Chapter 570: Broken record
Back in the manor house, Chris will explain Eric in detail to a series of operations on the Nokia Group acquisition.
"...Because Nokia's sales business will increasingly focus on overseas, we have set up an international sales company in Ireland to aggregate all sales revenues outside of Finland to Ireland, so we only need to pay about 10% of income tax. It is possible to aggregate large sums of money into offshore funds in the Caribbean Islands. In this way, Nokia’s income tax can be maintained at around 10%. If you set up sales companies in Europe, the income tax rate should be at least 20%. ”
Eric heard this and suddenly remembered the ‘sandwich’ tax avoidance scheme of international high-tech giants such as Apple and Google.
Looking up at Chris did not mention the meaning of this, Eric thought about it, and finally did not say it. After all, Chris and Jorma Ollila are definitely smart people, not to mention that every multinational group has a department that specializes in tax avoidance strategies. If they can think of cheaper tax avoidance programs, they can't do it. If at this time, I suddenly say a series of tax loopholes that use Nokia’s brand intellectual property rights and zero-tax transactions between EU countries to achieve a near-zero income tax plan, for this high school student who has not even read the university. Too bad.
Chris also felt Eric’s long-awaited resentment. Seeing what he didn’t say, he continued: “The 51% stake we acquired in Nokia is entirely owned by Hawaiian funds set up in the Caribbean Islands, according to The current development situation, Nokia Group's business will achieve an explosive expansion in the next few years, our injection of 4.2 billion US dollars can only maintain less than two years of research and development and marketing costs. According to your request, Nokia will be in 1995 Once again, we will launch a listing plan on the New York Stock Exchange, and by then we will have a controlling stake."
Speaking of this, Chris suddenly looked up and asked: "Eric, I remember when you first bought AOL, you also asked AOL to go public after 1995. Is there any special place at this time?"
"Not only AOL. Browser software company, Yahoo portal and hotmail online email service, but also firefly software from Firefly Pictures and digital field effects company. I plan to be two years after 1995. Time to go public separately," Eric has prepared for Chris's question. Although this preparation is not in line with the facts, it is absolutely reasonable: "Because 1995 was the third year of Clinton's coming to power, the Clinton Cabinet implemented it. The information highway plan will see results in early 1995. For technology companies, this time is the best time to go public. After missing this time, we can hardly predict what the next president will take if Clinton can't be re-elected. The policy is abbreviated."
Chris recognized the location, and the two discussed some issues. Chris closed the documents in front of him and said, "Eric, are you really planning to acquire the Ltd of Lesley Wexner?"
"Yes, Fashion Week went to Bryant Park to see the fashion show. I suddenly had some good ideas, just the secret brand of Victoria under the company can help me achieve this plan."
“Can Victoria’s secret be the inner clothing brand?”
"What I want is a brand of innerwear. With this brand, I plan to build a series of reality shows after the fireflies have TV stations and to make Victoria's secrets a popular symbol."
“Is there a Brighton fashion company? The two brands are not many grades...”
"Chris, a mannequin with a sweet and sleek look and a fashion model with a plastic figure like a doll, would you prefer to see which one?"
Chris smiled and said: "So. In this case, the investment company will not be able to help the Los Angeles plan to acquire the TV network. Yes, I just came back yesterday. I was in Morgan Stanley's original boss. Mr. Crich called me and asked if Firefly Pictures would issue bonds. I didn't disclose anything to him, but said that I would mention it to you."
The acquisition of the TV network has just begun. Eric did not expect that someone has noticed this and asked: "Do you think that according to the size of the fireflies, which investment bank is more suitable?"
"If you really want to issue billions of corporate bonds as you originally thought, any investment bank on Wall Street will get a lot of money for this business, but if you want to get enough money as soon as possible, I suggest Distribute this business to several investment banks to complete, it is best to contact several European and Japanese investment banks, according to the firefly film's credit rating, they will give a more favorable commission ratio."
Eric recorded Chris's words on the memo next to him and said, "I will talk to Los Angeles at night."
"Then we will talk about the things of the company," Chris said. "I probably got to know some things yesterday. The biggest shareholder of the company is Leslie Wexner. He owns about 35% of the shares of the company, according to the recent share price of the company. The company’s total market capitalization is $14.7 billion. After the acquisition of Nokia Group, the investment company has only $600 million in funds left, only $100 million more than the market value of shares held by Leslie Wexner. If you want to buy, I need to take some of the 'despicable means' that Wall Street uses."
Eric noticed that Chris said the term 'despicable means', which was obviously a little excited. Obviously, as an investor from Morgan Stanley, Chris was more envious of those who used leveraged buyouts to attack the capital market. Wall Street tycoon, and before, whether it is the acquisition of Cisco's shares or shares in AOL, even the latest acquisition of Nokia Group, Chris is in accordance with the normal business transaction process.
"Chris, 600 million dollars is completely handed over to you to operate, I don't participate in this matter, you just need to finally get the Ltd."
"Give me three months," Chris extended three fingers: "In addition, I also need Brighton Fashion as a chip to finance debt. After the acquisition, the two companies may merge directly."
"I said, I have given you all the power in this place," Eric said with a smile. "Chris, this time you can release the Wall Street wolf in your heart."
"I suddenly liked the name of the wolf on Wall Street."
