Chapter 962
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To put it bluntly, Ronald Perelman's role in Sir Gao's eyes is to do dirty work. Of course, this view must not be publicized. That would be too unkind. Moreover, Ronald Perelman may not only use it once, but his popularity still needs to be preserved.
In business, all kinds of people have their own uses. There are many ruthless looters who are portrayed by the media as mercenary. This shows that "good children" need to be set off by "bad children".
Since breaking up with his father and starting his own business, Ronald Perelman has been a "bad boy" in the capital market. Taking advantage of the junk bond boom since the 1980s, he has frequently launched acquisitions. Cheng has ruthlessly merged and reorganized. If he fails, he will withdraw without hesitation. He doesn't care about his reputation image and making money with Buffett, Usually, the style of appearing as a white warrior is very different.
Ronald Perelman, who was clearly interested and inspired by Sir Gao, should be aware of his business development. Indeed, it is a critical period. He can't always fight guerrilla warfare. He needs a vigorous and direct confrontation to establish a real self-contained kingdom.
As a result, he made great efforts to raise the offer for Gillette Company, making the valuation of Gillette Company rise from more than 4 billion US dollars to 5.6 billion US dollars. The war is not fierce, but it just stopped Gillette Company from suing him and playing the trick of green ticket blackmail - look, I'm serious about buying Gillette Company; In fact, I was serious about acquiring other companies before. As for success or failure, I can't control it unilaterally. This time, I will win it for Gillette.
Sir Gao is not interested in the ownership of Gillette, because Gillette is like coca cola. The color of middy label is too strong. The reason why Gillette goes to the world is largely due to the American soldiers. Since the first World War, it has become a necessary shaving kit for every American soldier. Therefore, it is better to make a profit by buying and selling stocks at most. In terms of control, Only the natives can easily control it. Compared with the giants such as Ralston prina and P & G, Ronald Perelman is also good.
In any case, Ronald Perelman's fierce attack on Gillette has indeed restrained Ralston prina's covet for the perpetual battery company, made the Gulf western company more comfortable, and effectively controlled the acquisition cost while greatly improving the acquisition success rate.
At this stage, the Gulf western company has been firmly ranked among the top 30 of the Fortune 500, and its financial situation is excellent. It is much better than the general motors and Ford, which are relatively similar in nature of operation, with sales of tens of billions of dollars and negative profits, in the two years in the early 1980s.
Of course, there are many acquisitions by Gulf Western companies after all, and continuous adjustment is inevitable, but they all belong to optimization under the premise of benign expansion.
This year, the turnover of the Gulf western company should be about US $13 billion, including the combined sales revenue of more than US $4 billion of newly added members such as Texas Instruments, which has been split out of the national defense engineering business, and the profits on the financial statements can reach more than US $300 million, which is a delicate level that is in line with the rules and can arouse the appetite of investors.
In fact, it's not easy to do this. You know, Gulf Western companies are also expanding through acquisitions, as well as the investment in Pioneer businesses such as mobile cellular communications. There are many places to spend. It all depends on Gao Xian's invisible hand to secretly point out, so it can be so stable as Mount Tai.
From the experience of previous years, the turnover of Gulf western company can rank about 25th on the Fortune 500 list this year, and it has made steady progress. As a business means to build corporate culture and enhance collective cohesion, this honor is still worthy of serious treatment.
Patricia mentioned that the Gulf western company plans to hold a luxury annual meeting to celebrate, and the cost is considerable.
Gao Xian has no objection. The actual control of Gulf western company has been in his hands for several years, and the situation has been completely stable. There is a sense of ceremony. As long as more Group employees can participate and enhance their sense of identity, there is no need to be stingy about the money they should spend.
In short, sir Gao has a positive attitude towards the ranking of Gulf Western companies on the Fortune 500 list. However, when Forbes, a competitor of time, which is planning to launch the global billionaire list, came to the door, he was indifferent.
It has been several years since Forbes launched the 400 list of American billionaires. No matter how the American billionaires listed on the list finally deal with this honor, the scene is really lively anyway, which makes the boss of Forbes, Michael Kang Forbes, have unlimited scenery. It can be regarded as pulling back a point in the long-term competition between Forbes and time.
