"Me?"

Zhong Shi lowered his head and groaned, not speaking for a long time.

Strictly speaking, Zhong Shi did not take the Porsche Group's abandonment of himself to heart, after all, everyone has a common interest. In terms of the degree of turning his face and not recognizing people, Zhong Shi thinks that he is no better than Wolfgang. How much worse is Porsche.

But all of this must be based on the premise that after turning the other cheek, you will never plead with others again, that is, the so-called "no desire is rigid". But like the Porsche Group's behavior of turning his face and turning around and begging for the door pitifully, Zhong Shi despised it very much in his heart.

But businessmen make decisions not based on emotions, but on tangible benefits. Therefore, although Zhong Shi is very disdainful of the Porsche Group's pretentious attitude, he must also think carefully in the face of real interests.

"Now only a big consortium like you can help us!"

Seeing that Zhong Shi didn't speak for a long time, Wolfgang. Porsche was even more anxious, and couldn't help but say: "Frankly, Mr. Zhong, what do you think of the products made by the Porsche Group?" To put it mildly, our sports cars are not the most expensive, but they are the most cost-effective, and in terms of practicality, our cars are far better than those Italian and Japanese cars, and the price is not too expensive, which is why the Porsche Group has been able to make the most profit on a single car. ”

"If it weren't for this incident, our family would not be willing to sell part of the equity anyway, although we are a listed company, you should know very well that the vast majority of the equity is still under the control of our family members. German companies have always had this common problem, rejecting and rejecting the entry of foreign capital for fear of being questioned and polluted by their pedigree. But in the face of reality, we have to make a choice, one possibility is that if we can't get financing, we will completely play out. In addition, it is to use a financial giant like Tianyu Fund to revitalize the overall situation, and it is even possible to eat another auto giant. It's a win-win situation for you and for me. ”

Wolfgang. Porsche spoke sincerely for a long time, and his saliva was almost dry, but Zhong Shi still had a contemplative attitude. This made his heart suddenly uneasy, and the joy of being greeted by Zhong Shi himself disappeared without a trace.

"Okay, let me think about it first, and then we'll discuss it when it's mature, okay?" It wasn't until the convoy stopped that Zhong Shi said lightly.

Although Zhongshi had already made up his mind to help the Volkswagen Group, at this time, the Porsche Group came to the door and directly sent the hole cards. This can't help but make him think about it. Naturally, this consideration is not to overturn the previous decision, but to use the offer of the Porsche Group to negotiate with the Volkswagen Group and strive for the maximum benefit.

Despite the smile on his face, Wolfgang. The deep loss in Porsche's eyes could not be concealed.

"How's the talk?"

Stand in front of the Four Seasons Hotel, Wolfgang. Porsche and Weidekin put on a grinning grin. Wave goodbye to the departing Tianyu Fund convoy. It wasn't until their figures disappeared that Wei Dejin asked quietly.

"Not ideal!"

While walking towards the hotel lobby. Wolfgang. "He didn't say anything, he just said it would take time to think about it." But I look at his face and think that the whole thing is not very promising. ”

“……”

Wei Dejin's heart suddenly fell to the bottom, and he was speechless for a while.

There are two flowers, one on each branch.

Saying that, Zhong Shi returned to the office of the Tianyu Fund. I saw Gao Dongfang sitting in his office with a golden knife, holding a glass of red wine in his hand, closing his eyes and shaking his head and sniffing.

"Sniff out what?"

Zhong Shi suddenly felt funny, quietly walked to Gao Dongfang's side, and suddenly asked out loud. "How much is this wine worth?"

Disturbed by Zhong Shi like this, Gao Dongfang instinctively shuddered, his hand shook, and he almost knocked over the wine glass. He opened his eyes, glanced at Zhong Shi dissatisfiedly, and said, "Cow chewing peony, it's a person like you." How can such a fragrant and sweet wine be described as a vulgar thing? ”

"Don't use money to describe it, do you want to describe it with feelings?"

