Chapter 395: Give one when you give birth(1/3)
Abel values Alftley and Rana very much.
Alvertley, a German-American, about forty or fifty years old. She looks very gentle.
Rana, an Indian-American, about 40 years old. She has a smart and capable face, but she is very good at doing things.
These two business elites who have been working on Dune Road have been nominally engaged in the venture capital industry, but in their resume, there is no such example of a company that is worth investing in, and then successfully investing in shares and eventually leaving the market with profit.
From the perspective of venture capital.
These two seem to be very failed.
Even one of them once worked at KPCB to a senior executive, and one of them once invested in Manulisin and even became the general manager.
In this industry.
In terms of qualifications, it is impeccable. In terms of resume, there is nothing to say about personal operational achievements in the venture capital industry.
Two such people.
If Abel really only opened a venture capital company and did not manage the business himself, then it would be absolutely wrong to use two such people.
The most important thing about an investment company is vision.
Investing vision.
But Abel's company is not a serious venture capital company. Although the name contains the word investment, the office and company are also built on the Sand Dune Road, the Venture Capital Holy Land.
But until now.
If Blue Star doesn't count, its investment in venture capital is even less than 100 million US dollars. It is not as much as Abel's money to buy a private yacht.
And the two of them look like this.
Abel also valued them in this way. In addition to being his first two most important subordinates, some emotional and emotional factors.
The most important reason left.
Although these two people have little investment vision and have no achievements in the venture capital industry, their ability to do business and acquire stocks is definitely a first-class existence.
Previously, there was a quick acquisition of Viacom and CBS, and now it has acquired shares of LBrands, the parent company of Victoria's Secret.
The speed is also very fast.
It took more than a day to go.
After Abel replaced Gal Gadot with a fresh "Liquid of Life".
Alvertley's phone call came over.
"Is there anything wrong? Al."
Abel, who was smoking afterwards, leaned lazily on the sofa and asked softly.
"BOSS! About the acquisition of Victoria's parent company, the well-known brand clothing group LBrands. We have reached about 11% of the holding!"
"11%? Well, very good!"
It's really good. In just over 20 hours, you can acquire 11% of the shares of a large group company. This ability is not something that anyone has.
And this acquisition is still carried out in secret.
It needs to be carried out separately, and it needs to be broken down into hundreds of investment companies of different names to diversify the acquisition. The operation here is very complicated. If it were Abbott, he would definitely not understand it.
This is very troublesome.
However, if you do not acquire this way, as long as the stock holds more than 5%, you need to announce it to the government and the public. This is very painful and can easily cause malicious acquisitions to fail.
Hearing Abel's praise.
Alvertley smiled modestly, "This has something to do with the overall stock market sluggish now! However, boss. Because of Powell's speech at the New York Private Economic Club yesterday, the US stock market rose sharply. Our spending has increased a lot, at least about $50 million more than usual."
Only $50 million.
For just a few hours, I made $5.6 billion.
Add to the more than $6.3 billion last night.
In less than a day, Abel, who was about to reach 12 billion US dollars.
It was simply a hair on the body of Jiutou. He said indifferently, "It doesn't matter if we spend more money! We have to do it. Those people only hear that we want to buy stocks and know that they can sell them at a good price, so that I can happily sell them to us! In this way, we will buy other companies in the future, and it will be easier!"
Alvertley was speechless.
Other bosses and companies, even if they really want a company and engage in malicious acquisitions, they will use various small means, all kinds of light, dark, and dark to try to suppress the stock price of the target company so that their acquisitions can cost less.
But his boss doesn't mind spending more money at all. All he wants is the speed of acquisition and the share.
It's simply contrary to ordinary people.
But in this way, Alvertley and Rana will be much easier, and the words their boss said seem to be nothing wrong.
After experiencing the premium acquisition of Viacom and CBS, there was also a 20% stake in the American Entertainment Company, but it gave US$2.2 billion.
Oasis Investment wants to acquire other people's shares, but the guys who are acquired seem to be very happy.
They all regard Oasis investment as being stupid and having too much money, and asking for it is exaggerated. This requires Alvertley and Rana to present facts and reason and convince each other.
If it weren't for this.
If you change someone, you have such financial support. If you are willing to spend money, except for some industries that are unwilling to sell and sensitive, which company cannot acquire the stocks of the company?
“Okay.BOSS.”
The boss told him not to save money and to try his best to win LBrands stocks. Of course, Alvertley must also make a statement.
He said: "So far, we have spent $915 million on this 11% stake! At the current speed, if it goes well, we can reach more than 50% of the holdings of LBrands within a week!"
"Compared with the current calculation, it will cost about 4.8 billion US dollars!"
The market value of LBrands is about US$8.5 billion to US$9 billion. Recently, due to Powell's speech, the US stock market has risen as a whole, and LBrands has also risen a little.
The stock value reached US$9 billion.
Under normal circumstances, 51% of the shares only costs about US$4.6 billion. However, considering the premium acquisition, the acquisition price of US$4.8 billion is also within a reasonable range.
A little premium.
More expensive.
But it is still within acceptable limits.
After thinking about it, Abel nodded, "Then keep going! If possible, I want more than 51% of the shares! More than 66% of the absolute holdings, or even privatization!"
If you have nominally own 51% of the shares, you will achieve absolute control. However, if you really want absolute control, you must have at least 66% of the voting rights. With such voting rights, if you want to be privatized directly, you can directly initiate and apply for delisting. This means spending money to buy all the stocks in the market and turn the company into a private company.
"Okay. Please wait for our good news, boss!"
"Well! I'm waiting for you, Al. I hope that in a week, I will be able to take Victoria's Secret into my pocket!"
"No problem! BOSS!"
"Hmm! Go and do business."
“…”
The call ended.
Abel turned his head, but saw Gal Gadot on the bed, with a pair of bright and bright eyes looking at him.
"You want to send a Victoria's Secret?" She obviously heard the conversation between Abel and Alvertley just now.
"Um."
"To be precise, it is the acquisition of LBrands Group. Although Victoria's Secret is the most famous, there are several other brands."
"I know!"
Gal Gadot sat up from the bed, but felt a coolness below.
Well... Something in my stomach flowed out because of my sitting posture.
She doesn't care anymore.
So many.
It's normal to flow out.
She has become numb in this regard.
However, when it comes to fashion brands, Gal Gadot is very excited, even though he is sore all over, it seems that he has just been removed.
"There are many brands under them! But the most famous one is Victoria's Secret. When I first came to America, I wanted to be a model of Victoria's Secret!"
"But they didn't accept me!"
Gal Gadot said.
Is that still true? But at the beginning, Gal Gadot seemed to be a model.
In addition to the European vote, most of the models still want to become Victoria's Secret supermodels.
In terms of normal catwalk income, top supermodels may be similar. However, in terms of endorsement, exposure and popularity, Victoria's Secret models, especially those selected supermodels, are definitely a hit in the entire modeling industry.
It is understandable that Gal Gadot wanted to become a Victoria's Secret model at the beginning.
To be continued...