Chapter 307 Tesla
Bonnie has been quite busy recently. In addition to Giant Studio's popular variety show "Strictly Come Dancing" approaching the final competition and needing more attention, her friends are also in trouble.
Well, I’m talking about Victoria Beckham...
She has also been surrounded by the media recently and is in a very bad mood.
The reason is that Beckham, who signed a contract with Real Madrid, was exposed by the "News of the World". In Spain, Beckham was photographed having an improper relationship with his female assistant. This relationship may have already It lasted for several months...
As soon as this news came out, it caused a sensation all over the world...
It is conceivable that the news about her husband's affair was in the gossip tabloids, and because of this, he was interviewed by the paparazzi...
Beckiss mood has also hit rock bottom. As a good friend, Bonnie has often taken time to spend time with her recently.
Sometimes, Barron doesn’t quite understand the friendship between women. It seems that two people who have not had much interaction before will soon have a good relationship...
“Hey, Poor Victoria, she is in a very bad mood right now. Beckham will be back from Spain in the next few days. I hope they can solve this problem by then..."
Regarding Bonnie's complaint...
Barron wisely did not answer the question. After all, this could easily lead to anger.
He was looking through the emails on his laptop, thinking...
In February of this year, Musk invested US$6.3 million in Tesla, but on the condition that he became the chairman of the company , has the final decision-making power on all matters. From that time on, he took control of the electric vehicle research and development company.
In many subsequent documents, Musk was called the founder of Tesla. In fact, this statement is not accurate - the company was founded by two people in July last year. Engineer, Martin Eberhard and his partner Mark Tarpenning founded it, and Musk only joined as an investor in February this year...
But to a certain extent, it can barely count. After all, the name Tesla was only determined this year - it was bought by a co-founder for $75,000.
The name "Tesla" comes from the famous scientist and electrical engineer Nikola Tesla. At that time, their alternative name was Faraday. Michael Faraday, discoverer of electromagnetic induction.
And Musk also played a very important role in the development of Tesla electric vehicles.
Musk initially served as the chairman of Tesla. After later kicking out the two founders, he became the company's CEO and product architect in 2008.
In fact, earlier, Barron had not thought about investing in Tesla electric vehicles before Musk, thereby intercepting him and taking control of the most famous electric vehicle manufacturer in the future.
This is indeed a very big temptation for Barron. After all, the American boss Ma later relied on this company to become the world's richest man.
But the reality is that in his last life, Barron was always engaged in the financial industry, and he still has no experience or talent in car manufacturing.
Objectively speaking, Musk did play a very key role in the entire development process of Tesla.
If Barron really replaces Musk as the leader of Tesla, then it is unclear whether the company will be as successful as the original time and space in the future.
However, judging from the future development trend, electric vehicles are indeed the general trend.
China is also relying on electric vehicles to overtake in corners and catch up from behind in automobile exports.
Therefore, Barron will still invest in the electric vehicle industry including Tesla in the future. After all, even Tesla is not without opportunities. When the research and development of model 3 encountered great setbacks later, Musk has also considered selling Tesla to Apple. ...
As the funds from the Global Industrial Investment Fund account gradually arrived, Finn Hudson, the CEO of this investment fund, also followed Barron’s instructions to form them acquisition team.
Currently, Barron has two acquisition targets for Finn Hudson, namely Uniqlo and Four Seasons Hotel Group.
It can be said that both companies are related to Barron's current industry. Uniqlo corresponds to the Primark clothing chain; while Four Seasons Hotel corresponds to the Cavendish Hotel Group.
Speaking of the Primark clothing chain, last month, Argos Retail Group acquired 120 stores of the British high street retailer Littlewoods for 350 million pounds. According to the distribution of its stores, it will not be related to Primark. 80 stores with overlapping clothing chains were merged into the Primark system, and the remaining 40 stores were converted into Argos department stores.
In this way, the current number of Primark stores has expanded from the 110 stores when Barron's initially acquired it to nearly 300 stores, and it has begun to enter the French market.
The reason why these two acquisition targets were first set for GII Fund is not only because they can supplement Barron’s current industry, but also because the future development of these two companies also has great potential. Even if it is an investment, you can still get good returns.
And there is currently the possibility of selling these two companies...
Let’s talk about UNIQLO first. Many people have heard of this brand. It belongs to the Japanese Fast Retailing Group and was founded in 1984. It will be a well-known fast fashion clothing brand in the future.
Uniqlo was listed in Japan in 1997. Now Uniqlo has just recovered from the previous crisis - two years ago, Uniqlo's stock price fell to 60% due to the impact of the Internet bubble crisis.
Even so, at this time, their main stores were still concentrated in Japan, and the number of overseas stores was less than 50.
Compared with the fact that they later had more than 2,000 stores all over the world, and more than 1,000 in China alone, there is naturally a huge gap.
The current market value of Uniqlo is about 300 billion yen, equivalent to about 2.7 billion US dollars.
As a core asset, the market value of its parent company surpassed Zara's parent company and became the world's largest clothing group. Their founder became the richest man in Asia.
At present, the biggest difficulty in acquiring Uniqlo is whether Fast Retailing Group is willing to let it go.
The other Four Seasons Hotel is also a well-known hotel group.
It is an international luxury hotel management group headquartered in Toronto, Canada. It was founded in 1961 by Isadore Sharp.
Four Seasons Hotel was listed on the New York Stock Exchange in 1997, and its current market value is around US$2 billion.
What Barron knows is that in his previous life in 2007, Saudi Prince Al-Waleed’s Kingdom Holding Company and Bill Gates’ family fund Cascade Investments spent $3.8 billion to jointly acquire the Four Seasons Hotel Group.
This acquisition price reached 47 times the profit of Four Seasons Hotel Group!
After that transaction, the Four Seasons Hotel Group was privatized and delisted. Prince Walid and Bill Gates each held 47.5% of the shares, and Isadore Sharp, the founder of Four Seasons Hotels, held 5% of the shares. .
Judging from that time, they bought at the top of the mountain. After all, the subprime mortgage crisis was coming soon...
But they kept the shares in their hands until 2021. In 2016, Bill Gates' Waterfall Investments purchased Waleed's 23.75% stake in the Four Seasons Hotel for $2.21 billion.
Not only did Bill Gates become the largest shareholder of the Four Seasons Hotel, but he also pushed its market value to US$10 billion...
(End of Chapter)