Feng Yu and Ke Cilei left and returned to the hotel. At this time, Langdu was holding an emergency board meeting to discuss how to negotiate based on the conditions proposed by Feng Yu and the others.
They couldn't agree to all those conditions, otherwise what would Thomson have left? Without business, even with money, it is impossible to restore the glory of the enterprise.
They can only selectively agree to those conditions, and then strive to maximize the benefits when selling these assets, get as much cash as possible, or dump more debts and other non-performing assets to Feng Yu or Fei Fei Lip Group.
Of course, Langdu also knew that this was unlikely. The other party was not stupid and clearly had a psychological advantage, so the bid would definitely not be too high. They need to find a balance point here, a balance point acceptable to both parties.
Langdu believes that even if Thomson Group is sold as a whole, Feng Yu and others can afford it. Haven't you heard? Feng Yu recently acquired a commercial bank in the UK, and then acquired many related financial industries in North America.
It is said that he is still working with Kirilenko to acquire the Lituo Group, which is one of the three giants in the mining industry with a market value of more than 100 billion U.S. dollars and its real value can definitely reach 150 billion U.S. dollars.
Feng Yu had just returned to the hotel and sat down for a while when he heard a knock on the door. The bodyguard looked and saw that it was Jimmy Zhou, the overseas director of Taihua Holdings Group, a British Chinese.
"Chairman, the team has all arrived. When will we start negotiating with Thomson Group? Do we want to talk with Philip Group?" Jimmy stood in front of Feng Yu and asked with a bow.
"Don't worry, sit down. Have you purchased the detailed information of Thomson Group?"
There are also many business consulting companies in Europe. They will conduct information research on some companies that may be for sale, and then sell them to investors who are interested in acquiring the company to make a profit.
For example, the Rothschild family has this kind of business.
"I bought it, 460,000 euros, it's really too expensive." Jimmy felt a little distressed, 460,000 euros can buy some patented technology.
"Don't be afraid of the price. This information will help you a lot in this negotiation, right? Time is also a cost. If the acquisition is successful earlier, we can earn back the 460,000 euros in one day."
"What's more, there will be some detailed evaluation reports on Thomson's assets, right? It can help us better lower the price, and this money can also be saved."
"This time the acquisition has been negotiated. Not only will you get the bonuses given by the company in accordance with the contract, but I will also grant you a week's vacation so that you can have fun in Paris. I will pay for it."
"Thank you, Chairman. We will acquire the best quality assets at the fastest speed and at the cheapest price." Jimmy quickly expressed his loyalty.
A team of dozens of people wants to play for a week, and the cost is not a small amount. The chairman is really too generous.
Feng Yu actually had ideas about Thomson's sales channels and R&D centers for a long time. If he hadn't broken up with Thomson, the sales of Fengyu brand electronic and electrical products in North America would have been better, and Lianxiang brand and g-box products would have sold better. Sales can also reach a higher level, and the European market should also expand faster.
Feng Yu knows very well how important technological improvement is for a technology-focused company like theirs. Thomson Company has many outstanding technical personnel and has mastered many world-class patented technologies.
In fact, the brands owned by Thomson are also very good, but Feng Yu also knows that this is the foundation of Thomson Group. If even the brands are sold, then Thomson Group will really cease to exist. The French government is sure of this. I won’t agree, that’s the major shareholder of Thomson Group.
It's the same in any country. They absolutely don't want to sell this kind of national brand. It can easily become a national sinner and be scolded by the people.
In order to retain these brands, Thomson must also retain some high-quality businesses. The French government currently does not have more capital investment because it is also in an economic crisis, but it does not mean that they are willing to sell all such large companies and brands.
Feng Yu actually doesn't plan to acquire them all. Feng Yu really doesn't like Thomson Group's factory. The production efficiency is too low, the cost is too high, and there are also operational problems.
Sales channels are what Feng Yu values the most, and he has already talked to Fu Guangzheng. The Fu family is very interested in this and is willing to establish a joint venture with Feng Yu, and then swallow up these sales channels and expand the Fu family's advantages in retail.
Feng Yu is not good at retail management at all, and he does not have many retail talents under his command. Wu Zhigang is considered the best among them.
Since the Fu family is willing to let him invest in the Fu family's retail group, there is no problem in giving this piece to the Fu family. Anyway, Feng Yu has a lot of cooperation with the Fu family, and the Fu family is indeed Feng Yu's most important partner in sales.
In Feng Yu's eyes, Thomson Group is already a thing of the past. Without new funds, it will just wait to wither. Therefore, this acquisition will definitely be successful. The final result is just a matter of the number of high-quality assets acquired.
At the same time, Ke Cilei was also explaining to his subordinates that they would not compete for some businesses that had been agreed with Feng Yu to be given to Feng Yu and Huaxia. Feng Yu would not let anyone compete for some businesses that were definitely theirs. , and some others just rely on their own abilities, but don’t raise the price like crazy and let the Thomson Group take advantage. If that doesn’t work, the two parties can set up a joint venture and acquire it together.
…
Langdu looked at the people on the board of directors. Everyone was silent. Finally, he had to say: "We need to stabilize the stock price now. Thomson's stock must resume trading."
"We do not sell the assets of listed companies, but let investors see that we have new capital injections. We can even repurchase a large amount of stocks ourselves. With sufficient funds, our operating conditions will definitely improve. With the improvement, it is possible to return to profitability next year or even this year.”
"However, our high-quality assets that are not listed on the market have to be sold to Taihua Holdings and Philips Group. I just mentioned their favorite assets. I personally prefer to sell some R&D centers and industrial parks to them. You can also continue to license some patents to them, but it must be the same as before, it is a patent exchange license and no money is sold.”
"As for factories, we try to sell them as much as possible, but in terms of gateways, Internet content, film and television post-production, radio and television equipment and other businesses, we are still the best in the world. We are also the best in the production and sales of optical discs. Here I suggest Sell some of the business or even keep it.”
"As for sales channels, we have to sell some to them. I suggest selling part of it in North America. The losses there are too serious. Although we are the strongest there, it is just like a shared car, it is empty. It’s just a shell.”
"The Thomson Group has reached the point where it is now. We have to lower our heads and think about whether the decisions we made were correct. Now our group is no longer the time to call the shots. We must recognize the reality and make decisions as soon as possible. In this way Only then can we have more funds to restore our glory!”
…
ps: Today is Arbor Day, and the fourth child decided to buy another pot of cactus. If it still dies this time, then he will buy another pot next year!