Chapter 289: Not Worth Rejoicing
Almighty Cultivation Supreme
BAE Systems, London.
The signing ceremony of the contract was very grand and lively, with more than 100 journalists and representatives from dozens of companies that do business with BAE Systems.
From beginning to end, Wang Dong was behind the scenes.
Sitting on the stage, in front of the spotlight, it was Selina who signed her name on the contract.
Fortunately, BAE Systems had already announced that it would hold a press conference after the contract was signed, so no reporter was embarrassed by Serena.
In fact, many journalists don't know Serena at all.
Although D&F won an order for Saudi special forces more than half a year ago, few news outlets in Britain paid attention to the small company.
After the ceremony, Wang Dong accompanied Serena to the underground garage.
Lawrence had already made arrangements to hold a banquet in the evening to entertain Serena and representatives from dozens of other businesses.
Actually, this guy is very picky.
Those dozens of companies, which basically have no business with D&F, are related to the M777 and are involved in the project to export towed howitzers to India.
Lawrence combines two things into one, to put it bluntly, to save money on hospitality.
In the garage, Rabat had already driven the sedan over.
"You don't seem to be very happy." After getting into the car, Serena asked.
"What's there to be happy about?"
"In any case, we have already acquired the shares of the fn company and will soon be able to join the board of directors of the fn company as a major shareholder."
The contract has been signed and will come into force after a symbolic filing with the relevant authorities.
In addition, Lawrence pledged to raise a board of directors at FN, relinquish his position to Serena, and support D&F's investment in the acquisition of FN.
Of course, you don't have to wait too long.
Half a month later, a loan with a total principal and interest of 500 million euros will mature, and if the FN company can't come up with so much money by then, it will have to go bankrupt.
Obviously, the company FN simply can't come up with 500 million euros.
At present, there are less than 30 million euros in liquidity in the company's account, and it can only be used to pay employees' salaries and cannot be diverted for other purposes.
Because BAE Systems refused to provide financing to FN, FN was one step away from bankruptcy.
In Serena's opinion, even if it wasn't time to celebrate, she should be happy, after all, Wang Dong's original purpose was to annex the FN company.
Just, and then what?
Wang Dong didn't say it directly, and Serena didn't ask, because she knew what Wang Dong was worried about.
Working with BAE Systems to acquire FN shares through a swap agreement is only dealing with the relevant departments of the British authorities.
Because D&F is registered in the UK and BAE Systems has a presence, it's not much of a problem.
To put it bluntly, in order to keep the country's number one arms company, make the arms industry bigger, provide more jobs, create more tax revenues, and strengthen Britain's national strength, it is purely normal for the British authorities to turn a blind eye to some less critical issues.
For example, in the past month, the people of MI5 and MI6 have not come to Wang Dong to trouble them again.
With the shares transferred by BAE Systems, he went to Belgium to acquire FN and faced the Belgian, French and German authorities.
Will it be that easy?
It is important to know that the German group holding company is a German financial industry giant, and the status of GIAT in France is on a par with BAE's position in the United Kingdom.
What's more, Belgium, France and Germany are all members of the European Union.
What about d&f?
The UK has left the EU and D&F companies registered in Edinburgh have no half-dime relationship with the EU and are standard non-EU companies.
Obviously, the three European countries will definitely find out the details of D&F, especially the German authorities.
Wang Dong did not expect to be able to hide from European countries, but only hoped that he could hide it for a while longer, so as to complete the merger and acquisition of FN.
As for what happened after that, Wang Dong hadn't thought about it yet.
Having come to this point, there is actually no choice, and taking down the FN company is the only way out.
Before coming to London, Wang Dong talked to Serena about it.
Although the order for the Saudi special forces has been obtained, and additional orders have been obtained, the total production of the DF762 series of firearms will definitely exceed 50,000, or even reach 100,000, but D&F is still a small business, the capital is not strong enough, and the relationship with the government authorities cannot be compared with a giant like BAE Systems, and without decades of accumulation, it cannot become an arms giant.
If there is a shortcut, it is to annex a long-established arms company.
FN is the ideal choice.
In fact, this is the key to Wang Dong's insistence on acquiring FN after buying the barrel forging machine through BAE Systems.
D&F is still a sparrow now, but after taking FN, it will become an eagle.
In Wang Dong's words, at least a sparrow riding on an eagle.
When the time comes, will those guys who want to deal with D&F still dare to do it?
At least there will be a lot of concerns before you get your hands on it.
You must know that FN's customers include dozens of countries such as the United States, and the guns and ammunition produced by it are sold to hundreds of countries, and even the M885 bullets of the US military are the domestic version of SS109 bullets, that is, the purchase of guns and ammunition patented by FN company produced in the United States.
Not to mention in Europe, even if you look at the world, the company is well-known.
In terms of seniority, FN is the oldest of the world's major firearms companies, and most of the gunsmiths companies that are its counterparts are history.
As for H&K, Barrett, Glock, Sig, Kalashnikov and other gun companies, they are far inferior to FN.
In terms of pistols, the "Browning high-power pistol" produced by the FN company is still in service with the Australian army today, and it is a standard pistol.
With the acquisition of FN, D&F will become a giant in the field of firearms.
It's just that it's very difficult and risky.
In his mind, Wang Dong made countless deductions, even if he didn't make any mistakes, the opponent was full of loopholes, and the result was very bad.
For this reason, Wang Dong saved a hand for the worst-case scenario.
According to Wang Dong's speculation, within a few months, what he feared would happen.
When the time comes, even if they gain a controlling stake in FN, or even annex FN, they will have no place in Britain or even in the entire Western world.
This is definitely not alarmist, but an inevitable end.
Don't forget, D&F's countersunk bomb actually comes from Huaxia, and the process of producing the countersunk bomb, as well as the indispensable binary propellant, and even the key primer are all in the hands of Huaxia enterprises, so as long as mass production is involved, it is inevitable to cooperate with Huaxia enterprises.
Obviously, not to mention cooperation, even if it is just to get a technology license, will make D&F a target of public criticism.
So, what else is there to rejoice about?