Chapter 228

According to Dafeng Motor’s announcement, Dafeng’s first offer for the acquisition of Weipeng Motor is RMB 20 billion in total. Once Dafeng’s acquisition is successful, Dafeng Motor promises to assume all the debts of Weipeng Motor.

In addition, in terms of the acquisition amount, Dafeng Motor will use 15 billion in cash and 5 million in Dafeng Motor stock to pay. After the transaction is successful, Dafeng Motor will hold 100% of Wei Peng Motor’s equity. And Wei Peng Automobile will hold about 0.1% of the equity of Dafeng Automobile.

In addition, Dafeng Motor also promised some other conditions in the announcement, specifically including that Dafeng Motor will increase capital to Wei Peng Motor and provide technical support to help Wei Peng Motor return to the peak of the year.

At the same time, Dafeng Motor even made a promise to launch at least three new cars in the next five years!
This announcement can be described as full of sincerity.

As soon as the news that Dafeng Motor announced that it would participate in the acquisition of Wei Peng Motor came out, it immediately caused a great sensation in the world, and domestic and foreign media rushed to report and comment on this matter.

The "Wall Street Journal" believes that "this acquisition is an important part of Dafeng Motor's layout in the Chinese market. Once the acquisition is successful, it will further consolidate Dafeng's leading position in the Chinese market"!
German "Der Spiegel Weekly" said, "The acquisition of Wei Peng Automobile further demonstrates that Dafeng Automobile attaches great importance to the Chinese market. This is of positive significance to the revitalization of the Chinese auto industry, and all parties in China should support it unconditionally."

Compared with the cheers abroad, many domestic media keenly pointed out that if Dafeng is allowed to complete this acquisition, the consequences will be disastrous.

A commentator from Southern Metropolis Daily believes that "Weipeng Auto's bankruptcy itself has increased the burden of survival for private car companies. Once Dafeng takes the opportunity to enter the game, it will further lead to difficulties in the survival of domestic private car companies. It is obviously not conducive to the development of the country's auto industry, and it is by no means as good as the Western media's propaganda."

Even many professionals in the auto industry issued a statement, "Dafeng Automobile's acquisition of Wei Peng Automobile is definitely a transaction that does more harm than good in the long run, and it is likely to form a chain reaction, leading to more private car companies going bankrupt. .”

Compared with the pessimism in the media world, consumers hold diverse views on this news.

"Survival of the fittest, the bankruptcy of private car companies, we can only say that our ability to resist risks is too weak, and we cannot blame all foreign car companies like Dafeng Automobile. We should also reflect on it ourselves. Only relying on policy protection, That's like the flowers in the greenhouse, which cannot withstand the wind and rain."

"As long as it does not violate the domestic anti-monopoly law, Dafeng's acquisition of Wei Peng Automobile is just a normal market behavior. Since the country has been advocating the development of a market economy, there should be no government intervention."

"Actually, I am more concerned about the impact of this incident on Mercedes-Benz. After Dafeng takes control of Weipeng Motors, will it have a great impact on Mercedes-Benz? This is not what I want to see."

"Speaking of Mercedes-Benz, it would be great if it could acquire Wei Peng Motors. These are two of my favorite private car companies."

…………

While the entire international auto industry was buzzing, Dafeng Motor, which had been prepared for a long time, was also led by Jonathan to the Wei Peng Automobile headquarters in Ninghang City, and started the acquisition negotiation with Ma Huafu.

Since it is an acquisition, there are very few acquisitions that can be negotiated at one time. As the acquired party, Ma Huafu is obviously dissatisfied with Dafeng Motor's offer this time.

"Mr. Jonathan, although our Weipeng Automobile has come to where it is today due to poor management, it is a bit unreasonable to want to buy our entire company for 20 billion yuan?"

Ma Huafu looked at Jonathan who was on the side and said.

To be honest, Ma Huafu has always had a grudge against Dafeng Motor. If Dafeng hadn't unilaterally tore up the contract, Wei Peng Motor might not have fallen to where it is today.

But the resentment in my heart is resentment. He is the chairman of the company, so he has to seek the best interests for all shareholders. Dafeng Motor is the first to make an offer, and it is currently the only company that has publicly announced that it will acquire Wei Peng Motor. MCA Mr. Fu can't directly reject the other party.

"The 20 billion yuan is only on the surface, and 20 million yuan will be paid in the form of stocks. The future growth potential of our Dafeng Motor stock is very large, so it is [-] billion yuan, but it is actually more than that. , this point, I hope Mr. Ma can distinguish clearly." Jonathan explained with a smile.

"We only look at the present value. As for how much the stock price will rise in the future, I don't care. If your company insists on only bidding 20 billion yuan, then we will definitely not agree to this acquisition." Ma Huafu shook his head.

Since the stock price may rise, there is a danger of falling. Ma Huafu will not be deceived by such rhetoric.

"We have already reviewed the financial statements of Wei Peng Automobile. At present, the total market value of your company is about 25 billion, but don't forget that we have also assumed all the debts of your company. If you count these, the actual quotation has already Does Mr. Ma still feel dissatisfied if it exceeds the current value of your company?"

It makes sense for Jonathan to speak so hard now. Before the negotiation, he had tested the attitudes of state-owned car companies such as Chunqi and Shenqi. The car and the Mercedes-Benz car did not have any action.

Except for the Mercedes-Benz company that Fred has been worried about, Dafeng Motor is almost the only company interested in acquiring Wei Peng. As long as the Mercedes-Benz company does not participate in the competition, Jonathan even feels that 20 billion is a bit too much!
Because Wei Peng Auto has no choice!
As for whether Feichi Company will participate in the competition, at least according to the current information, there is no movement from Feichi Company, which gives Jonathan great confidence, he is not worried that the other party will directly reject Dafeng.

At most, we can't reach an agreement the first time. Wouldn't it be enough to talk a few more times?

Even if Mercedes-Benz Company intends to acquire Wei Peng Motors, as long as everything is negotiated before Zhou Fei's action, and the raw rice has been cooked, no matter how much Mercedes-Benz Company has an idea, it will be useless.

So now Jonathan wants to make a quick decision, so as not to have long nights and dreams.

In the following time, the two sides conducted negotiations again and again around the purchase price, but they still could not reach a consensus on this point. Jonathan has been clinging to the offer of 20 billion yuan, while Ma Huafu thinks that such an offer is too much. Low, the company cannot accept it.

"How about this, let's talk about this acquisition at another day."

The two sides have been talking continuously for more than an hour. No matter how deadlocked it is, there will be no substantial progress, Ma Huafu suggested.

"Of course, let's set the next negotiation in three days." Jonathan smiled and nodded.

 Happy Tanabata everyone????????
  
 
(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like