Chapter 468 Get involved in the UK's largest commercial TV group(1/3)
Chapter 468: Getting involved in the largest commercial television group in the UK
2 o'clock in the afternoon, London Financial Street.
In a conference room at BMW Financial Services UK.
Ferdinand Piech, who was very angry at Abel's childlike attitude, was having a conversation with a German named Joachim Milberg.
Joachim Mülberg is the global chairman of the German BMW Group.
His position is equivalent to that of Ferdinand Piech.
However, Ferdinand Piech is an important figure in the Piech family and is equivalent to one of the major shareholders of the Volkswagen Group.
When it comes to dealing with group affairs, Ferdinand Piech is more powerful and persuasive than Joachim, a senior wage earner in the BMW Group.
Therefore, the person who served as the leader of the delegation in the morning was naturally Ferdinand Piech.
But for the Rolls-Royce car, Joachim also came to London.
Well... Stefan's father, Herbert Quandt's second wife.
Mick smiled bitterly.
The capital of the Great Yin Empire is a ghost place where the most common weather of the year is rain.
This is to use the limited funds of British ITV to prevent the company's stock price from plummeting, which would cause a series of uncontrollable chain reactions.
As an important member of the Piech family, he is one of the richest tycoons in Germany.
But now, the CFO is obviously not in the mood to talk to the CEO about the ITV Digital mess.
Suddenly, Mick's pocket trembled.
Because the Quandt family is probably actually the richest family in Germany...
As soon as he raised his head, he saw Quincy, the company's chief financial officer, pushing the door open and barging in with a livid face.
ITV Digital is the name of a pay digital channel owned by ITV in the UK, similar to pay TV stations such as HBO in the United States.
"This must be a pleasant thing for us, you, and the American."
Mick, who was still smiling a little, turned off the phone after hearing the other party finish speaking quickly.
"What does Mr. Quant mean?"
He is one of the richest men in Germany and one of the most influential tycoons in Europe.
Joachim sighed and said in a somewhat indignant tone:
"Rolls-Royce is a conspiracy! A Yankee conspiracy!!"
If you trace back to the roots, you can even find that this family is actually very related to World War II.
The morning's negotiations broke up unhappily, which made Volkswagen's global chairman very unhappy.
"Ferdinand, I suggest you contact Lower Saxony or Berlin. As for me, I can only contact Mr. Quandt for this kind of thing."
It was only this year that Mick Desmond gained the trust of shareholders and became the number one person on ITV in the UK.
It is one of the major broadcasters of the Premier League, but it has been unable to make ends meet recently and has been losing money, even to the point of implicating its parent company ITV in the UK.
"What on earth do you mean? What on earth are you talking about? Joachim, do you mean to give the Rolls-Royce to the American guy for almost free according to his request? No, that is not a gift at all.
, that was taken away by him!"
A greater sense of humiliation arose in Ferdinand's heart than when Byrd and John Wieland, the representatives of both parties at the time, were threatened by Abel with a US military base when they met Abel.
Mick Desmond has been working hard on this since he took office, just like now.
Looking at the red numbers on the LCD wall that kept beating, Mick's face turned pale, his fists were clenched, veins popped out, and his lips were trembling.
Mick Desmond was able to take over this year because the former CEO of ITV in the UK mishandled the ITV Digital matter.
In the UK, a financial country, almost any large-scale company, regardless of industry, has a financial department.
Ferdinand nodded, and the two set off for London Heathrow Airport.
Ferdinand Piech was a little confused.
The clouds were thick and the raindrops were heavy.
British ITV has lost 30% of its total market value in five years, which is equivalent to its investment back then. It has also lost 30% in a few years...
Ferdinand Piech also knew what was going on.
Faced with Ferdinand's complaint, Joachim, who received the news from the big boss behind the scenes in the morning, couldn't help but frown.
"Just now, our stock price fell below 16 pounds and began to plummet. The tracking results are that someone is shorting our stock, and the other party is very powerful..."
The seemingly glamorous Piëch family is nothing in front of Quandt.
Many times, stock trading, or investment, is an important business activity for British companies...
After listening to a series of bad news reported by Quincy, Mick's eyes widened, "What happened? How come the bad news came one after another? Who is shorting us? Quincy, you are the CFO of the company, you are not
Do you understand?"
The "Mr. Quandt" in Joachim's mouth is one of the two core figures of the Quandt family, the richest family in Germany. His name is Stefan Quant.
Even the former CEO resigned due to losses, and the stock market value dropped by 30%.
Relying on this relationship, Herbert Quandt was the chairman of the largest arsenal in the Third Germany...
His entire face turned completely black, and he threw his phone directly against the wall with a ferocious expression. His whole body trembled and he roared loudly. He stretched out his hand to support the table beside him to support his swaying body.
(British stocks are the same as US stocks, rising is green and falling is red.)
15.9
15.4
14.8
…
Joachim received "bad news".
At this time, even if the British ITV wants to spend money to support the market, it is just a drop in the bucket, just giving delicious food to a greedy monster that has opened its huge mouth.
Stefan and his sister Suzanne control more than 50% of the BMW Group.
Mick finally lost his temper and said, "Start the repurchase plan..."
"Fake! You sons of bitches who deserve to go to hell..."
ITV is the second largest radio and television group in the United Kingdom, and its full name is the Independent Television and Broadcasting Group of the United Kingdom.
It was as if he, Ferdinand Piech, had caused this incident.
Then ITV can naturally become the boss of the British commercial television network, much more powerful than the British Sky TV station controlled by Murdoch's News Corporation.
I just didn’t go to the headquarters of Smith Financial Group in person.
But this matter happened to involve us, the general public.
"Hello, I'm Mick Desmond..."
After listening to Quincy's explanation, Mick was silent for a few seconds, and then suddenly cursed: "This bitch!!"
"Scheie!!!"
It can be said that the Quandt family is one of the masters behind the scenes in Germany.
In the afternoon, Ferdinand was still a little dissatisfied with the Quant family's requirements that Joachim told him.
London.
Grabbing the phone and taking Quincy with him in the office, the two hurried to the financial department.
What's even more amazing is that such a figure actually escaped post-war liquidation and can continue to be an oligarch.
Taishan Beidou in the automotive industry, a giant in the global automotive industry.
Joachim Mülberg ignored Ferdinand's slightly sarcastic words.
He opened his eyes: "Abel Smith has taken a fancy to our ITV. His British Smith Media Group has everything except an influential TV station group. It just so happens that our ITV is such an influential TV station group.
.so……"
night.
"This is the only possibility. Otherwise, as you said before, we have no money at all and are not suitable to be the prey of financial giants. Otherwise, Murdoch's people will not be so kind as to call us.
.”
Because of this clear understanding, Ferdinand also understood what it meant when Abel refused to give BMW a free Rolls-Royce.
Did you see it?
These industries are all Germany’s advantageous industries!
"What's the meaning?"
"Mick, just now, Augusto from News Corp. called us to inform us that News Corp. and Sky TV are willing to provide financial help to ITV."
To be continued...