Extraordinary Genius

Chapter 1632: Trouble with the same car (8/10)

In the new century, financial companies are finally on the path of previous generations, and this has set the example for other similar companies, namely, that the company is going bankrupt and the political axe is going to find a way to take over.

Previous life was not a new century finance company taken over by two housing groups, but this world has changed, perhaps because the negative news of this world is stronger than it was last, and other companies are afraid to take over.

The two Housing Groups not only took over the New Century Finance Corporation, but also many similar companies. Certainly, specific negotiations are still under way, and these negotiations are primarily aimed at protecting the interests of those investors.

This investor, not the people who bought stock or bonds in the financial markets, but the big shareholders, who don't have time for that.

At this time, however, Feng Yu did not stare at the two housing groups. Even if a large enterprise is to be protected against bankruptcy, it takes a certain amount of time.

Feng Yu just arranged for Ralph and others to continue digging into the negative news of those small real estate finance companies, making the subprime mortgage crisis more intense and deeper for the two housing groups.

If the two housing groups had just taken over one or two of those businesses, perhaps the crisis would have survived. But this is also true in the United States, where it is said not to be widowed but to suffer from inequality.

Can't you say that Miguo Axe directs the two housing groups to help the bigger New Century finance companies, and then ignores the death of the other real estate finance companies?

This will slowly plunge the two housing groups into the dilemma of boiling frogs in warm water, and by the time they react, the bad assets will have fallen.

At this time, Feng Yu was staring at the same car in the US. At this time, Feng Yu remains the world's number one automobile group.

It was also the subprime mortgage crisis that drove the same car into bankruptcy, culminating in the US and Canadian political axes that allowed the same car to start again, and the same car made many trade-offs, such as selling shares in the joint venture company in Huaxia.

……

“Mr. Malfoy, our Windstorm Holdings Group is very sincere. Your company is in a deep debt crisis and selling our shares in Huaxia JV will greatly relieve your stress. ”

“And no company has enough cash reserves like our Rain Holding Group to pay up to a fraction of the cash, and then either give some stock, or pay in stages, which doesn't solve the problem at all for you. ”

“If your company wishes, you can sell some of your brand assets to us at the same time, which will also reduce your expenses and help you reduce your losses. ”

Ralph had Jiro's legs and a confident smile on his face.

The boss is absolutely right. The same car, the world's number one car company, is definitely in trouble. Otherwise, he wouldn't have asked for a hint, and the other president would have come to the door himself.

“Ralph, Huaxia is the most important automotive sales market we have developed in the new century. Huaxia is also our favorite and fastest growing market. In order to enter the Huaxia market, we did not hesitate to accept very strict joint venture conditions, and we are also the number one producer and seller in Huaxia joint venture. ”

“This share, we never intended to sell, and that joint venture, has been making money. ”

Ralph interrupted Malfoy's words: "What do you mean, you only consider selling if you lose money in business? So why are we buying it? You need cash now to save other businesses, dump baggage, anything anybody can do, but nobody wants to take it. ”

“We at Rain Holdings are rich, but not stupid. And if you don't mind, our boss's subsidiary, Iceland Machinery Manufacturing Group, is Huaxia's largest automobile manufacturing company. You demons share less than a quarter of Iceland Machinery Manufacturing Group, and there are Volkswagen, Crazy Field joint venture companies, and Magic Du's own brand. ”

“But together, you are not as good as a brand of Songjiang Automotive, let alone two sub-brands of Oriental Deer, Pokémon, etc. under Ice City Machinery Manufacturing Group. Believe it or not, we don't need anyone else's help, just Ice City Machine Manufacturing Group, to make your demons share the downturn this year? ”

Malfoy's face flashed with a little anger. This Ralph is too arrogant. What does that mean, if we don't sell it, you can't repress him?

That's a joint venture enterprise, and it's a two-thirds stake in Huaxia's state-owned capital. Feng Yu dared to suppress Huaxia's automobile enterprise. Aren't you afraid of Huaxia's political axe?

But if it's normal business competition, they can't say anything. And once Feng Yu did, the same car would add to the snow.

As Ralph said, it's not that nobody likes the shares they share in the joint venture in Huaxia, but the other party can't afford too much money and wants to buy some shares and phase payments.

It is also used to ask for cash to help the head office get through the crisis. Huaxia's shares are profitable in themselves. Stage payments and stocks, though seemingly significant, are not helpful.

They also knew that the Windstorm Holding Group now had plenty of cash, so they came to the door on their own initiative. They have also considered the possibility of increasing the competitors' strength, but there is really no alternative.

And all they intend to sell are brands that are not native to the US, that is, to ensure that the North American market is not lost, and that their share of the South American market increases will still guarantee that they are one of the world's leading automotive companies.

“Mr. Ralph, there are other companies, and we don't have one option to acquire shares in our Huaxia joint venture. ”

“For the time being, of course, we should give priority to the Rain Holding Group, but not absolutely. As for your desire to acquire our other sub-brands, it is not impossible to talk about them, we are also interested in selling shares in some sub-brands and even including some fully owned sub-brands. ”

“So, I have a catalog for you, which one do you look like? You can contact me. ”

Ralph laughed, “Don't bother, you share nearly 30 brands of automobiles, we don't see much. I have also prepared a catalogue, which we intend to acquire. Take a look and get back to me. ”

Malfoy is stunned. What do you mean, Windstorm Holdings has long wanted to acquire the brand of their shared car? How do they know that sharing has been a financial dilemma when they have been the world's number one automotive company?

Malfoy took a deep look at Ralph and left with the catalogue.

……