Extraordinary Genius

Both the same and Fut wanted to trade with Rain Holding Group, but they knew that Rain Holding Group was working with Tata Group and then came up with new ideas.

Feng Yu naturally wants to spend less money, and both General and Fu want to sell more money.

Actually, it wasn't much of a conflict, but Feng Yu's other requirement was too demanding. Not one employee on this side of the country, but employees from other regions, have to be vetted to decide whether or not to do so.

Feng Yu's side naturally took advantage of it in order to use the same thing and cut Fu Te first. Abandoned employees will definitely need to find work, so they can re-sign employment contracts with those employees at a more reasonable price, and even this contract can keep the price down a bit.

The same thing and Fut themselves are going to lay off, but this isn't exactly the scale of the layoffs Feng Yu asked for. Although Ralph said he could pay more when he talked to him over there, he still disagreed with Footer.

There are more retired employees and redundancies in their old-fashioned manufacturing businesses. If they sell these businesses and the employees are still in their hands, can they get rid of them all? Certainly only part of it can be cut.

In this way, in other businesses, they are bound to also need redundancies to accommodate these extra employees.

In this way, although they have been laid off a lot, they have not been able to reduce their burdens too much. Even if they take more money temporarily, they will only drink to quench their thirst. By then, the pension, health insurance, etc. of these employees will still be a huge burden.

Feng Yu insisted on this, absolutely not to change. You can pay more, but you don't want these people, you don't want the garbage factories.

When Tata automobiles started operating passenger cars, they did a good job. But after acquiring Leopard and Land Rover, he developed his own car, and started to lose money.

Don't look at the leopards, Land Rover, etc. selling well, but it's more burdensome. If it weren't for those burdens, how could Furt sell Tata cars so cheaply?

Feng Yu meant that he didn't want those liabilities or anything, but General and Fu would never accept them.

Neither the same nor Fut will bear this part of the debt. Fortunately, non-performing assets can be divested through equity restructuring.

You said the bad assets were divested from bankruptcy so the employees of the bankrupt businesses wouldn't find them?

Normally, insolvency reorganizations simply abandon some of the non-performing assets and then place those liabilities on high-quality assets, deferring repayments and relieving the burden.

Many companies abroad simply transfer non-performing assets to a company and then liquidate bankruptcies.

The method is simple, and a legal separation is enough. Bankrupt businesses, looking for someone to carry, have absolutely nothing to do with these quality assets.

The baggage was thrown to the political axe, and the legal person of the bankrupt enterprise had a lot to do with it.

This corporation, too, is simple. Some people in jail on the US side become legal persons, anyway, they will not be able to come out for life, it is good to save some money for their families.

He can't get out of jail, he's not afraid of trouble, anyway, he can't pay his debts, if you can put me out to work to pay my debts.

There are many similar ways, and there are others where people dying as legal persons can always find vulnerabilities.

Feng Yu certainly would not take this approach, as long as there was one reorganization, or even no need for an insolvency reorganization, a normal asset reorganization would suffice.

Even if there are some bad assets, they are normal. I can't say it's a particularly good asset, so it's sold?

Ralph and Parange et al. have studied that the same and Fut may have joined forces privately, so that it is the acquirers of Windstorm Holdings who suffer.

Ralph believes that the first thing to do now is not to think about how to acquire the target businesses of the two companies, but to divide them.

Only if it is differentiated can it truly take ownership.

Now what they're going to look at is how to divide the two U.S. companies, after all, the main factories of both companies, are in Detroit.

To be honest, they are old opponents, but in this case, they will go out unanimously, because it is in their interest.

Both Ralph and Parange believed that Furt should be contacted first. After all, Furt knew that he had contacted them for the same purpose and came to the door on his own initiative. Obviously, they were more eager to sell their assets.

However, Feng Yu disagreed, and he believed that the same use should be contacted first, as the burden of common use was greater and cash was needed more.

President Xu said weakly at this time: “May I make a comment? ”

President Xu can come as a representative, also because he speaks good English, which is an advantage in the cadre ~ department.

At this time, Feng Yu will naturally not refuse to speak to General Xu, and many people will have multiple references.

“It's all one of us, go ahead. ”

“I also feel that we should first connect to the same. First of all, according to Mr. Ralph, the same thing was the first to contact the Windstorm Holding Group, right? That means they're anxious to use the money. ”

“Secondly, the shared intention is to sell the shares of the joint venture plant in Huaxia, which is a necessity for our Huaxia XX assets. And if we buy the shares in the joint venture in Huaxia first, do you think Furt would be in a hurry? ”

Feng Yu's eyes lit up and didn't notice that Xu was still a bit of an idea.

The work history is not great and looks mediocre, but all these years without any stains proves that the person has some brains.

Ralph thought about it and nodded, “That's a good idea. When they succeeded, they got the money, and it wasn't enough. They had to relieve their problems for a while. ”

“For Fut, we can demand that their shares in the joint venture factory in Huaxia must be purchased, which they also refused directly. Furt sees it sold for the same use, maybe he'll promise to sell it too. ”

“Even if Footer doesn't sell this part of the asset, then other asset negotiations are more beneficial to us. Another Ford asset is much better than the same one, and the same one can't even respond to our request. ”

In fact, no one wants it, which is too hard to say for the same purpose. But for Furt, it's a lot easier.

They have fewer brands and fewer employees. Ralph only emphasized that no one on the North American side wanted those assets that Furt was selling, and that there were few employees in North America themselves.

And after Feng Yu acquired Fu's assets, he always wanted employees. Feng Yu also thought it was not bad that Fu proposed to hire their original employees as a priority.

Hiring skilled workers is always much better than hiring students.

Parange thought it would be nice, even they could try to buy the same Daewoo. If we talk about this, Feng Yu promised not to compete with Tata.

“Ralph, how exactly, you take the team, this is done, it's not your fault. ”

……