Rebirth

Chapter 722

Li Feng is really interested in what Li Zekai said about Wing Dao Firm. It's not about how much Wing Dao firm can make. They practice a partner franchise system.

In fact, looking at the high operating income of Wing Dao, most of the partners below make money. Each PwC firm is an independent legal entity. For the founder's family, it is just a reputation.

Through such a world-class firm, for Li Feng, making money is the second most important resource. The established network and global partnership are the most important resources. As one of the world’s four largest firms, PricewaterhouseCoopers is still very important. Cow fork.

Regarding the accounting firm in Hong Kong mentioned by Li Zekai, Li Feng's first thought was Yongyongdao's Yongdao firm. After all, PricewaterhouseCoopers merged with PricewaterhouseCoopers to form PricewaterhouseCoopers firm. Li Feng still listened to this matter. Said.

Naturally, I have a certain understanding of PricewaterhouseCoopers and Wing Dao in this life, and will not make some common sense mistakes. For example, in the past, Li Feng once thought that Wing Dao was founded by Mr. Rong Yong Dao.

In fact, until this life, with the continuous expansion of Li Feng's company, after several cooperation with several major accounting firms, Li Feng has a certain understanding of PricewaterhouseCoopers and Yongdao.

...

The English abbreviation of PWC in later generations is PWC, which is the first letter set of the last names of the three founders. Among them, PW represents the PriceWaterHouse international firm founded in the 19th century in England.

C is also the first letter of the surname of Cooper Brothers (Cooper Cooper), which was founded in the 19th century in England, and is the C in today's C&&L.

In the 1950s and 1960s, the then Cooper Brothers firm, LRB&&M in the United States, and McDonald Gurier firm in Canada merged into the current C&&L.

As for why it is called PricewaterhouseCoopers in China, there is also the credit of Yongdao Yongdao, a partner of Yongdao Firm in Hong Kong. Since the 1980s and 1990s, PricewaterhouseCoopers and Yongdao have entered the China market.

Yongdao Firm was originally called Coopers&&Lybrand (transliterated as Coopers. Lybrand), and'Lybrand' means'profitable' in Cantonese. As a partner of C&&L's Hong Kong, Yongdao To say that the name is unlucky and oppose the English translation of the Chinese name.

Finally, Yong Dao, a big man in the Hong Kong accounting industry, simply proposed the name "Yong Dao". Naturally, the global partners of C&L initially opposed this term. You want to use your name as a Hong Kong citizen to replace a hundred years. The name of the old shop is really crazy to foreigners.

Judging from the final result, Yung Yong Dao was successful. It is said that after Yung Yong Dao has communicated with global partners such as the United Kingdom and the United States over a year of correspondence and telephone conversations, he has been arguing from all aspects including cultural differences.

In the end, Yongdao was recognized by them and took a step towards the localization of international accounting firms in China.Later, with the merger of PricewaterhouseCoopers and WCC, it created the glory of PricewaterhouseCoopers, one of the world's five largest accounting firms in the early days.

...

In his previous life, Li Feng only knew that Yong Dao founded Yong Dao Accounting Firm in Xiangjiang, and then Price Waterhouse cooperated with Yong Dao. He had always thought that Yong Dao was founded by Yong Dao.

Only after contacting in this life did I understand that the very Chinese name "PwC" came from this way. At the same time, I learned that Rong Yong Dao of Xiangjiang is not the founder of Yong Dao at all, but only the business of Yong Dao. It’s just a partner of Heung Kong.

Li Feng also admires Rong Yongdao, a big man in the Xiangjiang accounting industry. After all, we must let these foreigners accept their own names to name their accounting firm, although it is only a title from China instead of the world. You can imagine how many difficulties there are in appellation.

Now the old man Rong Yongdao has retired. This old man is indeed a great man. It is said that he is also one of the members of the drafting committee of the Hong Kong Basic Law. He is a top celebrity in both the political and business circles of Hong Kong.

Therefore, when Li Zekai said that it was possible to acquire Yongdao Firm, Li Feng was still quite interested, but Li Feng also knew how difficult it was.

