Start by trimming cow hooves

A bowling ball hit the floor hard.

As it rolled forward and eventually knocked down all the pins, Suri finally achieved the small goal of "all hits" for the first time in his life.

He is forming a team with Jiang Jiaya and competing with his parents.

For the sake of fairness, Dad Su could only throw the bowling ball with his left hand, so the two sides played evenly, and the scores were always tight.

The conversation continues.

Dad Su said at this moment:

"Last time I went to Hong Kong City, I had dinner with several local business tycoons. During the period, we also talked about the commercial land in Central that you just bought. Until now, I still don't understand why it is so expensive. ”

"However, the rents for office buildings and shopping malls in Harbor City are really very high, and the return rate is higher than here in Los Angeles."

"Just like you are interested in the Four Seasons Hotel Group and try to share risks with real estate, maybe you can also acquire a real estate company in Hong Kong through your World Island Group. Both Wharf and Sun Hung Kai are good choices. They are in The mainland has also invested in many industries.”

With Suri's current size.

If you want to lay out a certain industry, it is indeed easiest to spend money to acquire it directly. It is not only convenient and fast, but also avoids causing too much resistance.

He looked at his father and answered:

"Actually, I have also considered acquiring several financial, insurance and real estate companies in Hong Kong City, Singapore and other places. I can study it carefully in the future and find suitable targets, but the conditions are not mature enough yet."

"Why immature?" Jiang Jiaya asked next.

Suri went on to add:

"What else can I do? I'm almost out of money. I need some time to catch my breath and regain my blood. I invested in too many projects in China before. There are many blood-sucking projects on hand at the moment, but the one that can really bring me a large amount of cash seems to be for the time being. There is only one Caishen Capital.”

“What about the profits of Caishen Capital?”

"I'm investing with compound interest again. These old traditional companies are not in a hurry, and it's not worth disrupting my original plan for them. But I have been reducing my holdings of Apple stocks recently, so I'm not really short of money. I just want to keep some funds aside.”

Suri picked up a bowling ball again and said while wiping the ball with a cloth:

"In two or three years, when companies like S Electric Vehicles and Tweet are listed, I will be able to borrow large amounts of money again, and it will not be too late to make acquisitions by then."

His family office has been reducing its holdings of Apple shares recently, basically cashing out $100 million or $200 million every week.

The reason for this is that analysts predict that Apple's net profit growth will slow down in the next few years, limiting further gains in the stock price.

It’s not that it won’t rise, but it’s difficult to see the same explosive growth as it has been since 2009.

Suri has already eaten up the strongest wave of dividends. It is better to cash out some funds and invest them in places with higher potential returns, such as early deployment of the new energy vehicle industry, AI, semiconductors, etc.

The match lasted for more than an hour, and because Dad Su could only use his left hand, he eventually lost to Su Rui and Jiang Jiaya.

It's approaching evening.

Simply choose a restaurant nearby and enjoy authentic Greek dishes, including salads, grilled lamb, various seafood, and desserts.

By the time I got home, it was getting dark.

With nothing to do, Suri checked the box office of "Arctic Love" and found that during Thanksgiving and the holiday weekend, the North American box office revenue exceeded 112 million US dollars.

The production costs have been recovered, and the rest is profit. The overseas box office has reached almost US$57 million.

Based on this performance prediction, after the Christmas and New Year holidays, the final box office is really likely to be set at around US$400 million.

He was considering thinking of ways in advance to order a set of suits for Fox Girl and Cat Girl respectively, and find a way to make them wear them regardless of whether he won the bet or not.

——————————————

To keep a low profile.

At the beginning, Suri came up with the uncommon word "Ineffable" for his family office, which can be translated as "ineffable, indescribable" and is used to describe certain ghosts or some kind of wonderful feeling.

To ask how unpopular it is, even the employees of this family office don’t often mention its official name. They most like to call it “Suri’s Family Office.”

Like waterfall investing, Ineffable family offices do not have a brand name.

It just changed its office location at the beginning of this year and purchased a small office building in Century City, Los Angeles in a low-key manner. From the door, you can only see the house number.

It’s hard to imagine that there are hundreds of elites gathered in that ordinary small building, helping Su Rui manage assets worth tens of billions of dollars, and the profit and loss in a single day can reach billions of dollars.

December has just arrived.

Because Suri is trying to acquire the Four Seasons Hotel Group as a whole, today at the headquarters of the Ineffable family office, a person in charge specially received representatives from Waterfall Investment and the Saudi Kingdom Holding Company to negotiate the details of the offer.

The acquisition offer price given by Suri is around US$6 billion.

His representative took the lead in proposing an overall acquisition offer price of US$5.75 billion. Judging from the Four Seasons Hotel Group's revenue and market valuation, the premium is almost 10%.

This is equivalent to using $110 to buy an ordinary hundred-dollar bill. It is more attractive to both Waterfall Investment and Saudi Arabian Holdings, but it is only so-so.

There are two Wall Street institutions in the market that have given a valuation that is similar to this figure, but they only want to acquire 47.5% of the shares held by Bill Gates, not together with the shares of the Saudi Kingdom Holding Company.

As for the founder of Four Seasons Hotel, Mr. Isadore Sharp, he has made it clear that he will not sell his shares, but he will not stop Suri from trying to initiate an acquisition.

Although this will have a slight impact on Suri's subsequent financing plan, as long as it is negotiated in advance, the problem is not a big problem.

A middle-aged man named Andy, who previously worked at Merrill Lynch and McKinsey Consulting, served as Suri's representative to negotiate with representatives of Waterfall Investment and Saudi Arabian Holdings.

The two parties had obviously reached an agreement in advance.

After hearing Andy's specific quotation, the representative of the Saudi Kingdom Holding Company immediately told us: "I have no objection to this valuation, but if Suri wants to close the deal, he must agree to us a condition."

"What kind of conditions, I can listen first. As long as they are not too excessive, I will tell them to my boss."

Andy put on an air of taking his time.

Mainly because there are so many high-end hotel chains around the world, and there are a few more powerful than the Four Seasons Hotel Group. In his opinion, if you choose to integrate them yourself, you will actually spend less money.

The Four Seasons Hotel Group currently has a total of 88 hotels in 37 countries around the world, and more than ten projects are under construction.

Of the total valuation of US$5.75 billion, at least US$1 billion is the "transfer fee" for purchasing the Four Seasons Hotel brand. The price/performance ratio is not particularly high.

More importantly, the task given to him by Su Rui was to "try it" and give up if the lion opened his mouth. Therefore, Andy, a senior wage earner who received his instructions, did not panic at this time.

Just listen to the representative of the Saudi Kingdom Holding Company and continue to say:

"As long as he agrees to give us the priority financing rights of 5% of the total equity when S Electric Vehicle starts financing next time, we can sign a contract with him at any time. Anyway, it is external financing, and we will still spend US dollars according to the market valuation. Su Rui does not Any loss, isn’t it?”

Having said that.

But Andy knew very well that Suri had given all the financing quota to institutions and wealthy people who were helpful to his business. He suddenly wanted 10% of the priority financing rights, which was difficult to agree to.

So, he took the decision without authorization and first tried to negotiate with both parties to lower the number to 6%, and then called Suri to report the situation.

Suri received the news soon.

In his eyes, the value of 6% of S electric car shares far exceeds that of the entire Four Seasons Hotel Group.

Therefore, he would rather spend more money now than cause trouble for himself in the future. He proposed a new acquisition plan to obtain 1% of the preferential financing rights or increase the valuation of Four Seasons by US$100 million.

In between.

Waterfall Investments chose the latter, while Kingdom Holding chose the former.