Chapter 876: The Blackstone Group withdraws
London, Hilton, Conference Room.
People from the Blackstone Group and the Huayao Group sat on both sides.
Blackstone Group paid attention to it, and Steve Wattsman, who is known as the king of Wall Street, was present in person.
Schwartzman warmly hugged Shen Lang and greeted him: "Shen, I have to say that you have made a good deal, and the Versace Group can come back to life in your hands, which is something that we Blackstone Group have not done." ”
"It's over, Mr. Schwartzman, what do you think of the offer I made?"
Schwartzman smiled: "Very sincere offer, but I think the price is still lower." ”
Shen Lang offered to buy a 21% stake in Blackstone for $5 billion, but Blackstone thought the offer was a bit low.
"Shen, I think $5.3 billion is the most reasonable offer. ”
Schwartzman said with a smile on his face.
Shen Lang never thought that this kind of old guy was easy to deal with.
In less than four years, Blackstone Group has liquidated its shares in Hilton Group for eleven consecutive times, and Blackstone Group has long wanted to withdraw, but there is no suitable successor.
The previous HNA was a good candidate, but unfortunately the capital chain was broken in the later stage, let alone taking the money to acquire the shares of the Blackstone Group.
Hilton management originally planned to buy back the shares held by Blackstone, but unfortunately it could not raise enough funds, and the offer was not high.
Professional things are left to professional people.
Li Xiang immediately began to fight with the people of the Blackstone Group, one wanted to buy and the other wanted to sell, it was nothing more than a matter of price.
The units of negotiation are all calculated at 100 million US dollars, and the two sides will not give up an inch of land.
The first negotiation was unsuccessful, but no one cared.
Schwartzman and Shen Lang had lunch together, but the eighty-year-old man was extraordinarily energetic.
Schwartzman smiled and said, "Shen, I have paid attention to several of your companies, do you have any plans to go public?"
"Of course there is, but it's still early. ”
"If it goes public at that time, I will definitely subscribe for some shares to support you. ”
Shen Lang smiled and thanked him, and Schwartzman talked about his investment in Hilton Group as if he was chatting with an old friend.
However, Shen Lang was unmoved, businessmen pursued profits, and Schwarzman was an old fox.
As long as he can make money, Schwartzman doesn't care how Hilton develops.
Li Xiang on the other side also had lunch and started negotiations again.
It was only in the evening that both sides got an acceptable price.
Huayao Group will invest $5.2 billion to acquire a 21% stake in Blackstone.
After the deal, Huayao Group will own 46% of Hilton Group.
The absolute largest shareholder!
Schwartzman shook hands with Shen Lang and said, "Shen, congratulations on becoming the largest shareholder of Hilton Group, I think the day of your holding is not far away." ”
Shen Lang didn't react much, the deal was over, and Schwartzman returned to the United States, this time just to meet Shen Lang.
There are many companies in Shen Lang's hands, even the Blackstone Group is particularly greedy, if there is an opportunity to invest, they will definitely not miss it.
Li Xiangru was relieved and said, "Shen Dong, fortunately, I will notify Naseta immediately?"
"Well, I need you to further grasp the Hilton Group and properly take back the power in the hands of Naseta. ”
In the past, the shares of the Blackstone Group were dispersed, and Naseta was sent by the Blackstone Group, which led to a lot of power in Naseta's hands.
Now that the Blackstone Group has retreated, the hardest hit is Naseta.
With a new boss, the power in his hands has become a time bomb.
Li Xiang smiled and nodded: "I understand, I will take control of the board of directors of the Hilton Group, you can rest assured." ”
Shen Lang and Blackstone Group also negotiated installment payments, with the first payment of $2 billion, and the remaining $3.2 billion to be repaid in two years.
Blackstone Group fully agrees with Shen Lang's acquisition plan, and compared to Shen Lang's offer, Naseta's buyback plan is not worth mentioning.
……
Hilton Group World Headquarters, USA.
Naseta hung up with a frosty face.
Several executives who were in a meeting just now were a little puzzled, and they didn't know why Naseta's face changed suddenly when he answered the phone.
"Just now Li called me, Blackstone Group sold its shares to Huayao Group, and now Huayao Group's shares have increased to 46%!"
Naseta said to a few henchmen with an ugly face.
"What?"
"Damn, those bastards of the Blackstone Group, didn't they promise to give us time?"
"It's over, there is no hope of a comeback this time!"
……
The noise in the conference room continued, and Naseta slapped the table angrily: "Enough, this is a meaningless quarrel, tell me, how to face that rich man in China?"
Several henchmen looked at each other, and Naseta, who had been in charge of the Hilton Group for eleven years, was furious, and everyone was afraid of three points.
Originally, Naseta didn't care much about Li Xiang, after all, the rich man behind Li Xiang only owned 25% of the shares, and he couldn't threaten Naseta's status at all.
But now it's completely different, the rich man behind Li Xiang already owns 46% of Hilton's shares, a figure that makes Naseta feel suffocating pressure.
Including the management, who was originally loyal to Naseta, many people have other ideas.
If the big boss is easy to talk to, once the big boss and Naseta have a dispute, whose side should they take is the most important question for them to think about now.
Li Xiang appeared much faster than Naseta thought.
……
Washington.
Hilton's global headquarters ushered in the last person Naseta wanted to see.
Naseta smiled and hugged Li Xiang warmly, "Welcome, Li, did you bring instructions from the boss this time?"
"There's no hurry, let's talk slowly. ”
Li Xiang also knows the power of Naseta's old fritters, and the Hilton Group is almost controlled by Naseta to the extreme.
However, the sale of shares by Blackstone may be a turning point.
Naseta lost the help of the Blackstone Group, which was fatal, and the position of director vacated by the Blackstone Group was directly taken by Li Xiang.
Blackstone Group did not hide it, and Hilton Group jointly issued an announcement indicating that the group's equity changed hands again.
The key factor in Hilton's low share price is that Blackstone has been liquidating its stakes.
However, with the arrival of a new owner, Hilton's share price has also stabilized.
Naseta also felt tricky for the first time, and this Li Xiang was not a good stubble.
Almost on the night that Li Xiang came, several high-level officials came over to show their loyalty to Li Xiang.
The original situation in Naseta fluctuated instantly, and another round of power war for the Hilton group began.
What Shen Lang needs is an obedient CEO, not a CEO with his own ideas.
It is true that Hilton's decline to its peak is inseparable from Naseta's efforts.
But capital will always be like this, and Hilton no longer needs a CEO with foresight.
An obedient CEO is more beneficial to Shen Lang.