Chapter 11: The Wolf and the Devil Talk!

(As an author, I want to remind you that my updates are really irregular, and everyone should get up every morning to read it once in the future, and you don't have to wait for updates during the day!

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25 April 1994

After half a year of hard work, Jia Lei and Little Jew finally signed an agreement with British Airways to acquire Rover Motors.

Jia Lei will have to pay British Airways £800 million in cash to acquire 80% of Rover Motors, and Jia Lei will also have to bear 20 million pounds of Rover Motors' book debt and 70 million pounds of off-balance sheet debt.

In addition, Jia Lei will spend 200 million pounds to buy the 20% of Rover Motors in the hands of Honda Motor Company.

In 1994, the exchange rate of the US dollar against the British pound was 1:1.53, which means that Jia Lei and Little Jew had to come up with about $1.7 billion in cash at one time to complete this huge transaction.

"Jia Lei, I don't understand, why don't we take the installment method like BMW to buy Rover Motors with the British?

In this way, in addition to the initial deposit, we can use the rest of the money earned by Rover Motors to complete the deal?" asked the little Jew distressed after making a lot of money.

"Huh...... , little Jew, are you stupid?

Don't look at how much the pound has depreciated in the past two years, but before the 70s, the exchange rate of the US dollar against the British pound was always around 1:2.

There are always highs and lows in this world, and the British government has a strong foundation, and their exchange rate has only been in the trough in the past two years?

If we don't take advantage of the current cheap pound exchange rate to buy Rover Motors in US dollars at one time, do we have to wait until the pound exchange rate rises and then give it a little bit?

That's a $1.7 billion business!

There are not many variables in the future, as long as the exchange rate of the pound against the dollar rises by 30%, we will have to give the British an extra 500 million US dollars, anyway, we have nowhere to spend more money now, why should I take such a big risk?" Jia Lei rolled his eyes and said.

Jia Lei's words are not nonsense, in the previous life, the BMW Group's acquisition of Rover Automobile Company was dragged down by the pound exchange rate, you must know that the BMW Group paid the bill in Deutsche Mark, and the exchange rate of the pound against the mark rose much higher than the US dollar.

It didn't take too long for Jia Lei to remember that the pound exchange rate began to rise two years later, and it took only 12 years for the British government to stabilize the economy and raise the dollar-pound exchange rate back to the 1:2 level in 2007.

Jia Lei got the British government at this point, and then he flew to the island country to discuss with Nobuhiko Kawamoto of the Honda Group about buying the remaining 20% of the shares of Rover Automobile Company.

****

"Young Master Jia, congratulations on getting your wish!" said Nobuhiko Kawamoto who toasted Jia Lei with tea instead of wine.

I am also here to wish Mr. Nobuhiko Kawamoto and Honda a great vengeance. Jia Lei also raised his teacup and said.

"Haha! You're right, I've really got my revenge today! You've done a really good job in this matter, and I'm very satisfied. From today onwards, you will be the president of Rover Motors, and your future will be limitless!" said Nobuhiko Kawamoto approvingly.

I'm too young to be the president of Rover Motors, and I'm planning to hire a real automotive industry elite to be the president of the Rover Group. Jia Lei replied modestly.

"Ambition is not old, no ambition is 100 years old! Gu Youganluo is eight years old, you are 14 years old this year, why can't you be a president. Nobuhiko Kawamoto disapproves that in some countries you can get married at the age of fourteen.

"Your evaluation of me is too high, I can't afford ......" Jia Lei smiled bitterly when he heard this, and then continued to scare.

"I'm the man...... IQ and EQ are average, and the only thing that can be regarded as an advantage is that memory and luck are relatively good.

It's okay for you to let me find a general direction when I make certain decisions, but if you let me go to work in the company honestly and support a large enterprise or something, I really can't do it......," Jia Lei said with a wry smile, this is the truth.

You can't let a normal student become a top student in the Department of Business Management in seconds, then Jia Lei is not reborn but crossed by someone, or his soul is pierced!

