Chapter 595: Old Friend Norton
"President Norton!"
Hu Wenhai really didn't expect that the person who went to China to meet him this time was an old acquaintance, Norton, the former president of Grumman. Pen "Fun" Pavilion www.biquge.info
At the beginning, he was the one who supported the signing of the contract for the little blue pill from Hu Wenhai, and finally retired. Two years later, he changed the position of president to others, and he retired to the board of directors and became a director who did nothing.
This incident actually invited the former "meritorious president" of Grumman, which shows that Grumman attaches great importance to Hu Wenhai.
Hu Wenhai showed a look of surprise and gave Norton a big hug.
To be honest, when Hu Wenhai was penniless, Norton was able to support his very excessive negotiation demands, and there was really a favor there.
"Long time no see, dear Hu. "Norton seems to be in good spirits and obviously has a pretty good retirement.
In fact, he did not make a mistake and resigned, but took the initiative to retire after making great contributions, and the Grumman Company gave him quite generous treatment, and at the same time, his influence on the Grumman Company was not small at all.
"I haven't seen him for a long time, how is your retirement?" Hu Wenhai looked him up and down and asked curiously.
"Oh, pretty good. The Arizona sun makes me feel like I'm younger again, and you see, I've got a Chinese character tattooed on my arm!
Norton showed his horse-running arm, and sure enough, he had a tattoo of Chinese characters on his upper arm. A very rural style of traditional "愛", I don't know which Vietnamese tattoo artist this old man was pitted......
"Ah, it's good, it's beautiful. Hu Wenhai pulled the corners of his mouth and showed a smile.
Then the two chatted with each other about their lives, and the old man Norton's retirement life was indeed colorful. Occasionally shake off the burden, and the two can still get laughter together, and then laugh out loud.
The two talked for a while, and Hu Wenhai also recovered those memories of getting along with Norton. This old man was not old back then, and he personally verified the effectiveness of the little blue pill, so it can be seen that he is also a second person.
Finally the atmosphere became warmer, Norton gradually guided the topic in the direction of the intention, and asked Hu Wenhai tentatively.
"The board of directors got a report from Wall and specifically invited me back. At first, I refused, you say that I am a retired old man, and what are you doing to get involved in these troublesome things? ”
However, President Shelton said that the board of directors has already studied and decided, and you will be responsible for the negotiation task this time! There is no way, so I have to sell my old face and come to China to meet my old friend. ”
Hu Wenhai patted Norton's knee and laughed: "Old Norton, you don't have to worry, I'm very happy to see you again." ”
"Don't worry, things are always a good thing, when did Grumman suffer from me? cooperate with me, Grumman has achieved what he is today, isn't it?"
Norton touched his well-groomed beard, nodded and said, "That's a good word, but it depends on the specific situation, can Mr. Hu tell me in detail what you want to do?"
"What I want to do is very simple, is to help Grumman buy McDonnell Douglas. As I said, Grumman is a very important partner for me, and we can say that we are a very close strategic partnership, a true friend. ”
"Of course, we are true friends. Norton nodded and listened carefully to Hu Wenhai's speech.
"Yes, true friends. Hu Wenhai laughed excitedly: "So it is the best thing for me for Grumman to be able to develop and grow." However, the future development of Grumman makes it really difficult to be optimistic. ”
"Just looking at Grumman's operations, it's a business that's in good shape. But stormy clouds have already appeared on the skyline. McDonnell Douglas' weakness will have a big impact on the market, especially if it is swallowed up by Boeing, which will make Boeing an unrivaled hegemon in the manufacture of both civilian and military aircraft. In the face of such an opponent, it is useless for Grumman to work well on its own, there is only one winner in the market, and there is no room for second and third survival. ”
"At that time, Grumman had only two options, to get out of the aerospace industry, or to join forces with companies other than Boeing. IMHO, once Grumman loses its dominance over the company, our cooperation will be at great risk of unknowns. ”
Indeed, Grumman's current team and Hu Wenhai are running in very well. The two sides have a high tacit understanding, and the management is also willing to make concessions to Hu Wenhai in some aspects, and each takes what they need in the cooperation.
But if Grumman is merged into another company, how much of the current management will remain at the top? and who can guarantee that the new management will still be able to work with him?
In case there are one or two hawks or patriots in the new management, Hu Wenhai and Grumman are planning some "conspiracy", but they will never see the light of day.
