Automotive Black Technology Chapter 1253: : No, let’s wait!

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According to Li Fanyu's idea, the matter between Zhengxin and Rolls-Royce is a direct merger.

According to the normal M&A process, such a multi-billion M&A case requires a lot of preparation work, including the formulation of M&A plans, feasibility analysis reports, analysis of internal and external environments including operations, policies, competition, economic benefits, etc. matter.

After doing all this, send a letter of intent to the target company for merger and acquisition. Then go to verification, negotiation, form a resolution, and finally sign a contract to complete the merger and acquisition.

But there are some specialties when it comes to Zhengxin; one is because Zhengxin is not a listed company, so the merger and acquisition of Rolls-Royce is essentially the merger of a listed company by a non-listed company. Another one is to follow Li Fanyu's wishes and directly use money to acquire Zhengxin's shares. He is not prepared to include them in the merger and acquisition conditions.

Finally, it is also the acquisition intention of Rolls-Royce. What Li Fanyu only wants is this century-old brand and its management and service system. He doesn't care about other things including the production of Rolls-Royce.

This saves a lot of steps.

However, once such a merger and acquisition is completed, it requires a large amount of capital flow. This requires approval from the National Development and Reform Commission.

In order to deal with this, An Ningyi asked Zhengxin's team to come over first and prepare in advance. Let’s see if the merger is really completed. Is it more cost-effective to use Zhengxin’s domestic resources or the funds from Yinzhu or its North American branch?

Moreover, I also want to evaluate the specific situation of Rolls-Royce as soon as possible to prevent the group from being passive in the acquisition.

Seeing An Ning exert such great force, Li Fanyu smiled bitterly.

This woman complained that her decision to acquire Rolls-Royce was too hasty. What was the result?

More interested than yourself!

This is really... women are fickle,

Thinking of this, he coughed lightly and waved to everyone, "You go and explain to Li Kai first. He is responsible for all contact with Rolls-Royce and Rolls-Royce in the past two days. I'll catch up with you later. I see, you've already arrived anyway, so we don't have to wait any longer. The contact time set by Rolls-Royce is still early, so we'll go directly to the UK and get a feel for it first. ”

"Yes,"

Everyone laughed and said yes.

Seeing everyone leaving, Li Fanyu shook his head.

I thought to myself that the merger and acquisition should be done sooner rather than later. The British are famous for their arrogance and old-fashionedness. Now that he has finally opened up Gerald's breakthrough, he must keep up.

To avoid any accidents.

Thinking of this, he picked up the phone and called Gerald regardless of whether he took the initiative or not.

The call was answered quickly, but it was Gerald's housekeeper who answered the phone. Li Fanyu knew that that old antique Gerald didn't carry a mobile phone with him.

After cursing a few stubborn and evil capitalists in his mind, Gerald's voice came.

"Li, what's the matter?"

Li Fan smiled foolishly, "It's nothing big, I just wanted to ask you how it is over there and when we can officially start the inspection."

"The way you speak makes me feel how important I am in your heart." The old knight didn't know why he was being unreasonable.

Li Fanyu rolled his eyes and was about to explain when the old knight over there changed the topic and said: "But I don't care about you. Yesterday, I had a phone call with the Minister of Industry. Regarding the Rolls-Royce. The Ministry of Industry also has their own ideas about what form the transfer will take. As for what you said, Zhengxin can play a leading role in the British automobile industry. So, according to my opinion, you are the most interested. It’s best to bring your lobbyists to the UK to communicate with Congress.”

Hey, sir!

Li Fanyu is so angry.

Am I interested in you becoming a young master? If it weren't for the sake of getting a Rolls-Royce, I wouldn't be willing to deal with you British guys!

Not interested yet? Does this mean you want me to come to your door and beg for help?

Although I want Rolls-Royce, the prerequisite for all mergers and acquisitions is that you and I are willing. And I paid for the acquisition, so why should I have to lick the heels of you British guys?

Although Li Fanyu had never dealt with the British Ministry of Industry, he knew it quite well.

In the time and space before the course of automobile history changed, the British Ministry of Industry was simply a joke!

Germany, as the leader of the European Union at the time, actually wanted to help the declining British Empire restructure its automobile industry. After all, the EU still has a relatively rare British automotive industry with a number of established luxury cars.

But what did the British government and the Department of Industry do?

While the EU was instructing BMW to work hard to rescue Rover, Land Rover, Rolls-Royce and Mini, officials in the British Parliament and Whitehall, together with the Ministry of Industry, hurriedly sold Jaguar to Ford. Then, he licked his face and helped Toyota, Honda and Nissan establish distribution networks in the UK. In the end, he sold his entire family fortune to Italy.

It was during that period that the British government made countless stupid decisions, pushing those brands that could once sustain the British automobile industry into dire straits, and were eventually packed away.

In Li Fanyu's view, Britain at that period was similar to the Qing Dynasty a hundred years ago, which "would rather treat foreigners than domestic slaves."

Although the British don't want to give those brands to Germany, which they have always hated, their arrogance and stupidity... are exactly the same as the Empress Dowager Cixi.

Now that the old knight asked him to deal with this group of bureaucrats, Li Fanyu's first thought was - go to hell!

"Sir Gerald, my patience is very limited. In order to save everyone's time, I will emphasize some things to you;

First, I am very interested in Rolls-Royce, and at the same time I am 100% sincere. However, my patience is also limited.

Second, my promise to drive the British automobile industry is true, but I never do charity. Let me make it clear that I want to enter the British and European markets, and I will help you do so smoothly. So don’t think I’m begging you.

Third, my time is limited. Once I lose my patience and interest in Rolls-Royce, I will give up the merger and acquisition plan without hesitation. This is a once-in-a-lifetime opportunity for you and Zhengxin, and I urge you to cherish it.

That’s all for you. What to do specifically is up to you to consider.

Our inspection team from Zhengxin is currently in Geneva. From now on, I will wait until the end of the auto show. These ten days are enough for you to communicate on all aspects and enough for your government to come up with a plan.

If not, then the merger and acquisition will be abandoned. ”

After saying that, Li Fanyu hung up the phone without caring about etiquette.

"What the hell! I treat you like a human being, and you guys are putting it on the shelf with me! Pretending to be a boss with me? You are **** worthy!"

Li Fanyu's stubborn temper rose.

At this moment, Li Kai came over.

"Director Li, when will we go to England?"

Li Fanyu waved his hand, "I'm not going! Let's wait!"