Wolf of Xiangjiang

Chapter 341 Hilton Hotel

Los Angeles.

Lin Zhengjie met with a group of senior executives from Barings Bank. The team led by Jonathan, Vice President of Barings Bank and Head of Real Estate Investment Department, reported to him on the acquisition of Hilton in the conference room.

"Mr. Lin, our current offer is as high as $37.5 per share, which is 50% higher than Hilton's share price at the beginning of the year. However, Hilton Hotels CEO Stephen insists on asking for $40 per share, which means the total amount of funds involved is as high as $220 billion."

Hilton Hotels' total share capital is 5.5 million shares, which means that the privatization price is US$40 per share, involving a capital of up to US$220 billion.

Before Barings Bank intervened at the beginning of the year, Hilton's stock price was less than $25 and its market value was only $136 billion.

In this way, the acquisition by Bank of Bahrain is equivalent to a 60% premium, which is extremely crazy!
It is precisely because of this that Americans are probably not so averse to this acquisition. After all, the Bank of Barings is here to be the sucker!

But in Lin Zhengjie's view, there is no doubt that Hilton's future value will be 350 billion US dollars.

"What about loans?"

Lin Zhengjie asked about the loan. After all, the acquisition of Hilton Hotel must be mainly funded by loans, otherwise there would be no value in the acquisition at all.

Assuming the total acquisition funds are USD 220 billion, the Bank of Bahrain can only take out USD 50 billion at most, and the remaining USD 170 billion must be all loans. Once Hilton Hotels is acquired, it is equivalent to privatization, so the debt will naturally be transferred to Hilton Hotels and has nothing to do with the Bank of Bahrain.

So if Hilton Hotels is relisted one day and its market value reaches 300 billion US dollars, the profit earned by Bahrain Bank may be tens of billions of US dollars.

In this way, it is equivalent to using 50 billion US dollars to earn 100 billion US dollars, and the annual rate of return is quite generous. (When the funds reach this level, the annual profit exceeds the bank interest, which is considered very successful. A rate of return of more than 8% is already a success)
Jonathan immediately said: "The funds have been committed by ten banking consortiums, with a total loan agreement of approximately 160 billion US dollars. The acquisition will take effect once it is completed."

After thinking for a moment, Lin Zhengjie said, "The next three or four years will be a time of rapid growth for the global economy and real estate. We cannot delay this acquisition until next year. I suggest that you complete the acquisition as soon as possible and give the new management team three or four years to develop."

Jonathan is also an old follower of Lin Zhengjie. They have all survived the 'Internet and telecommunications bubble' and the 'impact of 911/ on global real estate', so they know each other well.

He understood what his boss meant, which was that the world might enter an economic downturn in three or four years, so he had to give the new team at Hilton Hotels time to develop.

"Then let's quote $39.5, let's try this price!"

"Row"

Everyone breathed a sigh of relief. The big boss came personally to make the final decision, so perhaps the acquisition could be completed soon.

The meeting continued, and Lin Zhengjie asked, "Do you have any candidates for the new CEO of Hilton Hotels?"

An excellent CEO and a team of professional managers are a must after a successful acquisition, otherwise the business may suffer losses.

"Yes, our candidate is Chris Nassetta, the vice president of Hyatt Hotels. He has extensive experience in hotel management. Of course, if Mr. Lin has a more suitable candidate, please tell us."

"No, you guys do the work, I just need to understand."

"Ok"

However, Lin Zhengjie changed the subject and said, "Although professional managers are in charge of Hilton, we at Bahrain Bank must provide support. I also have a very detailed plan for Hilton. After acquiring Hilton, the first thing we should do is to reduce operating costs, move out of the Beverly Hills headquarters, and choose a headquarters with lower costs. Secondly, Hilton has had a franchise policy for many years, so after the acquisition, we must vigorously implement the franchise policy. Light assets are the mainstream development of hotel groups in the future. Finally, of course, Bahrain Bank must do a good job in financial skills in the future."

Jonathan said admiringly: "Mr. Lin's plans are all excellent, and we will do a good job in financial skills. But there is one thing I need to ask you. Why do you say that the next three or four years will be a good time? Will it fall into a downturn in three or four years?"

Lin Zhengjie smiled and said, "Economy is cyclical, just like the Asian financial crisis back then, the United States will also experience a financial crisis caused by real estate in three or four years, which will further affect the world. This is my personal analysis, and you are all management I trust, so just take it as a reference, don't spread it around."

