"Horton Automobile? Australia accounts for more than 20% of the market? This data sounds wonderful, but how many cars can Australia sell in a year? It's not enough to reach one million this year?"

Even if Feng Yu is interested in this brand, he will not show it directly. Moreover, the Australian market is indeed shrinking, and I believe that it is known to use cars at the same time, otherwise he would not have sold it so happily.

Another thing about Feng Yu remembers that in his previous life, Horton eventually stopped production. Because the Australian market was over, including Futer, Crazy Tian and other factories in Australia were closed, the manufacturing costs there continued to rise, but sales continued to decline.

Simply put, the Australian market is about to be saturated, and if it fails to open up a new market, it will naturally be over. At that time, did there be a new market? There is, but it is not given to Holden, but to Chevrolet and Buick. Holden's popularity is too low after all.

However, Feng Yu is very interested in the technical center of Holden. Among them, the research on engines, transmissions, chassis, etc. is top-notch among the same-used cars, and the world is also first-class. It can complement the technology of Bingcheng Machinery.

There is no debt there, and the use of the same operation has already laid off employees. At worst, the factory production capacity there will be reduced, and in the end it can simply become a technology R&D center and a sales center, and no longer produce.

When Mako heard Feng Yu's words, he didn't look awkward on his face. He argued: "But Holden's car is not only in Australia, but also exported to New Zealand, the United Kingdom, South Korea, the United States and the Middle East. The brand is very valuable. Moreover, the technology R&D center there is very powerful, including many key technologies we use together."

"Is that right? You promise that you don't have any mastery of those technologies with other brands? It seems that there are not many patents under Holden, right?"

The research on Holden was successful, and the patented technology belonged to the Tongyong Automobile Group. Holden held some less important patents.

"Mr. Feng, Holden car is really worth buying, it only costs five billion dollars."

Feng Yu paused the game, pressed it a few times, and clicked on an electronic document.

"Tsk tsk tsk tsk, seven years ago, Holden had a profit of 6 billion Australian dollars a year. Last year, Holden had a profit of less than 1 billion Australian dollars. So how much should it be this year? Is there no point or will you lose money? The reason why you were able to maintain a profit of nearly 1 billion Australian dollars last year was because you also made layoffs. To be honest, those managers are so qualified."

Feng Yu shook his head and sighed, and the sarcastic remarks in his mouth made Mako's face change again and again.

Why did Feng Yu know so much about Holden’s information? Is Feng Yu originally planned to acquire Holden’s business and did a detailed investigation?

So did Feng Yu only investigate Holden or all the businesses of the same-used car? Is Feng Yu completely clear about the details of the same-used car?

"Mr. Feng, Horton's profit declined because Horton originally held more than 40% of the shares of Tongyong Daewoo. Later, did not sell it to Tata Auto. So when the business shrinks, the profit will naturally decline, and global car sales are declining..."

"Wait a minute, the car sales in our Chinese market have not declined, the car sales in the Indian market have not declined, and our Bingcheng Machinery sales increased by more than 15% last year, and it may be more this year."

Your decline does not mean that everything is falling.

Ma Ke was interrupted by Feng Yu again, but he didn't know how to refute it. Feng Yu was telling the truth.

"Mr. Feng, Horton Automobile's R&D center, spare parts production center, automobile assembly center, sales channels, etc. are all high-quality assets."

"Is that so, why did I hear that Holden Auto suddenly bears a lot of debts from the same car? I don't know how your wholly-owned subsidiary operates internally, but these debts don't seem to be from Holden Auto, right?" Feng Yu asked with a smile.

Fortunately, people are collecting information at any time, otherwise they will almost measure the value incorrectly and the negotiations will be very passive. If they can still maintain a profit of one billion Australian dollars a year, then the price of five billion US dollars is really not expensive. But if they bear billions of debts, let alone fifty billion US dollars, Feng Yu would not even consider the 500 million US dollars.

"Debt? Did Mr. Feng get it wrong? There was still a profit of 1 billion Australian dollars last year, so how could there be debt?" Mako's smile was a little stiff. How did Feng Yu know about this news? Among the executives of Holden Automobile, someone must have been bribed by Feng Yu!

"So can the financial situation be disclosed? When we talk about asset transactions, we always need to understand in detail before we can decide." Disclosing financial situation is a very common requirement in corporate acquisitions.

How dare Ma Ke agree? Before they came to Feng Yu to find Feng Yu, they lost a lot of debts to those subsidiaries that were planning to sell to Feng Yu.

"Okay, what Holden was originally like, what it should be like now. I won't bear any of those debts, so that I can have a good talk."

"Also, I have investigated clearly what the Australian market is like and what the Holden company is like. I even know very well what the overall car you use together is like. You don't have to lie to me."

"Finally, I'm a little interested in Holden Automobile, and I'm more interested in some of the technologies you use together. I remember that you have many joint ventures in China, including technology research and development centers, which is also included."

This time, Ma Ke really didn't know how to argue. It turned out that his own bottom had already been in front of the other side. What's ridiculous is that he still wanted to hide it.

If several joint ventures in China were sold, then they would have no valuable assets in China, and the rest would be some sales channels. However, in China, there were only a few imported cars except for joint ventures.

He measured it in his mind that even if these were combined, if some debts could not be removed, they could be sold at most at least eight billion US dollars. No matter how high it was, no one would be willing to buy it.

If it were two years ago, he would have offered at least $15 billion in these assets. At that time, they were the leaders of the industry, and they were not short of money, and they were still scrambling for territory everywhere.

Feng Yu thought for a while: "By the way, I think you are using cars together is quite short of money. I'll help you with some patented technologies. You can transfer some patented technologies to me or permanently authorize them to me. I can also give you a technology transfer fee. Add these to the assets I just mentioned, and make up an integer of 10 billion US dollars. You have already thought about it and give me a reply tomorrow. If you say it, I may not want to buy it."
Chapter completed!