People in Hong Kong create super chaebols

Chapter 847 Leland Automotive Group’s Chapter Recovery

Just when Melis was heading to Kwai Chung to find Lei Juekun, the head of Kowloon Bus, in the office of the chairman of Leyland Motor Group in London, England, a subordinate was reporting something to the chairman.

Chairman Steven Anastasi has only been with Leyland Automotive Group for a short time. He took office in 1975, after the British government took over Leyland Automotive Group. He has only been in office for more than three years. .

The former chairman had already been dismissed by the board of directors due to poor reform results.

After taking office, Steven Anastasi also thought about carrying out major reforms to Leyland Automotive Group.

But when he thought about the situation of the former chairman, he realized that being in this position was not a good thing. He was restrained in doing things and could not use his power at all.

Many things are controlled by the board of directors, especially since the board of directors is divided into two factions, no, it should be said that it is three factions.

Of these three factions, one is conservative, one is radical, and the last is neutral.

Steven Anastasia is considered a radical, but there are more conservatives than radicals on the board of directors. As a result, even if he wants to do something radical, he cannot do it because he is opposed by the conservatives. .

However, since the Iron Lady took office, everything seems to have begun to change.

Steven Anastasia is very supportive of Iron Lady's style because he feels that everyone is the same type of person.

This can be felt from the new policies issued by the United Kingdom.

As for the neutral guys, they are actually just outsiders.

After discovering that policies began to change, their neutral choices began to tilt toward the radicals.

Once neutral board members switch to supporting them, conservatives will have less voting power than their progressive counterparts.

This allowed Steven Anastasi to see an opportunity for Leland Automotive Group to carry out another major reform.

Through relevant connections, the news that Zhang Qizheng planned to acquire a car brand had reached Steven Anastasi as quickly as possible.

For Steven Anastasia, this is not an opportunity.

An opportunity to increase Leyland Automotive Group's revenue while mitigating losses.

"Mr. Su Cheng is actually interested in Austin?"

After the subordinates finished their report, they left, while Steven Anastasi stayed in the office to study the feasibility of selling the car brand.

He did not expect that the first person to apply to Leland Auto Group to purchase a car brand was not a major car brand, but the super-rich man from Sioux City.

But Mr. Su Cheng seems to have no contact with the automobile industry, right?

Steven Anastasis thought about it, but it seemed that he didn't.

In the UK, Sioux City is as famous as in Hong Kong, and almost everyone knows it.

The same goes for Steven Anastasi, of course. He still has some understanding of some of Sioux City's industries.

"If it were other brands, such as Mr. Su Cheng who wanted to buy the Rover brand, the business might not be done, but what he is interested in is actually Austin, which currently does not have a very high presence. So with Mr. Su Cheng Maybe a deal can be reached," Steven Anastasia thought.

As long as the neutral group of people on the board of directors are persuaded, then the conservative party will not be able to stop this transaction at all.

If the Conservative Party is no longer a problem, then he will be very confident in convincing the SASAC.

After all, the state has the final say in today's Leyland Automobile Group, and their group of board members are just working for the British government.

Moreover, if it was just about selling the Austin brand, the conservatives wouldn't be too much in the way. At the beginning of the group merger, the owners of Austin Auto also had a say in the board of directors.

If they were still there, they would naturally block the deal.

But Austin had already transferred all his shares in Leyland Automotive Group through transactions more than ten years ago.

In addition, in the past two years, Leland Automobile Group has focused on the joint venture with Honda Motor Co., Ltd. in the production of ordinary cars. As for Austin, they have already abandoned it.

Therefore, Austin's presence in the entire Leland Automobile Group is getting lower and lower.

Steven Anastasia is definitely inclined to reach this deal, even if Sioux City has not yet made an offer.

After making the decision, Steven Anastasia planned to discuss the matter with his main staff first, and then find a way to convince the neutral group.

If you want to sell, do it as early as possible.

There are so many international car brands. If Mr. Su Cheng wanted to acquire them, it would not be difficult.

Steven Anastasia didn't want to miss this opportunity.

Today, Leyland Automobile Group relies on government subsidies almost every year to survive.

If the burden is reduced and there is new income, it will undoubtedly be good news for the entire Leland Automobile Group.

While discussing the matter with his subordinates, Steven Anastasi also asked his subordinates to send news of the intended sale back to Zhang Qizheng.

In the age of telephones, information was transmitted very quickly.

Less than half a day had passed since Zhang Qizheng delivered the news, and he had already received feedback from the other party.

"Boss, Leland Automobile Group has already replied to me. They intend to sell several car brands such as Austin and even MG, but I need to go over and have detailed discussions with them." In the evening, I was meeting with Gillian Ami and Zhong Chuhong in the villa yard. Su Cheng, who was playing badminton with others, received a call from Zhang Qizheng.

"Uncle Zhang, then go over and talk to them. As long as it is within the range of the market price, Uncle Zhang makes the decision." Su Cheng said directly.

The acquisition of an automobile sub-brand under Leyland Automotive Group is not a big deal.

If it's a mass or universal product, that's a big deal.

Zhang Qizheng has already given an estimate before. If it is just to acquire a sub-brand, spending 10 million pounds is considered to be a top-notch amount. This is still an exaggeration. To put it at a low level, maybe a few million pounds can be done.

After all, how can it be too expensive to acquire a car brand that is losing money?

The difficulty in the acquisition is just whether the other party agrees to sell. If they agree to sell, it is a small business for Suzhou City, even smaller than the acquisition of China Bus.

In addition, it is also difficult to move all the technology and production lines of this brand to Xiangjiang. Even if others agree to sell the car brand, they may not agree to move the production lines out of the UK. If you can convince this, everything can be easily discussed. .

Because of this, Sioux City never considered going to the UK.

It's too far away, there's no way he could run all the way there just for this little thing.

Although the British royal family also invited him to visit the UK, Sioux City has been delaying the visit on the grounds that he is busy and has no time.

"Okay boss, after I arrange things in Xiangjiang, I will go to London and I should leave within this week. I will negotiate with you as soon as possible!" Zhang Qizheng replied. (End of chapter)

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