Chapter 970 intricate situation
"Mr. Pita, I can't agree to your request now. I still need to discuss with the senior management in the company before I can confirm it!" Bill Volt said to Danna Pita in front of me with a smile.
After hearing his words, Danna Tata couldn't help but turn his eyes to him, with a meaningful look in his eyes, and Bill Volt in front of him just took his gaze calmly, and even had the mood to grin at him.
"Mr. Volt!" Dannah said slowly again after scrutinizing him for a moment, his eyes were serious and serious. When Bill Volt's smile stopped, he continued: "I know that your plans within Volt are nothing more than to let us collide with the company from China to make profits..."
When he said this, Danna Tata paused for a moment, and Bill Volt, who was sitting beside him, still had a faint smile on his face, and there was no embarrassment because his thoughts were exposed. Danna Tata's eyes fell on his face, and then looked solemn: "I hope you Volt know that we are sincere in our visit to acquire Jaguar Land Rover this time!"
"We believe this point, after all, Mr. Tita has already explained all the problems. But what we are worried about now is whether Tita has enough funds to complete the acquisition, because as far as we know, Tita's foreign debt is now as high as US$30 billion. What's more important is that in February this year, your wholly-owned subsidiary Tita Steel, just successfully acquired the second largest steel company in Europe for US$11.3 billion. After completing this acquisition, how much funds does Tita have? Can it still have enough ability to pay for this acquisition!" Bill Volt said with a smile.
All the things that appear around this acquisition are nothing more than just one word, money!
Volt needs a lot of money to gain the ability to escape from the quagmire, the more the better.
After Bill Volt said this, his eyes stared at Danna Tata, as if he wanted to see clearly what Danna Tata would react.
Danna Tata's face was not at all strange, and he smiled faintly. After a moment, he looked at Bill Volt slowly and said calmly: "Mr. Volt, you and all the shareholders of the young master need to worry. Our Tata company will never be unable to pay the bill because of lack of money. We have sufficient funds to support this acquisition!"
Bill Volt looked at Dannathus seriously. He had to admit that the 70-year-old man had extraordinary concentration, at least he could not tell the truth of the words he had just said.
The communication between the two did not last long. After all, Volt's idea was obvious. Now it's just a matter of seeing who can afford a higher price between emp, Qi Rui and Pi Pi.
Volt's attitude towards trampling on this side was very ambiguous, and there was no slight neglect to emp and Qi Rui. The negotiations with them were still proceeding step by step just like before, but in terms of price, Volt maintained an avoidant attitude.
The current situation is quite strange, but it is still moving forward slowly.
After spending an unforgettable self-driving tour with Bai Ningyuan, Zhang Zilin bid farewell to Bai Ningyuan with the love song that made her heart beat. She flew back to New York and started her job as Miss World again.
Although she was reluctant to leave, after learning about some of the relevant situations of Danna Pita, she knew very well that her here would probably only distract Bai Ningyuan.
After Zhang Zilin left, Bai Ningyuan devoted his energy to the acquisition negotiations in front of him again.
Of course, his bed was not idle either. After returning to Detroit from Ann Arbor, Zhang Yan couldn't wait to retake Bai Ningyuan's "bed warming rights".
On August 8th, Bai Ningyuan, Zhang Yan and others had just gone downstairs to prepare for dinner, but were shocked by a piece of news.
On the night in Detroit time, CEA, another automobile company in Ali Sanguo, said in an interview that it would launch a acquisition of Jaguar Land Rover in the near future.
This news was a shocking wave. No one expected that after Hyundai withdrew from this acquisition, a third company was ready to enter this game of capital competition.
Although it is not ruled out that the other party deliberately released smoke bombs, after all, in Ah San, Mahendra has been fighting with Pita Auto in recent years, and the competition is very fierce. After Danna Pita said that they would acquire Jaguar Land Rover, they were not without factors that were not to be outdone, but in Bai Ningyuan and the others' view, since it was what the other party's CEO said, it would probably not be aimless.
