Extraordinary Genius

Feng Yu was actually very fond of this Western British commercial bank, so to speak, he just told Porter that he knew the bank's shortcomings, so the bank was not worth it.

Feng Yu just wanted to keep the price down, not that he didn't want to buy it, but looking at Potter's expression now, he didn't seem to want to continue talking.

“Cough ~ ~" Feng Yu cleared his voice and warned Porter.

Potter said, “Mr. Feng, I didn't mean to hide what you said, but if it weren't for those difficulties, why would our bank sell it? ”

He saw that Feng Yu had not gotten up and left, so he quickly continued to persuade Feng Yu to make sure that the acquisition was facilitated.

If he can stay in office as CEO, his future earnings won't be low. Anyone who doesn't know how to follow Feng Yugan can make a lot of money.

Even if he could not remain in office, he would receive compensation for his dismissal under the agreement, which would be appropriate for him.

Feng Yu looked at the accountants he had brought with him, and the chief accountant stood up and said, "Mr. Potter, are you going to continue to hide the details of your company? I'd like to take a look at how your company operates, especially financially. ”

The business of a company, especially its finances, is a company's secret. If both parties have initialled the agreement and finalized the framework, then of course they will have to show it to each other.

But there's no deal now, and the other side is going to see it, which makes Potter hesitate.

But he was also worried that if he refused, then Feng Yu would turn around and their bank would lose one of its best buyers, which was very likely, and the bank would really become a pure state enterprise.

“Mr. Feng, may I ask, how much more do we owe, would you refuse to buy?” Potter probes.

Feng Yu leaned on the couch and looked at Porter standing up: “Liabilities are not my main consideration, I mainly look at how many high-quality assets your bank has left, and then measure how much profit I can make each year if I invest enough. Even if your bank is now in debt of £10 billion, I need to invest tens of billions of pounds to bring the bank back to life, which is not a problem for me! ”

Potter grew up with his mouth and said that too heavily.

Ten billion pounds, what a lot of money, even many big companies with hundreds of billions of assets don't necessarily get that money right away, the major value of big companies is in stocks, where is there so much cash?

And that's why many banks can't save their banks, because banks that manage hundreds or even trillions of pounds of assets can be difficult to pull out tens of billions of pounds all at once, let alone 10 billion pounds.

Feng Yu simply said that, if this bank really owed tens of billions of pounds, it would take tens of billions of pounds to come back to life, then Feng Yu would not acquire it.

With so many banks on the verge of bankruptcy, assets are certainly better off and there is no need to hang on a tree.

“Mr. Feng reassures us that our banks, although indebted to more than £10 billion, need to invest another £10 billion, no, £6 billion to get the banks through. We still have a lot of outstanding loans, and we would never have done so if it hadn't been for the huge debt and interest drag! ”

Feng Yu waved: “Tell them this. Remember, don't hide anything from me. Otherwise, I won't just buy your bank. You'll be in trouble, believe me. ”

Feng Yu's tone was relaxed, but he put a lot of pressure on Porter.

He is just a working man. Although he is a senior working boy, he is still a working boy and will not dare to cheat the world's richest. On the European side, the rumors of Mafia D have not disappeared, and there are people behind every big family who specialize in unseen things.

He also wanted to continue working at the bank, which would be good for him if he could stay. During this period, the unemployment rate among them in the financial sector was extremely high, and it was not easy for him to find a satisfactory job.

Porter had many statements, and their banks themselves were listed, and the statements were indeed to be made public. But there are also some financial tools that can make the statements much prettier.

But by now, their bank stock had been suspended on the London Exchange because it had fallen too hard, and if it hadn't stopped, they would have been forced out of the market.

Suspension is also a good thing for Feng Yu, if he doesn't stop, if someone leaks the news that he is going to buy this bank, the stock of this bank will definitely rise.

The sharp increase in the shares of the acquired companies is a common practice, as many companies are subject to some adjustments when they are acquired, and even many of them are closed.

To exit the market, shares in the hands of those who hold them will be forcibly repurchased so that they can earn a lot of money. Original shareholders of the company will also be forced to sell more money as a result of share-price hikes.

If the stock of this company hadn't stopped, Feng Yu wouldn't have come personally.

Potter himself went to explain the details of the statements to the accountants, many of which were not reflected, and he also said, in order to give Feng Yu a good impression that he was not hiding anything.

Feng Yu sat down and drank black tea, smoked cigars and looked at boring magazines.

Half an hour later, the chief accountant returned to Feng Yu and bowed down: "Boss, the situation of this company is similar to that described by Mr. Ralph, the details need time to check carefully. It is inferred from these circumstances that our investment of $10 billion will definitely make this company lose money next year. ”

Feng Yu nodded and generally looked fine, just wondering how much the company intended to sell. If it's too expensive, it's not worth it.

While there are a number of high-quality assets, there are also a number of burdensome purchases.

“Potter, you have a lot of problems with your bank. You're in a lot of debt. Can you even say you're in debt? ”

“Mr. Feng, we are not yet financially indebted, we just have more arrears, but we also have a lot of loan contracts, these are valuable assets. ”

“Come on, you don't have to explain this to me. Tell me, how much is your bank going to sell? ”

“Our banks are valued at over £14 billion in market value. ”

Feng Yu sneered: “Market value? You mean your suspended stock? If you hadn't stopped, I'm afraid you'd be down 10 billion pounds by now, and don't forget, you still owe more than 10 billion pounds. How much is left? ”

“Let's see, if you haven't hidden anything else from your bank in the presence of some good assets, I'm offering £8 billion for the acquisition, including all assets and debts. I'm also investing a lot of money in this bank, and I'm a businessman, not a philanthropist. ”

“Go back and talk to the shareholders, I'll give you three days to get a positive answer. ”

……