Chapter 1926

"Horton? Australia accounts for more than 20% of the market? It sounds great, but how many cars can Australia sell in a year? Not a million this year? "

Even if Feng Yu is interested in the brand, he will not show it directly. And the Australian market is indeed shrinking, which must be known with the car, otherwise it will not be so happy to sell.

Another time when Feng Yu remembered his previous life, Horton finally stopped production. Because the Australian market is over, including the factories in Australia, such as FT and crazy fields, have been shut down. The manufacturing costs there are rising, but the sales volume is declining.

In short, Australia's market is almost saturated. If we fail to open up new markets, it will be over. At that time, was there a new market for the same use? Yes, but not for Holden, but for the local brands of Chevrolet and Buick. After all, Holden's popularity was too low.

However, Feng Yu is very interested in the technology center of Horton. Among them, the research on engine, transmission, chassis, etc. is among the top in the same car and the world's top. It can complement the technology of icecity machinery.

There is no debt there, and the company itself has already made layoffs. In a big way, the capacity of the factory there will be reduced, and even it can become a technology research and development center and a sales center, and no longer produce any more.

When Marco heard Feng Yu's words, there was no embarrassment on his face. He argued: "but Horton's car is not only in Australia, but also exported to New Zealand, the UK, South Korea, the United States and the central and eastern regions. The brand is very valuable. And the technology research and development center over there is very strong, including many key technologies we use together. "

"Are you sure that you don't master those technologies with other brands? It seems that there are not many patents belonging to Horton, right

Horton's research is successful, and the patented technology belongs to the same car group. All the patents held by Horton are not very important.

"Mr. Feng, the Horton car is really worth buying. It only needs five billion dollars."

Feng Yu paused the game and clicked on a few times to open an electronic file.

"Tut Tut, seven years ago, Horton could have a profit of 6 billion Australian dollars a year. Last year, Horton had a profit of less than 1 billion Australian dollars, so how much should it have this year? No point, or will you lose money? The reason you were able to keep profits close to a billion Australian dollars last year is that you have also made layoffs. To be honest, those managers are really qualified. "

Feng Yu shakes his head and sighs. The sarcastic remarks in his mouth change Marco's face.

How does Horton's information, Feng Yu know so much? Is it Feng Yu who originally planned to acquire Horton's business and made a detailed investigation?

So, did Feng Yu only investigate Horton, or did he investigate all the businesses of the same car? Is Feng Yu fully aware of the details of the same car?

"Mr. Feng, Holden's profit declined because Holden originally held more than 40% of the shares of cosplay Daewoo, which was later sold to Tata motor. So if the business is reduced, the profit will naturally decrease, and the global car sales are declining... "

"Wait a minute, our car sales in the Chinese market have not declined, the car sales in the Indian market have not declined, and our ice city machinery sales have increased by more than 15% last year, maybe more this year."

Just because you're down doesn't mean everything is down.

Marco was interrupted by Feng Yu again, but he didn't know how to refute. Feng Yu said the truth.

"Mr. Feng, the R & D center, spare parts production center, automobile assembly center and sales channel of Holden automobile are all high-quality assets."

"Well, how can I hear that Horton suddenly has a lot of debts of the same car? I don't know how to operate your wholly-owned subsidiary internally, but these debts, it seems, should not have been Holden's? " Feng Yu asked with a smile.

Fortunately, people can collect information at any time, otherwise, they almost measure the wrong value, and the negotiation will be very passive. If we can keep a profit of 1 billion Australian dollars in a year, then the price of 5 billion US dollars is really not expensive. But if we carry billions of US dollars of debt, let alone 5 billion US dollars, Feng Yu will not consider 5 billion US dollars.

"Debt? Is Mr. Feng wrong? Last year, there was a profit of a billion Australian dollars. How could there be debt? " Marco's smile is a little stiff. How does Feng Yu know the news? Some of the top executives of Houghton automobile must have been bought by Feng Yu!

"Then can you disclose the financial situation? When we talk about the purchase and sale of assets, we always need to have a detailed understanding before we can make a decision. " Disclosure of financial situation, which is a very common requirement in enterprise acquisition.

Marco dares to promise that before they come to find Feng Yu with their cars, they have dumped a lot of debts to the subsidiaries that are going to sell to Feng Yu.

"Well, what Houghton used to look like, what it should look like now, I won't bear any of those debts, so I can have a good talk."

"What's more, what's the market like in Australia, what's Holden's company like? I've investigated it very clearly. Even what's the overall situation of your same car, I know it very well. You don't have to lie to me about this.""In the end, I'm a little bit interested in Holden cars, and I'm more interested in some of the technologies you share. I remember that you have many joint ventures in China, including technology research and development center, and this is also included. "

Marco really doesn't know how to sophisticate this time. His own background has long been in front of his counterpart. What's funny is that he still wants to hide it.

If we sell those joint ventures in China, then they will have no valuable assets in China. What's left is some sales channels. But the cars they use together, apart from joint ventures, there are few imported cars in China.

He measured in his heart that even if all these were added together, if he could not get rid of some debts, he could sell 8 billion dollars at most. No one would be willing to buy it if it was higher.

If it was two years ago, when he asked for at least $15 billion for these assets, they were both the industry leaders, not short of money, and were still robbing the territory.

Feng Yu thought for a moment: "by the way, I think you are short of money for the same car. I'll give you another hand. You can transfer some patented technology to me, or permanently authorize it to me. I can also give you a technology transfer fee. These, together with the assets just mentioned, add up to a whole number, 10 billion dollars. If you think about it, give me an answer tomorrow. Maybe I don't want to buy it the day after tomorrow. "

……