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Text Chapter 2408 Terra Firma Capital

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    Changyu Group, a joint investment by Xiao Qi and Yangtze River Industries, is still registered in the Virgin Islands.  ¡ó¡ý£¬

    Li Chaoren has been very good at transferring capital in recent years.

    It¡¯s not as what the outside world said. He saw the financial crisis in Hong Kong and wanted to escape from this place.

    It¡¯s just a reallocation of assets by Li Chaoren.

    As a businessman, Li Chaoren wants to pay less taxes on the one hand, and on the other hand he wants to diversify his business operations.

    Putting assets only in China and Hong Kong is undoubtedly very one-dimensional, so Li Chaoren chose the Commonwealth of Nations such as the United Kingdom and Australia. He is familiar with the laws and people in these places and has many contacts who can help him.  Handle the relationship here.

    Li Chaoren also knows what equal sharing of interests is and what risk-taking is.

    So he brought Xiao Qi in and asked Xiao Qi to buy 30% of the shares. Then Changjiang Industrial occupied 70% of the shares, and the capital of the entire Changyu Group was US$30 billion.

    On the surface, Xiao Qi paid 9 billion US dollars and only occupied 30% of the shares without decision-making power. It was really a loss.

    But you have to know one thing, Cheung Kong Group is not 100% owned by the Li family.

    Cheung Kong Holdings is Hong Kong's "one kid", that is, the Hong Kong stock code 00001. Its total market value has exceeded 1 trillion Hong Kong dollars, which is more than 110 billion US dollars.

    Through various foundations, the Li family occupies about 56% of the shares of Changshi Group, which is about 60 billion US dollars.

    Calculating this way, the Li family actually only holds about 40% of the shares, and the rest belongs to other shareholders of Changshi Group.

    But you are right to say that the Li family controls Changyu Group through the holding of Changshi Group.

    But Xiao Qi didn't care about these trivial details.

    He knows that although Li Dachao in his previous life was not well-known in Hong Kong.  But his moves in the UK and Australia were very steady and generous.

    ??From water, electricity, gas, to communications, agriculture, and planting, there is nothing that Li Dachao does not invest in.

    And with stable yields and stable asset appreciation rates, the Li family is very prosperous in the UK and Australia, and they have the flavor of a new century aristocracy.

    Xiao Qi is concerned about this matter.  Basically, he didn¡¯t understand it at all, so he just took advantage of the Li family¡¯s intelligence to make money in the UK and Australia.

    Li Chaoren certainly wouldn¡¯t dare to trick Xiao Qi, so as long as he can make money, why does Xiao Qi care about controlling shares?

    Of course, it¡¯s not just Xiao Qi who wants to use the power of the Li family.

    Li Dachao, who is responsible for developing the UK, also wants to use Xiao Qi¡¯s name to take the first step.

    His first step.  Let's focus on the acquisition of a British movie theater chain that Xiao Qi mentioned to him when he came to Hong Kong after the Chinese New Year.

    It is said that it is a British cinema chain, but in fact it is not only British, but the two cinema chains that Xiao Qi is interested in are headquartered in the UK.

    ? One is called Odeon Cinemas, and the other is called Weiyou Cinemas.

    The former one is a company owned by Terra Firma Capital, a well-known British private equity capital. It has 210 cinemas with a total of 2,000 screens in seven major countries in the European Union.

    The latter Weiyou cinema chain is a company in its own right.  There are 120 cinemas in the five EU countries.  A total of 1,300 screens.

    At the same time, they are also the two largest cinema chain companies in Europe, accounting for more than 40% of the European movie box office.

    What Xiao Qi means is that if we can acquire it, we will acquire it together. If we cannot acquire it, we will choose Odeon to acquire it because it is the largest.

    As for the price, Xiao Qi has no restrictions at all.  This gives Li Dachao more room to operate.

    Who doesn¡¯t know how to spend money to buy things?

    What matters most to Li Dachao is not the cinema chain itself, but the owners of the two cinema chains.

    Needless to say, Terra Firma Capital is funded by more than 100 British aristocrats.  In this era when nobles are becoming less and less valuable, relying on the investment of Terra Firma Capital, these nobles have gained a lot every year. Coupled with their combined strength, they are an important force that cannot be ignored in the British political and economic circles.  .

    The owner of the other Weiyou Cinemas is the famous Duke of Saatchi in the UK. This Duke is one of the rare rich people. It is said that his ancestors left a lot of wealth, so he is involved in many industries. The cinema chain is only a few  To a small extent, the Duke of Saatchi's actual assets are more than 20 billion pounds, but he doesn't like to show off, so he allows hippie "young people" like Branson to become the richest man in the UK.

      But as Branson¡¯s 5% Dream Pad shares and 1% Dream Sta shares become more and more valuable, he is actually one of the top five richest people in the UK.