"clear"

The five people in the conference room are all senior executives that Lin Zhengjie is very familiar with, so what’s wrong with revealing a little bit!
The key is that this information can be used as a reference for everyone.

Beverly Hills, Hilton Hotel headquarters.

CEO Stephen is a professional manager, and at that time Hilton Hotels did not belong to the Hilton family but a public listed company, so everything was decided by a team of professional managers.

Stephen naturally hopes to give shareholders a better rate of return, so although he has always welcomed the acquisition of Bank of Bahrain, he has always demanded a higher price.

In the conference room, Stephen said: "Barings Bank has requested another negotiation. It is said that Mr. Lin Zhengjie, the consortium behind Barings Bank, has arrived in Los Angeles. It seems that they are really determined to win!"

A senior executive laughed and said, "If that's the case, then they will definitely offer $40!"

Everyone smiled and nodded, as if they had made a bet on Barings Bank.

Stephen then said: "So this time, everyone came to the negotiation with sincerity. As long as we are satisfied with the price, we don't care whether the capital behind Barings Bank is European or Asian. Our principle is to bring better returns to shareholders."

"clear"

soon.

We are welcoming another round of negotiations.

This time, the price proposed by Barings Bank was US$39.5 per share. The reason why it was US$0.5 per share less than the one proposed by Hilton was that in the first half of 2003, the world experienced an economic downturn due to the residual impact of 911/, and both the hotel industry and the luxury goods industry were affected to a certain extent.

This is a very good reason!
Moreover, Jonathan said in the conference room: "The price of $39.5 needs to have a premise, that is, Hilton Hotel cannot introduce new competitors. If everyone agrees, I believe this is a wonderful fate!"

Finally, Jonathan said humorously.

Stephen and others fell into thought. If they agreed to the price of $39.5, they would need to submit shareholder proxy materials to the US Securities and Exchange Commission, which would take some time to finalize.

During this period, Hilton management could not introduce new competitors, which meant that the price was fixed at $39.5 per share.

Finally, after some communication with his companions, Stephen said, "OK, I believe in your sincerity!"

Both parties stood up happily and shook hands with each other. The deal was about to be successful.

After working in the United States for three days, Lin Zhengjie took his three daughters, Wang Zuxian, Zhou Huimin, and Zhang Xiaohui, and their seven children, to travel to Niagara Falls, which is located on the border between Ontario, Canada and the United States.

Obviously, the children were very happy that their father could take them on the trip. The oldest child is Wang Zuxian and Lin Zhengjie's eldest daughter, Lin Yinuo, who is 14 years old this year and looks very graceful.

As the only girl among seven children, Lin Yinuo always liked to hold her father's arm. Her three mothers gave her eye warnings many times, but she turned a deaf ear to them.

It was the flood season, and the scenery of Niagara Falls was charming and spectacular. Lin Zhengjie was in a very good mood. With his wife, concubines and children by his side, he temporarily forgot about work.

In fact, he doesn't need to work now. He holds shares in so many companies around the world, which is enough for him to become the richest man. So work is just to kill time and diversify his life.

“Come, let’s take a photo.”

Lin Zhengjie also likes to take photos, greeting his wives, concubines and children, and taking photos with their backs to the waterfall. The bodyguards and assistants are a group of people. In order to make the team less conspicuous, the bodyguards all wear ordinary clothes, which means that their team is not just Lin Zhengjie. Otherwise, someone will always ask: "Sir, are these all your wives? Are these all your children?"

Therefore, the bodyguards can also make do with it, so as to give those who don’t know Lin Zhengjie less strange looks.

However, when taking pictures, Lin Zhengjie still put his arms around Wang Zuxian and Zhang Xiaohui's waists, appearing very intimate.

The children stood in the front, and happy family photos were soon created.

"Mr. Lin Zhengjie?"

A foreigner recognized him and shouted in surprise.

As the world's richest man, although Lin Zhengjie is Asian, he is also influential in Europe and the United States. After all, being able to beat Bill Gates is quite impressive.

"Hello"

"Really Mr. Richest Man, can I take a photo with you?"

A middle-aged white man said in surprise.

It can be seen that this middle-aged white man is also very rich, and the girl next to him is probably not his original wife.

"OK"

Afterwards, under the arrangement of Lin Zhengjie's bodyguard, the two took a photo together by the waterfall. Of course, the camera could not be pointed at Lin Zhengjie's family.

"Mr. Lin, which industry do you think has the best investment prospects?" The middle-aged white man took the opportunity to ask another question.

"They all have prospects, it just depends on which industry you are familiar with. This is a great era, full of opportunities everywhere!"

