My capital is quite large.
Chapter 433 Professional
10:00 AM, Milan, Via Fogazzaro.
The conference room on the top floor of the Prada Group's global headquarters building.
The atmosphere on both sides of the oval conference table had plummeted to freezing point.
Originally, in the minds of the two big stars, Tang Yan and Liu Shishi, the business negotiations between the so-called old European aristocracy should have been a showdown of great gentlemanly manners, emphasizing "magnanimity" and "decency".
Both parties should use a highly cultured tone and smile as they exchange views on the contract.
however!
The moment the conference room door closed...
The shocking scene unfolding before their eyes left Tang Yan and Liu Shishi, who were sitting in the side seats, completely dumbfounded!
Fang Qing, who was always elegant and dignified, slammed her hand on the table!
With one hand, she loosened the top button of her shirt and, speaking fluent Italian at a rapid pace, like a Gatling gun firing through the air, filled with a lot of northern Italian dialect and slang, she pointed at the nose of Marchio, the head of the Prada family, and passionately began to speak:
"Bullshit! Don't give me that nonsense about some so-called century-old craftsmanship!"
Fang Qing threw the audit report in her hand in front of the negotiating representative opposite her, her words as sharp as knives, exposing Prada's true colors:
"Open your eyes and take a good look at your financial statements this year!"
"Net profit for the first two quarters plummeted by 4.3% year-on-year!"
"The group's earnings before interest and taxes (EBIT) plummeted by 11.2%!!"
Fang Qing pointed to the gloomy sky outside the window, giving the other party no room to argue:
"The classic 'saffron bag' aesthetic is getting tiresome! A complete collapse in the Asian lower-tier market! Add to that the feudal, family-style foolish decisions made by your management, and Prada has been utterly crushed by Kering and Richemont in the overall luxury goods rankings of Europe and America!"
"Right now, Prada is barely surviving on the last bit of cash left by its early Hollywood film of the same name. In the capital markets, it's like a patient with one foot in the ICU!"
Faced with this ruthless approach, which practically ripped open Prada's wounds that it had been trying to conceal for years, they were met with a barrage of criticism.
The Prada family executives, seated across the long table, were flushed with anger. The elderly Italian man at the head of the table slammed his fist on the table and loudly protested, gesturing as he spoke:
"This is malicious slander! This is a normal cyclical correction in the global luxury goods industry! We are undergoing a complete restructuring with a younger designer team..."
"Don't give me that vague, unrealistic talk about the future! I only look at the data!"
Fang Qing wasn't buying it at all and coldly gave her first round of offers:
"Fixed price!"
"130 million euros in cash!"
"I want 5% of the original capital increase shares of your Prada Group!!"
……
"Are you crazy?!"
Upon hearing the outrageous figure of 5%, the Italian man across from me nearly popped his eyes out and started yelling like a middle-aged woman who'd been stepped on at a market:
"1.3 million euros for 5%? You might as well rob a bank!"
"That's absolutely impossible! We'll give you a maximum of 2%! No more than that!!"
"2%? Are you trying to fob me off like a beggar?!"
Fang Qing did not back down, her eyes sharp as an eagle's:
"4.5%! If it's less than that, there's no point in continuing the discussion!"
"My God! This is robbery! 2.2%! This is the limit for the family board of directors!"
"4%! Plus, we have celebrity endorsements and resource allocation across all channels within Southeast University!"
"2.8%! We can't go any higher, that's the bottom line!!"
"3.8%! If you don't sign today, I'll take this hundred million euros in cash and head to Rome to find Valentino tomorrow!!"
"3.5%!! The Virgin Mary is my witness, 3.5% is already the price we pay for betraying our family's ancestral precepts!!"
……
"make a deal!"
A glint flashed in Fang Qing's eyes, and almost within half a second of the other party uttering the 3.5%, she decisively pushed the contract over:
"Bring the contract! Sign it!"
……
The entire process was so intense that it almost felt like the ceiling was going to be blown off.
Tang Yan and Liu Shishi, sitting on the sofa behind, had their red lips slightly parted, their hands holding mineral water bottles frozen in mid-air, looking at each other in bewilderment.
The two leading ladies, who had never seen anything like this before, were completely bewildered.
This... this is the real process of top Wall Street investment banks acquiring European luxury brands?!
There was no red wine, no violin, and certainly no gentlemanly conduct whatsoever…
This is even more barbaric and violent than a middle-aged woman at the market arguing with a vendor over two cents' worth of green onions!
however.
Two and a half hours later, after all the legal terms had been finalized, the head of the Prada family, looking like he had suffered a great loss but had no choice but to sign the papers with a forced smile...
When I saw the contract clearly written in black and white—[For 1.31 million euros, I will acquire 3.5% of Prada Group's equity]!
Sitting in the return carriage, Tang Yan pinched her thigh hard, wincing in pain!
3.5%! !
That's a full 3.5% of the shares!!
Before this, according to her estimate, if she could get 1.8% of the shares after spending 1 billion yuan, she would be lucky!
And now...
This woman named Fang Qing, through nearly two hours of shouting and cursing, managed to extract almost double the equity from Tangshi Film and Television!
"Shishi..."
Tang Yan clutched the contract bearing the official seal tightly, muttering to herself in a daze:
"I understand now..."
"What... truly defines professionalism?!"
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