Extraordinary Genius

Marco thinks, this will not be Feng Yu, they deliberately swindle him, Feng Yu did not have the plan to invest in the German group. The fastest update

However, he did not dare to gamble. Feng Yu’s attitude was too strong, and he did not give him a chance to talk slowly. Who makes it so unlucky to use the same car now, is it seriously lacking money?

Although there are not many US$10 billion, it may not be possible to pull the car from the bankruptcy, but this is crucial for Marco.

After talking, then he has the merits, he can continue to sit on the chairman and eo position, and can continue to hold high salaries. The executives of listed companies in general are annual salary + stock rewards. But he doesn't want stock rewards now, just raise the annual salary.

Why, it is not because the same car has to withdraw from the market. The stock price has been in a long-term downturn. If it continues to remain in the market, it will suddenly fall and bankruptcy will be inevitable.

Marco reflected the matter to the shareholders, and naturally included the national axe.

There was a reprimand of Marko, and he thought that he was not doing things well, but he did not dare to let Marco directly refuse. In particular, several major shareholders, eager to get some cash from the same car, the company is now too much money.

Debt management is normal. Many companies are debt-operated, but the debt exceeds the value of the company's assets more than double, or the number is so large, they are unique.

Although they are very clear, it is impossible for the country’s political axe to watch their bankruptcy, because the impact is too great, and it may make the economy of the country worse again.

But it takes time to raise funds from the political axe, and they must fight for this buffer period. And with money, they can also reduce their debts and make some quicker responses to avoid more serious situations.

Before the previous life until Feng Yu was born again, the same car began to profit, and the profit of a year, but a few hundred million dollars.

With an annual output of more than 9 million vehicles, there are only a few hundred million dollars in profits, showing how much their debt impact. The debt thing is getting bigger and bigger.

Feng Yu really returned to his office at this time, paying attention to the affairs of the Dezhong Group.

The development of Dezhong Group in recent years is not very good. In 2004, Dezhong Group had to sell some shares because of poor management and high production costs, so that they could continue to operate.

Of course, it is also because this year, the EU wants to abolish the privileged clauses of the Saxony state axe in the German group, which is actually local protection and limits the rights and interests of other shareholders.

Former Desserts at least managed to operate well in China, earning a lot of money. But this time, the Chinese market, that is the ice city car as the boss, Dezhong and other joint venture car companies can not make any money, Huaxia car companies and the previous life have a big difference, have made alternative technology, and then promote their own brand of cars .

It is said that when the global automobile sales fell sharply last year, the Huaxia market broke through the production and sales of 11 million vehicles. In addition to Bingcheng Machinery, several other large-scale car companies planned by Huaxia Axe performed well.

This point can be seen from the acquisition of foreign brands by Chinese car companies.

This year is also the case. When European and American auto companies rack their brains to reverse the market trend, Huaxia is “the scenery is good here.” The sales volume in the first quarter exceeded 3 million, and the performance is still good. This year, there is a breakthrough of 13 million production and sales.

Dezhong has no advantage in the past Huaxia market, and this life is naturally worse.

When Porsche saw the opportunity, it was said that the Dezhong Group itself was created by the founder of the Porsche Group. The helm at the time was the three generations of the original Porsche, who was a cousin.

The Porsche Group has always thought of “taking back the German group”, so when they took advantage of the stocks of Dezhong Group and issued additional stock financing, they madly ate, increased their equity to more than a quarter, and became the Dezhong Group. The largest shareholder.

Then the Porsche Group promoted the EU to abolish Germany's protection clauses for the German group, so that after becoming a major shareholder, they really have the opportunity to control the German group.

Dezhong Group wants to develop, what if there is no money? They, like many companies, issue some options. That kind of bond, which expires, can be redeemed, or it can be converted into securities of the company's stock.

The Porsche Group loaned 10 billion euros for this and slowly ate it. They claim that they just want to increase their stocks in Dezhong Group, and there is absolutely no idea of ​​acquisition.

In this lie, the Porsche Group has a 42% stake in the German group, and the German political axe was shocked.

At the same time, there are a large number of options, and together, nearly three-quarters of the equity is in the hands.

The Porsche Group didn't have that much money at the time. The market value of Porsche cars is only a few billion dollars. The assets of Dezhong are several times.

So at the time, the Porsche Group not only borrowed money, but also secretly received support from many hedge funds. However, Porsche cars also began to lose a lot of money at this time. They made high-end luxury cars, but they burned money very much. At this time, the debts exceeded 2 billion euros. This is not the arrears of Porsche Holding Group.

The stocks of Dezhong Group have been ups and downs, and many hedge funds have lost money. German political axe has also begun to consider how to counterattack, Dezhong Group can not be acquired, they need money most.

How to raise funds, there are only a few old methods, one is that shareholders take money out, then the Porsche Group, the largest shareholder of Dezhong Group, naturally does not agree.

Or the German political axe pays and tries to buy back the stock. It is a pity that the economic crisis has not caused so much money for the German political axe.

Then it is to let Dezhong Group issue additional shares or issue bonds, but they are afraid that the shares of Porsche Group will soar again, and it will really make Dezhong Group become a subsidiary of Porsche Group.

Therefore, Dezhong Group really contacted Ralph and hoped that Feng Yu could invest in them. They promised high interest rates and hoped that Feng Yu could buy their bonds, but they would not give them equity.

Of course, the Dezhong Group also has an idea that after Feng Yu became their shareholder, the Chinese market is still not open to them, and even the Eastern European market will be open to them.

The acquisition of Porsche and Dezhong is placed in China, which is a typical case of personal swallowing of state capital, but it is legal. And this kind of cousin competition, Feng Yu is not going to blend in.

Dezhong now asks for money to buy the Porsche Group's core asset, Porsche, but the Porsche Group also has a stake in the family of the Dezhong Group. In Feng Yu's view, the two cousins ​​are not in the same position. The German political axe kicked out.

Feng Yu put down the information on the side of the German public, or forget it, and it is not good to be pitted by these two brothers. Now, see if Ma Ke has promised this side, and I hope that this nail in the same car can play a bigger role!

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