the other party and will disclose more information later.

But Liliana Bettencourt's daughter Françoise's reaction was more intense.

During the interview, she claimed that her mother's current mental state is worrying and she is unable to make independent decisions. In addition, the two parties are currently in litigation regarding the controlling rights of the Bettencourt family over the shares of the L'Oreal Group.

Therefore, at this time, any decision made by Lilinaya Bettencourt regarding the acquisition of the Gucci-Hermès Group should not be legally binding...

She will ask the court to temporarily freeze the Bettencourt family's shares in the L'Oréal Group and prohibit the trading of these shares before the litigation between the two parties is resolved.

In fact, even if Françoise's application is approved by the court, it can only freeze the transaction of L'Oreal Group shares held by her family for a period of time, and cannot prevent the share transfer agreement reached between Gucci-Hermes Group and Nestlé Group.

Therefore, the fact that Gucci-Hermès Group has become a major shareholder of the L'Oréal Group cannot be changed.

To put it bluntly, ever since Lilina Bettencourt agreed to the transaction between Gucci-Hermès Group and Nestlé Group on behalf of the Bettencourt family, Gucci-Hermès Group's acquisition of L'Oréal Group was inevitable.

The best that Françoise Bettencourt Mayer can do is to slow down the process, but it is already difficult to stop it.

Moreover, this time, Gucci-Hermès Group's acquisition of L'Oréal Group also received financing support from Standard Chartered Merrill Lynch, BNP Paribas and Natixis Bank, and William Weber Capital provided M&A consulting services. It can be said that it represents the wishes of many capitals.

In this situation, even if the Rothschild family tried their best to help Françoise, it would probably be difficult to fight back in the end.

And I'm afraid the Rothschild family will soon have no intention of intervening in this matter.

After all, in addition to the new round of short selling by DS Group and William Weber Capital targeting Europe...

Barron and Wall Street investors including Goldman Sachs and JPMorgan Chase have invested even more money than they have in Japan and South Korea to short Europe...

Some European capital, including the Rothschild family, is the target of this harvest - what could be more tempting than to destroy such a famous family and cause "wealth transfer"?

"Although it has decreased somewhat after the subprime mortgage crisis, the current assets managed by LCR Rothschild Group still exceed 700 billion euros..."

As mentioned before, the Rothschild family still manages their business mainly in a family style.

The core industry is the LRC Rothschild Group. NM Rothschild Bank, where Benjamin Rothschild serves as president, is a subsidiary of this group. "It is almost impossible to directly carry out a hostile takeover of the LCR Rothschild Group at present, because their family still holds more than 49% of the shares of this group..."

Daisy shook her head and said:
"And I don't think it's a wise choice to acquire this company, just from a business perspective..."

"Of course we don't need to target them just to vent our anger, my dear Daisy, and eat this piece of fat meat..."

"But I don't think those Wall Street vultures will take the initiative to do so. They prefer to rush in when the other party is dying."

Barron tapped the table rhythmically and said with a smile:

"As long as there is profit, they will not be left behind."

"The LCR Rothschild Group's business now mainly includes wealth management, M&A consulting and investment business..."

Daisy thought for a moment and said:

"Although we have obtained some information, we still need to know their detailed asset allocation and related capital movements..."

"You'll get the information, dear."

Barron said confidently:
"Our plan needs to be carried out step by step. For example, if they have unexpectedly huge losses in a certain investment, they are likely to conduct some illegal operations. When these things are exposed, and they carry out targeted short selling of the assets they manage, I am afraid that LCR Rothschild Group's clients will panic."

“Like the Industrial Bank before?”

"That would be worse than Industrial Bank..."

Daisy asked uncertainly:

"Even if we have a careful plan, how can we guarantee that those people on Wall Street will not leak the information for some petty profits?"

"So they don't need to know the whole plan, and they don't even need to know at the beginning that the Rothschild family will be one of the targets. When our plan can achieve even 50% of the progress, as long as they see the benefits, they will take the initiative to join in..."

Barron said contemptuously:
"I'm afraid that by then, even if we want to let the Rothschild family off, those Wall Street vultures will not stop, but will eat all their flesh and blood..."

Daisy had to admit that at this moment, the Duke in front of her was very charming.

Imagining this huge plan, Daisy was almost shaking with excitement.

“I’m looking forward to that day…”

As she spoke, Daisy lowered her head and leaned close to Barron's ear:

"Barron, f**k me..."

(End of this chapter)