Chapter 272: Refusal to Cooperate?

In March this year, under the strategic guidance of a Ford, Jaguar Land Rover was acquired by India's Tata. Geely did not participate in the bidding, and Galaxy Group did not participate in this car brand battle. This is mainly due to the fact that Jaguar Land Rover does not have key automotive engine technology, and many patents are too deeply entangled with Ford. And in addition to the good development of the Land Rover brand, Jaguar is inferior. If it is a company with stronger independent research and development capabilities, the acquisition of these two brands is really a good development opportunity. It's a pity that there is no such enterprise in China.

Judging from the results of this acquisition, if Geely and Galaxy Capital join forces, their probability of success is very high. As soon as the results of the acquisition were announced, Tata Motors plans to raise US$3 billion for the acquisition of Jaguar and Land Rover, and will raise funds for the acquisition through a syndicate of banks consisting of Citibank, JP Morgan Bank, Standard Chartered Bank, BNP Paribas and the State Bank of India, and plans to issue US$1 billion in bonds at home and abroad. The lack of money in Tata Motors can be seen, of course, there is also the focus of the Tata Group, and the reason why Tata Steel is too busy to take care of itself. However, the purchase price is $2.3 billion, of which $600 million is for Ford to invest in the pension funds of the two auto companies.

Zhou Shi also missed a good opportunity to communicate with Tata's fourth-generation leader, Ratan Tata. Ratan Tata, who is still unmarried and has no children, has made him gossip too much, could he have made some promises to the third generation of leaders in order to fight for the supreme control of Tata, or other Tata's immediate family members know that Ratan will not pass on the position to his own descendants?

Anyway, Zhou Shi felt that Tata was as strange as India, and Tata, which had been operating in debt for a long time, took office as the new chairman of a major shareholder family a few years later, and then suddenly dismissed him one day, and then the two sides began to fight against each other, which attracted the attention of the Sanguan government and even the world, and then the matter seemed to be over.

Tata bought Jaguar Land Rover, and Ford got a breather, and there was no chance to start for the time being. Volvo, Volvo still wait, not until the last minute, Ford still has illusions. As for Chrysler, one of the three major automobile companies in the United States, it is better to let him go bankrupt, with debts of more than 10 billion and debts of trade unions, which is not something that ordinary people can handle. GM is also going bankrupt, and he also has many well-known brands, such as Cadillac, Chevrolet, Buick, GMC, Opel, etc., but unfortunately he doesn't want to buy any of them. To buy are also their loss-making brands, such as Hummer, Saab, Pontiac and Saturn.

Zhou Shi asked Yin Tongyue to go home and think about it by himself, in fact, there was not much room for consideration, but Zhou Shi wanted to know how prepared they were and whether they had any plans for future development. As a result, Yin Tongyue really went back to think about it, which shows that they are somewhat blind now.

What Zhou Shi didn't know was that at this time in his previous life, Chery's Qoros Automobile Company had been established, and in this life, I don't know why, the cooperation between the two sides actually collapsed. Maybe it's because of this that they feel anxious.

Until the third day, Qirui Yin Tongyue gave a reply, Saturn Automobile. The Saturn is one of the greatest achievements in the history of American automobiles. In 1991, the first Saturn car was produced and launched, and by 1993, the Saturn car was among the top ten best-selling models in the American auto market. In 1993, it ranked third in the JD Poer New Car Quality Survey, behind Lexus and Infiniti, barely beating Toyota. In 1997, it tied for first place with Lexus. In the 2002 J.D. Poer Consumer Services Survey, Saturn ranked first for the first time. Such a good car brand GM may be sold, but its main distribution network is in North America, the R&D platform and technology are generic, and Qirui Automobile has not yet gained a firm foothold in China, and it is really admirable that it has such great courage. In addition to admiration, Zhou Shi once again refused their cooperation.

"Mr. Yin, you better find someone else, we are really not suitable. "Zhou Shi

"I said it last time, Mr. Zhou always has to give us a reason. Yin Tongyue was angry and pulled Zhou Shi and didn't let go.

"Our company is still small and not strong enough, if Qirui Automobile really has this idea, I can introduce other investment banks or private equity funds to you and assist you in acquiring Saturn Motors?" Zhou Shi

Yin Tongyue, as an old Jianghu, didn't know Zhou Shi's words, obviously he didn't look down on Qirui's target. He is also very conflicted at the moment, knowing that he can only make a choice, either change his goal immediately, or give up the cooperation with Galaxy Capital. However, he also knows a lot of inside information from the government, including the advance prediction of the financial crisis and the response strategy, although it cannot be said that Analysys International can influence the national policy, but it is an indisputable fact that Galaxy Capital is very strong.

Zhou Shi has no interest in Analysys International, after all, it is a cost center, and what he needs is additional benefits that may be obtained, as well as help for him in the future. So after the acquisition of Analysys International, it gave them considerable independence. It was also a surprise to be able to win the favor of the National Housing House. It seems that the financial crisis has become more and more influential in the country, and it is time for the central government to pay attention to it.

"Mr. Zhou, the acquisition of Saturn Motors is the request of our in-laws, not something we can decide. Yin Tongyue said cautiously

"That's what it doesn't matter to me. "Zhou Shi is not interested in the contradictions within them at all, how can outsiders interfere with the contradictions between mother-in-law and daughter-in-law?

"Our early development is inseparable from the strong support of our in-laws, but now, we are constantly improving, and some people are not up to the development of the times. "Yin Tongyue

Zhou Shi was also speechless, there are too many cases of success and waste at home and abroad, and he is not easy to distinguish. However, he still knows a thing or two about Qirui's current internal contradictions. However, it is the battle for the direction of the automobile industry and the battle for the route. In the previous life, Qirui Automobile lagged behind Geely, not because Geely's strength increased greatly after acquiring Volvo. The main thing is that Geely has done a good job of marketing, producing cars that cater to the needs of domestic consumers. Coupled with the explosion of the domestic market, they have developed rapidly. If Qirui's internal contradictions can be reduced, with their dedication to technology, can they have better development? At least it won't be like in the previous life, why can't it be listed?

"Even so, so what, it still has nothing to do with us. Although Zhou Shi was a little moved, he still said quietly.

"I would like to bring Galaxy Capital as our majority shareholder. "Yin Tongyue

(End of chapter)