Chapter 213: Four Requests for Help

While Weidekin was busy acquiring shares, Wolfgang Brown, chairman of the Porsche Group. Porsche was also very busy, running around.

Two months passed in the blink of an eye, and the situation facing the Porsche Group had not improved in any way, but had become more difficult.

Demand in emerging markets, where the Porsche Group has high hopes, is slumping rapidly. In the Chinese market, where sales of 20,000 units were expected to exceed 20,000 units a year, only 2,147 Porsche sports cars had been sold by May, and 10,000 units had been sold for the whole year.

In the United States, which was once the largest market, sales of Porsche sports cars also suffered a plummeting decline, falling by more than 50% year-on-year. In Europe, where they are based, their sales are similarly dismal, with a very serious decline in absolute numbers.

Of course, this is not a problem for Porsche alone, as the automotive industry around the world is facing similar problems. As a high-end sports car, because the elasticity of demand is much greater than that of other ordinary models, it is the most affected when demand falls, and compared with other manufacturers with product diversity, Porsche suffers far more difficulties than its peers.

The five-month financial statements are not yet out but the expected situation is Wolfgang. Porsche has already learned from the CFO that the amount of losses will widen further, and it is likely to exceed the 2 billion euro mark.

The situation in its own operations means that it is even more difficult for Porsche to eat the Volkswagen Group. It was originally a game of swallowing elephants, but now the Porsche Group is running out of it.

"Prince Faisal, I wonder if you're interested in the situation I'm talking about?"

Like Bell Stone, Wolfgang. Porsche also met Prince Faisal at the Burj Al Arab, and unlike two months ago, the security level here has been significantly improved. Porsche since entering the door. It underwent several rigorous inspections.

What he didn't know was that on the top platform of the Burj Al Arab, a helicopter had been parked for Prince Faisal to evacuate at any time.

"Very interested!"

Prince Faisal extinguished his cigar and headed towards Wolfgang. Porsche waved his hand and motioned for the other party to sit down. "We have always had a strong interest in high-end manufacturing and luxury consumption, especially in the case of products made in Germany, which are of the highest quality and performance. If nothing else, I have five different series of Porsche sports cars on my own. ”

"Really? That's good! ”

Wolfgang. Porsche seemed to let go of a big stone in his heart, and let out a long breath, "Thank you for your support of Made in Germany, I don't know about His Royal Highness the Prince's fund." Are there any plans to invest in German companies? ”

"You mean a stake in the Porsche Group?"

Prince Faisal's face twitched violently twice, and then he pretended to be calm and said, "What, the Porsche Group intends to give up its independent status?" ”

Other luxury car brands in Europe, such as Rolls-Royce, Bentley, Aston Martin, Lamborghini and Ferrari, have lost their status as independent car manufacturers due to poor management or unclear positioning, and have become valuable toys in the hands of a major brand car manufacturer.

The only one of a kind. In Europe, there is only Porsche. As a car manufacturer that only builds high-end sports cars, Porsche maintains its independence in addition to its own independence. It is also the car manufacturer with the highest net profit per car, which has to be said to be a miracle.

If it had been a year ago, the Porsche Group had invited others to take a stake, I believe that not many people would have refused, because the profits were too huge. Of course, it is not possible for the Porsche family six months ago to transfer the share capital.

Now the situation is completely different.

"Nope. We still have the idea of maintaining our independence! ”

Wolfgang. Porsche flatly denied, "I believe you should be aware of our acquisition of the Volkswagen Group." To be honest, we had a bit of a problem with our funds, and we wanted to sell some of our shares. to raise more money. ”

"You want us to be involved?"

Prince Faisal's face suddenly became strange, "Tens of billions of dollars of acquisition? At this time, I'm afraid there's nothing we can do. He politely refused.

Even without the previous agreement with Zhongshi, Prince Faisal's fund has not been able to come up with tens of billions of dollars in cash so far, and the gap in infrastructure construction in Jibai is getting bigger and bigger, and now all his energy and financial resources are invested here, hoping to maintain the normal progress of the project and not unfinished.

"Nope! No! No! ”

Wolfgang. Porsche's head shook like a rattle, "We have enough money to support the acquisition of the Volkswagen Group, and you don't have to worry about that." What we need now is a sum of money to keep the Porsche Group running. In case you don't know, due to the impact of the world economy, our profits have fallen sharply, and until now, our financial position has not been able to support us to continue to complete the acquisition. In this case, we are willing to sell part of our shares to raise funds for the continued operation of the Porsche plant. ”

"I see!"

Prince Faisal, who had figured out the situation, nodded, as if rekindling interest, and asked, "I wonder how many shares your company plans to sell and how much you want to raise?" ”

"We currently have a market capitalization of around 10 billion euros, and if we can, we want to sell 25 to 30 percent of our shares in exchange for that amount." Wolfgang. Porsche pondered for a moment, as if he had made a big decision, "We have to secure our own controlling position, so these shares should be the maximum amount that can be sold." ”

"Between €2 billion and €3 billion?"

