deltrittennovels Chapter 167 Joint Venture
Chapter 167 Joint Venture
Chapter 167 Joint Venture
Just like what William Chen told Ivanta at the reception the day before, the negotiations between Meta Investment Company and Trump Group will soon come to fruition.
Meta Investment Company will invest US$25 billion based on the current market value of US$10 billion in Troup Group, and will hold a 35% stake in Troup Group with a total post-investment value of US$28.6 billion.After the investment is completed, the Troup family's shareholding in the Troup Group will be reduced from 56% to 40%, and they will still be the controlling shareholder of the group.
After the completion of this investment, Meta Investment Company will also form a joint venture with Trump Group - Troup-Chen Business Management Company.The company will mainly operate in the Asian market, with 5% of the shares held by Meta Investment Company with an injection of US$70 million; Trump Group provides its high-end real estate and hotel brand licensing and corresponding human resources, plus US$1 million in capital, Holds 25% of the shares; Ivanta is responsible for the management of the company and holds 5% of the shares.
As the president of Trump-Chen Business Management Company, Ivanta will transfer real estate and hotel management talents from Trump Group to form the basic staff of the company, and then go to Huaguo to find suitable investment projects.At present, it is determined that starting from the hotel industry, we will first choose a first-tier city in Huaguo and invest in the first Trump Tower there.
This joint venture was originally beneficial to the Troupe Group. The Troupe Group originally planned to reduce the company's expenses through layoffs and survive the subprime mortgage crisis.Now it is just right for Ivanta to choose some personnel to enrich the joint venture company, which can be regarded as a disguised form for the Trump Group to reduce the burden.
Of course, what Ivanta transferred must be mainly her own old team, so as to ensure her control over the company.
When Ivanta chose Huaguo as her first stop, the location of Huaguo's first Trump Building, William Chen suggested that she go to Shanghai to try it out. After all, as a foreign-funded enterprise, it is a place that is more friendly to foreign capital. .
When I went to Huaguo with Chen William before, Ivanta also went to Shanghai for inspection accompanied by Deng Wendi, and I was very impressed there, so Chen William's suggestion was also in her arms.
After she was ready to complete the company's structure in China, she set off for Huaguo and began to look for a suitable address for Troup Building.
After completing the signing of these cooperations, Troup specially sent an invitation to William Chen. He will hold a reception at his home tonight. He knows that the cooperation between the two parties has been reached, so he invited William Chen to attend.
Uh, this is the first time William Chen went to her home after being with Ivanta. It's not that I'm nervous, but it feels a little weird. After all, her family was familiar to everyone in the previous life.
Not too many people were invited to the dinner, mainly Ivanta's family members, as well as some partners who are close to Trump.
William Chen was accompanied by Ivanta. After her introduction, William Chen also officially met her family, including Ivanta's brother Donald Jr. and her brother Eric who was three years younger than her.All three were born to Trump's first wife.
Also, it was Trump's wife at this time, his third wife Melanna.
Since Ivanta's younger sister Tiffany is in school at this time, and Melanna's son born to Trump is only three years old, neither of them attended the banquet.
At this time, he became a shareholder of the Troup Group, and everyone knew about his relationship with Ivanta, so they also regarded William Chen as one of their own. Troup also patted William Chen on the shoulder and said:
"I gave Ivanta the most love, but now her heart is going to you."
I'm afraid what he was referring to was, in addition to William Chen's love affair with Ivanta, he was also somewhat dissatisfied with Ivanta temporarily leaving the Trump Group and going to the Trump-Chen Business Management Company, a joint venture with William Chen.
After all, she has always been the vice president of the Trump Group. It can be said that apart from Trump himself, Ivanta has the greatest power in the group. Trump has always trained her as his successor. Now that she left the group all of a sudden, it was a headache to find someone to replace her.