Norton nodded and pondered, "This is indeed a problem, and Grumman certainly doesn't want to lose control of his business. ”
Hu Wenhai struck while the iron was hot: "So we must start before Boeing acquires McDonnell Douglas, Boeing will face many difficulties in acquiring McDonnell Douglas, such as the reaction of Europeans, Airbus will also be afraid to face this behemoth." Grumman's acquisition of McDonnell Douglas was much easier, it was just a matter of money. ”
"It's the funding problem that is the most serious, and the acquisition of McDonnell Douglas will require at least $15 billion. Such a large sum of money was too difficult for Grumman to raise. Norton smiled wryly and spread out his hands, looking helpless.
Grumman also knew the danger of McDonell Douglas falling into the hands of Boeing, and it was impossible to say that he did not want to buy McDonnell Douglas, but McDonnell Douglas was larger than Grumman, and Grumman was going to swallow an elephant with a snake. ”
Hu Wenhai nodded, agreed with Norton's analysis, and then said: "I can help Grumman buy McDonnell Douglas, 15 billion funds, I can contribute 7 billion, Grumman only needs to come up with 8 billion." ”
"After Grumman gets McDonnell Douglas, he can digest the military aircraft part by himself, and package the resources of the civil airliner part into Xinfei Company. In this way, with the guarantee of the Chinese market, McDonnell Douglas does not have to worry about the civil aircraft business. ”
"Eight Billion ......"
Norton's expression looked very tangled, and he shook his head after a while: "Even if it is eight billion, it is difficult to persuade shareholders to continue to invest such a large amount of money." Grumman was able to come up with only four billion at most. ”
Moreover, with all due respect, where will Mr. Hu's 7 billion yuan be raised? The acquisition of McDonnell Douglas has a bearing on US national defense, and the issue of the source of funds is very sensitive. ”
Of course, the money is from a clean source, and Grumman can rest assured. Hu Wenhai looks confident.
Norton shook his head lightly and insisted, "I'm listening, Grumman hopes to know Mr. Hu's specific fundraising plan before making a judgment." ”
"Well, I wish our conversation could be confined to this house. Hu Wenhai pointed to his feet and said, "Out of this door, I will never admit that I said this." ”
"As a national defense engineering contractor, commonly known as an arms dealer, Grumman must be no stranger to making war money, right?"
Hu Wenhai chuckled lightly and continued: "As long as the war starts, wealth will always follow. Since the end of the Iran-Iraq war, Saddam Hussein has not only failed to benefit Iran, but has incurred astronomical debts. IMHO, Saddam Hussein was definitely not a man who was willing to pay back honestly. ”
For Saddam, he can only comfort himself that the Iran-Iraq battlefield is for the entire Middle East world, blocking Iran's sect @ religion @ revolution @ life export. So when I turned my head, I saw that a group of rich relatives I protected were spending all day drinking, helping them guard the door and beating them with five labors and seven injuries, but they had to sell their blood to pay them back. Saddam Hussein has already expressed the hope that the creditor countries in the Middle East will be able to reduce or reduce some of Iraq's debts, but unfortunately, in our Chinese words, this is called a good fortune that is difficult to give up. ”
Norton's arms dealer's genes have given him a keen insight into the international situation: "Saddam Hussein's expectation that other Middle Eastern countries will pay for him is simply delusional. ”
"And then?"
Hu Wenhai spread his hands: "It just so happens that there is such a particularly wealthy relative next to him, and it doesn't seem to be armed, and the force value is not comparable to Iraq, which fought the Iran-Iraq war for ten years......"
"You're talking about Kuwait?"
Norton frowned and looked down in thought, going through the information between Iraq and Kuwait in his mind.
Kuwait is a small country, the size of Kuwait City. But in terms of oil reserves, the country is of great importance internationally. Once Iraq takes Kuwait, its oil reserves can immediately climb to one-fifth of the world's reserves, making it the country with the largest oil reserves.
More important is the vast wealth of the Kuwaiti royal family, which manages hundreds of billions of dollars abroad through investments and funds. This is really a fall for Kuwait and a full meal for Iraq.
"However, Kuwait is an important ally of the United States in the Middle East, and if Iraq dares to attack Kuwait's idea, is it not afraid that the US military will trouble him?"
"What kind of person is Saddam?" Hu Wenhai sneered: "With Iraq's economy, if they rely on themselves to repay their debts, they don't know that they will have to repay them until the Year of the Monkey." The poor on the left and right are left with only one rotten life, and Iraq has no other ability than to fight a war, so what is there to hesitate about? The Iran-Iraq war has not been won, and the prestige of Saddam Hussein has already been dealt a very big blow. The barefoot is not afraid of wearing shoes, he always has to gamble. If you win the bet, you will immediately be the savior of Iraq. ”