Lin Zhengjie answered the question with a smile, and then left with his family.

Lin Zhengjie was reading a book on the big bed in the hotel.

After a while, Wang Zuxian walked in wearing a black deep V skirt. Her long legs and beautiful face immediately attracted Lin Zhengjie.

"Where are the children?"

"I'm ready to go to bed. Sister Xiaohui and Huimin are watching over me. Don't worry!"

Lin Zhengjie nodded, then hooked his finger, and Wang Zuxian walked over happily and stood at the head of the bed.

"Yes, when you followed me, I remembered that there was a pair of Aces here!"

Lin Zhengjie's hand gently stroked Wang Zuxian's deep V.
Wang Zuxian immediately opened her deep V skirt, revealing her breasts, and then immediately opened it again, saying proudly, "How about it, I have a C cup now!"

Lin Zhengjie swallowed his saliva. This woman's move just now had already whetted his appetite.

Indeed, after years of development, Wang Zuxian also has C-level, which is not big, but it is also in the category of ordinary people. In this way, although his youngest woman is still Wang Zuxian, she still escapes the situation of ordinary A, and there is no one in B level.

"Lie next to me"

Wang Zuxian knew that tonight would be a sleepless night. She was full of anticipation and lay carefree on the bed.

Legs are so good!
Lin Zhengjie's eyes and hands were fixed on Wang Zuxian's bare legs, which were long, straight, and perfectly proportioned.

He bent down and left his breath on Wang Zuxian's smooth thighs.

This scene reminded Lin Zhengjie of Wang Zuxian's long legs in "City Hunter" when she was carried into the bedroom by the villain in her previous life. Lin Zhengjie had a deep impression of her.

In this life, Wang Zuxian did not film that drama because she gradually retired in the late 1980s.

"Don't come near me, I'm not wearing anything!" Wang Zuxian became shy.

She couldn't bear to let this man do that kind of thing. After all, this man was their emperor and could play with them as he pleased, but they would not let this man kiss their dirty places.

Lin Zhengjie smiled and raised his head, pushing up Wang Zuxian's skirt, revealing her spring scenery.

The next day, Wang Zuxian's happy expression let Zhou Huimin and Zhang Xiaohui know that she had tasted great sweetness yesterday. However, this time, Lin Zhengjie will accompany everyone for three days, so everyone has a chance.

They ended their tour that day and returned to their villa in Vancouver.

On the last night in Vancouver, Lin Zhengjie accompanied Zhang Xiaohui.

Lin Zhengjie was lying on the big bed, holding Zhang Xiaohui's slender waist with both hands, his eyes full of admiration. This woman had a plump figure and a charming face, and she was from a famous family, which was quite a contrast.

Zhang Xiaohui looked down at him, jumping up and down. Seeing Lin Zhengjie admiring her, she said proudly, "Husband, are you reluctant to go back to Hong Kong? Do you want to stay with me for another day?" After that, she bent down and blew on Lin Zhengjie's neck.

"You've had enough to drink tonight, and you're still thinking about tomorrow. I'm just starting to warm up. Also, how do you deal with it when you miss me when you live in New York?"

"It was solved with tools, so I didn't ask Zuxian or Huimin for help!"

Lin Zhengjie was stunned and sat up immediately, as if Zhang Xiaohui's body weight did not exist.

"You women?"

"I was just kidding you. Do you really think I'm sexually unsatisfied? Am I a coquettish woman in your eyes? I have to take care of my kids and write articles. My life is simple!"

Lin Zhengjie then remembered that maybe his thinking from his previous life had influenced him. Zhang Xiaohui had always behaved like a rich lady since she followed Lin Zhengjie, and her style was not at all bold and exaggerated like in her previous life.

Obviously, if she wasn't bankrupt, why would she need to sell her appearance?

He gently stroked Zhang Xiaohui's skin with his palm and said, "Now that the child is older, you can live mainly in Hong Kong!"

Zhang Xiaohui said happily: "I take it seriously. Don't think I'm annoying when the time comes. Of course, I won't take the initiative to disturb you."

This time, Lin Zhengjie really gave all the women a signal that it was okay to live mainly in Hong Kong, just keep a low profile. Of course, each family had children studying abroad, so they had to travel back and forth.

Lin Zhengjie stood up directly, and Zhang Xiaohui hung tightly on him. The woman's body, which weighed less than 100 kilograms, was not too heavy for Lin Zhengjie, and he easily made them fly in the air. (End of this chapter)

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