Chapter 0586 Funding Gap
Zhou Jingming's idea is to use the price of 600 million US dollars to take Rolls-Royce Motor Cars under its umbrella, and his offer is based on the 1998 BMW Motor Company 1 billion marks, about 571 million US dollars offer to acquire Rolls-Royce, although at that time between BMW and Volkswagen, Rolls-Royce Motor Cars is more inclined to sell itself to BMW, but Volkswagen's 1.44 billion marks (about 800 million US dollars) offer, so that Rolls-Royce's parent company, Weeks Group, is extremely excited.
In the end, the Weeks Group held a shareholders' meeting, and the two major shareholders at that time were very annoyed that Rolls-Royce chose BMW, and BMW always refused to raise the acquisition offer, believing that one billion marks was already the limit, so finally after the decision of the shareholders' meeting, Rolls-Royce Motor Cars was sold to Volkswagen, and BMW, as a "retaliation", announced that it would stop providing engines and other related parts to Rolls-Royce.
If the acquisition is carried out according to Volkswagen's offer, it will exceed Zhou Jingming's initial budget of 200 million US dollars, which will increase the pressure on Tianming Company a lot, which is also something that Zhou Jingming has been worried about.
Now Zhou Jingming is just looking forward to winning the acquisition of Rolls-Royce in one fell swoop before Volkswagen and BMW have no official offers.
As long as BMW and Volkswagen do not participate in this competition, Tianming Automobile Company can complete the acquisition of Rolls-Royce for less than $600 million.
But in business, everything is uncertain, just in case, Zhou Jingming still has to be prepared.
"This matter is our company's internal business activities, is it appropriate to find Minister Li and them for this matter?" Zhao Ke asked with some uncertainty.
"It's okay, I know in my heart that the acquisition of Rolls-Royce Motor Cars is not only related to the interests of our company, but also closely related to the country's development strategy for the automobile industry, so it must be no problem to ask Minister Li for their help in this matter. Zhou Jingming replied with a smile.
As early as a few years ago, Chen Dongsheng approached Zhou Jingming for the development of Hongqi car, and wanted Zhou Jingming to come forward to promote the Hongqi ultra-luxury car brand to the world, Zhou Jingming's answer at that time was to let Chen Dongsheng wait until 1995, when Tianming Company will have corresponding business activities to support.
Zhou Jingming's business activities, refers to the acquisition of Rolls-Royce, Hongqi car target vehicles, has always been Rolls-Royce, if you can use the brand influence of Rolls-Royce, the launch of the "Hongqi-Rolls-Royce" co-branded car, for Hongqi car to the world, is not a very beneficial thing?
In this context, it is understandable to ask Lee Mingzhe and them for help.
"Okay, you just have a good idea. Zhao Ke didn't ask much, although the development of the enterprise is inseparable from the support of the government, but if everything wants to rely on the government's help to complete, it is not a good thing in the long run, Zhao Ke is worried that Zhou Jingming will rely too much on Li Mingzhe and their help.
As an enterprise, it is impossible for Tianming Automobile Company to rely on the help of government departments all the time.
After Zhao Ke left, Zhou Jingming sat there and thought about it seriously, then turned on the computer and began to conceive of the future development plan for Rolls-Royce.
After returning home in the evening, He Yingqing was teasing Zhou Yixuan, two years have passed, and the little guy has just celebrated his second birthday some time ago, but unfortunately he still can't speak, only babbling.
"Here, daddy, hug. Zhou Jingming sat on the bed, picked up the little guy, and kissed him on his pink little face.
When the little guy saw that his father was back, he also opened his little hand happily, and he had a fascinating smile on his face, which was very cute.
"Why did you come back so late today, are you tired?" He Yingqing asked softly while gently squeezing Zhou Jingming's shoulder.
"I was preparing the copy, so I delayed for a while. Zhou Jingming smiled, "Are your parents already asleep?"
"Hmm. He Yingqing nodded, "Are you hungry, I'll go and make you something to eat." ”
"No, no, I've eaten at the company. Zhou Jingming hurriedly said, such a big company, can you still starve him as a boss?
"I'm sorry, wife, I kept saying that I would change a big house for you and my son, but I haven't fulfilled this promise until now. After He Yingqing sat down, Zhou Jingming said with a guilty face.
I originally wanted to start building welfare housing for employees last year, but during this time, Tianming Company needed too many places to use money, and this year it planned to acquire Rolls-Royce, so this plan was delayed again and again.
The welfare housing for employees has not been implemented, and the matter of buying a house for senior officials can only be delayed, and Zhou Jingming is not good at changing to a new house at this time, and now the family still lives in the old house of the original transmission factory, plus Zhou's father, Zhou's mother and Zhou Jingxuan live here, and the house is a little crowded.
"It's okay, I think the old house is good, anyway, it's better than before, I'm already very content. He Yingqing leaned her head on Zhou Jingming's shoulder, and said with a smile while teasing Xiao Xuanxuan in Zhou Jingming's arms.
"I'll give you a new house next year at the latest. Zhou Jingming promised. As long as the acquisition of Rolls-Royce is completed, coupled with the hot sales of Yixuan SUV in the world, there will be absolutely no pressure to implement the policy of employee welfare division next year.
It took two days for Ma Xudong to lead the staff of the Finance Department to finally complete the inventory of all the current assets of Tianming Automobile Company.
"Mr. Zhou, at present, our company's deposits in domestic banks have a total of 400 million US dollars, including all deposits in Citibank and Swiss banks in the United States, the total deposits are about 900 million US dollars, plus the company's treasury bonds and other investment projects, the total amount of current assets is about 1 billion US dollars. ”
At present, the income obtained by Tianming Company from the sale of vehicles and automotive electronics in Europe and the United States is basically deposited in foreign banks, which is convenient for the company to expand its business abroad.
"A billion dollars, there are so many?" Zhou Jingming couldn't help but be surprised when he heard this, he had not known much about the distribution of the company's specific assets, and he was not very clear about the specific amount of current assets and fixed assets.
Now listening to Ma Xudong, Tianming Company is still quite rich!
"Mr. Zhou, you listen to me first. Ma Xudong smiled bitterly, "This billion US dollars cannot be used at will, especially this time the amount of funds used is very huge, if all of them are used for the acquisition of Rolls-Royce, the company's normal production activities will be in trouble, so if according to Mr. Zhou, you are ready to use six to eight hundred million US dollars for the acquisition of Rolls-Royce, we also need external financing to supplement the funding gap." ”
"How big is the funding gap?" Zhou Jingming asked.
"At least $300 million!" Ma Xudong replied immediately.
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