We're building a super chaebol in Hong Kong
#847 - Leyland Motor Group's response
Just as Mairis was heading to Kwai Chung to find Lei Juet-kun, the man in charge of Kowloon Motor Bus, in the chairman's office of the Leyland Motor Corporation in London, England, an aide was reporting something to the chairman.
Chairman Steven Anastasi had not been with Leyland Motor Corporation for long, having taken office in 1975, after the British government took over Leyland Motor Corporation, and had only been in office for just over three years.
The previous chairman had already been dismissed by the board of directors due to the poor results of his reforms.
After taking office, Steven Anastasi also considered making major reforms to Leyland Motor Corporation.
However, thinking about the situation of the previous chairman, he realized that standing in this position was not a good thing, as he was constrained in his actions and unable to exert his power.
In many matters, he was subject to the board of directors, especially since the board was divided into two factions, or rather, three.
These three factions were conservative, radical, and neutral.
Steven Anastasi was considered a member of the radical faction, but the number of conservative members on the board was greater than the number of radical members, which meant that even if he wanted to do something radical, he couldn't, because the conservatives would oppose it.
However, since the Iron Lady took office, this seemed to be changing.
Steven Anastasi strongly supported the Iron Lady's style, because he felt that they were the same kind of people.
This could be felt from the new policies constantly being issued by the UK.
As for the neutral guys, they were actually fence-sitters.
After discovering that the policies were starting to change, their neutral stance had begun to tilt, tilting towards the radical faction.
Once the neutral board members changed to supporting them, the conservatives' voting rights would be less than those of the radical faction.
This allowed Steven Anastasi to see an opportunity for Leyland Motor Corporation to undergo major reforms again.
Zhang Qizheng, through relevant connections, had conveyed the news that he intended to acquire a car brand to Steven Anastasi as quickly as possible.
For Steven Anastasi, this was also an opportunity.
An opportunity to both increase Leyland Motor Corporation's revenue and reduce losses.
"Mr. Su Cheng is actually interested in Austin?"
After the aide finished reporting, he left, and Steven Anastasi stayed in the office to study the feasibility of selling the car brand.
He didn't expect that the first to apply to Leyland Motor Corporation to buy a car brand was not a major car brand, but Su Cheng, this super-rich man.
But Mr. Su Cheng doesn't seem to have any involvement in the automotive industry, does he?
Steven Anastasi thought about it, and it seemed that he didn't.
In England, Su Cheng's reputation was as well-known as it was in Hong Kong, almost everyone knew him.
Steven Anastasi was naturally the same, and he had some understanding of some of Su Cheng's industries.
"If it were other brands, such as Mr. Su Cheng wanting to buy the Rover brand, this deal might not be possible, but the fact that he has taken a fancy to Austin, which doesn't have a very high profile at the moment, means that a deal with Mr. Su Cheng might be possible," Steven Anastasi pondered.
As long as he could persuade the neutral people on the board, the conservatives wouldn't be able to stop this deal at all.
Moreover, if it was just selling the Austin brand, the conservatives shouldn't excessively obstruct it.
At the beginning of the group's merger, the owner of Austin Cars also had a say on the board.
If they were still there, they would naturally prevent this deal.
But Austin had already transferred all of its Leyland Motor Corporation shares through transactions more than a decade ago.
In addition, in the past two years, Leyland Motor Corporation had focused on the joint venture with Honda Motor in the production of ordinary cars, and Austin had long been abandoned by them.
Therefore, Austin's presence in the entire Leyland Motor Corporation was becoming lower and lower.
Steven Anastasi was definitely inclined to reach this deal, even if Su Cheng had not yet made an offer.
After making a decision, Steven Anastasi planned to discuss this matter with his key subordinates first, and then find a way to persuade the neutral people.
If they were going to sell, they had to do it as soon as possible.
There were so many car brands internationally, it wouldn't be difficult if Mr. Su Cheng wanted to acquire one.
Steven Anastasi didn't want to miss this opportunity.
The latest novels are available at 69shu.com!
The current Leyland Motor Corporation was barely surviving on government funding subsidies almost every year.
If the burden was reduced and there was a new source of income, it would undoubtedly be good news for the entire Leyland Motor Corporation.
While discussing this matter with his subordinates, Steven Anastasi also asked his subordinates to send the news of the intended sale back to Zhang Qizheng.
In the era of telephones, information was transmitted quickly.
Less than half a day after Zhang Qizheng sent the message, he had already received a response from the other party.
"Boss, Leyland Motor Corporation has replied to me, they intend to sell Austin, and even several other car brands such as MG, but they need me to go over and discuss the details with them." In the evening, Su Cheng, who was playing badminton with Ajiao, Amei, Zhong Chuhong and others in the courtyard of the villa, received a call from Zhang Qizheng.
"Uncle Zhang, then you go and talk to them. As long as it's within the market price range, you can decide what level you can negotiate to, Uncle Zhang," Su Cheng said directly.
Acquiring a car sub-brand under Leyland Motor Corporation was not a big deal.
If it were Volkswagen or General Motors, that would be a big deal.
Zhang Qizheng had already given an estimate before. If it was just acquiring a sub-brand, spending 10 million pounds would be the limit. This was an exaggerated direction. Speaking lower, maybe a few million pounds would be enough.
After all, how could it be too expensive to acquire a car brand that was in a loss-making state!
The difficulty of the acquisition was just whether the other party agreed to sell it. If they agreed to sell it, for Su Cheng, this was a small business, even smaller than acquiring China Motor Bus.
In addition, moving all the technology and production lines of this brand to Hong Kong was also a difficulty. Even if others agreed to sell the car brand, they might not agree to move the production line away from the UK. If they could be persuaded, then everything would be easy to discuss.
Because of this, Su Cheng had never considered going to the UK from beginning to end.
It was too far, and he couldn't possibly run over there from thousands of miles away for this little thing.
Although the British royal family also invited him to visit the UK, Su Cheng had been delaying the time with the excuse of being busy with work and not having time for the time being.
"Okay, boss, after I arrange things in Hong Kong, I'll go to London. I should leave within this week, and I'll negotiate with you as soon as possible!" Zhang Qizheng replied.
(End of this chapter)
You'll Also Like
-
All heavens return
Chapter 619 1 days ago -
Naruto: A pair of hands of gods and ghosts at the beginning
Chapter 266 1 days ago -
The first genius of American manga
Chapter 392 1 days ago -
Marvel's strongest warden
Chapter 448 1 days ago -
Konoha's Black Absolute Rebirth
Chapter 54 1 days ago -
Am I doing something wrong while playing games in another world?
Chapter 216 1 days ago -
Harry Potter Raven's Claw
Chapter 651 1 days ago -
I don't believe in the will of fire
Chapter 259 1 days ago -
HP Approaches the Magic World
Chapter 918 1 days ago -
My elf is a beautiful girl
Chapter 229 1 days ago