    If Li Dachao wants to open up a situation in the UK, he should just get in touch with these two parties, rely on Xiao Qi's acquisition to build a good relationship with them, and then slowly start to invest in the British industry after he has gained some fame and status in the UK.  acquisition, the resistance encountered will be much smaller.

    The vice president of Terra Firma Capital is called Robbie, a very common name.

    But his qualifications are not ordinary. In addition to being a hereditary earl, he is also a top student at Harvard University in the United States. He worked at Goldman Sachs Investment Bank for 20 years before returning to Terra Firma Capital to hold a senior position.

    Oh, I forgot to mention that Terra Firma Capital has been established for more than 200 years. It is a very old private equity capital in the UK. It is said that its predecessor has something to do with the notorious East India Company. Now it has tentacles all over the UK and the Commonwealth.  corner.

    Hong Kong was under British administration for a period of time, so even though Robbie had a strong South London accent, Li Dachao could hear him clearly, and he also spoke with a South London accent.

    Robbie was very satisfied with having such common ground. After chatting for a while, he started to smile more.

    "Mr. Li, I have heard about you and your father for a long time. I know that in the past 20 years, he has been a strong competitor for the richest man in Asia, and has been the richest man in Asia for many times." Robbie smiled.  He said, "It's just that now that a talented young man Xiao Qi has appeared, your father has become the second richest man in Asia. This is enough to be proud of!"

    "What you said is wrong." Li Dachao smiled and said in a low voice: "As far as I know, Xiao Qi's confidante's property is not inferior to that of my father, but they are very low-key and are not willing to show up.  It's just in the rich list. For example, Xiao Qi's childhood sweetheart Miss Huangfu, her WeChat and Weibo companies are now valued at more than 40 billion US dollars, and if they are listed, they will have to double again!

    In addition, there is the movie theater chain that Xiao Qi entrusted me to acquire this time. The beautiful girl Qiao Guoer who is going to be given to her is not only a well-known star in China, but also has the largest movie theater chain in the world, as well as a generous salary.  Real estate resources and assets exceed US$20 billion!  "

    Appropriate disclosure of a little secret will interest the negotiating partners and increase friendliness.

    "Haha, I didn't expect that Mr. Xiao Qi would be such a compassionate person. It's really interesting." Robbie smiled, "I also heard about Miss Qiao. She bought AM Cinema and ima company. In China,  The establishment of a huge 3D and ima screen theater chain is a big deal, and it is much stronger than our Odeon theater chain."

    "Xiao Qi believes that if there is no big money to make efforts when the market is not hot, then when everyone notices this industry, you will not be able to make money easily." Li Dachao said, "For example, my younger brother, who was me at the time  His father forced him to cooperate with Xiao Qi. As a result, Xiao Qi gave him such advice. At the beginning of this year, he entered the top ten richest people in Hong Kong, ranking eighth. "

    "Who says it's not?" Robbie also sighed, "Branson, a rude guy, originally made a little money by hyping up his fame. In the end, he bought shares of Xiao Qi's Dream Pad and Dream Sta, and his net worth  An increase of five to six billion US dollars in one fell swoop is really enviable! If only we had had the courage!¡±

    "My father is also regretting this now. If he had offered a higher price, he would be one of the happy people today." Li Dachao said, "So we still have a close cooperative relationship with Xiao Qi.  , I came to negotiate this business for him, just to increase my friendship with him, so that I can make money along the way!"

    After a pause, Li Dachao said: "Mr. Robby, I have great respect for Tai Fung Capital, so I won't tell lies. Xiao Qi asked me to come over to discuss the sale of Odeon Cinemas. He didn't have a price.  As long as you are willing to sell, everything is easy to discuss, and he will not let his friends down. "

    Even though Luo Bi was used to seeing rich people and business negotiations, he was amazed by the courage shown by Xiao Qi.

    ¡°A person who can speak like this, in addition to having a lot of money, is more importantly determined to win, which shows how confident Xiao Qi is.

    Robbie is not a fool. Seeing that Xiao Qi is not short of money, of course he wants to see how much Xiao Qi can bid, and then go back to discuss with the management executives.

    But at the same time, he is not so arrogant that he thinks he is the only one, and he will not offer an outrageous price.

    Otherwise, if you don't talk about business, you will offend people in the dead.

    ???????? And it¡¯s the world you¡¯ve offended.Rich!

    If Xiao Qi had a grudge against Terra Firma Capital Ahem, think about how badly the giants like Merrill Lynch, Citigroup, and Goldman Sachs were cheated by Xiao Qi. They would never win a bet, and they would lose every time.  Xiao Qi gave away money and became the laughing stock of Wall Street and even the whole world!

    Terra Firma Capital just wants to make money, but it doesn¡¯t want to be the object of ridicule!

    (Brothers, please subscribe more!!) (To be continued)
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