The response of the 400 billionaires list in the United States is so sensational that Forbes has no reason not to go further and launch the global billionaires list.
No matter what era, data statistics is a university question. Even now, the level of computer data processing is commendable, but the difficulty is still very high. Forbes relies on dozens of reporters to collect intelligence from all over the world. There are public data sources such as the financial reports of listed companies, as well as financial data provided by wealthy individuals. In short, Each exhibition means, how accurate the list is, for example, whether the invisible rich are omitted, different people have different opinions.
Forbes can't make a list of billionaires without the cooperation of billionaires. Usually, when billionaires receive an invitation from Forbes, there are roughly three reactions.
The first kind of billionaires are keen on ranking and want to do something through this intangible capital, so they will respond enthusiastically and try to exaggerate their wealth data.
The second kind of billionaires, on the surface, cooperate with the questions raised by Forbes, but deliberately miss the details. They have a good taste of knowledge.
The third kind of billionaire can be described as cool and does not answer any questions from Forbes.
Sir Gao received the invitation notice from Forbes from two sources, one is the written document of Xiangjiang, and the other is the personal contact of Michael Forbes when he was on a business trip in the United States.
For this list, Gao Xian doesn't catch a cold. The most direct reason is that he has almost no desired benefits, but is easy to expose some privacy.
You know, Gao Xian's sources of income are very diverse. For example, the property robbed from the Treasury of Johnson Matthey bank can't be explained openly. There are more complex gray sources of income, which are gradually transformed and precipitated through the financial system mastered by Gao Xian. Even all families within the scope of Gao Jazz's influence have become "reservoirs".
In Gao Xian's eyes, there are two kinds of financial resources. One is how much money he usually knows, and the other is as powerful as the Morgan family used to be. He can raise a large amount of funds from various channels in a short time, and let them be deployed. Gao Xian is more interested in the latter now.
Before Gao Xian became president of the Xiangjiang exchange fund administration, he had transferred his business contacts. However, according to the statistical method of Forbes, indirect family members are also included. Therefore, it is not easy to avoid this global billionaire list.
Moreover, it has been determined in Xiangjiang that Li Bancheng, Guo Desheng, Zheng Yutong, Li Zhaoji, Bao Yugang and Kadoorie have passed the threshold for listing, and even the Wangs, zhangjias and CAIS on Baodao have passed the threshold for listing. In the public perception, there is no reason why the better Gaoxian family should miss it.
Patricia was also curious. She asked her man about the upcoming Forbes Global billionaire list. I don't know how much wealth the first place will have?
Sir Gao, who has a clear understanding of the level of this era, casually predicted that the data unit of Forbes Global billionaire list is uniformly converted into US dollars. Now the exchange rate of the US dollar against sterling, West German mark and Japanese yen has decreased significantly, and the number at the top of the list is estimated to reach 20 billion.
Patricia spat out her tongue. I think you can talk to Michael Forbes in private.
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To put it bluntly, Ronald Perelman's role in Sir Gao's eyes is to do dirty work. Of course, this view must not be publicized. That would be too unkind. Moreover, Ronald Perelman may not only use it once, but his popularity still needs to be preserved.
In business, all kinds of people have their own uses. There are many ruthless looters who are portrayed by the media as mercenary. This shows that "good children" need to be set off by "bad children".
Since breaking up with his father and starting his own business, Ronald Perelman has been a "bad boy" in the capital market. Taking advantage of the junk bond boom since the 1980s, he has frequently launched acquisitions. Cheng has ruthlessly merged and reorganized. If he fails, he will withdraw without hesitation. He doesn't care about his reputation image and making money with Buffett, Usually, the style of appearing as a white warrior is very different.
Ronald Perelman, who was clearly interested and inspired by Sir Gao, should be aware of his business development. Indeed, it is a critical period. He can't always fight guerrilla warfare. He needs a vigorous and direct confrontation to establish a real self-contained kingdom.
As a result, he made great efforts to raise the offer for Gillette Company, making the valuation of Gillette Company rise from more than 4 billion US dollars to 5.6 billion US dollars. The war is not fierce, but it just stopped Gillette Company from suing him and playing the trick of green ticket blackmail - look, I'm serious about buying Gillette Company; In fact, I was serious about acquiring other companies before. As for success or failure, I can't control it unilaterally. This time, I will win it for Gillette.
