Rebirth of England

On November 20, Greenspan, the former chairman of the Federal Reserve, said at a business conference that the downturn in the housing market and the credit crisis will continue to have a negative impact on the U.S. economy, but the probability of the U.S. economy falling into recession is "less than 50%."

Not long after, Bush also claimed in public that although there were still problems in the housing and credit markets, the fundamentals of the U.S. economy were solid and he was optimistic about the U.S. economic prospects.

Despite these optimistic remarks about the U.S. economy, Barron was quite busy during his time in California.

After getting together with Ivanta, he returned to Los Angeles and stayed with Fan Bingbing and his children for a few days.

Fan Bingbing has just completed the filming of "007: Skyfall" and returned to Los Angeles - after all, strictly speaking, although she can be called the second "Bond Girl" in this movie, she doesn't have too many scenes.

In addition, this movie will also be released in China, so as an actress named Huaxia who is participating in it, Fan Bingbing will also participate in the promotion of movies including China next year.

However, at this time, due to the popularity of "Succession", Fan Bingbing, who played the role of "stepmother" in this TV series, also gained considerable popularity in Europe and the United States.

After a period of time, Fan Bingbing will return to China with her son and daughter after a break, and Gucci will announce that she will become their brand spokesperson in Greater China.

It can be said that this also means that Fan Bingbing's fashion resources will become the top category in the Chinese film and television industry.

"I will live in China most of the time, here..."

After handing the children to the maid, Barron hugged Fan Bingbing and said to her:

"It's okay. There will always be someone taking care of it here. Just come and live here when you come to the United States."

Hearing Barron's words, Fan Bingbing was still very happy, which also showed her status in the other party's heart.

As Fan Bingbing said, apart from occasionally starring in some Hollywood movies, she will stay in mainland China most of the time, and except for the scripts she particularly likes, she will not take on some ordinary film and television dramas. Now, we will focus on Tianhe Television Investment and invest in some Chinese film and television projects.

Speaking of Tianhe Investment, their largest project in China, Nanjing Automobile Group, has achieved very good results after jointly establishing a joint venture with the British Motor Group.

First of all, Tianhe Yingqi Automobile, a subsidiary of Nanjing Automobile Group, has the domestic distribution rights for all brands of British Motor Group.

After Barron visited China before, the majestic pomp and pomp of his team in Yanjing attracted the attention of many domestic wealthy people. In particular, Barron’s car, Bentley’s new flagship Mulsanne model, was very popular among billionaires in China. Favored by millionaires.

It is worth mentioning that due to his relationship with Barron, Boss Ma's car at this time has been replaced by a longer version of the Bentley Mulsanne instead of the 6.2-meter Maybach.

In addition to Boss Ma, Pany Ma also chose the Bentley Mulsanne as his car, which also made domestic billionaires start to focus on this model.

It is true that only billionaires can have the capital to buy this car. The price of the Bentley Mulsanne is much higher than that of the original model - correspondingly, its materials are also more luxurious. The lowest-spec Mulsanne is priced at more than 50 Ten thousand US dollars, it can be said that if you come to China, it will be a luxury car in the tens of millions.

But the thoughts of these billionaires are different from ordinary people. When they choose their own cars, the more expensive they are, the more popular they will be. Of course, the premise is that they are expensive for a reason.

As for joint venture brands, Nanjing British Automotive’s biggest move this year is that in addition to launching domestic versions of overseas models of Land Rover and Jaguar, Land Rover has also launched a new model specifically in China that has been modified according to the preferences of Chinese users - —Mountains and seas.

This means that this car has strong performance and can cross mountains and seas effortlessly.

Shanhai continues Land Rover's consistent style. It is square, looks very solid, and has strong power. Once launched, it has suddenly emerged among the million-level luxury SUVs and has become one of the best-selling luxury SUVs in China in the second half of this year. .

"By the way, honey, when you return to China, pay a visit to Ali's boss Ma on your behalf."

"Are you talking about the listing of their company?"

Fan Bingbing heard Barron's words and immediately reacted to the recent developments of Alibaba Company.

"Not only that, Boss Ma has good connections. In this regard, Tianhe Capital can still contact him more in the country in the future."

At the beginning of this month, Alibaba successfully listed its B2B business in Hong Kong.

Barron did not pay too much attention to Alibaba's listing because he knew that Alibaba would decide to delist from HK in a few years. Only when they are listed in the United States would it establish Alibaba's position in China. .

But in addition, Barron also knows that in the future, Boss Ma will split Alipay and other businesses from Alibaba. In the original time and space, SoftBank and Yahoo also had some conflicts with Boss Ma.

But now on Barron's side, if Boss Ma uses the excuse that Alipay cannot be involved in foreign investment for the time being, then he can completely use Tianhe Capital, a Chinese company, to take over the shares in this area...

And as Barron said, Boss Ma is a member of the Taishan Society, which includes many business tycoons led by Lenovo’s Boss Liu, and among Zhejiang businessmen, Boss Ma is also very prestigious, Tianhe Hehe The company is mainly developing in China, and Boss Ma still needs to rely on his connections.

Fan Bingbing knew that in terms of business, she herself was a "layman" and had very big shortcomings, so she relied heavily on Barron's advice in this regard.

So after Barron's order, she immediately agreed.

…

On November 20, Reuters Group announced its acceptance of SEM Group’s acquisition plan. From now on, the two companies will officially start the merger process.

In SEM Group’s initial acquisition plan, because SEM Group already holds more than 30% of the shares of Reuters Group, they will use approximately 4.05 billion pounds of funds, plus the issuance of 49 million new shares, to complete the acquisition of the remaining shares of Reuters Group. , thus making Reuters Group a wholly-owned subsidiary.

However, after Thomson Group's acquisition of Reuters Group was rejected by the antitrust agencies of Britain and the United States, the two parties re-entered acquisition negotiations.

At this time, the situation they faced was different from that in May this year.

At that time, the stock price of SEM Group was around 41.15 pounds. Calculated at this price, the shares paid by SEM Group, plus cash, the overall purchase price of Reuters Group was 8.68 billion pounds.

But now the share price of SEM Group has dropped to about 38.75 pounds due to the impact of global economic conditions. Based on this calculation, the total purchase price of Reuters Group under this acquisition plan has been reduced to 8.512 billion pounds.

However, correspondingly, the share price of Reuters Group has also fallen, but their shareholders prefer to receive cash rather than exchange shares...

Therefore, SEM Group finally decided to acquire Reuters Group in an all-cash manner - they will spend 5.95 billion pounds to acquire the remaining shares of Reuters Group and complete its privatization acquisition.

The Cavendish Trust provided £950 million to purchase SEM Group's convertible bonds - they can convert this bond into SEM at any time within two years at the average price of the then 30 trading days. the group’s common shares.

For the remaining 5 billion pounds, SEM Group obtained loan lines from two banks, Barclays Bank and Standard Chartered Bank, to carry out the acquisition.

It is expected that the merger of SEM Group and Reuters Group will be completed before February next year. By then, Reuters Group will merge part of its media business with the related businesses of SEM Group, while Reuters Group will continue to maintain operational independence. As a wholly-owned subsidiary of SEM Group.

In addition, the Reuters Group will conduct overseas sales of its information business through Reuters International, which is supervised by the original Reuters Founders AG, to ensure that the information services they provide continue to comply with Reuters' five core principles.