Super quality mind

Chapter 433 The Lost Ferretti
This is the first time that Shi Lei has seen the lineup of a large company's acquisition negotiation. Taishi International Asia Pacific Branch alone has a negotiation team of more than 20 people, and Ferretti has pulled out a negotiation team of nearly 50 people .

When Shi Lei participated in the negotiation for the first time, he was shocked to find that there were so many people.This is a big company. The two or three people he negotiated in the past are simply incomparable.

"How about it, Leizi, participating in this kind of large-scale acquisition negotiation, can you gain a lot of knowledge?" Shi Xitong asked with a smile.

"Dad, do you need so many people for the negotiation? Is it necessary to finalize the details of the contract at once?"

"Details? These people can only finalize the framework. When it comes to the details, people need to be added. This is still a small number. In the future, if you have participated in a negotiation team of [-] people, it will be a real large-scale negotiation." Shi Xitong took the photo Patting Shi Lei on the shoulder also showed this proud son that his small fights are nothing.

Although Taishi International can't give advice, every acquisition can affect tens of thousands of people, which is completely different from Shi Lei's agency company.He just wanted to arouse Shi Lei's interest and make Shi Lei like this kind of negotiation. How good would it be to join Taishi International in the future, wouldn't it be much better than that small five-party group?

Shi Xitong handed a piece of information to Shi Lei: "Look at it, it's translated. These are the information we collected and Ludong Heavy Industry. It shows that Ferretti has invested too much money in research and development in the past two years. The sales situation is mediocre. After the parent company took profits according to regulations, Ferretti has gradually been unable to make ends meet, and has been losing money for two consecutive years. Now Ferretti’s parent company plans to sell, but the price is [-] million euros. We made a preliminary contact and they lowered the price To [-] million euros, our goal is to win [-] million euros."

A difference of [-] million euros between the buying and selling price?Is this too bad?Are all big companies like this?One hundred million euros is not a small sum.

"Dad, why is there such a big difference? Isn't Ferretti the largest yacht design and manufacturing company in Europe? There is also the world's largest sports yacht. It has only been losing money for two years, so it shouldn't be so bad?" Shi Lei flipped through the pages. information, while asking.

Shi Xitong flipped through the documents, pointed to the debt item, and asked Shi Lei to take a closer look.

Liabilities of [-] million!
Damn, it's no wonder that Ferretti's parent company is in a hurry to make a move. It turns out that Ferretti's negative equity is already so high, so Ferretti is now an empty shell?

"Dad, Ferretti has become an empty shell, is it still worth buying?" Shi Lei asked curiously.

"It's not an empty shell. Although Ferretti has a lot of debts, it still has nine high-end yacht brands, a shipyard, and some cutting-edge design technologies, all of which can be converted into assets. This is why I want to The reason for the acquisition of Ferretti, even if the payment will be relatively high."

"You mean, the goal of Ludong Heavy Industry is to design technology? Then all these debts are borne by Taishi International?" Shi Lei still felt that it was not worthwhile.

"Taishi International is burdened? How is this possible? We will restructure the assets of the Ferretti Group, as well as restructure the debts. Separate the good assets from the bad assets, sell some of them, and declare bankruptcy on the other. We can't lose money." Shi Xitong has been investing for so many years, and they are very clear about this method.

The two chatted while waiting for the other party's negotiator.After a while, a typical European appeared in the conference room, nodded at Shi Xitong, and sat opposite Shi Xitong.

Shi Lei was carrying a translator, so he could probably understand what the other party said.It's just that the other party's speech is very fast, and the Italian pronunciation has a bit of an accent, so Shi Lei couldn't hear it very clearly.

This Italian is called Amor, who is the representative of the controlling party of the Ferretti Group and the representative of the main creditors of the Ferretti Group.He believes that the Ferretti Group has only been operating poorly in the past two or three years, and as long as new funds are injected, it will turn around soon.So he asked Taishi International to pay 70.00 million euros, and can sell [-]% of the shares to Taishi International, and they will bear the other debts.

Shi Lei frowned tightly, why was it different from what his father said.Didn't it mean that the Ferretti Group intends to sell all of them? Why is it only selling part of the shares now?Let's say 70.00 million euros in exchange for [-]% of Wu's shares, which is equivalent to their initiative to lower the price.

Shi Xitong didn't expect that after holding on for such a long time, the other party actually changed the negotiation plan.If it was in the past, Taishi International would have liked this kind of acquisition plan very much. It costs less money and someone shares the risk, so they can still have the money to revive the Ferretti Group.

But it is different now. He is planning to sell the main technology and business of Ferretti Group to Ludong Heavy Industry. If it cannot be fully acquired, there will be a lot of trouble inside.Besides, does the parent company of the Ferretti Group think they are fools? The capital injection of nearly [-] million euros is enough to revitalize the Ferretti Group. Those debts, through some means, will also be reduced to less than [-] million euros. , you can pay it back.That is to say, the parent company of Ferretti Group has made money with Taishi International's money. How can there be such a good thing!
Just as Shi Xitong was about to refute, Shi Lei suddenly poked him and whispered in his ear: "Dad, you can ask him, does the parent company of the Ferretti Group have no money to continue investing in the Ferretti Group?"

