377 Cooperation in progress2

For the real merger of the Paris Spring department store, in fact, Li Feng is still very eager to come, first, Paris Spring is famous enough, and second, such a department store is cheap.

Yes, department stores like Printemp are not expensive, and many of the Printemps department stores, except for the flagship store in Paris, are actually mostly rented and operated, and those properties are not Printemps department stores.

Therefore, when it comes to the real acquisition or merger, the famous department store group does not need to spend much money, just like the famous Harrods, as long as the flagship is acquired, the rest are basically acquired together.

In the future, Paris Spring was not sold by Yunkai Group in the end, it seems that it sold 51% of the controlling stake, and it only cost about 1 billion euros, with such a big reputation, but it is only worth so much money, from this point of view, it is not its own property is so cheap.

Similarly, Li Feng thought in his heart that when Paris Spring department stores around the world were established, through continuous expansion and capital injection, his shares could also continue to expand, which was Li Feng's psychology.

Now that it's all said, the next question is a very simple multiple-choice question, whether to agree to merge or refuse to merge, naturally, Li Feng can directly decide such a major matter, after all, Li Feng alone can have the final say.

However, the Pinault-Spring Group is not a monopoly of the Pinault family, and even if they control the company, they need to at least discuss and vote with many major shareholders, but the Pinault family, which owns 40% of the shares, is the absolute majority shareholder and can basically decide various decisions of the company.

As he was talking, Wang Siqing walked in again, attracting the attention of the three of them.

……

"John, the matter is basically settled over there, and you need to go and sign it finally. After Li Feng signaled to say directly, Wang Siqing smiled at Li Feng and the others.

"Oh... I don't know if I can have this honor, let me know what the negotiation is, it seems that I want to congratulate you again John, the harvest of this trip to France is obviously very good. Listening to Wang Siqing's words, François Pinault joked to Li Feng with a smile.

"Haha... Thank you, but I think it would be even better if Mr. Pinault could be sure to work with me!"

"Since you're going to sign, I won't bother, that's all for today, how about it?"

"Of course, but how about I invite Mr. Pinault to come and testify?"

"That's my pleasure, please...!"

"Please...!"

“…”

Several people laughed and got up and walked out of the room, walking towards the small office conference room equipped with the hotel not far away.

"Mr. Li, you're here!"

"John, congratulations!"

"Mr. John, happy cooperation!"

“…”

When Li Feng and his party walked into the conference room, everyone inside greeted each other.

"Hi... , François, long time no see!"

"Michelle and Robert, it's been a long time, I didn't expect to see you here. ”

“…”

Due to the appearance of the new faces of Pinault and his son, and the introduction of each other, everyone also knew where Pinault and his son were sacred, and naturally, in addition to the acquaintance, everyone guessed what it meant.

……

There was no way, Li Feng introduced it to people before, saying that he was the controller of Paris Spring Department Store Group and Château Latour, which made everyone present moved. Similarly, it is precisely because of the relationship between the owners of Château Latour that François Pinault is familiar with Michel Rolland and Robert Parker, two bigwigs in the wine industry.

Watching Li Feng sign with Henry Jiaye's two major disciples, it represents Li Feng's confidence and ambition in the luxury industry, and Li Feng's path is very similar to that of the previous LVMH group, which is not the merger of LV and Moët Hennessy.

In addition, when Li Feng introduced his father and son before, he was talking about the owners of Paris Spring Department Store and Château Latour, obviously, Li Feng is not only looking for Paris Spring, but also his own Latour is also on the acquisition list of others.

The two wineries together have a total of 100 million US dollars, accounting for 2% of the shares of the entire luxury group, while in the wine group, Henri Jayle occupies 1%, and the two disciples each occupy 0.5% of the dividend options.

Just after watching the signing ceremony between Li Feng and Henry Jayer's disciples, then Pino and his son saw Li Feng, Robert Parker and Michelle Rolland signing again, which made Pino and his son even more shocked.

Yes, Li Feng has also reached an agreement with Robert Parker and Michelle Rowland, the first is that the group will acquire 60% of Robert Parker's top wine magazine, Wine Advocate, which is a top wine magazine with 40,000-50,000 subscriptions.

The second was the acquisition of a 60% stake in the Michel Rolland family's wine estate in Bordeaux, which was still run by Roland and his wife.

The two did not join the company, after all, one of them is involved in winemaking in many wineries around the world, they are winemaking consultants, and the other is a professional wine appraiser, and they need to be impartial. However, the two also became consultants to the wine company and enjoyed the 0.5% dividend of the wine group, after all, a top winemaker like Michel Rolland cannot be wasted.

……

For such treatment, both Robert and Michelle are very satisfied.

For Robert, the magazine he founded has actually reached a bottleneck, the magazine has been recognized in the wine industry, but it is only within the wine industry, and it is impossible to develop again, after all, it is limited by all parties.

However, it is different if Li Feng accepts it, Li Feng has a media group and a special publishing company, and after proper publicity, he may be able to break the bottleneck.

Similarly, for Michel Rolland, the family's winery is not the kind of top winery in Bordeaux, although Michel Rolland's own sake, the business is not bad, but the winery is too small, the production is too low, the annual output is only about 1000 cases, it is really not very profitable.

Otherwise, why would so many wineries in Bordeaux, Burgundy and other places be acquired in later generations? Except for those top wineries, most ordinary wineries don't really make much money, and if they do, they won't think about selling.

Later, Xiaoyanzi spent millions of euros to buy a winery in Bordeaux, which is actually a very ordinary winery in Bordeaux, and the red wines produced are actually very cheap if they are sold directly to those wine dealers.

It is said that the winery of Little Swallow was acquired for only 4 million euros, but even if it is an investment of 4 million euros, it will take more than 10 years for the winery to operate to recover the investment.

Xiaoyanzi's red wine in the previous life was actually quite expensive in China, why, in fact, it is not that people are celebrities, but what attracts the fan economy.

Of course, whether it is a wine magazine or a winery, the price is not too exaggerated, Li Feng spent 20 million US dollars in order to win over the two wine industry leaders, and he agreed with a smile.

……

Watching Li Feng sign contracts with Henry Jayle and his disciples, Michelle Rolland, Robert Parker and other wine bigwigs, the shock to Pinault and his son was still quite deep.