Chapter 614 Huaxie Group

"Your Highness, according to the relevant information of the British Motor Group, they have sent a team to negotiate with the Daimler Group on the acquisition of their shares in McLaren Technology Group..."

Soon after Bonnie gave birth to Richard Cavendish, the mother and son returned to their home in Kensington to recuperate.

And Barron would also take time to accompany them at home during this period.

After hearing Zhang Junning's words, Barron nodded and said:

"Pay attention to the follow-up situation. The Daimler Group should not refuse to sell McLaren's shares."

Before, the British Motor Group acquired 30% of the shares of McLaren Technology Group from Ron Dennis and his partner Mansor Oye. The two of them currently hold 15% of the shares of McLaren Technology Group respectively.

The other 40% of the shares are in the hands of Daimler Group, the parent company of Mercedes-Benz.

However, now, the shares of McLaren Technology Group held by Daimler Group may also be sold - this is not only affected by the subprime mortgage crisis, but also because Mercedes-Benz is preparing to acquire an F1 team to form its own team, so cooperation with McLaren is no longer necessary.

However, the acquisition price of British Motor Group needs to be determined through negotiations.

In addition, in addition to owning shares in McLaren Technology Group, British Motor Group also cooperated with it to form McLaren Automotive Company again, preparing to restart the civilian car project of McLaren sports cars in addition to the racing team.

Their latest supercar model will also be launched this year...

In McLaren Automotive Company, British Motor Group holds 49% of the shares.

If it can take over the shares of McLaren Technology Group held by Daimler Group, then British Motor Group's shareholding in McLaren Technology Group will reach 70%, and in McLaren Automotive, its direct and indirect shareholding will also reach a very high proportion, thus basically controlling the company.

In terms of engines, the McLaren team has been using engines provided by Mercedes-Benz since 1995, and the two sides have a 13-year history of cooperation.

However, after Daimler Group launched McLaren Technology Group, they naturally could not continue to provide their engine platform to the team for free. At that time, McLaren will replace its engine platform with the products of Cosworth Engine Company under the British Automobile Group.

"In addition, Your Highness..."

Zhang Junning continued:

"Regarding the sale of international publishing rights of magazines related to the Hachette Group under the Lagardère Group, in addition to our SEM Group, the Hearst Group in the United States has also expressed interest in this, and they have sent people to join this negotiation."

"Give me the most detailed information..."

"I have brought it for you, and I will give you the follow-up information immediately."

Baron took the information handed over by Zhang Junning, looked through it carefully, and thought about it.

When he went to France before, Baron met the heir of the Lagardère Group, one of the largest media groups in France, through Sarkozy's introduction, and at the same time, the two sides also forged a "friendship".

Barron's goal is to be able to participate in the sale of the family property of this "prodigal son" again.

Lagardère Group is a comprehensive media, machinery manufacturing, aerospace and telecommunications group company in France. The group has a publishing company, a satellite company and an aerospace company.

Lagardère Media Group is one of the world's three largest publishing groups and the first media giant in France; the group currently owns 259 magazines around the world, including "ELLE", "MARIE CLAIRE" and "Paris Match".

For example, facing the subprime mortgage crisis this time, their physical and telecommunications group businesses were also affected, so Arnault Lagardère made the decision to sell some media assets.

This time they are going to sell the Hachette Group under Lagardère Media Group.

The French Hachette Group is affiliated to Lagardère Media Group, and its international journals include British women's magazines "Red", "Sugar" and "Inside Soap".

The group has a total of 212 magazines, of which 80 are published and distributed in France, including "ELLE" and "Psychologies".

This time, Hearst Group set its sights on the international publishing rights of magazines under the Hachette Group, and they offered 600 million pounds to obtain these publishing rights.

Barron is no stranger to the Hearst Group.

After all, Amanda Hearst and Lydia Hearst are from this family.

It can be said that the Hearst Group was once extremely prominent. It is a privately held company founded in 1867. Its five core business areas include newspapers, television, cable television, magazines and business information, making the company's business development balanced and diversified.

Hearst International Group is one of the world's largest diversified media companies, and its main business includes ownership of 15 daily newspapers and 38 weekly newspapers.

Even in the British market, Hearst Group also owns the UK's National Magazine Company, which publishes a series of lifestyle magazines, including Harpers Bazaar, Country Living, Good Housekeeping, Reveal and Esquire.

If the Hearst family completes this acquisition, they will have the publishing rights of Hachette Group's wholly-owned or joint venture companies outside France, such as Britain, America, and European businesses in the Netherlands, Italy and Greece.

At the same time, it also has partnerships in Asian countries and regions such as mainland China, Hong Kong and Taiwan, South Korea, and Japan.

However, long before Hearst Group, SEM Group had already made an offer for Hachette Group.

Like Hearst Group, they not only hope to acquire Hachette Group's overseas distribution rights, but also prepare to acquire Hachette Group as a whole.

In this regard, SEM Group's offer is more than 1.5 billion pounds, and the specific price is still under negotiation with Lagardere Group.

But what Barron did not expect was that Hearst Group also joined the bidding this time.

But this is not surprising, because compared with SEM Group, Hearst Group has more experience in operating magazines around the world, and after obtaining the overseas distribution rights of Hachette Group, they will become one of the largest magazine publishing groups in the world.

After seeing these materials, Barron couldn't help but think of Amanda Hearst.

Of course, she is not too involved in her own business at present, but since the last time they separated, Barron has not heard from her. Lydia Hearst called him before, but she was also vague.