Extraordinary Genius

Marco wondered if it would be that Feng Yu was deliberately cheating on him, and Feng Yu had no plans to invest in Deutsche Group at all.

But he dared not bet that Feng Yu's attitude was too strong to give him a chance to talk slowly. Who's so unlucky to share a car now, so badly in need of money?

Though the $10 billion may not be enough to pull the same car out of the insolvent mud, it is crucial for Marco.

Negotiated, then he will be able to continue to hold the chairman and CEO and continue to hold high salaries. Executives of large publicly traded companies are generally paid annually + stock rewards. But he doesn't want stock incentives now, he just raises his annual salary.

Why, it's not because the same car is leaving the market. A long period of depressed stock prices will inevitably go bankrupt if they remain in the market and suddenly plummet.

Marco reflected things to shareholders, naturally including the US political axe.

Marco was reprimanded for his unfavourable behavior, but he was afraid to let Marco refuse directly. Especially a few of the major shareholders are eager to get some cash for the same car, and the company needs too much money now.

Debt management is normal, and many enterprises operate indebtedness, but the debt exceeds the value of the company's assets by more than twice as much as it is, and they are the only ones.

Although they are well aware that the US political axe is unlikely to be able to watch them go bankrupt, because the impact is so great that it may aggravate the US economy once again.

But it will also take time to raise funds on the Axe side, and they must fight for this buffer period. And with the money, they can lower their debt, respond faster, and avoid getting worse.

Until Feng Yu was reborn, the same car began to make profits, while the profit for a year was only a few hundred million dollars.

With an annual output of over 9 million units, it turns out that there are only a few hundred million dollars in profits, and it can be seen how much debt affects them. Debt this thing, the bigger it gets.

Feng Yu actually went back to his office and was concerned about the Germans Group.

Dezhong Group has not developed very well in recent years. In 2004, Dezhong Group had to sell some shares because of poor management and excessive production costs, so that they could continue to operate with money.

And, of course, because of that year, the European Union was going to repeal those privilege clauses made by the Saxony Axe in the Deutsche Group, which were, in fact, local protections and limited the rights and interests of other shareholders.

At least the Germans were still running well in Huaxia, making a lot of money. But in this world, Huaxia Market, that's Ice City Automotive as the boss, Dezhong and other joint venture enterprises can't make much money, Huaxia automotive companies are very different from previous life, they all got alternative technology, and then they sold their brands of cars.

Last year, when global automotive sales fell sharply, Huaxia Market broke through 11 million units of production and sales, with the exception of Iceland machinery, several other large Huaxia political axe planning companies performed well.

This can be seen from the acquisition of foreign brands by China Express.

Again this year, when European and American automotive companies strained their minds to reverse the market downturn, Huaxia's side was “unique on the scenic side”, with sales of more than 3 million units in the first quarter, and continued to perform well, which seems to mean more than 13 million sales this year.

Without the advantages of the previous Huaxia market, this life is naturally even worse.

At first glance, the Porsche Group was created by the founders of the Porsche Group. At that time, they were the three generations of the old man called Porsche, who was a cousin.

Porsche Group has always wanted to “bring back” the Deutsche Group, so while the Deutsche Group was selling equity and issuing more stock financing, they went mad and increased their equity to more than a quarter, and became the largest shareholder of the Deutsche Group.

The Porsche Group then pushed the EU to repeal those German protective clauses for the Deutsche Group, so that when they became major shareholders, they really had the opportunity to take control of the Deutsche Group.

What if Deutsche Group doesn't have the money to grow? Like many companies, they issue options. It's the kind of bond that matures, can be cashed, can be converted into shares in the enterprise.

Porsche Group loaned 10 billion euros for this purpose and ate it slowly. It was stated that they simply wanted to increase the shares of the Deutsche Group and had absolutely no idea of acquiring them.

Among these lies, the German political axe was surprised that Porsche Group held 42 percent of the shares of the Germans.

At the same time, it also has a large number of options, which together hold nearly three quarters of the equity in hand.

Porsche Group didn't have that much money at the time, Porsche car market value was only a few billion euros, and Deutsche's assets were several times greater.

So at the time, the Porsche Group not only borrowed money, but also secretly received support from many hedge funds. But Porsche automobiles also began to lose a lot at this time. They were high-end luxury cars, but they burned a lot of money. At this time, their liabilities, which exceeded two billion euros, were not yet due from Porsche Holdings.

Deutsche Group shares suddenly fell, many hedge funds lost, German political axe also began to think about how to fight back, Deutsche Group must not be bought, what they need most now is money.

There are still only a few old ways to raise funds, one is for shareholders to take out the money, then Porsche Group, the first largest shareholder of Deutsche Group, naturally refuses to accept.

Or the German political axe paid for it and tried to buy back stock. Unfortunately, as a result of the economic crisis, the German political axe did not have as much leisure money.

The other way is to get Deutsche Group to issue more shares or issue bonds, but they're afraid that the Porsche Group's shares will soar again and really turn Deutsche Group into a Porsche Group.

So Deutsche Group really contacted Ralph, hoping that Feng Yu could invest in them, they promised high interest, hoping that Feng Yu could buy their bonds, but refused to give them equity.

Of course, the Deutsche Group also had the idea that after Feng Yu became their shareholder, the Huaxia market would not be open to them, even the Eastern European market would be open to them.

Porsche's takeover with De Zhong is in Huaxia, a typical case of individual swallowing state capital, but it is legal. And this competition between cousins, Feng Yu does not intend to be involved.

Deutsche now wants money to acquire Porsche Group's core asset Porsche Automobile, but Porsche Group also has a stake in Deutsche Group's steering family at this time. In Feng Yu's view, it is the two cousins who do not match, but still want to kick the German political axe out.

Feng Yu put down the information on Dezhong's side, forget it, maybe the two brothers gave it to the pit. Now let's see if Marco says yes, and hopefully this nail in the same car will do more!

……