Chapter 65: Crossing the Threshold

After submitting the latest offer, Ford has not responded for a long time, and has been saying that it is negotiating internally. Every time he received a call from a foreign country, Han Hao hoped that good news would come, but he was always disappointed that the bidding results did not come out.

As time passed, his energy was involved in other work, and his concern for Jaguar Land Rover was much less.

Good luck always comes unexpectedly.

Late one night, Han Hao was sleeping in a daze, and his private mobile phone rang suddenly, and he subconsciously connected the phone.

"Good news, we won!"

The words shouted in English came from the other side, which made Han Hao a little confused for a while, and he had to ask the other party to repeat it.

"Ford is going to sell Jaguar and Land Rover to us!"

As soon as he heard Jaguar Land Rover, Han Hao immediately woke up, which was exactly what he had dreamed of during this time.

It's late at night in China, but it's daylight in the U.S.

After Ford Motor notified the M&A team of Zhonghua Group's results, they immediately told Han Hao the good news.

The things that have been pursued for a long time suddenly arrive, and most people must be confused.

After hanging up the phone, Han Hao felt a burst of amazement, closed his eyes after a long sigh of relief, and reviewed all the behaviors he had done to bid for Jaguar Land Rover.

Han Hao personally flipped through every page of the investigation report made by the M&A team, and he understood that the two major brands of Jaguar and Land Rover have deep development potential, and what they lack is capital investment.

Getting Jaguar Land Rover can make Zhonghua Group, which has entered the top ten in the world in terms of sales, officially become a member of the world's automobile giants.

"What's going on?"

Chen Lingxi, who was woken up by the phone, saw her husband pacing back and forth in the bedroom and asked.

"Ford agreed to make us the first bidder, and if nothing else, the two luxury brands Jaguar and Land Rover will marry into the Chunghwa Group!"

The good news is to be shared with those closest to him, and Han Hao can't wait to tell his wife the content of the call.

"Great, I knew what you wanted to do was going to work!"

Knowing that this is the matter that her husband is most concerned about recently, Chen Lingxi is also happy about it.

Since then, Han Hao has no sleepiness, he came to the study and turned on the computer to prepare to talk to the M&A team in the United States remotely, and he will take a private jet to the United States early tomorrow morning.

Becoming a preferred acquirer does not mean that the merger and acquisition has ended, but it is just that it has passed the entry level, and Ford Motor will conduct one-on-one in-depth negotiations with Zhonghua Group.

It involves annoying intellectual property rights, such as the supply of engines used by Jaguar Land Rover, and the division of intellectual property rights that cannot be disclosed to Chunghwa Group's own brands. In addition, in terms of finance, the two sides will also negotiate the division of property, such as how much Jaguar Land Rover has fixed assets and how it will split up with Ford in the future...... Of course, the most important thing is that the merger and acquisition amount of the two parties will continue to be negotiated on the initial quotation of 4.5 billion, and the two parties will try to close the transaction at the market price.

The next negotiation period is three months, and if the two sides agree, then China Group will officially take ownership of the Jaguar and Land Rover brands.

Of course, this is the final result, and the transaction will only be officially effective after the antitrust approval of the United States, the United Kingdom, the European Union and even the Chinese government.

Soon, the news that Ford listed Zhonghua Group as a preferred acquirer was reported in major financial media in the United States. Not surprisingly, Jaguar Land Rover, the two British brother brands, will once again change their doors and become the pioneers of the Chinese.

"Chung Wah Group has good potential and we think they are the best place to belong to the two brands, Jaguar and Land Rover, and the company's trade union has expressed the same opinion.

We will look forward to a satisfactory outcome throughout the M&A process in the best interests of our workers and the Jaguar Land Rover brand. ”

Ford Motor issued a simple statement about this, and as it continued to lose money, they were eager to get rid of the two brands.

Although the American media is not optimistic about this business, it has to be admitted that it is a milestone. Some media claimed that this was a trumpet for Chinese companies to blow the charge to the US market, calling on the majority of Americans to be wary of Chinese landing in the United States after Japanese and South Korean companies.

In the 80s of the last century, Japanese cars landed in the United States in a big way, but American car manufacturers suffered a lot. Now that the three major U.S. auto groups are half-dead, it is a big threat for Chinese cars to take the opportunity to land.

It is through this news that many consumers around the world first realized that China's Zhonghua Group, an unknown company, dared to swallow a well-known luxury brand.

In order to popularize the background of the China Group, Han Hao, the founder, was also widely reported, and then everyone learned that he is the richest man in China, and his companies play a pivotal role in China.

In the past, Zhonghua Group built factories in Russia, India, Iran and other places to export brands and took the road of internationalization, but it did not have the influence brought by this participation in the acquisition of Jaguar Land Rover. Almost overnight, the Chung Hwa Group became a household name in American political and economic circles. Global public opinion is basically in the hands of the Western media, and this time the China Group came to the United States to focus on something, so that they began to report on this Chinese auto company.

"Be wary of the arrival of Chinese, their products will take up all your living space!"

