"Are you Jason's friend? That's my friend. If you told me earlier, maybe we could have dinner together in Hawaii. I believe we will have a lot in common to talk about."

Ito didn't dare to answer this, for fear of revealing his secret~

He brought the topic back to the Hilton Group, "Parris, the news that Blackstone Group wants to sell off Hilton Group's shares is no longer a secret. Basically everyone who has the ability to take over the deal knows it. There is no need to hide it now. I just

I would like to hear an accurate statement as to whether the Hilton family has any plans to repurchase itself. If so, I will return home immediately. Otherwise, please give Ito Co., Ltd. a chance to compete fairly!"

Using Yang Cheng's name to dispel Paris Hilton's concerns and at the same time express his attitude straightforwardly, this was what Ito Koji had planned before he came.

Paris Hilton no longer looks dissatisfied with desire, but is full of capability, even though she is wearing an extremely seductive nightgown.

"Mr. Ito, I must thank you for your concern for the Hilton family. This is our greatest honor, but whether the family repurchases shares is beyond my control. I am not the manager of the Hilton Group, nor is it the family.

The person at the helm of the company, so I think you may have asked the wrong person, and it would be more appropriate to directly ask the people at Blackstone Group.”

At this time, Mitsui muttered impatiently from the side, "If we can contact Blackstone Group, why are we still looking for you?"

Fortunately, he said this in his native language. Although Paris Hilton knew a few words in Japanese, she definitely couldn't understand Mitsui's meaning, but this did not prevent her from expressing her dissatisfaction, "Please speak English, this is how a gentleman behaves."

"

Ito glared at Mitsui and then apologized, "Paris, don't get me wrong. Mitsui is just depressed about not being able to get a satisfactory answer from you. There is no disrespect intended."

Paris is too lazy to investigate. So far, she has not revealed her true feelings. At that time, as a representative of the Hilton family, she approached Yang Cheng and hoped that Yang Cheng would take over 25% of the shares in the Blackstone Group. The purpose was of course not so innocent. In fact, Hilton

The family has been making efforts to repurchase the group's shares, and Yang Cheng is their chosen middleman.

The original plan was to encourage Blackstone Group to sell 25% of its shares to Yang Cheng, helping Yang Cheng win the position of Hilton Group's major shareholder. The Hilton family would take advantage of the situation to take back control of the board of directors from Blackstone Group. After that, Hilton Group would pass restrictions on terms.

Repurchasing the 25% stake from Yang Cheng not only gives the Hilton family time to raise funds, but also does not delay them from regaining control of the Hilton Group. This plan kills two birds with one stone.

It's just that the Hilton family miscalculated one thing. Yang Cheng is not that easy to deal with. He is not an idiot who doesn't know what to do when his head is hot when he sees money. He is very smart and cautious in his thinking. The Hilton family set up a trap for him.

He may not have noticed it, but it didn't prevent him from avoiding the trap.

But it doesn't matter, if Yang Cheng is not fooled, there will naturally be fools who are willing to fall for it. This is just like those cuckolds who only care about the beauty of a woman and don't care about her past love history.

This takeover man is very likely to eventually end up in the Zhang Group of country Z. The two parties have been in secret contact for several months, and the general cooperation framework has almost been negotiated.

Lang has a crush on his concubine. If nothing goes wrong, the century-old hotel empire will soon change hands again.

Since Hilton founded its first hotel in 1919, after a long period of development, the Hilton family has controlled and owned the world's largest hotel group. At that time, no one expected that this peaceful period would be broken by the Blackstone Group.

.

In 2007, Blackstone Group announced that it would privatize Hilton Hotel Group for US$26 billion, with a purchase price of US$47.5 per share. When the news came out that year, it shocked everyone's attention, and the family business that had lasted for nearly a century had just fallen by the wayside.

?

However, just when everyone thought that the Hilton Group would reach a higher level with the intervention of Blackstone, the global financial crisis followed, causing the global hotel business to enter a low period. At that time, financial institutions expected that Hilton Hotels

A full $6 billion in market value was wiped out out of thin air.

However, after privatization, with the management and financial help of Blackstone, Hilton's operating and financial conditions continued to improve.

By the end of 2013, the completed Hilton Group was relisted in the United States, becoming the largest IPO in the global hotel industry at that time. After the successful listing, Blackstone Group, already the largest shareholder of Hilton, also became the biggest winner.

But the matter is not over yet. Blackstone Group is a representative of the speculative circle. They are not prepared to operate Hilton Group as a century-old enterprise. Making money is the king. After Hilton went public, Blackstone, which integrated and handled the hotel business, embarked on a new journey.

In order to find a way to make profits, Blackstone began to continuously reduce its shareholdings to cash out. Blackstone, who was in urgent need of a successor, coincided with the Hilton family, who wanted to restore the glory of their ancestors, and began to look for a suitable successor.