......In fact, in the business field, a flash of inspiration and good luck are much more important than ability! There are many smart and capable people in the shopping mall, but the ones who can really become big people are those who are lucky and can find or seize opportunities. Nobuhiko Kawamoto couldn't help but sigh and said.

"Timing, timing, it's really important to take the right opportunity at the right time, it's a matter of luck and vision. If I hadn't been lucky enough to have your help this time, Mr. Kawamoto, I wouldn't have been able to buy Rover Motors!" Jia Lei sighed.

"Don't be so modest! You have money and strength, even if you want to buy Rover Motors without my help, it will only take a little more time. Nobuhiko Kawamoto replied.

"But time is the most precious thing, I can't afford to put it off!" Jia Lei said with a wry smile.

"Forget it, let's not talk about these unhappy things! Why don't you come to me today?" Kawamoto Nobuhiko said with a smile.

I have now bought 80 percent of the shares of Rover Motors, and I have come to buy from you the 20 percent of Rover Motors' shares in Honda. Jia Lei straightened his back and said that once he talked about business, he couldn't help but put his attitude very well.

"I know you're going to ask me about it sooner or later, but I didn't expect you to be so eager to ask me?

Honda and Rover Motors have been working together for so many years, you should know the specific situation of Rover Motors, right?

The more I keep some things in my hands, I'll lose a day's money!

So I want to buy the whole company as soon as possible, and then carry out a large-scale split and reorganization of Rover Automobile Company, and lay off the employees who should be laid off! Sell the ones that should be sold!" Jia Lei said helplessly.

"Well, the split and reorganization is indeed the best solution for Rover Motors, and only in this way can Rover Motors get out of the situation of losing money again. Nobuhiko Kawamoto nodded and said.

"That's why I'm brazen enough to come to you, and I want you to have mercy on me for my little wretch. Jia Lei said with a smile.

"Restructuring and acquisitions are normal business practices, what's not to help? As long as you can give a suitable price, our Honda Group will definitely sell you the shares." Nobuhiko Kawamoto replied.

"I brought all the checks, do you think this number is appropriate?" Jia Lei took out a check and handed it over and asked.

"220 million pounds? That's a whole 20 million pounds more than the market price?" said Nobuhiko Kawamoto, frowning at the cheque.

"The extra 20 million pounds is my gratitude to Mr. Kawamoto, if it weren't for the pressure on the British government from the major consortia of the island countries in the future, the British government would have sold Rover to the BMW Group long ago. Jia Lei said.

Jia Lei's acquisition of Rover this time was able to go so smoothly, and Nobuhiko Kawamoto helped a lot in the back.

Recently, the British government's attitude towards our island group has not been as cordial as it was in previous years, and it is time to give them some warnings.

This time, British Airways and Rover Motor Group negotiated the acquisition without telling us Honda, which just gave our island chaebol an excuse to put pressure on the British government. Nobuhiko Kawamoto replied.

"I know that I am just a small person in this incident and cannot influence the overall situation! But I have boasted to the British government that I would persuade the Honda Group to withdraw its decision to put pressure on the embassy, and you have always cooperated with me! Jia Lei said sincerely.

"Our island group has gained a lot in this confrontation with the British government, and some things should be stopped in moderation!

Your intercession just gave us a step down, after all, the embassies between the two countries can't tear their faces in peacetime, so if you come to intercede or not, I will revoke the decision to put pressure.

You can take this money back, I can't take it!" explained Nobuhiko Kawamoto.

"Mr. Kawamoto, even if it is true that we have acted in harmony with each other as you said, Rover and Honda will cooperate in the future, and the 20 million pounds should be regarded as the license I purchased from the Honda Group for Rover Motors.

I'm going to sell the models that you, Honda Group, have developed with the support of Rover Motors, and sell them together with Rover Motors' production base.

I hope that within 5 years, you will still be able to provide new buyers who take over the production site with Honda's engines and essential parts, so that those who take over the Rover plant can survive the initial period of integration. Jia Lei said.

"Since that's the case, then I'll take the money, and you can send someone to the Honda Group tomorrow to discuss the specific contract with us." Nobuhiko Kawamoto said.

