"Look there, those are manta rays!" Alan Sharp pointed ahead, the fish that looked like dark gray diamond-shaped blankets, dragging a slender tail, floating beneath the water's surface, and there were as many as a dozen or twenty as far as the eye could see.

Sure enough, the underwater ecology and wildlife protection here are very good, and this is the place that is really close to nature.

There are two other boats parked in the lagoon not far away, and many foreigners and blonde bikini babes are standing in the lagoon feeding manta rays.

Li Yang and the others also stopped the boat, and the life-saving safety officer jumped into the sea first, and then explained safety knowledge to Li Yang and them: "Manta rays are also known as manta rays,

They are docile and not aggressive towards humans.

But when disturbed, the power of manta rays can wreck a small boat, and divers are generally very afraid of manta rays' strength and size!

So you should still be careful when feeding, you can reach out and touch them, but don't try to control their movements, or force them to hold or grab them, so as not to anger them!"

Hearing the safety officer's explanation, Li Yang suddenly felt a little familiar, isn't this similar to the cat rules he set before?

Subsequently, under the guidance of the safety officer, Li Yang, Mihir, and Allen went into the water one after another, the sea water was just below the waist, and the soft white sand was under the feet.

These manta rays are not afraid of people at all, and are even very close to people, and the safety officer is feeding the manta rays, while reaching out to stroke the manta rays, and instructing Li Yang how to correctly "stroke" the manta rays.

Seeing this, Li Yang did so, and found that this group of manta rays was completely undisciplined, and they could be touched casually if they were eaten, and some even took the initiative to rub on you, begging for strokes in various postures around them, and enthusiastically made Li Yang wonder if these "little manta rays" were pets raised by some large sea creatures, and they looked very cute.

"I'm rubbing, it's really like a cat!" Li Yang said with a smile.

It didn't take long for the food to attract not only more schools of tropical fish, but also a large group of seabirds, which began to compete with the manta rays for food.

It's a pity that these seabirds are not allowed to be petted, otherwise Li Yang thinks that he can turn them into vultures!

The strength of the manta rays is really great, and when they pounced on Li Yang, Li Yang was a little hurt when they hit him, no wonder the safety officer said that the divers were afraid of their strength......

But when it comes to diving, Li Yang is looking forward to today's trip, and according to the plan, they will go diving today to visit the beautiful ocean kingdom.

You know, Bora Bora is one of the "must-dive" destinations for diving enthusiasts and one of the most beautiful snorkeling spots in the world.

Here you can see the beautiful underwater world, hundreds of species of underwater creatures and gorgeous corals, and you can easily encounter many large marine creatures that are rarely seen.

It's a pity that Li Yang and they are not the best diving season, if it is from August to October every year, it happens to be the season when humpback whales migrate to Bora Bora, and if you dive at that time, you will have the opportunity to see humpback whales - the beautiful whale that jumped out of the water in "Life of Pi", and it is also a beautiful whale that often appears in oil paintings and paintings.

It is famous for its leaping out of the water, as well as its extra-long forewings.

Li Yang's new home has an oil painting of a humpback whale, which is very beautiful.

But Li Yang didn't care too much, after all, if this place was acquired by himself, then there would be many opportunities to dive here in the future, and there would be many opportunities to swim and dance in the sea with the docile humpback whale.

Although they definitely won't see humpback whales this time, they can go "shark hunting" today.

Yesterday, when I heard Alan Sharp say that he was going to take them to feed the sharks today, Li Yang thought he was joking, and then asked Allen in the same joking: "Do you feed the sharks with food, or do you feed the sharks with us?"

Amused Alan Sharp at the time, and then explained that they could see a lot of lemon sharks and blacktip reef sharks where they went diving today.

There are at least 440 species of sharks that can be identified in the marine world, ranging from 18 centimeters to 18 meters.

Lemon sharks and blacktip reef sharks are smaller sharks, with a height of 8 to 10 feet, and they don't bite people, so feeding sharks in Tahiti is a popular sport.

After feeding the manta rays in the lagoon, Li Yang and the others sailed to the deep sea again, and came to a sea area that is especially suitable for deep diving.

