Reborn Capital Empire
Chapter 344: Discussion on the Indian market
Chapter 344 Discussion on the Indian Market
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Originally, Guo Shouyun planned to stay in Exeter for a few more days to see his friends and accompany old Bevin by the way. But Rebecca Mack's progress in France was quicker than he expected. And coincidentally, Buddy Morris' negotiations with Warner Bros. have also accelerated.
Obviously, his frequent contacts with companies in the same industry made Warner and Vivendi feel a certain threat. Or, their own financial situation has deteriorated to the point where a choice has to be made. No matter what kind of situation it is, or both, it is a happy thing for Guo Shouyun.
After saying goodbye to Old Bevin, Al Bevin, and the Rowling family, Guo Shouyun once again set foot on the plane back to Paris. It is not far from the UK to France, which is across the sea, and it only takes an hour to arrive by plane.
"Boss! These are the terms of cooperation we have reached with Vivendi, but the specific purchase amount has not yet been determined." In the car leaving the airport, Rebecca Mark took out a document and handed it to Guo Shouyun.
After taking it over and reading it carefully, he nodded with satisfaction.
"Not bad! Vivendi Games, Universal Pictures, Universal Studios and Canal+ cable network, I have basically got what I want most."
"But the $11.2 billion price of Universal Studios and Universal Studios is way too high!"
Strictly speaking, Universal Pictures, which owns the world's second largest film library after MGM, and a series of classic movie copyrights such as "Jaws" and "Jurassic Park", plus four Universal Pictures around the world. City, the value should add up to more than 11.2 billion US dollars.
But helplessly, in addition to the two Universal Studios in the United States, the just-built Universal Studios in Osaka and the Universal Studios in the Mediterranean in Spain, Universal Studios only holds 15% and 43% of them, which weakens the actual value of Universal Studios assets. .
"Gao can talk, it is a victory for us that Vivendi can let go!" Guo Shouyun said, "By the way, what time is the negotiation in the afternoon?"
"15 o'clock! The location is still Vivendi's headquarters."
Guo Shouyun looked at the time.
"There are still five and a half hours before the negotiation. We will have lunch later, and then communicate the details of the next negotiation. We will arrive at Vivendi's headquarters at 3 o'clock in the afternoon. I can't wait to meet Rene at the meeting. Fortou."
Rebecca nodded, "By the way, boss, the villa you want has been selected for you."
"Oh. Where?"
"The Sixteenth District, it's very close to where you attended the banquet last time."
"Go and see!" Guo Shouyun said with great interest.
Although seen before in pictures Rebecca sent him, pictures are never as real and interesting as seeing them in person.
Rebecca reported the address to Matthew, who was driving, and half an hour later, the convoy stopped in front of a villa hidden in the shadows of trees.
Because Guo Shouyun specially emphasized that the manor villa should not be too luxurious. Therefore, the new residence in Paris that Rebecca chose for him is not large, and the front and rear gardens and the main building add up to only 3,000 square meters. Typical French architectural style, the exterior looks beautiful. Tennis courts and swimming pools also cater for everyday relaxation needs. In addition, the eight rooms in the main body of the villa are enough for Guo Shouyun, who only lives temporarily.
Standing on the observation deck on the top of the building, looking at the Seine River like a jade belt in the distance, and the bustling Parisian market on both sides, Guo Shouyun nodded with satisfaction.
"It's nice here, what's the price like?"
"The total price is 7.5 million euros, the down payment is 2 million, the interest rate is 4.5%, 20 years!"
Although he is not short of paying the full amount of money, in terms of capital utilization efficiency, the rate of money appreciation in his hands is far more than 4.5%. So, installment payment is the best option for him.
"Just here. I'll have someone call you the money in a moment!"
Accustomed to Guo Shouyun's clear-cut way of doing things, Rebecca didn't say much.
"sit!"
After waving at Rebecca, the two sat down on the lounge chairs on the balcony.
"Although the contract with Vivendi has not been finally signed, the overall situation has now been decided. So, I want to talk to you about the Indian side. After all, among the people I know around, you are the only one who This country is most familiar to me, and I want to hear from you."
Rebecca Mack is intelligent, experienced and observant. From Guo Shouyun's words, she heard a different kind of charm.
"Boss wants to expand investment in India?"
"Well! There is a big market with nearly 3 million square kilometers and a population of 1 billion. No company in the world wants to miss it." Guo Shouyun nodded.
