My Life Can Hang

However, Louis Vuitton, which has been passed down through generations, believes in the family management system.

The two sides had many conflicts, which once reached product planning and brand layout.

As small as a letter design, it is difficult to achieve consensus, and the differences gradually widen.

In order to combat opponents, increase their own control over the combined group.

The two have a heart-to-heart choice to introduce external allies.

Arnault was an ally brought in by the son-in-law of the Louis Vuitton family, Ramikaye.

Neither Ramikaye nor Chevalier took Arnault seriously at first.

Major Arno during this period, disguised humans and animals are harmless.

Both parties thought he was merely a mediator.

He has a good relationship with Chevalier, and even climbed up from Chevalier's younger brother step by step.

Between Lacamier and Chevalier, they were flattering.

History is always strikingly similar. Chevalier never dreamed that Arnault, who was snoring with his own breath, was actually moved to buy Louis Moet.

After a series of rude operations, Arnault successfully killed Chevalier and Ramikaye, and took Louis Moet into his own hands.

After reading the information provided by Li Changqing and the others, Chen Dongcheng had only one feeling.

This white old man has a vicious eye, is extremely ambitious, and has extremely strong endurance.

"Dove occupying a magpie's nest" is only the first step in Arnault's career.

After that, Arno was like a prehistoric giant crocodile with a big mouth, aiming at every prey on the luxury table.

Fendi, Givenchy, Bulgari, Sephora, Guerlain…

Not surprisingly, they were all taken down by Arno.

If it is said that Ma's father is fattened by Chinese women.

That Arno was definitely sent to the altar by women all over the world.

Countless luxury goods, not only men's wallets are emptied, but also more and more substances that make many women corroded.

Although the opponent is terrible, it is definitely impossible for Chen Dongcheng to retreat.

Belmond ranks among the top ten luxury hotel groups in the world.

The average room price of all its hotels in the world is US$534 per night, and the revenue last year exceeded US$[-] million.

Despite the small number of Belmond hotels, the profitability is leveraged.

The King's Court Fund is the main force on the surface, and the Blue Eagle Fund is the support in the dark.

With Arnault's shrewdness, the current offer has reached the limit he can bear.

The two companies are now offering 23 times EV/EBITDA, much higher than their peers' 12 times EV/EBITDA.

EV/EBITDA is the enterprise value multiple and is a widely used company valuation metric.

What is more powerful than the ordinary P/E (price-earnings ratio) is that this valuation metric can take equity returns and creditor returns into account at the same time.

The amount of financing of the company is different, the leverage ratio is also different, and the natural P/E is different.

But if you use EV/EBITDA, the difference is basically the same.

It can be seen how crazy the bidding between Chen Dongcheng and Arnault has been.

Even a lot of funds and investment banks are paying close attention to the crazy bidding between the two.

What is reasonable or unreasonable is not in the scope of consideration of the two at all.

The French Railway Bureau has already made money and is soft, and now we have to see how much the two companies will open.

Back at the company, Roland Voss communicated with the management, lest everyone offend the new boss and be dismissed.

Up to now, Roland Voss is not sure whether Arnault is willing to fight to the end.

Although he is confident in the development and profitability of Belmond Group.

However, the price that the two companies are offering now is ridiculously high, and it puts a lot of pressure on him.

Ralph Aruza, senior vice president of Belmond Group, pushed the door and walked in.

"Roland, Louis Moet Xuan Group has disclosed the news to the outside world, and they have withdrawn from the bidding."

"I see, get ready for the new boss."

Roland Voss rubbed his face and breathed a sigh of relief.

It was finally settled, saving him both worries.

……

"Belmond Group was acquired by King Capital. The pure equity value is 27 billion US dollars, plus 6 million US dollars of debt, the total value is 33 billion US dollars!"

As the main force in this tough battle, Jun Ting Fund can be said to be in the limelight.

Even the mighty one-hundred-billion-euro consortium, Louis Moet Xuan, was repelled. It is conceivable how well-known the Junting Fund is in the circle.

However, despite everyone's painstaking efforts to find it, the Junting Foundation mysteriously refused to accept any interviews.

Details of the deal were not available to the outside world.

Chen Dongcheng took the time to meet with the French Railway Bureau and solemnly signed the contract.

Since then, he has owned a territory of his own in the field of the world's top luxury hotels.

The board of directors was fully controlled by Chen Dongcheng, and he sent a group of his own people into the Belmond Group, which made Chen Dongcheng feel relieved.

For Belmond's management, Chen Dongcheng also chose to use it for the time being.

Look at the back of the situation and then decide whether to replace the management.

Before Roland Voss, their grades were not bad.

Even if you look for other replacements, it may not be better than Roland Voss.

Roland Voss followed Chen Dongcheng to the Maldives with several executives.

At this time, Jiaoli Island was very different.

The white and delicate sandy beach is endless.

Jolie is also a medium-sized island among the many islands in the Maldives, offering 101 villas.

Among them, 80 water houses and 21 sand houses.

Designed by Aman's royal designer, Jean-Michel Getty, it's definitely an endorsement of quality.

The group took a seaplane to Jiaoli Island.

When they heard that the designer of Jiaoli Island was the great God of Getty, all Belmond's executives immediately changed their expressions, showing great respect.

"Since it's a Getty-designed resort, I believe the quality is absolutely top-notch. How much is your investment?"

"It took $1.5 million before and after, and now it's finally over."

Roland Voss froze for a moment, a little surprised: "It seems that you plan to make Jiaoli Island a seven-star island in the Maldives!"

Five-star islands are already unattainable for most resorts.

The hard standard of 5000 million US dollars is not so easy to achieve.

But thinking of the standard of Seven Stars Island, without an investment of over [-] million US dollars, there is no drama at all.

Chapter 439. 438 Top Chef (The Third!)

The water house and plank road on Jiaoli Island are the highest in Madai, which avoids the noise and safety problems of large waves at night.

There are trailing sandbars at the front and rear of the water house, and you can walk directly to the bottom of the water house when the tide is low.

The island is still under construction. In order to protect the surrounding snorkeling environment, the construction is very careful.

Getty has been revolving around Jiaoli Island this year, and this will of course be no exception.

Chen Dongcheng and the others were coincidental enough that the submarine restaurant had just been put under water two days ago.

After rigorous testing, it can be put into use at any time.

The submarine suite will also be shipped next month and put into use.

Getty had to be on the island, living with the builders.

The progress of Jiaoli Island is inseparable from his careful steering.

After working hard for more than half a year, Getty lost a lot of weight, but he was still quite hale and hearty.

In the top luxury hotel circle, Aman cannot be avoided.

As Aman's royal designer, many of Getty's designs have been praised by the industry, and Roland Voss is no stranger to Getty.

They are all from the top luxury hotel circle, and Getty is the top design master that many hotels in the entire circle compete for.

"Mr. Getty." Roland Voss called out respectfully.

"It turned out to be Roland. Since you are with Chen, it proves that the news is not fake."

Getty said with a smile: "There are many hotels in the Belmond Group, even Aman is very jealous."

"Although Aman is good, Belmond's hotel layout is not comparable to their profitability."

When it comes to Aman, even Roland Voss doesn't dare to be careless.

The main Aman is too famous, and many Aman fans even stop at the Amway Hotel for their friends.

Some people even boasted: "If you have never stayed in an Aman hotel, you are not qualified to say that you are a hotel controller."

Many Aman hotels can indeed achieve a very high level of service.

It even reaches the standard of five service staff corresponding to one guest.

High-standard service, amazing location, pursuit of peace of mind...