Sir Gao is not interested in the ownership of Gillette, because Gillette is like coca cola. The color of middy label is too strong. The reason why Gillette goes to the world is largely due to the American soldiers. Since the first World War, it has become a necessary shaving kit for every American soldier. Therefore, it is better to make a profit by buying and selling stocks at most. In terms of control, Only the natives can easily control it. Compared with the giants such as Ralston prina and P & G, Ronald Perelman is also good.
In any case, Ronald Perelman's fierce attack on Gillette has indeed restrained Ralston prina's covet for the perpetual battery company, made the Gulf western company more comfortable, and effectively controlled the acquisition cost while greatly improving the acquisition success rate.
At this stage, the Gulf western company has been firmly ranked among the top 30 of the Fortune 500, and its financial situation is excellent. It is much better than the general motors and Ford, which are relatively similar in nature of operation, with sales of tens of billions of dollars and negative profits, in the two years in the early 1980s.
Of course, there are many acquisitions by Gulf Western companies after all, and continuous adjustment is inevitable, but they all belong to optimization under the premise of benign expansion.
This year, the turnover of the Gulf western company should be about US $13 billion, including the combined sales revenue of more than US $4 billion of newly added members such as Texas Instruments, which has been split out of the national defense engineering business, and the profits on the financial statements can reach more than US $300 million, which is a delicate level that is in line with the rules and can arouse the appetite of investors.
In fact, it's not easy to do this. You know, Gulf Western companies are also expanding through acquisitions, as well as the investment in Pioneer businesses such as mobile cellular communications. There are many places to spend. It all depends on Gao Xian's invisible hand to secretly point out, so it can be so stable as Mount Tai.
From the experience of previous years, the turnover of Gulf western company can rank about 25th on the Fortune 500 list this year, and it has made steady progress. As a business means to build corporate culture and enhance collective cohesion, this honor is still worthy of serious treatment.
Patricia mentioned that the Gulf western company plans to hold a luxury annual meeting to celebrate, and the cost is considerable.
Gao Xian has no objection. The actual control of Gulf western company has been in his hands for several years, and the situation has been completely stable. There is a sense of ceremony. As long as more Group employees can participate and enhance their sense of identity, there is no need to be stingy about the money they should spend.
In short, sir Gao has a positive attitude towards the ranking of Gulf Western companies on the Fortune 500 list. However, when Forbes, a competitor of time, which is planning to launch the global billionaire list, came to the door, he was indifferent.
It has been several years since Forbes launched the 400 list of American billionaires. No matter how the American billionaires listed on the list finally deal with this honor, the scene is really lively anyway, which makes the boss of Forbes, Michael Kang Forbes, have unlimited scenery. It can be regarded as pulling back a point in the long-term competition between Forbes and time.
The response of the 400 billionaires list in the United States is so sensational that Forbes has no reason not to go further and launch the global billionaires list.
No matter what era, data statistics is a university question. Even now, the level of computer data processing is commendable, but the difficulty is still very high. Forbes relies on dozens of reporters to collect intelligence from all over the world. There are public data sources such as the financial reports of listed companies, as well as financial data provided by wealthy individuals. In short, Each exhibition means, how accurate the list is, for example, whether the invisible rich are omitted, different people have different opinions.
Forbes can't make a list of billionaires without the cooperation of billionaires. Usually, when billionaires receive an invitation from Forbes, there are roughly three reactions.
The first kind of billionaires are keen on ranking and want to do something through this intangible capital, so they will respond enthusiastically and try to exaggerate their wealth data.
The second kind of billionaires, on the surface, cooperate with the questions raised by Forbes, but deliberately miss the details. They have a good taste of knowledge.
The third kind of billionaire can be described as cool and does not answer any questions from Forbes.
Sir Gao received the invitation notice from Forbes from two sources, one is the written document of Xiangjiang, and the other is the personal contact of Michael Forbes when he was on a business trip in the United States.
For this list, Gao Xian doesn't catch a cold. The most direct reason is that he has almost no desired benefits, but is easy to expose some privacy.