When the two men looked at each other and laughed. Emily just pushed in and walked in. It was already at a glance, because talking about things was quite focused, and both of them forgot to turn on the lights. The room looked very dark, Emily saw the smile on the face of the two big men sitting across the desk, and couldn’t help but hit a small chill, reaching out and touching the switch. Light, Emily was relieved: "Hey. Gentlemen, although I don't want to disturb your plot, but now it is seven o'clock, are you not hungry?"
"Dear, let's go," Chris packed up the documents in front of him. Eric also stood up and took a look. Because he sat too long and had a stiff body, he walked toward the restaurant with Emily.
Taking advantage of Chris to go to the bathroom, Emily suddenly got to Eric: "Eric. Have you discussed the matter?"
"I have already handed it over to Chris, and you are waiting for the EO of the company."
"Wow, thank you so much," Emily shook her fist.
......
In the restaurant, Emily excitedly told a series of changes from Brighton Fashion.
After New York Fashion Week more than half a month ago, after that perfect marketing company, Brighton Fashion’s brand awareness quickly expanded to the United States and Europe, although the next season’s clothing has not yet been officially released, but the company’s ready-to-wear sales and Orders have seen a significant increase.
"...A few days ago, the Leslie Wexner guys offered us an invitation to buy. This time, the price of $4.5 billion was opened. Oh, the old guy may not know, maybe a few more months, he The company is going to be bought by us in turn."
Chris can't stand the girlfriend's claws. Interrupted: "Okay, dear, don't you want everyone to know that we intend to acquire the company in bad faith?"
"Of course not, I am not a fool. Can people here disclose this?" Emily waved her hand and said: "Eric will not. Joan will not, Eva will not, oh, There are two little babies, Xia Xia, Kevin, you won't talk about it, right?"
On the baby chair between Eric and Joanna, I saw Emily across from talking to myself. Hawaii screamed and responded. Kevin just stared at Emily. The deputy disregards the meaning of this aunt.
Another time, Eva, who came to eat rice, saw the reaction of the two little guys and suddenly said to Eric: "Eric, Kevin will not be... not the one, it seems to be too much?"
Joanna glanced at her sister: "Eva, don't talk."
Eva Pakula spit out her tongue, but she did not continue this topic. Joanna’s majesty was more useful to her than Eric.
Although Chris and Emily did not speak, Joanna noticed that the two eyes flashed the same doubts as their sister, and whispered: "Vigie has done a check on the little guy, and even went to test the IQ. There is no problem. The doctor said that it was only because Xia Xia was too lively to set off Kevin too quiet."
"Quiet is not bad, maybe growing up will become a philosopher," Chris complimented.
Joanna smiled and didn't talk, just looked at Eric. She still knows the heart of Virginia. Kevin is the eldest son of Eric. Eric also does not treat the little guy as an illegitimate child. Therefore, Virginia hopes that Kevin can become the successor of Eric. If it really becomes a philosopher, it is estimated that Virginia will be very sad.
"As long as the little guy can grow up happily, he will certainly choose his own path in the future," Eric touched his son's small head and said.
Emily opened her mouth, but did not say anything. Everyone except Eric in the restaurant noticed Emily's little gesture and briefly silenced for a moment. Chris also worried about what Emily had said and gently kicked his girlfriend.
Everyone knows very well that Emily wants to talk about how Eric plans to allocate his personal property in the future, but this question is too sensitive. After all, Eric is not even 30 years old.
Of course, Eric also knows the minds of the people. As a traversal with the soul of the East, the inertial thinking that has been formed for thousands of years is not so easy to change. Eric, like the traditional Orientals, feels that if he has made a big deal The industry is ultimately inherited, it is too sad.
However, Eric also knows that he will never have only two children in the future, and he will always find the successor of his own business. However, although Eric is not as old as Redstone and Murdoch, he still seizes power and does not let go. As a result, his children lacked sufficient experience and eventually could not find a suitable successor. But even if Eric retires at the age of 50, it is also a matter of many years. Now, thinking about these issues has no meaning at all.
......
Early the next morning, Eric heard a rush of footsteps. When he opened his eyes, he saw Eva waving a newspaper and appeared in the bedroom.
"Eric, Jurassic Park broke the box office record of "et aliens", with 900 million dollars worldwide and 900 million dollars."
Eric slammed his forehead and looked at the morning light outside the window, feeling how this sister Joanna had more energy than herself.
Joanna also woke up and watched Eva excitedly completely forget the appearance of the occasion. Joanna had some helplessness. She reached out and took the newspaper in Eva’s hand and picked up the pillow next to her and took it on the little girl. A few times: "Love baby, don't you know that it is rude to suddenly break into someone else's bedroom? If there is another time, I will send you back to Poland."
Although I know that my sister is threatening myself and will not really go back to Poland, Eva still shrinks her neck: "I just want you to know this good news for the first time."
"If you send it back to Poland, you might be able to go to Alaska. That kind of place is most useful for energetic people," Eric grabbed Joanna's waist and gently licked the woman's fragrant body. Joking with a still sleepy tone.
"Alaska, so cold, I won't go, I would rather go back to Poland."
"Shut up, go out," Joanna once again rushed.
When Eva was blown away, Eric did not sleep, sitting up and turning over the New York Times that Eva had just taken. (To be continued.)