Chapter 1870

In fact, Feng Yu is very optimistic about the Western Commercial Bank of England. So, he just tells Porter that he knows the shortcomings of the bank, so the bank is not worth money.

Feng Yu just wants to reduce the price, but he doesn't want to buy it. But looking at Porter's expression, it seems that he doesn't want to continue talking.

"Keke ~ ~" Feng Yuqing cleared his throat and reminded porter.

Porter then reflected: "Mr. Feng, I'm not going to hide what you said. If it wasn't for those difficulties, why would our bank sell it?"

Seeing that Feng Yu didn't get up to leave, he hurriedly continued to persuade him to facilitate the acquisition.

To facilitate the acquisition, if he can stay as CEO, then his future income will not be low. Who knows that following Feng Yugan can make a lot of money.

Even if he can't stay in office, according to the agreement, he can get a compensation if he is dismissed, which is suitable for him.

Feng Yu looked at the accountants he had brought with him. The chief accountant stood up and said, "Mr. Porter, do you want to keep the details of your company secret? I'd like to have a look at the operation of your company, especially the financial situation. "

The company's operation, especially its financial situation, is a company's secret. If the two sides have already initialed the agreement and finalized the framework, of course, it should be shown to each other.

But now there is no agreement, the other side is going to see, which makes Porter have to hesitate.

However, he also worried that if he didn't agree, Feng Yu would turn around and leave, and his bank would lose the best buyer. It is very likely that this bank would really become a pure state-owned enterprise.

"Mr. Feng, can I ask you how much we are in debt? Will you refuse to buy?" Porter tempts.

Feng Yu leaned on the sofa and looked at Porter standing up. "Debt is not my main consideration. I mainly look at how many high-quality assets your bank has. Then I will measure how much profit I can make each year if I invest enough money. Even if your bank is now in debt of 10 billion pounds, I still need to invest tens of billion pounds to bring the bank back to life. This is not a problem for me! "

Porter's mouth is too big.

Ten billion pounds, what a lot of money it is. Even a lot of big companies with hundreds of billions of assets may not get the money right away. The main value of big companies is reflected in stocks. Where can there be so much cash.

That's why many banks can't save their banks, because it's difficult for those banks with hundreds or even trillions of assets under management to take out tens of billions of pounds at once, let alone ten billion pounds.

Feng Yu just said that. If the bank is really in debt of 10 billion pounds, it will take tens of billion pounds to come back from the dead, and Feng Yu will not buy it.

There are so many banks on the verge of bankruptcy, and their assets are in better condition. There is no need to hang them on a tree.

"Mr. Feng can rest assured that although our bank has more than 10 billion pounds in debt, it only needs to invest another 10 billion pounds. No, 6 billion pounds can make the bank through the difficulties. We still have a lot of loans that haven't been recovered. If it wasn't for high debts and interest, we would never have been so! "

Feng Yu waved: "tell them all, remember, don't hide any facts from me, or I won't just buy your bank, you will have trouble, trust me."

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

He is only a part-time worker. Although he is a senior part-time worker, he is still a part-time worker and dare not cheat the richest man in the world. On the European side, the legend of Blackhand D hasn't disappeared. It's said that behind every big family, there are some people who do things that can't be seen.

And he wants to continue to work in this bank, if he can stay, it's good for him. During this period, the unemployment rate of these people in the financial industry is extremely high, and it is not easy for them to find a satisfactory job.

Porter asked people to bring a lot of reports. Their bank itself is listed, and the reports really need to be published. However, there are also some financial means to make the statements more beautiful.

But at this time, their bank's shares have been suspended on the London Stock Exchange, because they fell so hard that if they do not stop trading, they may be forced to delist.

It's also good for Feng Yu to suspend trading. If he doesn't stop trading, if someone reveals that he wants to buy the bank, then the shares of the bank will surely soar.

It's a common practice for the stocks of the companies being acquired to soar, because many companies will make some adjustments after being acquired, and even many of them will be delisted.

To delist, those who hold shares will be forced to buy back, so that they can make a lot of money. The original shareholders of the company will also sell more money because of the soaring share price.

If the company's shares had not been suspended, Feng Yu would not have come in person.

Porter personally explained the details of the statements to the accountants. Many of the statements didn't show up. He also said that in order to make a good impression on Feng Yu and show that he didn't hide anything.Feng Yu sat aside, drinking black tea, smoking cigars and reading boring magazines.

Half an hour later, the chief accountant returned to Feng Yu and said in a low voice: "boss, the situation of this company is similar to that described by Mr. Ralph. It will take time to check the details. Based on these facts, we can infer that if we invest 10 billion dollars, we will definitely turn the company into a profit next year. "

Feng Yu nodded. Generally speaking, the situation was ok, but he didn't know how much the company was going to sell. If the price is too high, it's not worth it.

Although there are many high-quality assets bought, there are also many encumbrances.

"Porter, there are a lot of problems in your bank. The debt is so high that you can even say that you are insolvent?"

"Mr. Feng, we are not insolvent. We just owe a lot, but we also have a lot of loan contracts. These are valuable assets."

"Well, you don't have to explain it to me. Tell me, how much is your bank going to sell?"

"By market value, our bank is worth more than £ 14 billion."

Feng Yu sneers: "market value? Do you mean your shares that have been suspended? If you don't stop trading, I'm afraid it's already below 10 billion pounds. Don't forget that you still owe more than 10 billion pounds. How much do you have left after the reduction? "

"Well, if you have some good assets in your bank, if you don't hide anything else, then I will pay 8 billion pounds for the acquisition of this bank, including all assets and debts. I also need to invest a lot of money in this bank. I am a businessman, not a philanthropist. "

"Go back and discuss with the shareholders. I'll give you three days to get a positive reply."

……