Chapter 550: The End of the Road

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Tang Yongwen contacted Honeycot Sr. once, and expressed his willingness to acquire Interactive at the net asset price, because the appraisal had been done before, and the Tang family only needed to check it, and there was no major change, and it could be executed according to the previous appraisal price.

Of course, since most of Interceramic's assets are in Mexico, they can only be settled in pesos.

The results given in the last assessment included two figures, the dollar and the peso, and if calculated in pesos, the book value of Interactive had shrunk by more than half.

Moreover, due to inflation and soaring prices in Mexico, Interactive had to shut down most of its production lines and maintain only a minimum production scale to ensure that the contract was executed, and to keep prices down.

Tang Yongwen only promised to settle at the peso price, but he could pay in dollars, and the old Honeycot was very angry about this: "You are blackmailing, you just sold Interactive to us for more than two billion, and in less than a month, you want to buy it back at less than half the price, how can there be such a good thing in the world?" ”

Tang Yongwen smiled neatly: "Mr. Honeycott, you have not been working in the mall for a day or two, sometimes the mall is like a casino, willing to gamble and lose, we had to sell Interceramic, and we did not expect such a big change in Mexico, let alone Mr. Honeycott would fall into the current situation, in fact, as long as you survive the current period, most of the exports of Interceramic company's products can still recover quickly." ”

A painful expression flashed on Old Honeycott's face: "In that case, can Mr. Tang give a more normal price?" ”

Tang Yongwen said: "Mr. Honeycott. At this time and that time, if you sell Interactive at this time, others will not care how much money you spent when you bought it a month ago, of course, our Tang family has feelings for Interceramic. I really want to take it back, and I can consider a little discount in terms of price. ”

Old Honeycott's face was flushed with excitement, but he couldn't say that Tang Yongwen was wrong, in fact, they had also approached other people, and some people had proposed to buy Tucker Oil and Interceramic Ceramics, in comparison. The price given by Tang Yongwen is still the most "fair", who let the Interactive company be in Mexico, and the peso has depreciated significantly?

Seeing that old Honeycot still couldn't accept it, Tang Yongwen said again: "Mr. Honeycott, to be honest, you are dealing with Interactive now. The timing was wrong. ”

Honeycot Sr. shook his head bitterly: "I don't want to sell Interactive at this time, but isn't there no way?" If the Tang family is willing to lend me a sum of money, when I make money in the future, I will definitely pay it back to you. ”

Tang Yongwen shook his head: "You know, it's impossible, but I do have a builder, and Interceramic can't sell it for money at this time." In my opinion, the competition in the oil and gas industry is too fierce, and now countries are competing to develop new energy, in contrast, the ceramic industry where Interactive is located is thriving, and people's requirements for quality of life are increasing, which is bound to make this market continue to prosper, isn't this a better choice? ”

Old Honeycott's eyes flashed, and he asked with some sensitivity, "What." Mr. Tang is interested in Tucker Oil? ”

Tang Yongwen shook his head: "No, our Tang family has not done this business, and we will not intervene lightly, I just mention a Jianyi." ”

Old Honeycote was a little unconvinced: "Hehe, Mr. Tang is really so kind? ”

Tang Yongwen said helplessly: "It's not good to talk about kindness. Since our Tang family has chosen to sell Interceramic, there is actually no intention to take it back in the short term, after all, we have cooperated with Fangxia Ceramics to build a new joint venture, and we plan to show it to Huaxia, it doesn't matter whether we take back Interceramic or not. We don't want others to think that we are profiteers who take advantage of the fire, and we can't bear to watch Mr. Honeycott go bankrupt, so we propose this proposal. ”

Old Honeycote smiled, his face full of bitterness: "Hehe, then thank you Mr. Tang, but Tucker Oil is the foundation of our Honeycot family, and it will never be sold, as for Interceramic, please Mr. Tang think about it again." ”

Although Tang Yongwen said it very frankly, of course old Honeycott would not believe what he said, he suffered a big loss last time, and in the end, he didn't even know how he suffered. Could it be that Bao Feiyang and the Tang family had long expected a financial crisis in Mexico? Or is it just a coincidence? But this is too coincidental, the old Honeycott feels that he can't explain it, and he always feels unconfident when facing Tang Yongwen.

"Okay, Mr. Honeycott, you can think about it again, and if anything changes, you are always welcome to call me." Tang Yongwen stood up as he spoke, and then said goodbye and left.

"Dad, the surname Tang and the surname Bao are not good people, so they can't be cheapened." Little Honeycott walked out of the next room and said in a sinister voice.