You know, Gao Xian's sources of income are very diverse. For example, the property robbed from the Treasury of Johnson Matthey bank can't be explained openly. There are more complex gray sources of income, which are gradually transformed and precipitated through the financial system mastered by Gao Xian. Even all families within the scope of Gao Jazz's influence have become "reservoirs".
In Gao Xian's eyes, there are two kinds of financial resources. One is how much money he usually knows, and the other is as powerful as the Morgan family used to be. He can raise a large amount of funds from various channels in a short time, and let them be deployed. Gao Xian is more interested in the latter now.
Before Gao Xian became president of the Xiangjiang exchange fund administration, he had transferred his business contacts. However, according to the statistical method of Forbes, indirect family members are also included. Therefore, it is not easy to avoid this global billionaire list.
Moreover, it has been determined in Xiangjiang that Li Bancheng, Guo Desheng, Zheng Yutong, Li Zhaoji, Bao Yugang and Kadoorie have passed the threshold for listing, and even the Wangs, zhangjias and CAIS on Baodao have passed the threshold for listing. In the public perception, there is no reason why the better Gaoxian family should miss it.
Patricia was also curious. She asked her man about the upcoming Forbes Global billionaire list. I don't know how much wealth the first place will have?
Sir Gao, who has a clear understanding of the level of this era, casually predicted that the data unit of Forbes Global billionaire list is uniformly converted into US dollars. Now the exchange rate of the US dollar against sterling, West German mark and Japanese yen has decreased significantly, and the number at the top of the list is estimated to reach 20 billion.
Patricia spat out her tongue. I think you can talk to Michael Forbes in private.
To put it bluntly, Ronald Perelman's role in Sir Gao's eyes is to do dirty work. Of course, this view must not be publicized. That would be too unkind. Moreover, Ronald Perelman may not only use it once, but his popularity still needs to be preserved.In business, all kinds of people have their own uses. There are many ruthless looters who are portrayed by the media as mercenary. This shows that "good children" need to be set off by "bad children".Since breaking up with his father and starting his own business, Ronald Perelman has been a "bad boy" in the capital market. Taking advantage of the junk bond boom since the 1980s, he has frequently launched acquisitions. Cheng has ruthlessly merged and reorganized. If he fails, he will withdraw without hesitation. He doesn't care about his reputation image and making money with Buffett, Usually, the style of appearing as a white warrior is very different.Ronald Perelman, who was clearly interested and inspired by Sir Gao, should be aware of his business development. Indeed, it is a critical period. He can't always fight guerrilla warfare. He needs a vigorous and direct confrontation to establish a real self-contained kingdom.As a result, he made great efforts to raise the offer for Gillette Company, making the valuation of Gillette Company rise from more than 4 billion US dollars to 5.6 billion US dollars. The war is not fierce, but it just stopped Gillette Company from suing him and playing the trick of green ticket blackmail - look, I'm serious about buying Gillette Company; In fact, I was serious about acquiring other companies before. As for success or failure, I can't control it unilaterally. This time, I will win it for Gillette.Sir Gao is not interested in the ownership of Gillette, because Gillette is like coca cola. The color of middy label is too strong. The reason why Gillette goes to the world is largely due to the American soldiers. Since the first World War, it has become a necessary shaving kit for every American soldier. Therefore, it is better to make a profit by buying and selling stocks at most. In terms of control, Only the natives can easily control it. Compared with the giants such as Ralston prina and P & G, Ronald Perelman is also good.In any case, Ronald Perelman's fierce attack on Gillette has indeed restrained Ralston prina's covet for the perpetual battery company, made the Gulf western company more comfortable, and effectively controlled the acquisition cost while greatly improving the acquisition success rate.At this stage, the Gulf western company has been firmly ranked among the top 30 of the Fortune 500, and its financial situation is excellent. It is much better than the general motors and Ford, which are relatively similar in nature of operation, with sales of tens of billions of dollars and negative profits, in the two years in the early 1980s.Of course, there are many acquisitions by Gulf Western companies after all, and continuous adjustment is inevitable, but they all belong to optimization under the premise of benign expansion.This year, the turnover of the Gulf western company should be about US $13 billion, including the combined sales revenue of more than US $4 billion of newly added members such as Texas Instruments, which has been split out of the national defense engineering business, and the profits on the financial statements can reach more than US $300 million, which is a delicate level that is in line with the rules