In this way, Volt could be said to be laughing at me, because the more companies there were, the greater the profit they could make in the end. Only Bai Ningyuan and others seemed to have a big stone in their hearts.
Not only were they depressed, but Dan Na Pita. He never expected that he had not yet done the competition with the two companies in China, and there was another person behind him who was disrupting the situation, and he was his mortal enemy. This feeling was as disgusting as eating a dead fly.
At this time, Jaguar Land Rover almost became a hot commodity. Because of the changes in the situation, it was like those bloody TV series, which immediately attracted the unanimous attention of global car companies. Countless eyes were focused on Detroit, wanting to see what kind of way this fierce battle will end.
Although Jaguar and Land Rover have been on the decline in recent years, it is not an exaggeration to describe it as money-lossing goods. However, after all, their luxury cars are destined to be the focus of people's attention.
But many times, a drama that attracted attention will always have various unexpected situations at all times. For example, the current battle for Jaguar Land Rover is like this. After Mahendra was about to join the acquisition war, another major news came after two days. Oneequity, a private fund company under JPMorgan Chase, also announced that it would join the game without any weakness.
Now Detroit seems to have become very lively all of a sudden, and it feels like it is surging.
This is JPMorgan Chase. It was merged by Chase Manhattan Bank and J.P. Morgan in 2000, and acquired Chicago No. 1 Bank, Bear Stearns Bank and Washington Mutual Bank respectively. It is one of the top 50 super financial aircraft carriers in the world, with total assets of up to US$2.5 trillion and total deposits reach an astonishing US$1.5 trillion, accounting for as much as 25% of the total deposits in the entire United States, with more than 6,000 branches, making it one of the largest financial service institutions in the United States.
Such a monster stronger than pedal joins this game, and the situation seems to be extremely exciting.
"What's the situation? Why are they joining?" When Danna Tata heard the news, even though he had always been as calm as water, he couldn't help but roaring like a thunderous roar. Fortunately, he was the only one in the room at this time, otherwise he would be shocked if he was so ferocious and looked at him.
It turns out that Danna Tata is not as happy and angry as he shows, but everything before is under his control, but now, JPMorgan's entry is obviously not under his plan.
Although Tata Group is already a giant, it is a bit slim in front of JPMorgan Chase. Both parties are not of the same level at all. Even if onequity participated in the acquisition, it is just a private equity fund company under JPMorgan Chase, it still makes Danna Tata have to pay attention to it.
Compared to Danna Pita, there is not much trouble in the joint negotiation team of emp/Qirui. Perhaps it is because there have been too many things in the past few days, so much that they have already felt numb. Even if they hear any surprising news, for them, at most, they will be too much lice.
Perhaps because JPMorgan Chase's joining gave too much pressure to Tata Company, Danner's *Tita significantly increased the pressure exerted on Bill Volt. But the current situation is completely what Bill Volt is happy to see. Don't you see Volt's shareholders are almost unable to stop at this time, so facing Danner's pressure, Volt has been vague and used the drag-on technique without hesitation.
Faced with Volt's many actions, Danna Tata suddenly felt so angry that his teeth were itchy. Facing the faint pride that Bai Ningyuan showed before, it disappeared without a trace. In his opinion, the situation at this time was completely out of his control, which made him feel a little panicked.
Finally, after several considerations, Denar Tatta Motor Company issued a formal statement announcing the acquisition of Jaguar Land Rover. Immediately afterwards, Tatta Motor's huge negotiating team officially arrived in Detroit on the afternoon of August 12 local time, preparing to conduct formal contact and negotiations with Volt on the acquisition of Jaguar Land Rover.
In this short week, the situation has changed several times, and this acquisition game has suddenly become a topic of relish in major media around the world.
Just when the situation became so complicated, Bai Ningyuan, who was waiting anxiously, finally received a call from Yin Tongyue. During the call, Yin Tongyue said the words he had been looking forward to for a long time to Bai Ningyuan: "Brother Bai, the matter has been done..."
The first update today!
Subscriptions are not great, there are more and more collections, and fewer subscriptions. What is the situation?
Chapter completed!