Zhong Shi was angry and funny, reached out and took the wine glass, and threw it into the trash can, "Okay, let's get down to business." The people of the Porsche Group have already come, and now they are completely unable to support it, talk about your psychological price. ”

When it came to business, Gao Dongfang, who was still regretting this glass of red wine, immediately corrected his attitude, and said, "The current market value of the Porsche Group is between 7 billion and 8 billion euros, and we believe that this valuation is obviously low." However, it is inevitable that the Porsche family will not sell more than 25% of the shares in order to maintain a controlling stake. ”

However, it is still unknown whether the sale of this part of the equity will help them tide over this difficulty, and it is believed that other consortiums are also based on such considerations, so they dare not or are unwilling to lend a helping hand to the Porsche Group. Therefore, in order to raise more funds, the Porsche Group is likely to sell part of the Volkswagen Group's equity through an agreement, of course, at the cost of helping them to fully acquire the Volkswagen Group, so that they can not only control the Porsche Group, but also achieve the purpose of acquiring the Volkswagen Group. ”

"It is impossible for the Volkswagen Group to be privatized in a radical manner in which Ferdinand. After Piëch and others ousted the management of the Volkswagen Group, they could make drastic changes to the Volkswagen Group. The equity of the Lower Saxony government may be diluted, as long as the purpose of increasing the equity is achieved through a fixed increase, so that the Porsche Group will firmly hold the Volkswagen Group in its hands, even if the transfer of 20% of the equity, they still have an absolute controlling stake, and then because of their pure German corporate background, so the Lower Saxony government has to fall to them, and in the end, even if it is like you or us, there is no right to speak. ”

"There's no doubt that there will be no voice."

Zhong Shi waved his hand to stop Gao Dongfang from continuing, "Even if the Porsche Group sells more than 25% of the shares, with their connections in the sports car manufacturing industry and the recognition of shareholders, we can't have any right to speak, after all, we are laymen." The Volkswagen Group offered us an 8% stake, which is close to 5 billion euros, how did you discuss it? ”

"Not worth the price!"

Gao Dongfang shouted categorically, "At least in the current market, it's not worth the price." 20 billion euros is clearly an inflated level, and the profits of the Volkswagen Group cannot support such a high valuation. If we want to shell out more, we can't agree to this price. ”

"The whole thing is going to be very complicated because of the issue of option exercise."

Gao Dongfang continued, "The Porsche Group can transfer part of the Volkswagen Group's options to us, and let us exercise the options. As long as we are steadfast in our support, they can still control the Volkswagen Group. So from this point of view, the Porsche Group has far more chips than the Volkswagen Group. However, in this way, we have a few more bargaining chips with the Volkswagen Group. ”

"So what is your psychological price?"

Zhong Shi was thoughtful, and was silent for a long time before asking lightly.

"A 15% stake, plus the transfer of core technologies, for no more than 7 billion euros, is our ideal goal." Gao Dongfang said solemnly, but then he changed his words and talked about Tianyu Fund, "The source of this part of the funds, I suggest that we set up a new holding company, we account for 51% of the shares, and you occupy 49% of the shares, and jointly invest in the acquisition of this part of the equity." ”

Because Tianyu Fund went back and forth, it finally helped to match this transaction. Therefore, it is reasonable for Huatou to ignore Tianyu Fund. More importantly, all the relationship networks are on the side of Tianyu Fund, even if Huayu wants to go it alone, Tianyu Fund can start first, and their financial resources are even stronger than Huatou.

Gao Dongfang has not had a showdown with Zhongshi before, but now that it has basically reached the closing stage, the two sides inevitably began to discuss the gains and losses of interests, and took the lead in speaking out to show sincerity, and on the other hand, it also reduced the financial pressure on Huatou.

Although everyone knows, in the long run, both companies are very profitable. But in the current economic environment, there are really few institutions that dare to buy the bottom.

"The 49% stake is about 4.5 billion euros, which is a reasonable price." Zhong Shi nodded, not dwelling on this issue, "But there is a problem, in three to five years, the Tianyu Foundation will withdraw shares from this company, and you will have to take over at the market price at that time." ”

"Divestment in three to five years?"

Gao Dongfang muttered dissatisfiedly with a bitter face, "Although this time is not short, are you also too anxious?" According to my analysis, it will take at least five years for the world economy to recover, and it will be a good time for the Volkswagen Group's stock price to correct. ”

"Who knows what the future holds?"

Zhong Shi shook his head lightly, "At present, my main focus is on the foreign exchange market and the mass commodity market, and I have no time to separate for this equity investment, so withdrawing in three or five years still takes care of your relationship." ”

"What, any news?"

As soon as he heard Zhong Shi say this, Gao Dongfang suddenly became interested, and asked repeatedly, "Is there something big going on?" ”

"Nope!" Zhong Shi categorically denied, and then pressed the call button, "Jiangshan, you come in, and the people who are preparing to meet Porsche with Gao Sheng, listen to their offers." (To be continued......)

PS: Thank you very much for the monthly votes of the old Nafa number stepping into the air, panthernd, babbling babbling, calling brother, Nanquan 99, crying for love and so on! Thank you to all the book friends who have continued to support this book, and I hope that the results of this book will improve in the last month of this year, and the results of this book come from everyone's joint efforts!