Extraordinary Genius

Fu Te's credit rating is declining at this time. If they don't want to exchange cash for saving, then the company's business will inevitably become worse. Maybe it will be the same as the same use, and it will fall into the dilemma of high interest rate borrowing.

It is rare that such a company expresses interest in their business and can also take out cash, which is too important for them to get out of the woods.

Although the conditions of the other party are very harsh, it is not unacceptable. Compared to the quagmire, they prefer to sell some business, so that their core Fut and Lin Biao are preserved.

Forte really took the initiative to find the door as they expected, and lowered some conditions.

However, Ralph is still not satisfied.

There are only three factories in North America, no more, no cheaper, unless you first dismiss the workers.

Huaxia’s joint-venture company shares all want it, but if Furt even makes concessions, he would only give a small joint venture company shares. As for the brand, the three brands of Leopard, Land Rover and Volvo, Ralph said And want all the shares and rights, do not leave a trace to Fu Te.

It also means that the other factories in Furte can no longer continue to produce these three brands of cars.

Tata Motors also wants Futel's high-end car brand Mercury. This Fute has not agreed to give up the brand. They will have vacancies in the mid-range market. After all, they are only minority shareholders.

The inside of the leopard is Feng Yu's, and the Land Rover is the favorite of Tata Motors. Woerwo is a state-owned subsidiary, and is incorporated into a car company to enhance the technology of the car and enhance its international competitiveness.

There are some bad assets in it, and Ralph asked for all the divestiture. Of course, Fu Te can't promise. They promised not to transfer the bad assets of other brands to this, but the bad assets that originally belonged to the three brands must be included.

In other words, the acquisition of all the business of the three brands, while carrying some debts and obligations.

In the past, these debts and obligations were more, so the price of the three brands sold was not high, mainly due to the misappropriation of non-performing assets.

At this time, these non-performing assets are not as high as their predecessors, so the price demanded by Fu Te has also become higher.

The entire business of the three brands, plus the entire shareholding of a domestic joint venture, was valued at $7.4 billion and included nearly $3 billion in debt.

Of course, according to Ralph's request, all employees of these companies need to re-sign the contract and sign the contract according to the requirements of the wind and rain control. Those who have passed the assessment before re-employment, once the layoffs are made, the compensation is funded by Fu Te and Feng Jian. Pay on average.

There are a lot of small details, and each one can make them argue for a long time. Because of any small detail clause, it may represent tens of millions of dollars in interest.

These negotiators also naturally have tasks. Who can perform better and create more benefits for the company. Then they are given a promotion or a big salary.

......

"Ralph, how is it going?" Feng Yu lay on the lounger by the pool, basking in the sun, warm and comfortable.

"Boss, the framework has been negotiated, the details have not been reached. Mercury failed to win, but a joint venture company in China has already included."

"Well, as soon as possible, the longer the delay, the higher the debt of those companies. The sooner you enter the reorganization mode, the sooner you can create profits."

When it was possible to drag, the longer it was dragged, the more scarce the funds were, and the more they wanted to sell these assets, the more they would be able to suppress the price.

However, the current amount of the contract has been determined. Now it is the aspect of discussing some details of the assets. The longer the delay, the more non-performing assets in the assets that Feng Yu bought them, so Feng Yu will suffer.

Foote is also anxious because they also want to get cash soon, so that they can save the company's other business earlier, especially their credit company.

In the case of both sides being anxious, both sides have also made some concessions. I will suffer some losses in this clause. You will lose some money in the next clause, in the hope that the contract will be signed as soon as possible.

The same use is still waiting for the wind and rain holdings to continue to talk to them about other business things, but suddenly received a message, Fengfeng Holdings acquired many important businesses of Fu Te.

This is the sale of the three major auto companies in the country after the sale of the shares of the Huaxia JV Company a few days ago.

Moreover, this time is much more important than the sale of the equity of the joint venture company. Fu Te directly sold all the business of the three brands, including the equity of some factories and a joint venture company in China.

Forte has a total of seven brands, of which the code is only a shareholder.

This time directly sold all the business of the three brands, which is quite rich in half of the country.

Many people think that Fu Te's board is crazy. Fu Te's expansion over the years will be destroyed by this sale. Fu Te's global strategic plan will once again be stranded. They will be in Europe and Asia. Further narrowing, perhaps Fu Te's production and sales this year will decline several times.

However, companies such as the same use understand the difficult situation of Fu Te. Before, Fu Te, like them, continued to mortgage the assets to maintain the normal operation of the company.

Although this time the sale of all the important business of the three important brands, but also reduced the burden of the company, but also returned a large amount of cash, these cash, maybe let Fu Te through the storm.

The media exclaimed that the wind and rain holding group was really rich and wealthy. It just spent more than six billion dollars to acquire the entire shareholding of the same car in the magic capital, and then acquired half of the Fu Te car. Is Feng Yu really planning to enter the auto industry?

However, it seems that these businesses acquired by the Wind and Rain Holdings Group are only passenger cars, not including commercial vehicles. So, is Feng Yu planning to let the company take the route of BMW? Specialized passenger cars and their technical research and development, without commercial vehicles, can become the world's top car manufacturers.

This kind of acquisition is actually very difficult, not just the agreement between the companies, but also through multiple procedures. For example, when the acquisition of the leopard, the land tiger and the Wowo, it is necessary to pass the EU's consent, and of course, the consent of the political axe of the country.

These Feng Yu are not worried, Fu Te will try every means to public relations, let these institutions agree.

Without acquiring these businesses, the Wind and Rain Holdings Group is not a big opportunity to expand, but it is a heavy disaster for Fu Te.

In order to survive this difficult time, Fu Te was ridiculed by many peers, saying that they were swallowed by the wind and rain holding group, and they never argued.

Between half and all bankruptcy, they chose the former. As long as the company can still operate normally, then this century-old car company will be able to stand up again!

When the contract was signed, Feng Yu told Xu that he would inform the domestic bankraising, and then everyone...divided these assets! (To be continued.)