Think about it as long as you use the name "PricewaterhouseCoopers" in China, you can't get around the person and name of Rong Yongdao. This is an opportunity to stay in the history.

After thinking about the situation of the two major firms, PricewaterhouseCoopers and Yongdao, I can roughly guess the result. There is little expectation for the acquisition and the possibility of acquisition is too small.

If it were only to acquire the partner firm of Rong Yong Dao of Xiangjiang, it would be possible. It is almost impossible to acquire all the Yong Dao firms in the world.

These firms all adopt the partner franchise system. If they want to acquire all of them, they have to talk to each partner one by one. Who has this energy?

...

In the next two days, Li Feng made arrangements for Gucci and Saint Laurent, including the shares of the two companies, and the shares controlled by the holding companies.

Tom Ford also gave up the shares of Saint Laurent and changed it to a holding company, which was diluted to 3% of the head office.Including the option setting of the rest of the management, etc., also, on the surface, Li Feng controls 10% of the shares.

Secondly, the management of the two brands was retained, and through Deloitte and appointed board members, etc., began to understand the two companies comprehensively.

Finally, after another three days, Li Feng, with a little makeup and a changed appearance, took the two beautiful ladies and wandered around the beauty of Paris.

The Louvre, the Notre Dame Cathedral, the Eiffel Tower, the Arc de Triomphe, the Palace of Versailles, the Champs-Elysees, Paris Spring and other world-famous places for leisure tourism and fashion shopping, have welcomed Li Feng and two beautiful women. .

Similarly, in the past few days, Li Feng has also received Li Zekai’s analysis on the possible acquisition of Yongdao Firm. As Li Feng himself analyzed, Hong Kong’s Yongdao Firm is possible, but it is impossible globally.

Another point is that Li Chaoren heard a message through Li Zekai, and Singapore’s Qiu family and the Xiangjiang Bao family have contacted them, asking Li Feng to return to Xiangjiang as soon as possible, saying that he can contact him.

Li Feng is also aware of the importance of Standard Chartered’s shares. According to historical understanding, it is almost impossible to obtain the shares in the hands of the Qiu family. Li Feng can only sell it himself. However, the Bao family can let Bill or Li Shanquan, let's try to contact Li Chaoren first.

...

In the same few days, the news of Gucci Group’s change of ownership spread throughout Europe, and the news that Gucci is preparing to delist from the two major exchanges also spread throughout Europe. As for the new owner, it has also begun to spread. Li Feng, the newly emerging super tycoon.

This is also the reason why Li Feng has to make up and dress up during his travels in the past few days. Otherwise, he will always have trouble being recognized, and playing will become a joke.

With the spread of the news, especially when it began to spread wildly in the U.S. mainland, Li Feng's influence in the U.S. mainland once again greatly increased.

As a superpower, Los Angeles and New York are the world's entertainment and fashion centers, but the top fashion brands, to be honest, are more popular in Europe. This is still uncomfortable in the hearts of most Americans.

I have to say that the American people are actually very proud in their hearts. When the news came that the super-rich of the American Emperors could acquire the top fashion brands in Europe, they naturally won the minds of ordinary people.

The news in Europe and the United States has been very lively in recent days, and they are all reporting on Li Feng's acquisition of Gucci. People in the European fashion circle naturally feel that the wolf is coming, and the American emperor naturally expresses praise and pride.

......

On this day, a group of people gathered in the lobby, and at the same time, the hotel service staff were busy loading all the luggage of Li Feng and his group into the car. Obviously, Li Feng's leisure time was about to come to an end.

"John, are we going to visit Henry Jaye?" Li Zekai asked Li Feng.

"Of course, a quick fight, no matter whether it succeeds or fails, I will return to Xiangjiang as soon as possible. I am going to visit Qiu and Bao's family."

"OK, let's go!" Little Superman naturally understood what Li Feng said about the Qiu Bao family, and agreed to reply.

"Sister Qing, Sister Min, let's go!"

"Well... I've long wanted to see it!"

"..."