Feng Yu nodded at Ke Cilei, and Ke Cilei said: "Langdu, we won't read these documents. We already have an acquisition target. If we agree, we will talk about it.? ?"
The implication is that if you don't agree, then there's no need to talk.
Langdu felt extremely aggrieved, but at this time the situation was stronger than others, so he could only nod silently: "Please tell me."
"You have seven technology research centers around the world, among which we are interested in research centers in the United States, the United Kingdom, China, Germany, Spain and Singapore."
Langdu clenched his fist hard. You want to co-author all of our seven technical research centers, except ours in France!
For a consumer electronics company like theirs, the research center is extremely important. The funds invested in technology research and development account for more than 15% of the total annual revenue, and sometimes it is even higher.
Only by staying ahead in technology can they maintain their position. Feng Yu and Ke Cilei are so ruthless!
"Also, you have nearly forty industrial parks around the world. Among them, we are not interested in the ones in the United States, the United Kingdom, and France. We can talk about the others."
The United States, the United Kingdom and France are the ones with the most serious losses in their Thomson Industrial Parks. Philips and Taihua Holdings do not want these. Instead, they want to acquire their industrial parks that suffer little or even no losses. Then the remaining ones are losing money. Park, what should we do
Rondo felt his anger rising. Do these two people really think that no one wants our Thomson? We can't cooperate with the companies on the island country, but Ximenzi and Motorola are also interested in us!
"You have many valuable brands, but we have no plans to acquire these. These are the roots of your Thomson brand, and we will keep them for you."
"The related businesses of radio, film, and television equipment are closely related to Feng's industry, and he is very interested in this. There are also your film and television post-production, CD production and sales, etc. It would be better if they could be sold together. .”
"Your patents in electronics, electrical appliances, communications, networks, optics, intelligent control and many other fields are also good. If you sell them all to us, you will definitely not agree to this, but if you license some of them to us, it should be no problem, right?"
Since the cooperation between the two parties broke down, Thomson's patents are no longer authorized by Taihua Holdings and Philips Group. Of course, Thomson cannot obtain patent authorizations from these two companies.
"You have sales branches in many countries and regions around the world. This time we suffer a little loss. You have the biggest loss in North America. Feng is interested in buying it. You also have a very serious loss in Europe, right? We are very profitable. Pu is very interested and can accept some bad debt."
"By the way, it would be better if you could sell your shares in Huaxia's joint venture. Feng can introduce you to Huaxia's buyers so that you can get more money and save the company's predicament."
"Well, that's all I can think of. Feng, is there anything else you need to add?" Ke Cilei asked easily.
Feng Yu shook his head: "What you said is very good. Regarding the price, we will discuss it slowly later."
Langdu's teeth were almost broken. These two people were dividing Thomson's assets in front of him without asking his opinion. How could it be unreasonable!
"Feng, Kocilei, I think you have made a mistake? We are negotiating with some creditors to let them conduct debt-for-equity swaps, which can offset nearly half of our debt. We only need to carry a few billion euros of debt That’s it, do you think these billions of euros will bring us down?”
Kocilei's eyes flashed behind his glasses: "It's really strange that the world's fourth-ranked consumer electronics manufacturer is about to file for bankruptcy protection because of billions of euros of debt."
"I remember that when your stock price was at its highest, it was over a hundred euros. But now, your stock price is a little over one euro. It is because of the suspension that it has not continued to fall. Otherwise, it will definitely fall below one euro, and maybe it will be Forced delisting.”
"Although not all of your assets are listed, it also proves that investors are not optimistic about Thomson Group. You said that you still have cash in your account and can continue to operate, but the operation must be profitable. Okay, continuing to operate will only bring more losses, am I wrong?"
"You have been greatly affected by this economic crisis. Most of the world's consumer electronics manufacturers saw a serious decline in sales in the second half of last year, and it is the same this year. Many even suffered losses. But Feng's electronics companies We, Philips, happen to be among the few that can continue to grow both sales and profits, and you happen to be the ones who have suffered the most."
"Think about other bankrupt companies. They didn't pay attention when they were billions of dollars or billions of euros. Then the next quarter, the losses became tens of billions, and then doubled again, in less than a year. , and went bankrupt."
"For example, Tongyong Automobile in the United States, which was once one of the top three in the world's top 500 companies, is now planning to file for bankruptcy protection. Ford Motor Co., Ltd., one of the three major automobile groups in the United States, has sold some businesses to Feng. The Huaxia Consortium has now overcome the difficulties and is expected to make normal profits next year."
"Thomson is the most famous consumer electronics brand in France. It seems to have a lot of state-owned shares, right? And your French state-owned assets seem to have no money to continue investing. They think those are more important when investing in postal services, telecommunications, etc. What you are looking for Who among the other buyers can come up with so much cash? It will take them a long time just to negotiate and then conduct a detailed evaluation. By the time you actually make the transaction, I am afraid it will be the end of the year. By then, the assets you have sold will still be enough. Will it fill the funding hole? Is it enough for you to turn around?"
"We are different. Everyone knows us well. We can make concessions in some places, even take on some debts, and complete the acquisition of some of your assets as quickly as possible. If your French government approves it quickly, Maybe it won’t take two months and you can get a lot of money.”
"Don't forget, you have violated the debt contract. This time you will not be able to trade stocks normally, and no one will be willing to buy the bonds. Moreover, no other company can provide the conditions we can offer. . How about you think about it, when will we discuss the price?”
Kocilei's eloquent tongue exposed all the situations that the Thomson Group tried so hard to cover up, and directly put the matter on the table for discussion.
The pros and cons have been clearly stated, and Thomson Group has no choice at this time.
In the previous life, the Thomson Group was in ruins because of this time, and it never recovered its glory. Now Feng Yu and the others have given Thomson another option to see if they are willing to accept it.
…