Originally, Tongyong and Fute wanted to trade with Fengyun holding group, but they knew that after the cooperation between Fengyun holding group and Tata Group, they had new ideas.
Feng Yu naturally wanted to spend less, while GE and Fute wanted to sell more.
In fact, the conflict was not big, but Feng Yu's other requirements were too harsh. None of the employees here in the United States. Employees in other regions also need to be audited before deciding whether to.
If we want to lay off employees first, Feng Yu will naturally take advantage of it. Employees who have been laid off need to find jobs, so they can sign employment contracts with those employees again at a reasonable price, and even this contract can lower some prices.
Tongyong and Fute have to lay off their own staff, but this is totally different from the scale of the layoffs required by Feng Yu. Although Ralph said he could give more money when he talked with the other side, he still disagreed with him.
Their old-fashioned manufacturing enterprises have more retired employees, and they also need compensation for layoffs. If they sell these businesses and the employees are still in their hands, can they all cut them off? There must be only a few cuts.
In this way, they will also need to lay off workers in other businesses to accommodate these extra employees.
In this way, although they have laid off a lot of staff, they have not been able to reduce the burden too much. Even if they take more money for the time being, they are just drinking poison to quench their thirst. At that time, their pension, medical insurance, etc. will be a great burden.
Feng Yu insists on this point, which can never be changed. You can pay more, but you don't want these people, and you don't want those garbage factories.
When Tata started to operate passenger cars in the past, it did a good job. But after buying Jiebao and Land Rover, they developed their own small cars, and they began to lose money.
Although Jiebao and Land Rover are selling well, they have a heavier burden. How could ft have sold Tata so cheaply if it hadn't been for those burdens?
Feng Yu means that he doesn't want those who are in debt, but Ge and Fute will never agree.
Both of them will not bear this part of the debt. Fortunately, non-performing assets can be divested through equity restructuring.
Do you say that bad assets are stripped and bankrupt, so that the employees of bankrupt enterprises will not find them?
Under normal circumstances, the bankruptcy reorganization just abandons some bad assets, and then lets the high-quality assets bear these debts, postpones the repayment and lightens the burden.
Many foreign companies simply transfer non-performing assets to a company, and then carry out bankruptcy liquidation.
It's a simple way to get out of the relationship legally. For bankrupt enterprises, it's OK to find someone to bear the burden, which has nothing to do with these high-quality assets.
As for the burden, it will be left to the government axe, as well as the legal person of the bankrupt enterprise.
This legal person is also very simple. There are prisoners in the United States who become legal persons. Anyway, they can't come out in their lifetime. It's good to leave some money for their families.
He can't go out in prison. He's not afraid of other people's troubles. Anyway, he can't pay his debts. If you have the ability, you can put me out to work to pay my debts.
There are many similar ways. There are also ways to let some people who are dying become legal persons and always find loopholes.
Of course, Feng Yu will not take this way. As long as the reorganization is carried out once, there is no need for bankruptcy reorganization, and normal asset reorganization is OK.
Even if there are some bad assets, they are normal. It can't be said that other people's special high-quality assets are sold like this, right?
Ralph, palangi and other researchers think that Tongyong and Fute may be privately combined. In this way, the loser is Fengyun holding these acquirers.
Ralph believes that the first thing to do now is not to think about how to acquire the target businesses of the two enterprises, but to divide the two enterprises.
Only when they are divided can they really take the initiative.
Now they are going to study how to divide the two American enterprises. After all, the main factories of the two enterprises are in Detroit.
To put it bluntly, although they are old rivals, in this case, they will be consistent with the outside world, because it is in their interests.
Ralph and palangi both think that we should contact with Fute first. After all, Fute knows that he has contacted them with Tongyong, and then comes to their door. Obviously, they are more anxious to sell assets.
Feng Yu, however, disagrees. He believes that we should first contact and use them together, because they are more burdensome and need more cash.
At this time, president Xu said weakly, "may I express my opinion?"
Xu always comes here as a representative, because his English is very good, which is an advantage in the Department.
At this time, it's all his own. Naturally, Feng Yu won't refuse Mr. Xu's opening, and many people have multiple reference opinions.
"It's all my own, you say."
"I also think that we should contact with the same users first. First of all, according to Mr. Ralph, it's right to use the first one to contact with wind and rain holding group, which means they are in a hurry to use money. "
"Secondly, Tongyong intends to sell its shares in the joint venture factory in Huaxia, which is a must for our Huaxia XX assets. What's more, this time we are going to buy the shares of our joint venture factory in China. Do you think ft will be in a hurry? "Feng Yu's eyes brightened, but he didn't find that Xu still had some ideas.
The work resume is not brilliant and looks mediocre, but it has not been stained for so many years, which also proves that this person has some brains.
Ralph thought about it, nodded and said, "this is a good way. After the success, they got the money together, but it was not enough at all. They could only alleviate their troubles for a while. "
"For FT, we can ask that we have to buy shares in their joint venture factory in China, which they also directly refuse. When he sees that he has sold them for the same use, he may agree to sell them. "
"Even if we don't sell this part of the assets, it will be more beneficial for us when negotiating other assets. Another asset of Fute is much better than the one used by the same company, which can't meet our requirements at all. "
In fact, it's too difficult to use it alone. But for FT, it's much easier.
They have fewer brands and fewer employees. Ralph only stressed that there should be no one in North America. There are few employees in North America in terms of the assets to be sold by ft.
After they acquired the assets of Fute, Feng Yu always wanted employees. The original employees proposed by Fute are preferred, which is not bad for him.
It is better to employ skilled workers than new ones.
Palangi also thinks it's very good. Even they can test whether they can buy Daewoo. If we talk about it, Feng Yu agrees not to compete with Tata.
"Ralph, it's better for you to lead the team. It's a good thing. I can't thank you."
…… (to be continued. )