In the last life, because the Internet was full of all kinds of negative news about India, Guo Shouyun had a very bad impression of this country in the subcontinent, and never thought of having any involvement with India. But this life was different. From a business perspective, he realized the importance of India.
Although it is far inferior to Huaxia, it is still a top ten market in the world, and it has quite a bit of potential.
"I'm not too optimistic about the Indian market!" After thinking for a while, Rebecca Mark shook her head.
"Oh? The reason?"
"India's government and parliamentary system is rigid, inefficient and inefficient. The domestic legal system is lacking, the religious atmosphere is strong, and a relatively fair and reasonable business environment is lacking. In addition, India's domestic infrastructure is backward and energy is scarce. Under the caste system, the classes are strict, Religion and race are opposed to each other, the population above middle school is small, and there is a lack of sufficient qualified human resources for enterprise development. Moreover, Indians generally lack respect for time, absenteeism and laziness are common. Therefore, whether it is politics, environment, religion, India is not a good choice for business development in terms of law, manpower, etc.”
"It seems that you have gained a lot from a Dabor project!" Guo Shouyun nodded and smiled.
"At the beginning, I was also attracted by India's large population and seemingly huge market. As a result, when the project started, I found that the difficulties were dozens of times more difficult than I thought." Rebecca nodded.
"Have you thought about giving up?"
"I thought about it. But the CEO of Enron International is an opportunity that I finally got after I gave up a lot. The Dabor project with an investment of up to 3 billion US dollars is the star project of Enron International. If I give up, then all my efforts in Enron will be lost. I will give up all my previous achievements. Jeffrey Gilling and Lou Pei will not miss this opportunity to drive me out of the Enron management. So, even if the Dabor project is difficult, I must continue.”
“And the more difficult it was, the better it was for me. Because I was the only one who knew the project best, and if Enron wanted the Dabor project to succeed, I had to be in charge. Only in the end I still miscalculated the complexity of Indian politics.95 In the Indian general election in 2018, the Congress Party lost to the 'Hindu Nationalist Alliance', and the Dabor project, which was co-operated by Enron and Maharashtra, has become the best target of the opponent because of the huge investment and high cost."
Guo Shouyun nodded clearly.
"This is because your funds are not in place. Otherwise, India has so many projects with foreign consortia, why did Dabor become the target of the opposition of the Congress Party?"
"Enron was expanding all over the world at the time, and money was tight. The president who led the company, Rich Kinder, was shrewd, more experienced and more skilled than Jeffrey Gilling, who later became Enron's president. He saw The risk in the Indian market, because Enron did not understand India at the time, and lacked the necessary contacts and information channels, temporarily slowed down the investment in the Dabor project.”
"Originally out of prudence, I wanted to wait and see before making a decision. But I didn't expect the situation in India to change so fast, and with the help of competitors, Dabor suddenly became the target of criticism from the entire Indian society. The whole country of India was furious, and no party dared to touch this minefield. Therefore, the Dabor giant power plant project, which could have become Enron's second profit support point after the British Teesside project, became Enron's largest project. Loss-making projects."
Thinking of the predicament at that time, Rebecca Mark's tone also became a little melancholy.
After pondering for a while, Guo Shouyun continued: "The legal system in the third world countries is not as perfect as that in developed countries. If you want to invest here, the biggest risk is not capital, but politics. Enron's investment in Dabol was a sole proprietorship from the beginning. Holding a controlling stake means that its future will not be ideal.”
“We also thought about cooperating with local Indian companies, but the chairman of the company, Ken Lay, refused. The Indian officials sent by Maharashtra to the United States to attract investment gave so many guarantees that most of them Forget the risks."
"Indians are really sneaky!"
Guo Shouyun nodded in agreement.
“Apart from politics ~www.wuxiaspot.com~ we also lack investigation of the Indian market. The cost of generating electricity from natural gas is too high and the price of electricity is completely above the market price of electricity in India. If the Maharashtra Electricity Board buys Dubbo In order to recover the cost of the entire project, it has to pay 30 billion US dollars for the electric energy of Ernest. This has become the biggest attack point of the opposition and the Indians. It is also the officialdom of Maharashtra. The motives of Enron are impure, Best proof of exploiting India. . . . We handed the 'gun' to the Indians and let them kill Enron, how ironic!"
"In fact, the root cause of all these problems is within Enron. If it wasn't for Ken Lay's alienation from Enron's management and strategic planning, and Jeffrey Gilling's one-sided pursuit of scale rather than true profitability, Richie, who has the ability to control the company, Enron wouldn't have gone bankrupt if Kinder left too soon."
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