Extraordinary Genius

Chapter 1636: Finding an Advance (2/5)

This subprime mortgage crisis has come to light, and many media outlets are propagating that too many financial credit firms will be affected this time, and Fute's auto credit business will naturally be greatly affected.

The three largest car companies in the US, like Fute, and Chrysler, all have their own car credit companies, but at this point they are the biggest.

Furt's costs are also higher, but much worse than the same. And Fut has only a few brands, some equity in Fut, Forest Reclamation, Leopard, Land Rover, Wolverine and Zida.

Much better in brand management than in common use. The reason why Fut survived in previous generations was that they sold the rest of the brand business, retaining only the most basic Fut and Forest Reclamation brands.

Ford's brands sell, they make money. It doesn't look like the same thing. Many brands don't sell when they want to.

Feng Yu actually likes Fu's brand more. This asset is much better than the assets under the same banner. Of course, the price is much more expensive.

There are also brands under Chrysler that Feng Yu likes, such as Dodge and Jeep. Chrysler worked with Daimler, the clumsy parent company, and merged into Daimler Chrysler on an equal footing, but Chrysler's brand is losing a lot of money right now, and will certainly be dumped by Daimler, just like it was in previous lives.

There is already a consortium in the US that belongs to Chrysler, especially since they see the credit company under Chrysler and believe that it is currently profitable and will take over the automobile credit business market.

So Chrysler was abandoned directly by Feng Yu, who now ordered Ralph to dominate the same and Fut car companies.

Others don't know, but Ralph knows very well that Windstorm Holdings doesn't have that much cash, not even $10 billion.

The cash obtained from the sale of the shares of the subsidiaries has been transferred by Feng Yu in the form of dividends, etc. If you buy one brand, maybe you can, you can barely buy both brands. With so many, it's impossible!

If it succeeds, and merged into Iceland Machinery Manufacturing Group, Iceland Machinery Manufacturing Group will become the world's top five automobile producer, with annual output and sales of more than 5 million units!

Of course, the amount of money that needs to be released is also a huge amount.

Conservatively, if all of this were acquired, it would definitely exceed $20 billion!

Footer's CEO did come and talked to Ralph, and he did intend to sell his brand business, but he would never sell their shares in car rental companies, credit companies and Huaxia joint ventures, which are strategic investments and definitely not for sale!

But the shares of Zida, Leopard, Lu Hu, Wo Wei Wo, can all be sold, but now they don't say they're selling the whole brand's business.

None of these brands in Foote were originally from the US, belonged to the European side, and when Foote acquired them, it carried out an asset restructuring, removing a lot of bad assets, which can greatly ease the burden.

At this time, Feng Yu needs to think of something.

The Tata Group, which is seeking to expand its business, is a good ally, and was indeed a Tata car in its previous life, acquiring two brands, Leopard and Land Rover.

And there's another ally, the state-owned capital!

……

“What do you mean, we can acquire these big car brands in Europe and America?” Zhang Ruiqiang asked in surprise.

That's great news! Huaxia Automotive Enterprise, the acquisition of Mihoku Automotive Enterprise, what a long face.

“Why not? State capital now has a lot of money, right, including some pensions and stuff. Why can't you invest this and pay your pension with dividends in the future? ”

“Of course, if the country isn't interested, it doesn't matter, I bought them all, and the Tata Group of India, which is also an important partner of mine, is also very interested. ”

Feng Yu had long known that domestic car companies wanted to really go out. For example, last year, Demon Du automobile acquired the British Mingdu automobile in an attempt to penetrate the European market. Of course, some good technology can also be obtained from the Monsignor.

This step, in previous life, was the pioneer in the overseas acquisition of Huaxia automobiles, but this life is not counted. After all, Iceland Machine Manufacturing Group acquired a number of small automobile manufacturing plants overseas two years ago.

So Feng Yu took the initiative to find Zhang Ruiqiang this time, he was sure that the boss would not refuse.

Besides, Feng Yu didn't pit them either. Those who will give state capital will surely all be high-quality assets. This also means that fertile water has not flowed out of people's fields.

Zhang Ruiqiang felt that there must be something strange about this, how could Feng Yu proactively give up the benefits?

“Just say what you have to offer. ”

Feng Yu “…”

Is it that obvious?

“Well, let me get this straight. There are a lot of assets worth buying in here, and I need some factories in Europe and North America, and some of these technologies, and as for brands, I just want one, and other shakes can be given to you. ”

“As for what I'm paying for, one is to give state-owned capital the opportunity to acquire these top automotive brands, and I'm going to do everything I can to restructure these assets, remove some bad assets, and give you quality assets. ”

“Of course, it will take some time, but no more than a year. And I'm going to get the state-owned assets to take back some shares in the joint venture, which is a long time ago, isn't it? ”

Zhang Ruiqiang frowned more deeply. This is not right. Sounds like Feng Yu paid a lot. The state capital takes up a lot of cheap.

Feng Yu is more patriotic, but it's all cheap to the country, as if he wasn't like that, right? There must be hidden conditions that Feng Yu didn't say.

“Do you have any other conditions? Can't you finish your breath? And the asset restructuring you said took a year. What took you so long? ”

“There are no other conditions, that is the money, the state-owned capital first, after the restructuring is completed, I will pay the money, of course, interest. ”

In fact, this is the purpose of Feng Yu. For a year, Feng Yu's funds have slowed down. Now, Feng Yu's plan is for the state to pay all this money first, and then Feng Yu will pay it back, and then let Feng Yu borrow the funds from the state capital to revolve around.

As for the brands that are given to the country, Feng Yu himself does not intend to eat them all. Multi-brand operation is OK, but there are too many brands, which is a burden.

Zhang Ruiqiang understands that Feng Yu doesn't want money now and wants the brand again. But he also knew what Feng Yu's money was doing.

Also because of Feng Yu's pointer, the overseas financial investment of state-owned capital has made a lot of money in the past few years, not to mention this time he also fled the US stock market in time to avoid losses.

“Okay, this thing works, you wait for my message! ”

……