Back To 1995
Chapter 307: pay back
Chapter 307 Repaying the money on the ground
When he saw Song Yang, Chris Jain immediately inquired about the news from Song Yang. Jain, who was transferred to the Comerica headquarters, seemed to be living a good life now, with a few assistant secretaries behind him. , far more imposing than when he was in Houston.
Since the cooperation with Song Yang, Jia En and Comerica Bank have made huge profits, and this time Song Yang has made a large investment in Asia, although the outside world has raised doubts about Song Yang's investment in Asia.
However, as Comerica Bank, which has tasted the sweetness here in Songyang, it is quite concerned about these investments in Songyang.
After all, the projects that he cooperated with Song Yang before, although the risks are not small, the benefits are equally huge. This time Song Yang's investment in Asia is not a small controversy, but Jia En feels that if it can really pay off, then Song Yang's investment will not be too small. It is impossible to say that they will get amazing returns, and Jain and Bank of Comerica also want to get a share of the pie!
Song Yang sat down and said to Jaen, "As I said before the media, I think Asia will be an emerging investment market, and there will be more investment institutions in the future. The Americas Global Investment Fund is just the first. One step, maybe one day Comerica Bank will also go!"
Hearing Song Yang's words, Jia En couldn't help but be stunned, and asked in a bit of surprise, "Song, are you really optimistic about the market over there?"
Song Yang just smiled and didn't say much. The world is all for profit, and there is no profit. It is estimated that no one will believe anything, but as long as you can see the benefits, even if you risk losing your life, there will be people. Dry.
But Eric on the side couldn't help it, "Gentlemen, we are not here to talk about this!"
Song Yang glanced at Eric. From the perspective of vision alone, Jia En is definitely better than Eric. After all, Jia En was born in a professional class and had fished in a high school in America.
Eric does not yet have a complete understanding of the transformation of RICK. Even if RICK acquires the Wei Mi show brand, it cannot be limited to America. The Asian market is definitely the most important market for Wei Mi, or even not one of them.
"RICK needs the support of Comeliga!" Song Yang also said to Jia En, in a short period of time, to take out a large amount of cash, he must rely on Comeliga Bank.
When Jian heard this, his head immediately shook like a rattle, "Song, we talked about that Comerica Bank will provide 200 million US dollars for RICK's acquisition. This is the greatest authority I can get."
"But it's far from enough now, old man Wexner, the asking price is too high." Eric said annoyed to Jain, who was indifferent.
However, Jia En just shook his head and did not care about Eric's dissatisfaction. If RICK really became a major customer of Comerica Bank in the future, then Jia En would be Eric's grandson, and he would have no problem providing for the other party, but now , Comerica Bank provided this fund entirely because of Song Yang, not because of Eric.
"LB and Leslie Wexner, we'll talk again, but we'll need Comeriga to provide some funding for this acquisition."
"Jian, I promise, it's all worth it!" Song Yang looked at Jia En and said.
Chris Jain hesitated for a moment, and finally said helplessly, "I will report to the headquarters of Comerica Bank, but I can't guarantee whether I can get more quota."
Song Yang nodded, then picked up the LB company and Victoria's Secret's information and glanced at it, and finally set his eyes on Donna Cullen, the current chief designer of Victoria's Secret. Donna Cullen asked Victoria's Secret's Bi Grid began to rise.
Victoria's Secret has only been around for a year or two, it has been established for more than ten years. Although the sales of Victoria's Secret in the past were good, the main places to show up were nightclubs, call girls and other places. Midbiger began to stand up, making it officially the same level as other top clothing brands and even luxury goods.
Now, what is lacking in Victoria's Secret is a top-level exposure, making it appear in front of the world and formally establishing its position in the women's clothing market!
"Tomorrow, restart negotiations with LB and find Donna Cullen tonight."
After reading Donna Cullen's profile, Song Yang said to Eric, "Let Donna Cullen support RICK's acquisition, and if necessary, support her in establishing her own independent clothing brand!"
For a fashion designer, when he first debuted, his most dream was to be the chief designer at Chanel, Versace, Dior, etc., but after he became famous, without exception, he definitely wanted to build his own brand.
Winning Donna Cullen and supporting her to build her own brand is undoubtedly a **** investment. For Donna Cullen, this is probably one of the most tempting conditions she has faced since she started her career. One!