Shi Xitong looked at Shi Lei in surprise: "Why do you have such an idea? The parent company of the Ferretti Group takes away so much profit every year, how can it have no money? It's just that they feel that the investment is not proportional to the return, so they don't want to continue Invested."

"Dad, just ask a question, let me observe his expression." Hearing what Shi Lei said, a middle-aged man sitting on the other side of Shi Xitong frowned.

I heard that the son of the boss is a bit capable, but he is too arrogant.He has been engaged in micro-expression for almost 30 years, so he can say that it can also be used by foreigners. How old is this kid, and he still talks about observing the other party's micro-expression?
Shi Xitong looked into Shi Lei's eyes and chose to believe in Shi Lei.He asked Amor in English, and Amor immediately showed a sarcastic smile.

Of course they are not without money, they just don't want to inject it again.The company's strategic adjustment has shifted its main focus from the sea to the point. Now the main product developed is tractors, which are also sold to the world. Moreover, this is much lower in cost and risk than yachts, but it earns no less than yachts.

Shi Lei suddenly laughed, and whispered in Shi Xitong's ear: "Dad, the parent company of the Ferretti Group has invested too much money in tractors and heavy machinery, and has no money to continue investing in the Ferretti Group. Take the money out to save the Ferretti Group? He is bluffing!"

Shi Xitong turned his head and looked at the other negotiator sitting beside him. The negotiator shook his head lightly, but didn't realize what he said in a low voice.The muscles on this foreigner's face were stiff, his eyes didn't flicker, and he didn't make any small movements. He couldn't tell whether the other party was lying.

Whether the parent company of the Ferretti Group has money injected is related to the initiative of the negotiation.If the parent company of the Ferretti Group still has money, then Taishi International will be very passive, and if the negotiation is not right, at worst, others will not sell it, and just find other buyers to sell part of the shares.If the parent company of the Ferretti Group runs out of money, Taishi International can desperately lower the price. The longer the delay, the more debts the Ferretti Group will have and the more the parent company will lose.

"Leizi, are you sure?" Shi Xitong stared at Shi Lei and asked.

"Dad, believe me, I'm sure. The person next to you can't see it, but it doesn't mean I can't see it either. The parent company of the Ferretti Group is also out of money. They urgently need to sell the Ferretti Group to smooth out their debts and focus on tractors. and heavy machinery." Shi Lei said with certainty.

"Okay, then I know."

"Mr. Amor, according to our investigation, your company has invested a lot of money in tractors and heavy machinery, which has almost drained your liquidity. If there is no new capital injection, your two businesses will also suffer losses. Status. The Ferretti Group only needs [-] million euros to revitalize it. Obviously, you can’t get it out.”

"Who said that our company has sufficient funds, and we can still borrow money." Amor's face remained unchanged, as if you don't need to fool me.

"Since Mr. Amor thinks that you still have money, we will give up the acquisition of Ferretti Group. I think there are two other yacht companies that are also in line with our company's acquisition purpose. We can only cooperate next time." Shi Xitong immediately stood up and announced that it would give up the acquisition of Ferretti Group.

Amor was dumbfounded. This agreement has been negotiated for more than ten days, and you suddenly gave up?With so many people here, you have to spend a lot of money to collect information, board and lodging, personnel arrangements, etc. If you say you give up, you give up?I heard that many Chinese people are rich and self-willed nowadays, and he has seen it today.

"Since Mr. Shi said so, I can only regret that you have missed a good opportunity to control the world's top yacht company."

"Really? I think it would be more appropriate for me to take over after another year, when you guys go bankrupt." Shi Xitong said bluntly.

Amor found out that Shi Xitong was not bluffing, he had told everyone to leave, and ordered his subordinates to book a flight back home.

Amor panicked. This time, he is the main negotiator. Once the negotiation collapses, he will bear the main responsibility. The shareholders of the parent company will put all the responsibilities on him. He, the chairman of the board, should also get out of class has ended.

Didn’t no one know about the company’s strategic mistakes that led to capital occupation? Could it be that some shareholders were bought by Taishi International and told them all such important news?
Seeing that Shi Xitong took people away, Amor immediately summoned those directors to a meeting. Now there are only two options. First, give up the negotiation with Taishi International. Taishi International offered a high price. For example, Ludong Heavy Industry was willing to pay [-] million euros without any debts.Second, continue to negotiate with Taishi International, but Taishi International will use this to severely lower the price!
　There was a power outage at home. This was posted in an Internet cafe. Fortunately, I finished writing yesterday. I hope to call quickly, otherwise what will happen tomorrow?Thank you brother Lian for your reward, thank you
　　
　
(End of this chapter)