The first ones they targeted were naturally the speculators. They had the ability to leverage large sums of money to acquire shares of the Blackstone Group. They also had little interest in running hotels. In order to choose the most suitable and controllable successors, they

, Blackstone and the Hilton family conducted extensive investigations and screening of potential targets, and finally determined the Yang Cheng family’s Yuanshan Capital as the preferred target.

Yuanshan Capital is backed by Chinese World and has abundant funds. There have been several cases of investing in hotel real estate in the past. The most important thing is that the Chinese are easy targets in their eyes. As long as the Hilton family is willing, they can take advantage of Yuanshan Capital at any time.

Recover equity.

It’s just that accidents often happen. On the eve of looking for Yuanshan Capital, Blackstone Group received a call from Mrs. Zipperton. Faced with this strong competitor for the future president and one of Blackstone Group’s zz backers, Blackstone Group naturally would not

Reject the other party's request.

Therefore, the Blackstone Group temporarily changed its target and directly approached Yang Cheng. While being able to teach him a lesson, it was also possible to purchase a share of New Era Media. This was definitely a surprise for the Blackstone Group.

However, none of them expected Yang Cheng's toughness, so in the end the matter had to be left alone.

Of course, Blackstone and the Hilton family were inevitably unhappy. The Hilton family felt that Blackstone was holding them back. In turn, Blackstone felt that it had not fully cooperated with the Hilton family. During that time, the relationship between the two parties dropped to a freezing point.

Fortunately, both sides were capitalists, and with profit at the forefront, the cold war did not last long. After calming down, they once again embarked on the road to find a successor.

At this time, the Shanghai Group, which has a strong position in the country Z market, received the news from nowhere and actually came to ask for the acquisition of Hilton Group shares.

The overjoyed Blackstone and Hilton families conducted a comprehensive investigation into Haihang. Although compared with Yuanshan Capital, Haihang's rise was too short and its foundation was slightly insufficient. In the eyes of Westerners who attach great importance to integrity, Haihang is not a person.

Excellent acquisition target.

But the other party was too rich. Faced with the crazy offer of US$7 billion, he hardly frowned. After only a few contacts, the two parties reached a tacit understanding at the price of US$6.5 billion.

After that, the three parties conducted more detailed negotiations. Shanghai Group, Blackstone Group and Hilton Hotels have also signed a memorandum agreement. The agreement stipulates that Shanghai Group will acquire approximately 25% of Hilton’s equity from Blackstone’s affiliates. After the equity transaction,

Blackstone's shareholding ratio will drop from 45.75% to approximately 21%. Shanghai will replace Blackstone Group as the largest shareholder of Hilton Group and will receive 2 board seats.

As part of the transaction, the three parties also agreed on some restrictive clauses. Of course, this was mainly for the receivers. For some unknown reason, Haihang Group happily agreed to most of the restrictive clauses, including the prohibition of prohibition within two years.

Sell ​​any Hilton shares it holds; without permission, the proportion of Hilton's outstanding shares it holds cannot exceed 25%, etc. If it were Yuanshan Capital, it would be impossible to turn against them, and the bully would also score points!

Of course, in order for Shanghai to agree to these harsh terms, the Hilton family promised to proactively repurchase up to 16.5 million shares at market price within a certain period of time, accounting for about 5% of the total shares. Although it seems that Hilton has suffered a loss.

There was a loss, but this was all planned in advance. If the Hilton family had not run out of free funds and needed to borrow money from banks or sell bonds, this ratio would have risen directly to 25%.

Did Haihang lose money? Of course not. No one in this world is a fool. Haihang passed through the sinkhole jointly built by Hilton and Blackstone so easily. How could Haihang really not see it?

The answer is naturally no. Hilton and Blackstone are foreigners after all and do not know the inside story. Haihang not only successfully transferred assets overseas through large-scale capital acquisitions, but also successfully cashed out the funds in the future. This fund will become free funds within Haihang.

No more supervision, you can spend whatever you want.

So, in the final analysis, all three parties have achieved their goals in this transaction, and all of them are big winners.

However, things have changed again now. Before the final agreement has been signed, another desperate taker comes to the door. This makes Paris sigh with emotion at the charm of his hotel, but also hesitant to overthrow the previously negotiated agreement.

conditions, and introduce another competitor to create greater benefits for the Hilton family!

Everyone could see from the expression that Paris was actually torn to death in his heart.

From the perspective of profit, it is completely reasonable and consistent with the reality to introduce fourth-party competitors to put pressure on the maritime sector in order to obtain more favorable conditions.

But Paris didn't know much about the Ito family. Even though she didn't doubt the other party's financial strength, she still had reservations about the purpose of the Ito purchase, because judging from past cases, the RB people seemed to have a different approach to running a business for a long time.

Persistence.

If you look at Sony Columbia in Hollywood, you will know that in the hands of RB people, this one of the Hollywood giants has successfully branded RB. Even the public has become accustomed to it, and no one thinks it is abnormal. This is what makes Paris hesitate the most.
Chapter completed!