"It's only a matter of time before Chinese cars land in the U.S. market, and aging U.S. auto companies can't match. ”

"The Chinese have sounded the horn of counter-offensive, and we must meet their arrival as we did with Japanese cars. ”

......

Many points of view have been revealed, and the brain-opening of them shows that the US media is both familiar with and unfamiliar with China.

Tata Motors was also informed of the outing, which was expected.

When the British trade union delegation returned from China satisfied, Tata Motors' advantage was gone, as the union publicly expressed its willingness to accept the Chung Hwa Group as its new owner. Moreover, in terms of quotation and capital financing, Zhonghua Group has to take the lead.

It is against this background that Ford Motor finally finalized Zhonghua Group as the preferred acquirer.

Although reluctant, but there is no way, the strength is not good, so I have to congratulate Zhonghua Group on becoming the leader.

Ratan made a special phone call to congratulate him, saying that he hoped to repair the relationship between Tata Motors and Chung Hwa Group because of the previous rivalry between the two companies.

"Han, congratulations, you guys who performed better won, and we lost convincingly. I hope that we can continue to cooperate in the automotive field in the future, and if possible, we will introduce Jaguar and Land Rover to the Indian market together in the future. ”

"Thank you, as we agreed before, the sale is not lovely, and this will not affect the friendly relationship between our two companies. ”

Han Hao also thanked the other party very graciously, Tata Motors is an important partner of Chunghwa Group in India. At present, the products of the joint venture plant have been squeezed into the top three ranks of the local market, and the development momentum is very strong, which poses a huge threat to the former overlord Suzuki Motors.

It is expected that the sales volume of the Indian automobile market will exceed 2.5 million units this year, and the joint venture products of the Chunghwa Group will account for more than 25% of the market.

"If I had acceded to your request earlier, perhaps I would have opened a champagne with you today. ”

Before hanging up, Ratan said jokingly.

At the beginning, Han Hao proposed that the two families divide up Jaguar Land Rover, but Ratan did not agree, and now he can only watch as Zhonghua Group is in his pocket.

The first rays of sunshine fell on the land of China again, and the Chinese media woke up to find big news from the United States.

The Chunghwa Group really wants to bring luxury car brands like Jaguar and Land Rover back to China, which is a very long-term act of Chinese people's ambition.

You must know that the domestic automobile industry has always been considered that the mud cannot support the wall, and the market has not exchanged good things for nearly 30 years, but has given up the domestic market to the international auto giants.

Fortunately, Zhonghua Group is still competitive, not only fighting back and forth with joint venture brands in the domestic market, but now it has also gone abroad to acquire luxury brands such as Jaguar Land Rover, which has really saved some face for China's auto industry.

Although it was only a preferred bidder, the domestic media still skipped the direct term, believing that the Chinese's acquisition of Jaguar Land Rover was already a sure thing.

Many media gathered in Jiangzhou, hoping to get first-hand information from Zhonghua Group.

However, before the dust settled, Han Hao didn't dare to celebrate in advance like the media, he knew that there was still a lot of way to go. Whether it is an in-depth negotiation with Ford or a review by various governments, it is not a simple matter.

"We are very pleased to be the preferred bidder for the Jaguar and Land Rover brands, thank Ford for their favor, and hope to reach a consensus as soon as possible in the next negotiations. ”

Zhonghua Group issued only a brief statement and did not disclose much about the merger.

On the contrary, as soon as the stock market opened, the concept stocks of China Group will be subject to the daily limit, as long as the good news is in the bull market process, the Chinese stock market has broken through the 4,000-point mark and is heading towards 5,000 points. Huaxia Automobile, which is listed on the A-share market, has risen by nearly 200%, and the overall market has exceeded 300 billion yuan, which is almost equal to the traditional giants such as General Motors and Ford Motor combined.

If the market value of the five listed companies directly under Zhonghua Group, Huaxia Automobile, Zhonghua Motor, Shenzhou Seiko, Zhonghua Truck, and Zhonghua Bus are added, the overall market value will reach 90 billion US dollars, which can be on a par with Mercedes-Benz Group.

Toyota, the world's largest auto company, has a market capitalization of more than $200 billion, and if China's stock market continues to rise, it is not delusional to surpass Toyota.

"The stock price is too high, and the average price-to-earnings ratio of the domestic stock market is more than 40 times. There is still a lot of gap between us and the international giants, and the stock price cannot support such a high valuation if we use them as benchmarks. ”

Finance officer Yin Qingxun continued to persuade Han Hao to sell his shares and cash out, in his opinion, now is a once-in-a-lifetime opportunity.

"It's better for you to sell your shares to cash out and then lend the money to the company for free, than if you use your equity to pledge it to the bank. Just take this opportunity to get back the previously mortgaged equity, and you can also get a large amount of activity funds. ”

He also gave Han Hao a good idea to use to allocate his net worth assets.

Some people shouted that China's stock market should rush to the 10,000-point mark like Hong Kong, which is a pipe dream in Yoon's view.

When Han Hao went to the United States to negotiate, Yin Qingxun was authorized to cash out Han Hao's stock net worth for a large amount under the framework of the law, and he was full of cash for the next business activities.