Prince Faisal's expression was a little stunned, he never expected that the other party had come from thousands of miles away, and he was very surprised at the moment just for such a small amount of funds. But after thinking about it, he realized that this number might not be much for people like him and Zhong Shi, but it was undoubtedly an astronomical amount for many others.

The opportunity is really rare, even if it costs a little more, it is bearable, because for Porsche, the golden sign, the investment means that huge profits will roll in in the future.

But at the thought of Zhongshi, Prince Faisal's fiery heart immediately cooled, no matter what. The Porsche Group is far from being able to compare with the Tianyu Fund. What's more, now that Prince Faisal still has a request for help, how can he ignore Zhongshi's request?

After a long battle between the celestials and the people, Prince Faisal finally shook his head lightly, "I'm sorry, Mr. Porsche. Your business is too small. We are not considering an investment of this magnitude at this time. But if you can consider giving us a stake in the Volkswagen Group, we might be able to work together! ”

Even if he couldn't squeeze out cash, Prince Faisal didn't want to lose face, and deliberately said that the deal proposed by the Porsche Group was too small for him to look down on, so as to cover up the current embarrassment of his fund.

Sure enough, Wolfgang. Porsche's face suddenly showed a panicked look, he never imagined that his deal would be a life-saving deal. couldn't get into the eyes of others, which really embarrassed him. With a flushed face, he lowered his head helplessly, eager to find a hole in the ground to get into.

"That's not right!"

At this moment, an idea suddenly came to his mind, "This situation is abnormal, it can't be the idea of someone like Prince Faisal." Although the amount of trading I advocate may be a little smaller, as long as there is a profit, there is no need to worry about no capital. His behavior was very unusual. This is not the attitude of a businessman. ”

As soon as he thought about it, he immediately raised his head. Facing Prince Faisal's smiling expression, his heart was clear at the moment, and he blurted out, "Your Royal Highness, do you have any troubles, or is your company currently short of cash?" ”

He asked tentatively.

"How could it be. Although our oil business is much worse at the moment, the other investments are very profitable. Cash is tight, this statement is possible for others, but for us, it is absolutely impossible! ”

It's like a cat that has been stepped on by the tail. Prince Faisal immediately jumped to his feet and said in a fierce voice, "I warn you, you are responsible for what you say!" ”

Seeing such an overreaction, Wolfgang. Porsche even made up his mind about what he thought, and couldn't help but sigh secretly, knowing that his financing plan might fail, and the other party might really have no money.

He couldn't help but fall silent.

But his expression fell into Prince Faisal's eyes, but it became a different meaning.

"Bell bell bell ......"

At this moment, Wolfgang. The phone in Porsche's arms rang, and he smiled apologetically at Prince Faisal, took two quick steps, and picked up the phone by the window.

"Boss, something is wrong!"

Wei Dejin panicked on the phone and said, "There is a big problem with our acquisition plan, a big problem. ”

"Calm down! Calm down! ”

He scolded the other party in displeasure, Wolfgang. Porsche glanced in the direction of Prince Faisal again, and after making sure that the call at this distance would not be heard by the other party, he whispered, "What the hell is going on?" ”

"Someone is sniping at us on the stock market!" Wei Dejin took two long breaths, tried to calm down the panic, and then said calmly, "We traders had doubts before, but after several trials, it was finally confirmed. Someone sniped at us on the Volkswagen Group's stock market and wanted us to exercise our options at 210 euros per share, so they didn't hesitate to let the Volkswagen Group's share price fluctuate in a certain range. ”

"Is that any disadvantage for us?"

Wolfgang. Porsche's head was a little foggy, and he didn't understand the stakes for a while.

"Of course it's not good!"

Seeing that his boss had not yet understood the stakes, Wei Dejin was naturally very anxious, and quickly repeated the arguments he had heard from the trader, and then said hurriedly, "Boss, no matter who the other party is, they are definitely looking for trouble with us, and it is big trouble." ”

"I see!"

Wolfgang. Porsche's face instantly gloomed, but the next moment it returned to normal, after all, it would not be good if Prince Faisal saw something. And he is now thousands of miles away, and he needs to know more about it.

At this moment, he was tormented.

For Prince Faisal here, it is also tormented. The city is far less than Wolfgang. Porsche's deep heart, after being deceived by the other party, actually leaked the fact that his consortium was facing a situation of running out of oil, which made him panic.

If the other party makes this news public, the entire infrastructure construction of Jibai will face a shutdown, and this serious consequence is definitely not something he can bear. But how to explain the horse's feet that he just showed became Prince Faisal's first priority.

"Uh......"

He sees Wolfgang. Porsche sat across from him as usual, hesitated for a moment, and finally said, "Actually, before you came, I promised an important business partner not to meddle in the grievances between the Porsche Group and the Volkswagen Group. I'm sure that other consortiums besides me should have received this friend's greeting, so I'm really sorry, Mr. Porsche. ”

"Bell Stone?"

Combined with what I just heard, Wolfgang. Porsche's face changed suddenly, and without thinking, he blurted out the name of the object of his greatest suspicion. (To be continued......)

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