and can arouse the appetite of investors.In fact, it's not easy to do this. You know, Gulf Western companies are also expanding through acquisitions, as well as the investment in Pioneer businesses such as mobile cellular communications. There are many places to spend. It all depends on Gao Xian's invisible hand to secretly point out, so it can be so stable as Mount Tai.From the experience of previous years, the turnover of Gulf western company can rank about 25th on the Fortune 500 list this year, and it has made steady progress. As a business means to build corporate culture and enhance collective cohesion, this honor is still worthy of serious treatment.Patricia mentioned that the Gulf western company plans to hold a luxury annual meeting to celebrate, and the cost is considerable.Gao Xian has no objection. The actual control of Gulf western company has been in his hands for several years, and the situation has been completely stable. There is a sense of ceremony. As long as more Group employees can participate and enhance their sense of identity, there is no need to be stingy about the money they should spend.In short, sir Gao has a positive attitude towards the ranking of Gulf Western companies on the Fortune 500 list. However, when Forbes, a competitor of time, which is planning to launch the global billionaire list, came to the door, he was indifferent.It has been several years since Forbes launched the 400 list of American billionaires. No matter how the American billionaires listed on the list finally deal with this honor, the scene is really lively anyway, which makes the boss of Forbes, Michael Kang Forbes, have unlimited scenery. It can be regarded as pulling back a point in the long-term competition between Forbes and time.The response of the 400 billionaires list in the United States is so sensational that Forbes has no reason not to go further and launch the global billionaires list.No matter what era, data statistics is a university question. Even now, the level of computer data processing is commendable, but the difficulty is still very high. Forbes relies on dozens of reporters to collect intelligence from all over the world. There are public data sources such as the financial reports of listed companies, as well as financial data provided by wealthy individuals. In short, Each exhibition means, how accurate the list is, for example, whether the invisible rich are omitted, different people have different opinions.Forbes can't make a list of billionaires without the cooperation of billionaires. Usually, when billionaires receive an invitation from Forbes, there are roughly three reactions.The first kind of billionaires are keen on ranking and want to do something through this intangible capital, so they will respond enthusiastically and try to exaggerate their wealth data.The second kind of billionaires, on the surface, cooperate with the questions raised by Forbes, but deliberately miss the details. They have a good taste of knowledge.The third kind of billionaire can be described as cool and does not answer any questions from Forbes.Sir Gao received the invitation notice from Forbes from two sources, one is the written document of Xiangjiang, and the other is the personal contact of Michael Forbes when he was on a business trip in the United States.For this list, Gao Xian doesn't catch a cold. The most direct reason is that he has almost no desired benefits, but is easy to expose some privacy.You know, Gao Xian's sources of income are very diverse. For example, the property robbed from the Treasury of Johnson Matthey bank can't be explained openly. There are more complex gray sources of income, which are gradually transformed and precipitated through the financial system mastered by Gao Xian. Even all families within the scope of Gao Jazz's influence have become "reservoirs".In Gao Xian's eyes, there are two kinds of financial resources. One is how much money he usually knows, and the other is as powerful as the Morgan family used to be. He can raise a large amount of funds from various channels in a short time, and let them be deployed. Gao Xian is more interested in the latter now.Before Gao Xian became president of the Xiangjiang exchange fund administration, he had transferred his business contacts. However, according to the statistical method of Forbes, indirect family members are also included. Therefore, it is not easy to avoid this global billionaire list.Moreover, it has been determined in Xiangjiang that Li Bancheng, Guo Desheng, Zheng Yutong, Li Zhaoji, Bao Yugang and Kadoorie have passed the threshold for listing, and even the Wangs, zhangjias and CAIS on Baodao have passed the threshold for listing. In the public perception, there is no reason why the better Gaoxian family should miss it.Patricia was also curious. She asked her man about the upcoming Forbes Global billionaire list. I don't know how much wealth the first place will have?Sir Gao, who has a clear understanding of the level of this era, casually predicted that the data unit of Forbes Global billionaire list is uniformly converted into US dollars. Now the exchange rate of the US dollar against sterling, West German mark and Japanese yen has decreased significantly, and the number at the top of the list is estimated to reach 20 billion.Patricia spat out her tongue. I think you can talk to Michael Forbes in private.
