Font
Large
Medium
Small
Night
Prev Index    Favorite NextPage

Chapter 1,402 Behind the Scenes Dealings(1/2)

Henri Lacamier's return as king and the operation to expel and clean up the usurpers went very smoothly, with almost no obstacles or difficulties.

Because everything is like a script, the two parties have communicated early and made relevant arrangements.

In fact, as early as October 24th and Saturday and Sunday, October 25th, Bernard Arnault raised the white flag and took the initiative to contact Henri Lacamière, expressing his desire to surrender.

He has no other demands, he just hopes to keep his Dior company.

As for the conditions he offered, he was willing to accept all the conditions of Henri Lacamier as long as the control of the Dior company was returned to him and he promised not to get involved in his company or to continue to buy shares in Dior clothing.

, and publicly recognized Henri Lacamière's victory.

Otherwise, he would package up everything he owned and sell it to the Vivendi Group, letting France's notorious capital tycoons fight them on his behalf.

So although on the surface, it seems that Bernard Arnault has reached this point and has completely lost his initiative.

It was as if, as a loser, he could only choose to pay the price of humiliation and beg the other party to be kind and leave him a way to survive.

But in fact this is not the case.

It has to be said that at this moment, he is not overestimating his capabilities.

Especially in the face of his request, even if Henri Lacamier hates him to the core and wishes to eat his flesh raw, he must consider it seriously and not refuse easily.

For no other reason than because the Vivendi Group mentioned by Bernard Arnault is France's famous "paraquat industry".

What this group company is best at is making forced acquisitions with abundant capital, and their acquisitions are almost not affected by the scope of the industry. As long as it is a popular industry or company, this group company is interested.

From the water industry to later television stations, print media, construction, pharmaceuticals, financial companies, etc., they acquired them all without being picky.

Moreover, Vivendi’s acquisition behavior has never had a very good reputation. The routine they play can basically be summarized by the process of “acquisition, restructuring, extracting value, and selling”.

Over the years, almost all companies acquired by Vivendi have ended badly.

What those companies are encountering is no longer a matter of whether the founders can stay on the board of directors, but the fate of the entire company being squeezed dry and then split up, sold, or closed down.

It can be said that the Vivendi Group is a more disgusting piece of shit than Bernard Arnault, with a huge stench.

If LVMH fell into the hands of Bernard Arnault, it would at least survive.

But if Vivendi Group gets involved, it’s hard to say what LVMH will look like in the future.

So precisely because of this, Bernard Arnault's final act of "destroying everything" really became his life-saving straw.

It actually forced Henri Lacamière to negotiate with the two partners who held the majority of shares in Dior clothing, and finally decided to treat him favorably.

It can be said that he seemed to be a desperate criminal who used explosives to coerce the mine owner, and actually allowed him to find a glimmer of hope in the impossible.

That's when the board meeting to announce the transfer of power was held.

Of course, looking at it the other way around, since Bernard Arnault has saved his company, no longer needs to go bankrupt, and has benefited from it, then the loss of face has become inevitable.

Bernard Arnault thought this very clearly.

Why should he let people give up a listed company that is just a short step away from being fully controlled?

Why could he be so generous and forget the things he had humiliated and coerced in person?

Why can he prevent the other party from the joy of revenge just by intimidation?

If the opponent is not allowed to relieve his hatred and fully enjoy the comfort of being a winner, the opponent will never let him go so easily.

The only thing he can offer at the moment is still attractive to Henri Lacamière, which is that he can let the other party regard himself as the winner and trample his self-esteem in public.

To put it bluntly, he has to provide sufficient emotional value to Henri Lacamier.

If Henry could feel the pleasure of defeating his enemy with his own hands, then the anger in his heart would at least have subsided before he would be willing to let him linger on.

At least it would be better to have another fight with Vivendi than to have him go bankrupt first, rather than leaving the enemy with nowhere to vent his hatred.

So he decisively gave up all dignity.

Not only did he do what he said, he honestly admitted defeat and bowed his head, and regarded himself as a loser.

Crucially, he could also do his best to cooperate with Henri Lacamière in declaring sovereignty, handing over financial rights, and helping to clear up the company's personnel obstacles. He can be said to be a flexible and flexible "model prisoner of war."

Because of this, in Ning Weimin's eyes, this guy still has a bit of a heroic demeanor, and his ability to endure humiliation and bear heavy burdens is not comparable to that of ordinary people.

When you give up, you give up, when you give up, you give up. You are really not afraid of embarrassment. No wonder such a person can achieve a successful career.

