Chapter 454: Throw 1 billion euros to put out the fire first
Chapter 437 - Throw 1 billion euros to fight the fire first
Ma Wei laughed a little, and then replied lightly, "Okay, Mr. Louis, then I'll be straight to the point." The purpose of my visit to Germany is to help you people resolve this crisis. ”
Ma Wei said very lightly, according to the memory of his previous life, in order to buy Volkswagen, Porsche has successively borrowed 13 billion US dollars from 15 banks, and the debt problem is beyond imagination. Porsche's ultimate goal in doing so is to take a 75% stake in Volkswagen and control its cash reserves.
Seeing that Ma Wei said so lightly that he could help Volkswagen deal with this crisis, Chairman Luis and the board of directors of Volkswagen couldn't help but glance at each other.
They knew that with the financial resources of the Mavi Group, it would hardly be too much of a problem to save the public. It's just that there is no such thing as a free lunch. The other party will definitely not do good deeds for no reason.
"Thank you very much for your kindness, Mr. Ma Wei! But can you disclose the relevant conditions first?" Luis, the chairman, will not readily agree immediately. After all, he didn't want to escape the tiger's mouth and enter the wolf's den, and be torn to pieces by the capital market.
Ma Wei knew the other party's concerns, but he was afraid that he would take advantage of the fire to rob, and the lion opened his mouth. So he replied succinctly, "Mr. Louis, I won't ask for much if I have any conditions." When you're done, just give me 35% of Volkswagen's shares. As for the amount of the excess, it will be counted as a loan, and I will lend it to your company. ”
Before coming, Ma Wei thought very thoroughly. It is very risky to completely take over Volkswagen, not to mention the obstruction of the German government and Porsche, which will not allow him to completely control Volkswagen. Even Volkswagen itself probably finds it difficult to accept a Russian as their professional manager.
So in the end, the bamboo basket was empty, and the money was thrown in, but Volkswagen still ran away with Porsche.
"35% of the shares? really?, Mr. Ma Wei?" After listening to Ma Wei's words, I saw Luis, the chairman of Volkswagen standing in front of him, who thought he had misheard, and asked in confirmation.
In their impression, Mawei Group has always been a very ambitious and powerful multinational group. Everywhere you go, you can eat people without even bones......
However, this time, although the opening asked for 1/3 of the shares of Volkswagen, it was at least acceptable to everyone compared to Porsche's greed.
I have to say that the 35% stake that Ma Wei wants is very tricky. If you want less, there is no point, and if you want more, it will make the public board of directors feel that they are being robbed.
"I'm not that greedy, just 35 percent. Mavi replied with a confirmed reply. Although Porsche currently owns 71.4 percent of Volkswagen's shares, it is equivalent to only 28.6 percent left to Mawi. But Mavi's goal in doing so was to win Volkswagen's trust. In this way, the two sides should cooperate with each other to confront the current bad situation.
After hearing this, the board of directors of Volkswagen couldn't help but glance at each other. Then, with the tacit consent of everyone, Chairman Louis solemnly said to Ma Wei, "Mr. Ma Wei, I think we can accept your conditions, so please help us Volkswagen Company!"
Agreements like this will eventually develop into paper agreements. Ma Wei is naturally no exception, and there is already a team of lawyers waiting on the sidelines to formulate relevant contracts for both parties.
"Come on, Mr. Louis, let's get started now. To show our sincerity, I decided to invest 1 billion euros in the next 1 billion euros and buy all the shares in the stock market. Ma Wei said with a faint smile. It's as if 1 billion euros is with him, but it's just a bunch of numbers.
"Invest 1 billion euros and buy all the shares in our stock market?" said Luis, the chairman of the board of directors, and the members of the public board around him, all of whom were surprised.
But soon someone said, "That Mr. Mavi, excuse me, excuse me! To be honest, we have very few outstanding shares in the stock market...... Because most of them are in the hands of Porsche, they will definitely not sell. So...... Your 1 billion euros may not be able to buy many shares. ”
A board executive, feeblely added. Volkswagen's board of directors holds about 20% of the shares. Now for Volkswagen, the key is to grab the remaining 10 percent. That is, in the hands of those small shareholders. Don't let Porsche reach 75 percent, control their treasury.
The addition of senior executives is also an issue that the other board members present are considering. Even if Ma Wei spends 2 billion euros, he can buy very few shares from the stock market. The best way is to buy the shares in the hands of those small and medium-sized shareholders at a high price, so that Porsche will not have the shares. The two sides fought a tug-of-war.
Ma Wei naturally knows this method, but it is too conservative for him. And it's taking too long. In the previous life, Volkswagen relied on this method to survive the financial crisis, and then counterattacked Porsche. At that time, Porsche owned 74.1% of Volkswagen, and it was 0.9 points short of being able to complete the acquisition.
But in this life, the financial crisis cannot come by such a coincidence. Nor can Ma Wei pin his hopes on such uncertainties. Besides, he has money in his hand, and he doesn't need to spend it with the opponent passively defensively.
"I know what you just said. But I didn't say that the 1 billion euros invested in the stock market were used to buy shares in Volkswagen. Ma Wei said lightly in public.
As soon as he finished speaking, he saw Volkswagen Chairman Luis standing in front of him, as well as a group of board members, and the expressions on their faces were stunned for a moment!
"What? Not to buy our Volkswagen shares? Is that ......?"
"Could that be...... Mr. Mavi, are you supposed to be ...... Want to buy Porsche directly?" asked Chairman Louis, who was a little surprised.
"That's right, Mr. Louis, there is an allusion in China, called Wei Wei to save Zhao. In other words, the acquisition of Porsche on the premise that it would not acquire 75% of the shares. I believe that Porsche should not have any extra money in hand to open up a second battlefield, right?" Ma Wei's strategy is very clever and adopts a two-pronged tactic.
On the one hand, it is in a tug-of-war with Porsche, not allowing it to reach 75% of the shares. On the other hand, he repaid the other by bypassing his board of directors and hostilely acquiring his company's shares. In this way, it will definitely make him so sour that he can fly......
"Mr. Mavi, this is your method...... It's really amazing!" Volkswagen Chairman Louis couldn't help but give a thumbs up to Ma Wei. It's no wonder that Ma V Group has risen in such a short period of time, and it's all because of a very fearsome chairman.
(End of chapter)