Extraordinary Genius

Fut's credit rating is constantly decreasing at this time, and if they don't want to find a way to redeem cash, the company's business will inevitably get worse, and it will probably end up in the same dilemma as it used to.

Rarely has such a company expressed an interest in their business and was able to come up with cash, which is too important for them to get out of their predicament.

Although the conditions are harsh, they are not unacceptable. Instead of getting deeper and deeper into the mud, they prefer to sell some of their businesses to preserve their most core Fute and forest cultivation.

Fute did come to the door as proactively as they expected and reduced some of the conditions.

But Ralph is still dissatisfied.

There are only three factories on the North American side, more, less, less expensive, unless you fire all the workers first.

Huaxia's shares in the joint venture were all wanted, but Fute would only give shares to a small joint venture even if conceded. As for the brand, Ralph said he wanted all three brands, Leopard, Lu Hu and Wo Weiwo, and wanted all the shares and interests, leaving no trace for Fute.

And that means that Furt's other factories can't continue to manufacture these three brands of cars.

Tata also wants Mercury, a high-end automotive brand under Foote, and this Foote doesn't approve of this brand, and they're going to have a vacancy in the middle market, and after all, they're just small shareholders.

Inside, Feng Yu wants the leopard, Lu Hu is the heart of Tata Automotive, and Wo Weiwo is under the state-owned preparedness income, merged into a car enterprise, improve the technology of the car enterprise and enhance international competitiveness.

There are some bad assets in here, and Ralph asked for them all to be stripped, which Fute certainly couldn't agree to. They promised not to transfer bad assets from other brands, but they belonged to three brands and had to be included together.

That is, the acquisition of the entire business of the three brands, together with some debt and obligations.

These debts and obligations were higher in previous life, which led to low prices for the sale of the three brands, mainly due to the drag on non-performing assets.

At this time, these bad assets are not as expensive as they were in previous lives, so the price Furt demanded is even higher.

The entire business of the three brands, together with the entire equity interest in a domestic joint venture, cost $7.4 billion and included nearly $3 billion in debt.

Of course, at Ralph's request, all employees of these companies are required to sign a new contract in accordance with the requirements of Windstorm Holdings, which were previously evaluated to be reinstated, and once laid off, compensation is paid equally by Fute and Windstorm Holdings.

There are so many little details, each one, that they can argue for the first half of the day. Because any small detail clause could represent tens of millions of dollars.

These negotiators, naturally, also have a task: who can perform better and create more benefits for the company, what they are given is a promotion raise, or a large bonus.

……

“Ralph, how'd it go?” Feng Yu lay on a lounger by the pool, relaxed in the sun, warm and comfortable.

“Boss, the framework has been negotiated, details have not yet been achieved. Mercury did not take it, but Huaxia's shares in a joint venture were already included. ”

“Well, negotiate as soon as possible, and the longer it takes, the higher the liabilities of those companies. The sooner you enter the reorganization model, the sooner you can generate profits. ”

The longer they can be delayed, the less money Fut will have, the more they want to sell these assets, and the more suitable they will be for depressing prices.

But now that the contract has been roughly fixed, it is now time to discuss some asset details, the longer the delay, the more non-performing assets Feng Yu has purchased from these assets, so that Feng Yu will also suffer.

Furt is also in a hurry because they also want to get cash quickly so that they can have cash earlier to save the company's other businesses, especially their credit companies.

In a situation where both parties are in a hurry, both sides also made some concessions. I will suffer a slight loss on this clause. You will suffer a slight loss on the next clause, with a view to signing the contract as soon as possible.

The same side is waiting for Windstorm Holdings to continue talking to them about other businesses, but all of a sudden they get the news that Windstorm Holdings has acquired many important businesses from Fut.

This is another sale of the three largest automotive companies in the US, following the sale of shares in Huaxia JV in the previous days.

And this time it's much more important than selling equity in a joint venture, with Fute selling all three brands directly, including a number of factories and a joint venture in Huaxia.

Fute has only seven brands in total, of which Zida is only a participant.

This time selling the entire business of three brands directly, this is a pretty rich half-baked mountain.

Many people think that Furt's board is crazy, that Furt's expansion over the years will be ruined by this sale, that Furt's global strategic plan will once again be on hold, that their markets in Europe and Asia will shrink further, and that perhaps Furt's production and sales this year will fall by several places.

But the same companies understood Fut's difficult situation, and Fut, like them, was constantly mortgaging assets to keep the company running normally.

While selling the entire business of three important brands this time, it also eased the burden on the company and redeemed a large amount of cash, which could have helped Ford survive.

The media shouted, Feng Yu Holding Group did indeed have a huge fortune, just spent more than six billion dollars to acquire all the shares in the same car in Demon City, and then bought Fu Te Automobile's Hanbi Jiangshan. Is Feng Yu really going to go into the automotive industry?

However, it seems that these businesses acquired by Rain Holdings are just passenger cars, excluding commercial vehicles. So Feng Yu is going to let the company take BMW's route? Specializing in the research and development of passenger cars and their technology, without being a commercial vehicle, can also become the world's leading automotive manufacturer.

Such acquisitions are difficult, not just with inter-firm consent, but with multiple formalities. The acquisition of leopards, Land Rover and Wolverine, for example, requires the consent of the European Union and, of course, of the political axe on the US side.

These Feng Yu are not worried, Fu Te will do everything possible to publicize and get these institutions to agree.

Without these acquisitions, Rain Holdings is a big missed opportunity to expand, but it's a disaster for Furt.

In order to survive this dilemma, Furt was ridiculed by many of his peers, saying that they had been swallowed up half by the Storm Holding Group, and they had never argued.

Between being swallowed up half and being bankrupt altogether, they chose the former. As long as the company continues to operate normally, then Furt, the century-old car company, can get back on its feet!

When all the contracts are signed, Feng Yu tells President Xu to notify him of the domestic money withdrawal, and then everyone... divides these assets!