Chapter 166： Joint venture

Just like what William Chen told Ivanta at the reception the day before, the negotiation between Meta Investment Company and the Troup Group soon came to a conclusion.

Meta Investment Company will invest $1 billion at the current market value of the Troup Group of $2.5 billion, and will hold a 28.6% stake in the Troup Group with a post-investment value of $3.5 billion. After this investment is reached, the Troup family's shareholding in the Troup Group will be reduced from 56% to 40%, and it will remain the controlling shareholder of the group.

Following the completion of this investment, Meta Investments will also form a joint venture with Tropp Group, Tropp-Chen Business Management. This company will mainly operate in the Asian market, and Meta Investment Company will invest 500 million US dollars to hold 70% of the shares; Troup Group will provide its high-end real estate and hotel brand authorization and corresponding human resources, plus 100 million US dollars of funds, Holds 25% of the shares; Ivanta is responsible for the management of the company and holds 5% of the shares.

As the president of Trump-Chen Business Management Company, Ivanta will transfer real estate and hotel management talents from the Trump Group to form the basic personnel of the company, and then go to Huaguo to find suitable investment projects. At present, it is determined that it will start from the hotel industry and first select the first-tier cities in China to invest in the first Troup Building there.

This joint venture was originally beneficial to the Troupe Group. Originally, the Troupe Group had plans to reduce the company's expenses by laying off staff and to survive the subprime mortgage crisis. Now Ivanta can choose a part of the personnel and fill it into the joint venture, which can be regarded as a disguised relief for the Troup Group.

Of course, Ivanta must be based on her own old team, so as to ensure her control of the company.

When Ivanta chose Huaguo's first stop, the location of Huaguo's first Troupe Building, Chen William suggested that she could go to Modu to try it out. After all, as a foreign-funded enterprise, it is a more foreign-friendly place. .

When I went to China with Chen William before, Ivanta, accompanied by Deng Wendi, went to the magic capital for inspection, and was deeply impressed there, so Chen William's suggestion was also in her heart.

After she was ready to complete the company's structure in China, she set off for China and began to look for a suitable address for the Troup Building.

After completing the signing of these cooperations, Troup specially issued an invitation to William Chen. Tonight, he will hold a reception at his home. He knew that the cooperation between the two parties had been reached, so he invited William Chen to attend.

Uh, this is the first time William Chen and Ivanta have been together, going to her house. I'm not nervous, but it feels a little weird. After all, her family is familiar to everyone in her previous life.

The dinner party did not invite too many people, mainly Ivanta's family, as well as some partners who are close to Trump.

William Chen arrived with Ivanta. After her introduction, William Chen also officially got to know her family, including Ivanta's older brother Donald Jr., and her brother Eric, who was three years younger than her. All three of them were born to Trump's first wife.

Also, it is Trump's wife at this time, that is, his third wife, Melanna.

Since Ivanta's sister Tiffany was in school at the time, and Melanna's three-year-old son for Troup, neither attended the banquet.

At this time, he became a shareholder in the Troup Group, and everyone knew about his relationship with Ivanta, so he regarded William Chen as his own. Troup patted William Chen on the shoulder and said:

"I gave Ivanta the most love, but now her heart goes to you."

I am afraid that what he is referring to is, in addition to the accident of Chen William and Ivanta's love affair, and some dissatisfaction that Ivanta temporarily left the Troup Group and went to the Troup-Chen Business Management Company, a joint venture with Chen William.

After all, she has always been the vice president of the Troup Group. It can be said that in addition to Troup himself, Ivanta has the greatest power in the group. Tropp has always cultivated her as his successor. She left the group all of a sudden, and it was a headache to find someone to replace her.

However, William Chen understands that Ivanta's choice is inevitable, as long as he chooses to support Ivanta. After all, in the Troup Group, she still has to follow her father's advice in most things, just like Ivanta was optimistic about the development of Huaguo Real Estate before, but because of Troup's previous cooperation with Hengda, it was over. She was more concerned about the development of the group in the United States, so she rejected her proposal.

And Ivanta has been fascinated by her since she was a child, and she is also very ambitious. Now that she has the opportunity to take charge of a company by herself, she will naturally not let it go.

As for Troup's other children, who can help at this time, except for Ivanta, there are only two adult sons left, but Donald Jr. prefers politics to business. The second son, Eric, is not as talented in business as Ivanta. He currently manages the Troup Winery and prefers to do charity.

It's no wonder that Trump has been handing most of the group's work to Ivanta before.

Chen William invested in the Troup Group, which relieved the group's financial pressure, and now Ivanta has the opportunity to take charge of a company with a scale of hundreds of millions of dollars alone, and is naturally in a very good mood.

She has been holding William Chen's arm intimately and said to him:

"I wish there was a chance for my mother to meet you."

The "mother" in her mouth naturally refers to Ivanta's biological mother, who is also Troup's first wife.

Although Ivanka has a good relationship with Troup's current wife Melanna, the closest person to her is naturally her biological mother, so it doesn't matter what she would say.

"I'm looking forward to it too, Ivanta. I'll definitely visit her when I get a chance."

...

Ivanta's main job at present is to first set up the structure of Troup-Chen Business Management Company, and then go to Huaguo to continue the inspection.

And Chen William took this opportunity and did not start to continue his work.

By the end of December, Goldman's Camilo Hagen had completed the acquisition of stock held by Netflix's institutional shareholders.

In the past two weeks, Netflix's stock can be said to be one of the most dazzling stocks in the entire US stock market. The stock price has continued to rise from about $11 before. Today, Netflix's stock price has reached $25. Shares more than doubled.

In the current environment where all stock prices in the entire stock market are bleak, and most stocks have been cut in half, the performance of Netflix's stock price has naturally attracted the attention of many people.

Of course, behind the rise of Netflix's stock price, in addition to the factor that William Chen's funds have been accumulating in the secondary market, it was noticed that some people were absorbing a large number of Netflix stocks, and the follow-up funds also played a big role.

Although Netflix's stock price was raised to $25, most of the stocks that William Chen bought were bought under $15, and when everyone realized that the stock price started to rise, many people felt Because of the psychology of reluctance to sell, from $15 to $25, although the stock price rose more, there were very few stocks that William Chen really bought.

Therefore, at this time, he was finally able to sign an acquisition agreement with these more than a dozen institutions, and bought a total of about 15 million Netflix shares at a price of $23, plus Chen William from two He has bought more than 5 million Netflix shares in the primary market, as well as 5.415 million Netflix shares issued by the other party that he previously invested in Netflix for $200 million. At present, the total number of Netflix shares he holds is about 25.45 million. Accounting for 37.6% of Netflix's total share capital, it has become Netflix's largest single shareholder.

This time, William Chen purchased Netflix's shares at a purchase price of $23 a share, or about 15 million shares, and spent about $345 million.

The average price of Netflix shares purchased on the secondary market is around $14.2, with a total of more than 5 million shares and a cost of $71 million.

The total amount of funds used in this way is 416 million US dollars, which has increased his stake in Netflix from 8% at the earliest to 37.6%.

After William Chen completed these transactions, Netflix issued an announcement in response to the recent stock price movement:

The company's shareholder Chen William, because he is optimistic about the development of Netflix, believes that the previous share price is divorced from the actual value of the company. Therefore, through the Meta investment company that holds shares, the secondary market repurchases and purchases from institutional investors. The total number of shares of Netflix has increased by about 20 million shares. Currently, it holds 25.45 million shares of Netflix, accounting for 37.6% of the shares, making it the single largest shareholder of Netflix.

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