Reborn Capital Empire

Chapter 294: left hand for right hand

Chapter two hundred and ninety fourth left hand for right hand

When flying by helicopter from Shanglinyuan to the Phoenix headquarters building, Guo Shouyun saw from the sky that most of the wreckage of the World Trade Center had been cleaned up. The ferocious steel bars and the building that was blackened by the fire are still describing the tragic disaster. Although the distance between the two sides is hundreds of kilometers, the impact of the scene visible to the naked eye far exceeds the same content on the TV screen.

"call!"

Guo Shouyun took a deep breath. Although such a scene has nothing to do with him, his heart is still a little complicated.

"Boss, I heard that the Council has authorized the President to use force against Afghanistan!" said Wendy, who was sitting next to him and also looked at the wreckage of the WTO.

Guo Shouyun nodded, "It was unexpected!"

"By the way, stimulated by the war, oil and gold have begun to rise again. The stock and bond prices of Boeing, Lockheed Martin, Raytheon, General Dynamics and other arms companies have all risen to varying degrees."

"Zhang Shaoling and the others are probably too happy to keep their mouths shut now, right?" Guo Shouyun said with a smile.

"Well! If the war can last for three months, then the Thunder Fund's investment in it can increase by at least 30%!" Wendy said with a smile on her pretty face.

After nodding slightly, Guo Shouyun didn't say much about it. Because, apart from him, no one in the world believes that fighting Afghanistan with the strength of the United States has been stalemate for 16 years without success!

The helicopter landed on the apron on the roof of the Phoenix Office Building.

"boss!"

William Zhang greeted him with his secretary.

"Have they all arrived?" Guo Shouyun asked after nodding.

"It's all here, now in the conference room!"

"Well, let's go!"

After a simple exchange, the group hurried downstairs to the office area of ​​the Phoenix Building. After pushing open the glass door of the conference room. Rebecca Mark and her team, Michael Moretz and Phoenix Capital's team have sat here on the left and right sides.

"boss!"

"BOSS!"

After the eyes full of majesty quickly swept across the crowd, Guo Shouyun waved to the crowd.

"Time is precious, so we won't say more polite words, and then go straight to the topic!" After a pause, "Michael, you are the CEO of Phoenix Capital, how much capital can Phoenix Capital use now? I mean PE department!"

"We don't have much liquidity. If we raise money, we can come up with around $800 million!"

"$800 million!"

Guo Shouyun nodded and turned his eyes to Rebecca Mark next to him.

"Rebecca, are you ready for the list of companies with rectification value that I asked you to collect?"

"It's ready. Now, there are 153 loss-making enterprises with rectification value under the entire Enron Pacific Company, involving 32,300 people, involving 37 industries such as paper making, wood processing, and machining, with total assets of 17.9 billion US dollars. ... This is The simple information and more detailed information of these enterprises have been organized into books and are currently stored in the company's safe."

After taking over the information handed over by Rebecca Mark, Guo Shouyun showed a look of satisfaction on his face. You can come up with this information in less than a week. Although Rebecca is very familiar with this factor inside Enron, it can also be seen that her work efficiency is high.

"Have the major loss-making projects been picked out?"

"It's picked up! Azuricos water operations, gas pipeline operations in Colombia, Mozambique and Bolivia, power plants in Dabor, India, Cuiaba, Brazil, Teesside, UK, Cape Town paper mill, Collett Steel Manufacturing Company, Thailand NSM Steel Company, and Enron Optical Fiber Communication Network are temporarily merged into Southern Telecom. The above 11 companies with assets exceeding 1 billion US dollars and loss-making projects that meet the business scope of Anping Company or other companies under the boss's needs are not included here. In the list!" Rebecca Mark quickly said.

There are some farms, slaughterhouses, chain stores and transportation companies within Anping Company, all of which fit the taste of Guo's business group, so they will be reserved for them.

Guo Shouyun nodded and handed the list to Michael Moretz.

"After you read it, give it to Paul!"

"Boss, these...?"

Looking at Michael's inquiring eyes, Guo Shouyun nodded and said: "I will give you the funds, half price for the loss-making companies, and parity for the profitable companies, and buy them from Anping Company. Within five years from today, Phoenix Capital PE The main task of the department is to rectify and sell them! The proceeds will be used for the development of Phoenix Capital."

While surprised, Michael Moretz secretly said "sure enough" in his heart.

"Boss, these projects are too many. At present, our department has less than 300 people, and we can't handle so many loss-making projects." Paul Lehman hurriedly complained.

As the head of the PE department of Phoenix Capital, even if he has always had confidence in himself, he can't help but feel overwhelmed when he sees the dense list of companies in his hand.

"If you don't have enough people, you can recruit. I will give you the money and the time. If you still feel that you are incompetent in this situation... Paul, maybe I should consider changing the director of Phoenix Capital!"

Looking at Guo Shouyun's deep eyes, Paul Lehman's scalp was numb, and suddenly he felt that the prestige on the new boss was several times stronger than before!

"Boss, I will complete the task you gave me in the shortest time possible!"

Guo Shouyun nodded, "If you encounter problems, try to communicate with Rebecca. She is more familiar with these companies than you are!"

"Yes!"

Rebecca Mark also nodded.

After explaining the matter, Guo Shouyun breathed a sigh of relief. It was not his whim to let Phoenix Capital undertake the rectification tasks of Anping Capital. But for three reasons. First, share the burden on Rebecca and try to get Anping out of the predicament before the subprime mortgage crisis. Second, the PE department of Phoenix Capital already has the business of integrating and selling loss-making companies. It is also a professional counterpart to give Anping's internal losses and companies that do not meet the business scope.

Finally, for capital considerations; this time Thunder Fund's gains from the gold market and CDs add up to nearly $30 billion. Half of the money belongs to himself, and for this part of the money, he can avoid high capital gains tax through charitable donations. But the other half will not work. For Leiting Fund, this part of its income is called corporate income tax. The maximum donation ratio of corporate income tax is 10%, which means that the remaining 90% still have to pay up to nearly 50% of corporate income tax. . Guo Shouyun is naturally unwilling to hand over billions of dollars in corporate income tax.

To avoid this part of the tax, the best way is to increase the debt of the Thunder Fund. Of course, the Thunder Fund has zero debt, and it's very difficult to add to it. Fortunately, Phoenix's shareholding in Lei Ting exceeds 80%, so the debts of both parties are calculated in parallel. Therefore, Lei Ting's income will first deduct part of the debt, and UU reading www.uukanshu.com is calculating the part of the tax.

Phoenix's debt isn't too much, though. Even after deducting part of it, the remaining taxable funds are still as high as 10 billion US dollars. So, in order to reduce taxes, Thunder's debt still needs to be expanded.

Under such demand, Guo Shouyun thought of this method of changing his left hand to his right. Purchase of loss-making and sold companies under Anping Capital through Phoenix Capital. In this acquisition, it is easy to amplify the debt level of Phoenix Capital, and maintaining these companies also requires funds. $100 million in tax dollars down to single digits.

In addition, after selling this part of the enterprise, Anping Capital also obtained precious working capital, which reduced the burden. In the future, there will be funds for the reconstruction of the Teesside project and the Dabor project, and Guo Shouyun will not need to continue to invest.

As for the taxes to be paid on this part of the deal, no joke. Now the entire Anping company has more than $70 billion in debt. The annual interest is no less than 5 billion. Coupled with administrative expenses, write-down of book assets, etc., it is impossible to pay corporate income tax within two years!

……………………………………

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

You'll Also Like