Through the wealth life

Chapter 185 Acquisition of Jaguar
Regarding Li Guangyu's arrangement, Margaret Thatcher does not know whether it is good or bad. Now she is preparing to make these changes in the economy to save the current declining economic situation in England.

If Jaguar is sold to Li Guangyu, the money can not only be invested in economic reforms, but if Jaguar develops better as a result, she can also convince those congressmen who oppose her reform plan.

Mrs. Thatcher said: "Mr. Li, if you can agree with me on a few points, I will persuade the government to sell Jaguar to you."

"Please tell me, Prime Minister," Li Guangyu replied.

"First, after you acquired Jaguar, you promised not to move the headquarters of your automobile group out of England. Second, after you completed the acquisition, you must not resign the employees of Jaguar at will."

Li Guangyu said: "Your Excellency Prime Minister, I can promise that the headquarters of our automobile group will always be located in England. After the acquisition of Jaguar, as long as the employees of the company are willing to work for us, will I quit their jobs? Now we When the auto group officially needs talent."

Mrs. Thatcher said: "Mr. Li, you are worthy of being a successful businessman and a qualified patriarch. But with your answer like this, don't you worry that you won't be able to fulfill your wish on the Jaguar issue?"

"Your Excellency, if the acquisition of Jaguar cannot be achieved because of this, then I can only give up. Then I will look for products that can replace Jaguar, such as Maserati under the Citroen Group." Li Guangyu said.

Li Guangyu can only think in this way. Now that Jaguar can't reach an acquisition, and his Bentley car lacks an engine, it is impossible to keep buying from outside. In this way, Bentley will suffer a big loss in the competition with Rolls-Royce in the future.Although Maserati in Italy is now a sub-brand of Citroen, Maserati does not lack in various departments, especially engine technology, which is not weaker than Jaguar.

Mrs. Thatcher said: "Mr. Li, I said that you are a qualified businessman. You are really right. You will always leave enough retreat for yourself. Regarding your acquisition of Jaguar, our government will Agreed, you will discuss specific matters with Jaguar."

Thatcher did not want Li Guangyu's automobile group to go to Italy.Now is the time when England needs foreign capital investment, and the sale of Jaguar can also relieve the financial pressure of some governments.She didn't want the money that England should have earned to be taken away by France on the opposite side because of this incident.

Li Guangyu was overjoyed after hearing this, and said to Mrs Thatcher, "Your Excellency, thank you very much. Don't worry, I will never let Bentley and Jaguar decline under my hands."

Originally, Li Guangyu planned to go to the headquarters of Citroen in Paris after talking with Mrs. Thatcher.Unexpectedly, in a turn of events, Mrs. Thatcher agreed to buy Jaguar herself.

Mrs. Thatcher said: "Mr. Li, I also hope that Jaguar can be handed over to you to continue the glory of this car company. At the same time, I also hope that Mr. Li can increase investment in our UK."

Li Guangyu said: "Your Excellency, after I spent 2.5 million US dollars to acquire Bentley, I have planned to inject [-] million US dollars into it for the development of Bentley, and after the acquisition of Jaguar this time, we will also invest a sum of money. Funds, and in the future, we will build a group building here.”

Thatcher said happily: "Mr. Li, I believe that your investment must be worth the money, and at the same time, I also wish your automobile group to develop better and better."

Mrs. Thatcher was very satisfied with Li Guangyu's investment. If every privatization of state-owned enterprises could bring such investment, the British economy would immediately improve, and she would not have to worry about the British economy.

Li Guangyu said: "With the blessing of Your Excellency the Prime Minister, I believe that our automobile group will only get better and better. This is not in vain for Your Excellency's painstaking efforts."

Li Guangyu talked with Mrs. Thatcher for over an hour before leaving his office.

After Li Guangyu returned to the hotel, Du Yuemei immediately asked Li Guangyu, "Li Sheng, how did you go to discuss with Mrs. Thatcher? Does she agree with us to buy Jaguar?"

Li Guangyu looked at Du Yuemei's anxious expression, and said, "Mrs. Thatcher has agreed to our acquisition of Jaguar. You still need to go to the Jaguar headquarters to discuss with their president."

Du Yuemei said happily: "Okay, Li Sheng, I will rush to the Jaguar headquarters in the afternoon and start negotiating with Jaguar tomorrow to try to win the Jaguar Motor Company as soon as possible."

With the approval of the British government, the acquisition of Jaguar will no longer be a problem. Now the main issue is the purchase price. I am afraid that this issue cannot be settled in a day or two, unless Li Guangyu doesn't care about money.

Li Guangyu said: "Yuemei, when negotiating with Jaguar, our bottom line was 7 million US dollars. The current market value of Jaguar is only a little over [-] million. If Jaguar and Lion open their mouths, you can go to Paris first. Visit the headquarters of Citroen, and you can consult on Maserati-related issues."

Du Yuemei knew that the reason why Li Guangyu asked her to go to the Citroen headquarters in Paris was to put pressure on Jaguar.Let them know that the Li Group does not have to buy Jaguar, and there are other options besides Jaguar.

Du Yuemei said: "Li Sheng, I know what to do. I won't let our Bentley Group be taken advantage of."

Li Guangyu then said to Zhang Ziyu: "Ziyu, you contact Mr. Gan Qinglin and ask him to negotiate with Sumitomo Bank. We will use the shares of Xingyu Group to borrow 10 billion US dollars from Sumitomo Bank."

"Alright Mr. Li, I'll contact Mr. Gan Qinglin right now," Zhang Ziyu said.

Li Guangyu is really short of money now. He spent more than 20 billion Hong Kong dollars on Bentley. This is the rest of last year's profits after deducting the 50 billion Hong Kong dollars allocated to Tianyu's investment, plus [-] million from Xingyu Group. Only when the Hong Kong dollar comes over can the investment of Bentley be satisfied.

Now, if you want to acquire Jaguar, you can only turn to the bank for funding. Li Guangyu is not willing to transfer the funds from Tianyu Investment. The funds there are for the acquisition of Heung Kong Electric and Heung Kong Telephone Group.

If Li Guangyu only bought Jaguar, he didn't need so many loans.You know, in the first quarter, the profits of Li Guangyu's major groups exceeded 45 billion Hong Kong dollars. Although some of them were acquired share appreciation, the two groups of Xingyu and Xiangyu still provided nearly 30 billion Hong Kong dollars to Li Guangyu in the first quarter. The current flow of the Hong Kong dollar.

In particular, the hot sales of Xingyu Group, home game consoles, and Super Mario, Pac-Man, and Street Fighter games have earned Li Guangyu more than 18 billion Hong Kong dollars in profits.

Li Guangyu does not intend to use too much of the funds there. The cash is planned to be used in the acquisition of Heung Kong Electric and Heung Kong Telephone Group in June. At that time, he and Jardine will rush to buy these two groups, but they will have to fight for cash up.

Li Guangyu then said to Du Yuemei: "When you acquire Jaguar, you can promise to their senior management that our group will not change their company's senior management, and at the same time their company's president will serve as the vice president of our Bentley Group."

Li Xuemei knew that Li Guangyu did this to facilitate better negotiations. After all, many senior executives of the group still needed to continue working in Jaguar.

(End of this chapter)