However, William Chen understands that Ivanta's choice is inevitable, as long as he chooses to support Ivanta.After all, in the Trump Group, she still has to follow her father's advice on most things, just like Ivanta was optimistic about the development of Huaguo Real Estate before, but because Trump's previous cooperation with Hengda failed, so She was more concerned about the development of the group in the United States, so she rejected her proposal.
As for Ivanta, she has been very ambitious since she was a child. Now that she has the opportunity to run a company by herself, she will naturally not let it go.
As for Trump's other children, except for Ivanta, there are only two adult sons left who can help at this time, but Donald Jr. prefers politics to business.The second son, Eric, is not as good at business as Ivanta. He is currently managing the Troupe Winery, and he prefers to do charity.
It's no wonder that Trump has been handing over most of the group's work to Ivanta before.
William Chen invested in the Troup Group, which relieved the group's financial pressure, and now that Ivanta has the opportunity to run a company with a scale of several hundred million dollars, he is naturally in a very good mood.
She has been holding William Chen's arm intimately and said to him:
"I wish I had a chance for my mother to meet you."
The "mother" in her mouth naturally refers to Ivanta's biological mother, who is Trump's first wife.
Although Ivanka has a good relationship with Trump's current wife, Melanna, but the person closest to her is naturally her biological mother, so it is irrelevant for her to say so.
"I'm also looking forward to it, Ivanta, I will definitely visit her when I have the chance."
……
Ivanta's most important job at present is to first build the structure of the Trump-Chen business management company, and then go to Huaguo to continue the investigation.
And Chen Weilian took this opportunity to continue his work without starting.
Until the end of December, Camilo Hagen of Goldman Sachs completed the acquisition of the shares held by Netflix's institutional shareholders.
In the past two weeks, Netflix's stock can be said to be one of the most eye-catching stocks in the entire US stock market. The stock price has continued to rise from around $11 before. Today, Netflix's stock price has reached $25. The share price more than doubled.
In the current environment where all stock prices in the entire stock market are bleak, and most stocks have been cut in half and cut in half, the performance of Netflix's stock price has naturally attracted the attention of many people.
Of course, behind such a rise in Netflix’s stock price, in addition to the fact that William Chen’s funds have been accumulating in the secondary market, the perception that someone is absorbing a large number of Netflix stocks, and follow-up funds also played a significant role.
Although he raised Netflix's stock price to $25, William Chen bought most of the stocks below $15, and when everyone realized that the stock price had started to rise, many people felt that Therefore, from $15 to $25, although the stock price has risen even more, there are very few stocks that William Chen actually bought.
Therefore, at this time, he was finally able to sign acquisition agreements with these dozens of institutions, and bought a total of about 23 million Netflix shares at a price of US$1500. 500 million Netflix shares, as well as the 2 million Netflix shares that he previously invested in Netflix for US$541.5 million and purchased by the other party. At present, the total number of Netflix shares he holds is about 2545 million shares, accounting for 37.6% of Netflix’s total share capital. [-]%, has become Netflix's largest single shareholder.
This time, William Chen purchased the shares of Netflix at a purchase price of 23 US dollars a share from the institution, which is about 1500 million shares, and cost about 3.45 million US dollars.
The average price of Netflix shares purchased in the secondary market was around US$14.2, with a total of more than 500 million shares, and US$7100 million was spent.
In this way, the total amount of funds used was 4.16 million U.S. dollars, which increased his share of Netflix from the earliest 8% to 37.6%.
After William Chen completed these transactions, Netflix issued an announcement regarding the recent stock price changes:
The company's shareholder William Chen, because he is optimistic about the development of Netflix, believes that the previous stock price is divorced from the actual value of the company. Therefore, through the Meta investment company that holds the shares, he buys back in the secondary market and from institutional investors. Increased the total number of Netflix shares held by about 2000 million shares, and currently holds 2545 million Netflix shares, accounting for 37.6%, becoming the single largest shareholder of Netflix.
(End of this chapter)