And Henri Lacamière was also praised very comfortably by Bernard Arnault.

All the demands he made at the board meeting were passed by the entire board of directors smoothly, with no one raising any objections and no one obstructing him.

Not only did Henri Lacamier himself officially become the new owner of LVMH, succeeding Bernard Arnault as the company's chairman and CEO, but he also added Pierre Cardin, an old friend, to the board of directors to become his assistant.

.

At the same time, because he helped Alain Chevalier's eldest son join the board of directors, he resolved the grievances between him and MH. It can be said that everything is prosperous and everyone is happy.

It was only at this time that he truly gained power and became the real leader of the LVMH Group.

This taste is of course different from the past.

So this was not over yet. When the board of directors was about to end, Henri Lacamie, who was too happy, made an impromptu decision and announced that he would hold a grand dinner three days later to celebrate his regaining control of LVMH and the bright future of the company.

Remove depression, calm turmoil, and inspire people.

As for those destined to be purged, the feelings of those subordinates and cronies whom Bernard Bernard re-employed and promoted...

There's nothing you can do about it. The overall situation is more important, and someone has to make sacrifices. Just accept your fate!

Therefore, after the board meeting on October 26, there was no chance to breathe, and LVMH's company management also launched a bloody personnel change.

After a series of important announcements and personnel changes were issued, ordinary employees almost lost their voices. No one expected that the company would undergo earth-shaking changes on this day.

Until they saw Henri Lacamier, whom they were familiar with, walking into the chairman's office, while the original chairman, Bernard Arnault, packed up some things and left like a lost dog.

Only then did they suddenly realize that LVMH had suddenly changed again, and the original chairman had lost power!

Almost most of those promoted by the former chairman were dismissed, while LV traditionalists have been reinstated.

Actually, even two members of the board of directors were replaced.

What's going on?

Didn’t it mean that Henri Lacamière had just been announced as being expelled from the board of directors?

Why did they come back again?

Instead, Bernard Arnault left.

Also, how come LVMH has Pierre Cardin as a shareholder?

Although he is the boss of another popular clothing company, can he also serve as a director of LVMH?

Director Chevalier, is this the eldest son of former MH chairman Alan?

How come he was recommended to the board of directors by the new chairman?

Does this mean that it is the result of a private reconciliation between LV and MH?

Will LVMH in the future really be a world dominated by Henri Lacamier alone?

It really looks like it is,

How is this possible? Do billionaires die so easily?

Could it be that just because of a stock market crash, hundreds of millions of assets will disappear? Isn't this too fragile?

In short, for ordinary staff and outsiders watching the excitement, the sudden change in LVMH is really shocking.

They were completely confused about what was going on. They all focused their curious eyes on it for a while, and they couldn't help but whisper and inquire about the gossip behind their backs. They wanted to know the reason.

Everyone is curious, which is normal. If you can't control it, you will want to talk about it.

But most people definitely don’t have the opportunity to understand these high-level games and transactions behind the scenes.

Of course, ordinary people lack investigative means and can only look at such results and make wild guesses.

Some people say that it seems that Bernard Arnault made some illegal transactions and criminal evidence was in the possession of Henri Lacamier...

Some people say that Pierre Cardon deliberately merged his company with LVMH because he took a fancy to the shell resources of LVMH's listed companies, so he spared no effort to help Henry regain the throne.

From now on, he will play the role of regent in LVMH, and it is very likely that Pierre Cardin will become a subsidiary of LVMH...

Others mistook Ning Weimin for a Japanese, saying that Henri Lacamier found a Japanese consortium for financing. He was able to return to the company with the help of Japanese financial resources. He might be buying Van Gogh and Mo Mo in the future.

The Japanese who created Nye's oil paintings became the actual owners of LVMH...

But then again, other than that, other things don't mean much to ordinary employees.

Anyway, winner takes all, it has nothing to do with ordinary people, as long as the salary is normal, it is enough for ordinary workers.

No one cares about who the actual controller of the group company is. Anyway, the loser is Bernard Arnault. He is the devil. Now that the devil is dead, there will be peace in the company. There will be no internal fighting. Everyone can just cheer.

No need to worry about anything else.

What more do the general public want? Just knowing how to cheer for the winner is enough.

To be honest, the people who really care about what happened within LVMH and whether the company's prospects will be good or bad in the future are the media reporters.

Because LVMH is a very well-known company in France, suddenly such a major personnel change in the board of directors and management will definitely be news that will interest the general public.

Dramatic reversal plots are most popular among the general public, and this is the sales volume of newspapers.
To be continued...
Prev Index    Favorite NextPage