Recast youth

Chapter 1685 Integration
Ye Feng was really speechless.

In the two lifetimes combined, I am almost in my early 40s. Why did I mature so early?Wen Yueqi used the word "precocious" to describe her, which was really uncomfortable and awkward.

However, when Wen Yueqi saw Ye Feng's rebuttal, she turned around with a smile and looked at Ye Feng with an indescribable meaning in her eyes: "Is it too much?"

Ye Feng forcibly stared at Wen Yueqi's lethal eyes and raised his voice slightly: "Isn't it too much?"

"Excessive?"

Wen Yueqi looked at Ye Feng intently, her smile did not diminish, and asked again: "You are so much younger than me, am I not qualified to talk about you?"

"Okay, you are qualified..."

Ye Feng retreated, not that he couldn't refute, but that he really didn't have the courage to look at Wen Yueqi. His eyes were so lethal that when he looked at each other, he would subconsciously feel guilty and lose control of his heart. Live bang bang bang bang.

If it weren't for Wen Yueqi's status being too upright, Ye Feng really wanted to curse a monster in his heart, but just looking at himself made him a little unbearable.

Sure enough, if the queen releases a little electricity easily, the lethality will really kill people.

"Hmph, wouldn't it be over if you just admitted it earlier?"

When Wen Yueqi saw Ye Feng giving in, she couldn't help but slightly curling up the corner of her mouth with a hint of joy. This about Ye Feng was also what Wen Yueqi always thought was very cute about him. If a man only had maturity but no cuteness, how boring would that be?

Ye Feng couldn't take advantage of Wen Yueqi's words, so he had to complain to Yang Qingzhi: "Oh, you can't be reasonable with women."

"You said that, not me."

Yang Qingzhi said with a smile.

Ye Feng glanced at Yang Qingzhi in surprise. He never expected that this guy would not stand for his side at this time and turned around and sold him. Out of the corner of his eye, he noticed that Sister Qi was once again trying to argue with him. , Ye Feng quickly changed the subject to Yang Qingzhi and said, "By the way, there is something I haven't asked you yet."

"whats the matter?"

Yang Qingzhi looked at Ye Feng.

Ye Feng's attention has always been on Wen Yueqi. What he said just now was deliberately interrupted to divert Sister Qi's attention. After seeing Sister Qi cast a curious look, Ye Feng asked Yang Qingzhi: "Hilton Hotel and Phase One Carl was one of the two projects you recommended to me, but Freescale is not going to talk about it now. Why did you want to buy the Hilton Hotel? Is it really optimistic about it, or is it for other reasons?"

Upon hearing this, Yang Qingzhi did not rush to answer, but asked Ye Feng: "Are you optimistic about the follow-up after acquiring Hilton Hotel?"

"I do not know."

Ye Feng shook his head.

"You do not know?"

Yang Qingzhi was stunned for a moment. They had spent US$40 billion of their own money to acquire the Hilton Hotel, and had leveraged US$200 billion in loans from investment banks. When asked if Ye Feng was optimistic about the follow-up to the acquisition of the Hilton Hotel, he actually said he didn't know.

Ye Feng really doesn't know what acquiring Hilton Hotels will bring to him. He doesn't even know why Hilton is worth 240 billion US dollars and what the valuation is based on.

All previous valuations were conducted by Yang Qingzhi and Wen Yueqi.

All Ye Feng knew was that Maple Leaf Capital wanted to acquire the Hilton Hotel, and the purchase price was US$240 billion. He didn't know how much more it would cost.It's not just him, Chen Huang is probably the same.

However, Ye Feng was a little embarrassed to be asked by Yang Qingzhi. He also imitated Yang Qingzhi and did not answer first, but turned to look at Wen Yueqi: "Sister Qi, what about you, why do you want to acquire the Hilton Hotel?"

Wen Yueqi said: "I saw that you and Brother Yang wanted to acquire the Hilton Hotel. I thought you were very optimistic about the Hilton Hotel, so I followed you. In fact, I am not very optimistic about the acquisition of the Hilton Hotel. It takes up too much capital."

Ye Feng touched his eyebrows awkwardly.

Also, my previous entrepreneurial experience and the bet with Sister Qi on shorting the subprime mortgage market in Country A the year before last will indeed give people the illusion of having a superb vision and an unfavorable investment.

But the problem is that I really don’t know whether the outcome of acquiring Hilton Hotels will be good or bad.

It all depends on trusting the great god Yang Qingzhi.

Thinking of this, Ye Feng looked at his nose and his heart, and said with some embarrassment: "Actually, I don't know much about the foreign hotel industry. My idea of ​​acquiring Hilton Hotels is mainly to have a world-class five-star hotel in my name. first-class hotel, and then when traveling and staying at a Hilton hotel, you can scan your face for free..."

Wen Yueqi was a little stunned when she heard this.

She never expected that Ye Feng thought so.

Wen Yueqi couldn't help but look at Ye Feng and asked: "Then you have never understood the Hilton Hotel?"

"No……"

Ye Feng said honestly.

Wen Yueqi pinched her eyebrows helplessly, and said with a headache: "You have 240 billion US dollars, which hotel can't you stay in? I thought you had a plan for such a big thing, but you have been thinking about staying in a hotel for a long time to brush your face for free. "

Ye Feng, the "irrational and weak" villain, complained first and said: "Why are you just talking about me? You should be responsible for the acquisition yourself. You are also one of the partners of Maple Leaf Company. You should not have your own ideas." ?"

"It is true that I am responsible for the acquisition, but I am responsible for the valuation and negotiation of Hilton." Wen Yueqi said helplessly.

"Forget it, there's no point in talking about this now, it's a done deal."

Ye Feng reconciled decisively and turned the topic to Yang Qingzhi: "Brother Yang, please tell me your thoughts on acquiring Hilton. This is your first big deal after your comeback. It must be for the purpose of appreciation, right?"

Seeing Ye Feng's look, Yang Qingzhi shook his head with a smile and said: "At that time, I recommended you the Freescale and Hilton hotel projects. I had indeed considered them. Freescale is one of the top chip companies in the world. With the Internet, With the rapid development and upgrading of mobile phones, the chip industry will undoubtedly shine in the next 10 years. However, in the past few years, there will be a cold winter period with no cash flow. As for the acquisition of Hilton Hotels, because I think It’s a very interesting company.”

"In fact, many large companies are losing money. Why are they losing money? It's because they are too bloated, have no vitality, and have no integration."

Yang Qingzhi paused, looked at Ye Feng and continued: "Integration is often a turnaround for a company's profitability. Hilton Hotel is composed of four different businesses and has never integrated its businesses, so it operates four independent companies. These four companies should have been merged together. They were also very tired and stopped global expansion. Maybe there was a special reason. They stopped for about 20 years, so we have a lot of expansion work to do, and I also believe we can do it. , Hilton Hotels has four businesses. If we integrate these businesses, we can save 5 million US dollars per year. When you multiply 5 million times 12 times or 15 times, this is a huge valuation. This is My original idea that prompted you to acquire Hilton Hotels was, first, we could save $5 million a year by integrating the four businesses, and then we could collect management fees and open hotels around the world without investing any money on our part. Come and make another $5 million..."

Yang Qingzhi was chatting and analyzing with Ye Feng the variable changes that could be made after the Hilton Hotel was acquired.

This made Ye Feng once again realize why Yang Qingzhi became the king of PE on Wall Street. What is the happiest thing about people?The happiest thing is buying something you like.

And then it can actually help yourself make money.

(End of this chapter)