"Then I'll thank Nobuhiko Kawamoto in advance!" Jia Lei said happily.

****

"Oh my God! Novan I'm going to vomit lately, I'm flying all over London and Tokyo all day long, and I'm going to stay on the plane. After Jia Lei got off the plane, he said lightly that he has been so busy recently that he doesn't even have time to reverse jet lag.

"Jia Lei, I see that your face is not good, why don't you go back to the hotel to rest first! What is the matter, let's do it tomorrow, right?" The little Jew looked at Jia Lei's pale face and said worriedly.

"No! Now that the Rover takeover is settled, Reitzler could leave London at any time, and we need to stop him at once. Jia Lei pressed his temples and said.

"Jia Lei: I think there are a lot of capable people in the automotive industry now, why do you have to ask Reitzler to be the president of Rover Motors?" asked the little Jew puzzled.

"Yes! There are many people who can do business in the mall, and there are many people who can design vehicles! But Reitzler is the only person who can be called the best car designer in the second half of the 20th century, the product design czar.

The appearance of the car he designed will not be outdated for decades, and every line and arc on the body he designed has an irresistible charm.

Whoever can get him will be able to dominate the car market in the future!" Jia Lei explained as he rubbed his temples and Little Jew.

Reitzler is not only a man of extraordinary leadership skills, but also an amazing talent for design, and the BMW Group launched two BMW 3 Series, 5 Series, 7 Series, 8 Series, X5, Z1 and Z3 in Jia Lei's previous life, all designed and developed when he was the head of product development at BMW Group.

One of the most enduring is the 1988 BMW 3 Series designed by Reitzler, which is very well-known around the world.

At this time, the BMW 3 Series designed by Reitzler had just begun mass production, and his ability was not discovered by the world, and the BMW Group even suppressed him in the position of product development director because of the Quandt family's dislike of Reitzler!

To make matters worse, the Quandt family also sent Reitzler to London this time to clean up the mess for Bired and the Quandt family.

"Why are you here again?" Reitzler said with a frown as he looked at Jia Lei.

"London is my territory, and I should have come to say hello when you came here as a guest. Jia Lei said with a smile.

"Hehe! Are you sarcastic about me? Everyone knows that I was thrown to London by BMW to clean up the mess, and I came to apologize to people as my grandson, not as a guest?" Reitzler said coldly.

It was clear that the Rover Motors workers' march was against the Quandt family, but it was Retzler who was sent to apologize and clean up the mess, and Bret, who had been staying in London, went back to Berlin early when he saw that things were not going well.

"Well, I can't refute if you want to think so!" But I really don't think you're funny now, I just think you're a little pitiful......" Jia Lei looked at Reitzler and said seriously.

Reitzler is a person who has to be discerning, capable, and talented, but because he is not liked by the Quandt family, he can only be a design director in the BMW Group for the rest of his life......

This is the greatest sorrow of the twentieth century!

"I don't need you to pity me, I've now been promoted by the BMW Group to head the UK of BMW Cars. With promotions and salary increases, what ...... do I have to be pitiful?" Reitzler said stubbornly, gritting his teeth.

"Now the BMW Group and the British are so stiff, no matter who comes to the UK to be the sole responsibility, this is a thankless position, it seems that the BMW Group has completely given up on you. Jia Lei began to analyze with reason.

"What if I was abandoned! Now the board of directors of the BMW Group thinks that it is because I criticize the British workers in the British factory that the British workers are disgusted with the BMW Group! Of course they will send me to clean up the mess......" Retzler replied.

"Hehe! This reason is so ridiculous, the slogan shouted by the workers' march is to crusade against the Quandt family, is the board of directors of the BMW Group afraid of annoying the Quandt family, so they will use you to top the tank?" Jia Lei asked speechlessly.

Sure enough, no one in this world is stupid, and no one in the Quartet family would believe it if they did such a thing. Reitzler said dismissively.

After this incident, he really gave up on the BMW Group and the Quandt family.

.。 m.