But Alan Sharp is not good at deep diving, so he chose to stay and put on, and the safety officer led Li Yang and Mihir to dive deeply, and after changing into a professional diving suit on the boat, Li Yang and Mihir jumped into the sea with the safety officer and began to dive.

The beautiful underwater world is also presented in front of you, and the first thing that appears in front of you is those beautiful tropical fish, colorful, colorful, and under the sun, these underwater elves seem to be able to shine, extremely gorgeous.

If you dive further, you can clearly see the beautiful corals all over the seabed, different shapes, colorful corals are intertwined into a flowery scene at the bottom of the sea, like a huge underwater garden.

Li Yang is still the first time to experience diving, the mood is really excited, although I have seen a lot of underwater world on TV, but what I saw with my own eyes, immersive is a completely different shock.

This beautiful seabed is another world entirely, and in a trance, Li Yang feels as if he is deep on the planet Pandora, like a dream!

Swim along those corals to see more beautiful tropical fish and gorgeous underwater life, all within easy reach.

Li Yang took out a bag of food from his clothes and opened it, and the food spread along with the seawater, immediately attracting a large group of beautiful small fish, grabbing food around Li Yang, Li Yang also touched those cute little fish, and for a moment felt as if he had belonged to a part of this underwater world.

Following the safety officer along the coral reef written down, he continued to swim forward, swimming towards a deeper area, not swimming far, the safety officer turned around and gestured, Li Yang and they looked at it, it turned out to be a group of small sharks.

Li Yang had seen the introduction of the safety officer before entering the water, and recognized that those should be lemon sharks, they are easy to identify, because the color of their skin is a bit similar to lemons.

Although Li Yang knew that these lemon sharks did not bite, after all, these guys still retained the appearance and characteristics of sharks, and they still looked terrifying.

The security officer took Li Yang and Mihir to swim towards the sharks, and also took out the food packets, opened the food to attract those sharks.

Soon, this group of lemon sharks surrounded them, eating food around the safety officer, and the safety officer also reached out to stroke the lemon shark next to him.

They are the same as the previous group of manta rays, not only do they not hide, but they also shake their heads and tails like dogs, where is there still a little bit of fierce and vicious feeling?

Seeing this scene, Li Yang had nothing to be afraid of, he also took out the food and began to feed the sharks, and then stroked the sharks by the way, which felt much more exciting than petting cats!

Li Yang and they swam under the sea for a long time, admiring countless dazzling beautiful corals and fish schools along the way, and also passed through an undersea canyon, the bottomless canyon made Li Yang feel very shocked, but what he saw was only the tip of the iceberg in the vast ocean.

Not to mention how small human beings are in front of the universe, even in front of the sea, they are still small and not worth mentioning, and the beauty and magnificence of the seabed are completely unexperienced on land.

Floating from the bottom of the sea, Li Yang was still a little unsatisfied, he really fell in love with this place and this beautiful sea.

It is no wonder that the famous French painter Paul Gauguin chose to spend the rest of his life here, and if he reached his old age, he would definitely choose to spend the rest of his life here.

At noon, Li Yang and the others enjoyed a very authentic Polynesian lunch on a private island, with delicious grilled fish and meat, as well as salads and local vegetables.

The next day, Li Yang and Mihir flew with Alan Sharp to Toronto, Canada.

After a day of jet lag in Toronto, Li Yang and Michel officially visited Four Seasons Hotel Group, conducted the first negotiation of the acquisition, determined the acquisition method, and signed a preliminary letter of intent for the acquisition.

In the following days, Li Yang hired the most famous local accounting firm in Toronto and set up a special acquisition team to assist him and Michiel in carrying out all the investigations and evaluations before the formal acquisition.

Although Michiel can also serve as the financial advisor for this time, the acquisition is a lot of work, and it will be more efficient to have a team to complete it together.

The acquisition process is a relatively long process, especially Li Yang's choice of asset mergers and acquisitions, which also involves the need for due diligence on each asset in the Four Seasons Hotel, and then the transfer of ownership and approval of each asset, which also requires the intervention of relevant local departments, so the process of asset acquisition is relatively complicated.

However, asset mergers and acquisitions are also relatively safe, and can effectively identify the risks of creditor's rights and debts, which is a one-and-done acquisition method.

After spending a week in Toronto, Li Yang returned to China first, and temporarily handed over the acquisition to Michel to be in charge of the checks.