"Smack!" Old Honeycote suddenly jumped up, raised his arm and slapped little Honeycott: "You also said, if it weren't for you, how could our Honeycot family fall into a predicament without help, the relationships I worked so hard to build were ruined by your words, it's really a guy who has more than enough to do." ”

"Dad, how can you beat me, it was all because you were deceived by the surname Bao and the surname Tang, which put the family in crisis, this qiē is all your fault!" Little Honeycote covered his face and glared angrily at Honeycott Sr.

Old Honeycote trembled, stretched out his hand and pointed at little Honeycott, and after a long time, he finally collapsed to the ground without strength, and the old tears were in tears: "God, have you really abandoned the Honeycott family?" ”

In despair, old Honeycott had only hope in his heart. That is, Mexico's financial crisis was short-lived, and it will get better soon, especially since Mexico is one of the three countries of the North American Free Trade Area, and the United States will definitely not watch Mexico's economy collapse, so it will definitely intervene.

If the United States shoots. Perhaps the crisis in Mexico will soon be over, and he will not have to worry about being sued by the banks for liquidation.

However, the bank did not have much time left for him.

Fortunately, the Mexican government was not slow to respond, and when they realized that the situation was not what they expected, and the crisis began to emerge, they quickly responded.

The first day of the new year. Mexico's new president, Zedillo, held a press conference to announce the adjustment of the economic development plan for 1995, adjusting the original economic growth rate of 4% to 1.5%, while further tightening public spending by 9.8%, raising the value-added tax from 1o% to 15%, lowering the short-term interest rate of banks, restricting imports, and encouraging exports......

Sedillo's plan is to balance government spending at the same time. Stimulate economic growth and balance the balance of payments at the same time, but these measures are difficult to achieve results in the short term, in the context of the financial crisis, there is no way to talk about the development of the economy, the key is to stabilize the financial situation.

In order to stabilize the financial situation, the Mexican government began to seek international support. Two batches totaling $1.8 billion in special funds were received from the United States and international financial institutions, among others.

If it had been before or at the beginning of the crisis, the Mexican government would have had the $1.8 billion in foreign exchange funds in its hands, and it might have been able to stabilize the market. But now that the crisis has exploded and begun to spread, although the news of 1.8o billion US dollars has temporarily stabilized the market, the market is still stable during Christmas and New Year, but as soon as the New Year passes, January 9. When the $550 million provided by the United States arrived, the Mexican government announced that it would invest all of its money in the currency market in an attempt to recover the peso exchange rate, which led to a large number of sell-offs.

At the same time, it may be because of seeing that the government is not putting money into the stock market. The Mexican stock market was also in a sell-off frenzy, with stock prices plummeting.

Moreover, the crisis is still spreading to other emerging markets and some major countries, including Brazil, Chile, and Argentina in South America, as well as Canada, Italy, Sweden, Spain, and other countries.

Although the United States has since intervened again, together with other countries and international financial organizations, has provided Mexico with a loan of 54.8 billion US dollars, gradually stabilizing the situation, only Mexico has fallen into huge foreign debt, burdened with heavy debt burden, and its economy is in trouble, and it is in shambles.

However, for the elder Honeycott, he did not have time to wait for the day when the crisis passed, and the market sell-off on the 9th completely shattered his last hope, according to the bank's ultimatum, if the old Honeycott could not provide new guarantees or repay debts on this day, the bank would apply to the bank to liquidate the Honeycott family's property.

That night, the elder Honeycourt was desperate, so he had to contact other investors, including the Tang family, again, but except for Tang Yongwen, the conditions given by others were very harsh, and in comparison, the Tang family's conditions turned out to be the most reasonable.

Old Honeycott locked up in the room and roared for a full quarter of an hour, and then beat little Honeycott as if he was venting, and finally made up his mind and dialed Tang Yongwen's phone: "Mr. Tang, I am willing to accept your conditions, let's talk!" ”

Tang Yongwen has been waiting for the old Honeycott's call, although he seems to be full of indifference, in fact, he is also very nervous, the Tang family has been operating Interactive for decades, the last time had to give up, now there is a chance to take it back, the voice in the family is very strong.

If you miss this opportunity, I am afraid that you will have to pay a double price in the future, and you will not even be able to buy it back if you have money.

Tang Yongwen was afraid that his shape would change, so he would turn over the old Honeycott salted fish, and he was worried that others would take the lead, until he received a call from the old Honeycote, he breathed a sigh of relief, and said to Bao Feiyang with a smile: "You really guessed right, the old Honeycot has already agreed on the phone, and the next step is to talk about the details." ”

"Hehe, as long as we are kind, I don't think there will be any problems." Bao Feiyang smiled and nodded, old Honeycott actually agreed to Tang Yongwen's request directly on the phone, indicating that he had no other way, and the initiative had already reached their hands.