I’m Almost Losing to a Muggle

Chapter 767: Unload the mill to kill the donkey

"I'm about to lose money into a Muggle Novel Cool Notes ( Find the latest chapter!

"Top suppliers, is there anything more appropriate?" Pei Qianlong asked.

This carries the meaning of school examination.

If this Liu Xia is really capable, then they don't need to pay special attention to this project.

"For motors, you can try Bosch's motor business in Germany. In the middle of last year, Bosch Group announced that it was studying a strategic plan for the reorganization of the engine and generator business units, including finding partners or acquirers." Liu Xia came with open mouth, not only Know the industry well, and can more accurately grasp the key points.

Bosch.

If you are not so familiar with Bosch, Siemens has finally heard of it.

Bosch is a precision machinery and electrical engineering company, which is a German company like Siemens. Bosch is also quite large and is the world's largest supplier of automotive technology.

In 1967, Bosch and Siemens jointly established the Bosch-Siemens Home Appliances Group, referred to as Bosch Home Appliances.

In September 2014, Bosch Group and Siemens AG have reached an agreement. Bosch Group will acquire 50% of the shares held by Siemens in the joint venture company at a price of 3 billion euros. Bosch Home Appliances becomes a wholly-owned subsidiary of Bosch Group, Siemens home appliances business. Owned by Bosch, the Siemens Group is no longer involved in any home appliance business.

In other words, what we usually see Siemens ice washing is actually Bosch.

And for the serious Siemens, they don't do home appliance business now.

In recent years, Bosch has continued to increase its weight in the field of home appliances, while Siemens has been deeply involved in the field of electrical engineering.

"I've heard of this, but don't you think it is an IQ tax?" Although Pei Qianlong is not involved in the auto industry, a bunch of Chinese companies have waved banknotes and wanted to buy Bosch with a snake. How big is this gimmick? How big.

Even if the acquisition is only a business of Bosch, it is enough to make headlines.

Regardless of whether there is any use value or not, it will also receive dividends in terms of share price and Zheng Ce's support.

"If it is only the acquisition of traditional motor projects, there is indeed the suspicion of IQ tax. As far as I know, our Huaxia Enterprise is negotiating with Bosch. The transaction includes start-stop motor, one-button start-stop, 48V motor and a compact car accessory. The new start-stop motor and other traditional motor business of the company is not useful, but what I am talking about also includes their new energy vehicle motor sector." Liu Xia did not rush, and has recovered from extreme tension.

This aspect is what he is best at, and in his own field, he has no need to be nervous.

Of course, Pei Qianlong was able to catch the key points at once, and he was obviously not a fool.

In the first round, the two felt sympathy.

"Bosch is unlikely to sell it. Now that new energy vehicles are so popular, I think they will sell the traditional motor business and use the money they sell to increase the motor sector of new energy vehicles." Ximing Xiangxi returned to Ximing Xiangxi, but Pei Qianlong had nothing at all. Plans to release water.

"In 2015 and 2016, this SGHolding, the engine and generator division of Bosch, had revenues of 1.49 billion euros and 867 million euros, and net profits of -47.99 million euros and -52.76 million euros. There are nearly 7,000 employees in 16 regions of the country, but the market share is constantly being compressed. In order to reduce the burden, the group will gradually spin off and sell. What they really need to increase is the global home appliance business with higher profit margins."

"You know it in detail. You are a researcher on autonomous driving, and what do you do with so much research?" Pei Qianlong was a bit speechless. Do you know if you compare me.

No one can make me unable to speak in front of me.

"One of my classmates at MIT is an executive of SGHolding. As long as I promise that he will be in charge of SGHolding after the acquisition, he will definitely help us negotiate a good price." Liu Xia smiled embarrassedly.

"In the temple." Pei Qianlong almost applauded.

Yes, that's it. Starting Point Novel Network

When you are negotiating, know all the bottom line of your opponent, and there are people who help you whistle. There is no business that cannot be negotiated.

Shi Shanshan pretended not to hear.

If you take it seriously, the two men in front of her are plotting an economic crime.

Chen Xiaoman didn't understand, she just thought that these two men were very powerful.

"If both traditional motors and new energy motors are needed, how much will it cost?" Pei Qianlong asked.

Bosch motors are definitely a good thing.

The Bosch Group is one of the foundations of the German automotive industry. Its motor business occupies 17% of the global market and has heavyweight customers in the automotive industry.

Although it is at a loss, a lean camel is bigger than a horse, and where is the accumulation of technology.

"If we calculate according to the projects they discussed with China, their low price is 500 million euros. If we buy SGHolding as a whole, the low price my friend revealed to me is 1.2 billion euros. Of course, they must They will raise the price to 1.5 billion or even 2 billion. Just ignore them. Few have the courage to eat such a money-losing goods that loses tens of millions of euros every year." Liu Xia is now an insider. I have got.

The current exchange rate between the euro and the Chinese currency is 7.29.

Even if the lowest price is won, it will cost 8.8 billion.

8.8 billion to buy a money-losing goods, let alone domestic, no one in the entire global capital market has such courage.

Of our domestic auto companies last year, only three had net profits exceeding 8.8 billion.

"I think it's OK, Mr. Shi, Mr. Chen, what do you think?" Pei Qianlong is quite interested in this sale.

We should also buy some good stuff from abroad and come back to play around.

"I have no objection, but I have to remind you that your classmate, who can sell the company he serves today, may not be able to sell us tomorrow." Shi Shanshan does not object to this acquisition plan except for her reservations about their methods.

"Hehehe." Liu Xia smiled embarrassedly.

"Haha, not bad, not bad." Pei Qianlong praised.

Shi Shanshan closed her eyes, what kind of people are he cold?

"If 8.8 billion, there is 21.2 billion left." Chen Xiaoman broke his fingers and settled the accounts~www.wuxiaspot.com~ Without knowing that around her, a scene of unloading the grind and killing the donkey was about to be staged.

In fact, the billions allocated by the autonomous driving project team before did not spend much.

"For batteries, there are two options. One is to inject capital into the Ningde era. In the battery sector, China is not far behind. There is no way to buy this, but to inject capital." Liu Xia said.

"What about another option?" Grandpa Pei became more and more satisfied with Liu Xia.

"From the perspective of last year's new energy power battery market, the leading companies are concentrated in China, Neon, and Bangbang, corresponding to the China Diaby and Ningde era; Bangbang LG, Samsung and SK; Neon's Panasonic and AESC. The second option is Neon’s AESC."

"AESC, is it Nissan's?" Father Pei asked.

7.29 RMB Euro

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