Li Yang has complete trust in Mihir's ability, and it is currently in the investigation and evaluation stage, so it is useless for him to be there.

After returning to the city, Li Yang missed the warmth of Tahiti a little, and the feeling of the city's wet and cold in winter was really ......

However, after a hot pot meal, Li Yang sighed again that his motherland is still good, and the meals in the high-end restaurants he eats in Toronto every day are not as good as a hot pot in the city, which is also one of the reasons why he returned from Toronto early, food and taste are always the most difficult bonds for human beings.

......

It took another half a month for Michel to return to the city's capital from Toronto, and although Li Yang was in the city's capital during this time, he had always maintained communication and contact with Michel, always keeping abreast of the progress and discussing the entire acquisition plan.

After careful investigation and comprehensive evaluation by the Mihir team, the current valuation of the Four Seasons Resort Bora Bora is only about 1 billion yuan, considering that the brand premium will not exceed 1.1 billion yuan, not as high as 1.2 billion as rumored, if it was two years ago, it might be worth 1.2 billion.

And according to Michiel's judgment, Four Seasons Group is currently very willing to sell Bora Bora Resort Hotel.

As we all know, the main shareholders of the Four Seasons Group are Microsoft and Saudi Prince.

At that time, these two wealthy financiers were optimistic about the prospects of the Four Seasons Group, and did not hesitate to spend a lot of money to acquire shares, so that the originally listed Four Seasons Group would be delisted and privatized.

However, the process of delisting and privatization is a question of "reasonable" takeovers from small and medium-sized shareholders.

And then on the basis of the unanimous approval of small and medium-sized shareholders, it can be carried out.

And this "reasonable" acquisition means that Microsoft and the Saudi prince take "real money", that is, all cash buybacks at a higher premium.

There are also fees for accountants and financial advisors, financing costs for transactions, and potential litigation costs.

Therefore, this delisting and privatization process also made the two financiers bear a cost far higher than the actual value.

Although the two major shareholders of Microsoft and Saudi Prince are rich owners, they cannot support the pace of Four Seasons Group's expansion in the Chinese market, coupled with the huge investment in the hotel industry in the early stage, and the slow return of funds.

You must know that the construction cost of a hotel is very expensive, the construction period is very long, but the return on investment is very slow.

And at this time, the disadvantages of privatization become apparent - tight cash flow.

The inability to absorb cash from the financial markets, the increasingly competitive hotel industry, and the privatization of some competitors taking the opportunity to poach the company's core personnel, acquire the company's strategic partners, and so on.

As a result, the situation of Four Seasons Group has deteriorated further, and if they want to get out of the predicament quickly, the biggest turning point is the layout in the Chinese market.

However, cash flow limited their pace of expansion, so they fell into an endless loop.

This is one of the reasons why they started selling some hotels and resorts, and they continue to repatriate a lot of money to the best of its ability, which is the current market in China, which has huge potential.

Although the Bora Bora resort has a good turnover now, it is not difficult to find that the turnover of the entire resort is declining year by year, although they have increased the marketing of the hotel in the Chinese market, and carried out service transformation for Chinese tourists to attract Chinese tourists, but the results have been very small, and the situation has not been well reversed.

This is also the reason why they have been in frequent contact with Huaxia consortiums such as Ali and Tencent in the first two or three years, and intend to sell the hotel, if it is delayed for another two years, the high valuation of the market may continue to fall, and they will further miss the best opportunity to use the funds withdrawn to invest in the Huaxia market.

After all, shopping malls are like battlefields, and any opportunity to take measures may lead to a full loss!

However, it may be that the bid between Ali and Tencent at that time may be much lower than the valuation at that time, so it did not meet their expectations, and the two sides failed to reach a deal after several rounds of negotiations.

According to Mihir's judgment, Ali and Tencent should also see the embarrassing situation of the Four Seasons Group, and the Bora Bora Resort Hotel is not a place for them to compete, even from the perspective of the company's strategy, there is no need to rush for a while.

So they can afford it, but they can't afford it in terms of the four seasons.

The passage of time is lost money and value for Four Seasons, who are waiting for Four Seasons to relent, and then buy Four Seasons Resort Bora Bora at the lowest price.

......