Eric nodded, poured a glass of wine into his stomach, then got up and left, preparing to dig Donna Cullen's corner.
Song Yang also felt a little tired after taking the plane all the way. He ordered a steak, and when he was dealing with the steak, he raised his head and asked Jia En, "Comerica Bank, what's your attitude towards cooperating with PayPal in the electronic payment business? "
PayPal payment is currently under development. Although the progress is not fast, it is also under steady development. By the end of the year at the latest, it will definitely be tested, and then settlement support from a bank will be needed.
Jia En quickly swallowed the steak on his plate, and then said to Song Yang, "Song, director of Kerimaea, I want to talk to you personally about this matter. Kerimaiya has already asked the board of directors of Comerica Bank, It was brought up, but the board was a little concerned."
PayPal payment is to dig the roots of the banking industry in America, including Comerica Bank. Although Song Yang also drew a big pie for Comerica Bank, how much can this pie be eaten? No one knows, but the risk is obvious to the naked eye. Comerica Bank will be tied to PayPal, and the supporters behind Wall Street and several major banking giants will break their arms!
Song Yang ate the steak on the plate, cut another piece, looked at Jia En and said, "When I'm done here, I'll go to the headquarters of Comerica Bank after attending the America Internet Conference."
"Of course," Song Yang picked up a piece of steak and looked at Jia En, "PayPal belongs to Jia En, and there will be no shortage of it."
Jian couldn't help showing a smile on his face. Why did he put so much effort into raising funds for Song Yang, taking huge career risks, and not because of the conditions that Song Yang had promised him!
From a professional manager to an investor in America, it is not only a change in identity, but also a change in worth, which is equivalent to breaking the ceiling.
LB is an old clothing retailer. Unlike the technology industry, the clothing industry is a relatively transparent industry. LB can survive for so many years, and naturally has its own survival rules. Unlike those top clothing brands, LB is popular. The route, which is to win with quantity, small profits but quick turnover, holds two discount seasons every year to clear the inventory.
Just like Leslie Wexner, the founder of LB, LB is also very conservative now. The ghost knows how LB thought of buying Victoria's Secret, but now, LB is basically dominated by the American market. There are basically no stores in overseas markets...
When Song Yang, Eric, and Jain came to the headquarters of LB Company together, Leslie Wexner also waited there with all the directors of LB Company.
As soon as they met, Song Yang knew why Eric had a headache. The directors of LB, including Leslie Wexner, were all too old. They were all sitting in the conference room with serious faces. The look of strangers.
Song Yang glanced at the conference room and nodded to Leslie Wexner. When he sat down, his eyes were the same as Donna Cullen, who represented the Victoria's Secret brand, sitting in the LB camp. took a look.
"President Leslie Wexner, it's great that we can meet again!" Eric said to Leslie Wexner with a smile.
But in less than a minute, Wexner let Eric break the defense again, "Mr. Eric, on behalf of the LB board of directors, I reiterate that LB has no plans to sell the Victoria's Secret brand, and Victoria's Secret is in the LB company. Its operation is good, and we believe that the value of the Victoria's Secret brand is enough to 500 million US dollars, and this will not change!"
Looking at Leslie Wexner's blunt attitude, Eric's smile stiffened on his face, thinking of him as the king of the American night scene. Give him a bit of thinness, where will he run into a wall like he did in LB.
Eric looked back and glanced at Song Yang, seeing Song Yang just flipping through some materials, without any intention to speak, Eric could only suppress his temper, "President Wexner, I think we have already talked about it. However, LB owns a lot of brands, and RICK just wants Victoria's Secret and is willing to pay enough, but this price will never be worth $500 million!"
"Sorry, this is the decision of the LB board. If RICK can't accept it, I think this negotiation is no longer necessary." Another director of LB said aggressively.
However, despite what they have said, LB Company, including Leslie Wexner, has no direct position. Obviously, LB Company is not as firm as they say.
Leslie Wexner and several LB directors sitting next to him also cast their eyes on Song Yang from time to time. Song Yang, a person who has nothing to do with the clothing industry at all, appears here, which is beyond their expectations. expected.
However, the technology industry, especially the Internet industry, has become a famous "trenches" in the past two years. When LB Company saw Song Yang, it couldn't help but look forward to it. Song Yang was involved this time, and what kind of response would he give? Offer to come!
(end of this chapter)
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