"Our group will work on expanding the influence of our existing brands and invest more in developing talent."
Shen Wan gave a very formulaic answer and, escorted by his bodyguards, dodged the throng of reporters trying to block his way.
For a major merger like this, the acquisition wasn't just a matter of handing over money.
The merger of the two luxury groups involved realigning multiple brands.
The original senior executives were bound to be purged.
Fortunately, Shen Wan had the personnel Qi Sheng provided, so he easily completed the transition.
A new team of Asian executives took charge, signifying that Qi Sheng still maintained tight control over the newly merged Misha Group.
The merged Misha Group had a market capitalization of around 82 billion US Dollars. This placed it in the 100 billion to 1 trillion tier.
Under the system's enhancement authority, it would receive a 60% revenue boost.
