Porsche is a German car manufacturer. Its relationship with Volkswagen can be said to be a bloody family drama and a classic combat power of acquisitions and counter-acquisitions.
Both companies were founded by Ferdinand Porsche, but Volkswagen gave them to their daughter and Porsche gave them to their son.
In 1993, Piech became CEO of Volkswagen, and in the same year his cousin Wolfgang Porsche became CEO of Porsche.
It was also at this time that Porsche began to acquire Volkswagen and officially began to implement it in 2005. Even in 2008, Porsche acquired nearly 741% of Volkswagen's shares, and it was about to take Volkswagen into the capital.
But some things are worse than God's. It is also at this time that a financial crisis broke out around the world.
Although the sports cars produced by Porsche are very affordable, they are still luxury goods after all, and the price is naturally very expensive. They are loaned hundreds of billions of euros. With similar capital consumption in such an acquisition and reduced income, Porsche's situation has become very straightforward.
On the contrary, Volkswagen Group's steady pace, and also because the company's brand is more civilian, the revenue of Volkswagen Group increased instead of reducing.
This made the two companies even more embarrassing.
Previously, Porsche thought about acquiring Volkswagen Group and using Volkswagen's assets to repay debts. However, even though it has obtained most of the equity, 30% of them are options. It takes enough time to completely convert the options into stocks, so the previous plan naturally cannot be achieved, which also made Porsche be counter-killed.
This is also the reason why Andrea Agnelli proposed that Zheng Yu could contact Porsche.
Do you know Wolfgang Porsche?After knowing that the other party of Ferrari was really reluctant to sell it, Zheng Yu had to settle for the second best. Moreover, Porsche is also a very good company, especially with the Volkswagen Group, which is hard to say that both companies can take a bite.
Moreover, although the sales price of Ferrari cars is even higher, the global sales volume is not very high. It may just be tens of thousands of vehicles a year. Of course, even if you make more money in the middle, it is not as good as the profit of Porsche's sales of more than 100,000 or more than 200,000 vehicles.
Although this makes Porsche suspect to reduce its brand value, it is not a big problem in Zheng Yu's opinion. As long as they are willing to spend money, they can just develop several supercars by themselves.
Porsche does not lack such technical capabilities. Only money can slip and fall, so naturally such things can be done.
Of course I know this, but Porsche may not be able to completely win it, but there is no other problem if you take the position of a major shareholder from Wolfgang Porsche.Andrea Agnelli was relieved when he saw Zheng Yu willing to change his goals.
Yes, but this shareholder can be big.
When Zheng Yu heard that Andrea Agnelli could not guarantee that the other party would sell the company to him intact. He originally went to get the drinks on the table and just gave him a slight meal, but he soon laughed. Although Porsche suddenly encountered difficulties in funding, it was not the moment of a life-and-death crisis.
As long as you are smart people, you will find that Porsche's profitability is not a problem. It is just a special environment in the global market, coupled with the acquisition of Volkswagen Group, which makes his capital flow cause some trouble. As long as it passes through, Porsche is still the most profitable sports car company in the world.
Don't worry, as long as they are willing to sell, they will be willing to sell at least 30% to 49% of the shares, but you may need to borrow a loan to them at that time.Andrea Agnelli just smiled and nodded and promised.Although the Porsche family cannot sell their family’s ancestral property, if they only bring in a major shareholder, there is still no big problem.
Uncle, you are here too.
While the two were communicating with each other, a voice suddenly sounded. At the same time, two figures walked in one after another. The man walking in front was thirty-seven or eight, with a tall and tough figure, and a handsome nobleman style. However, the other person's face was a little pale, and he looked a little overly indulgent, and he smiled with some lust.
Behind the other party was an Asian woman of twenty-four or five years old. The other party had long wavy hair draped over his shoulders, wearing a black and white tight skirt, and the clothes were tightly fitted on his body.
As I walked, my hips twisted and slid out beautiful arcs. My figure was not very plump, but it looked like a strange smell of a fox.
Labo, why are you here?
When I saw the visitor Andrea Agnelli, I was a little surprised, but I still stood up with a smile and greeted the other party.
Then he introduced to Zheng Yu and said: Zheng, this is my nephew and the fifth generation of Rapo Elkan of the Agnelli family.
Hello, Mr. Zheng.
Rapo Elkan immediately smiled and reached out to greet Zheng Yu, with a very enthusiastic attitude.Seeing the other party's attitude, Zheng Yu stood up with a smile and greeted the other party.
Zhu Zhu looked at Rapo Elkan's attitude and became so enthusiastic when he saw Zheng Yu. As the top consortium in Italy, the Agnelli family naturally had the power of Rabbi here, which also made Rapo Elkan very proud. This was the first time that Zhu Zhu saw the other party being so enthusiastic about people.
Thinking of this, Zhu Zhu naturally couldn't help but look at the other party more. Seeing that although Zheng Yu was sitting there, his body was very lazy. It could be seen from his relaxed look that the other party did not care much about and value the Agnelli family.
On the contrary, although the two people in the Agnelli family are above their own territory, even if they are not very respectful in their attitude towards Zheng Yu, it is enough to show that the other party's identity is higher than that of the Agnelli family.
While thinking about it, Zhu Zhu suddenly realized that the other person looked at her. The other person's eyes looked at her. And along with Zheng Yu's gaze, she knew that the other person was looking at her, so she smiled at Zheng Yu. With a smile, Zhu Zhu's face seemed like a blooming flower, which made two faint dimples appear on her cheeks, making her look even more beautiful.
Both companies were founded by Ferdinand Porsche, but Volkswagen gave them to their daughter and Porsche gave them to their son.
In 1993, Piech became CEO of Volkswagen, and in the same year his cousin Wolfgang Porsche became CEO of Porsche.
It was also at this time that Porsche began to acquire Volkswagen and officially began to implement it in 2005. Even in 2008, Porsche acquired nearly 741% of Volkswagen's shares, and it was about to take Volkswagen into the capital.
But some things are worse than God's. It is also at this time that a financial crisis broke out around the world.
Although the sports cars produced by Porsche are very affordable, they are still luxury goods after all, and the price is naturally very expensive. They are loaned hundreds of billions of euros. With similar capital consumption in such an acquisition and reduced income, Porsche's situation has become very straightforward.
On the contrary, Volkswagen Group's steady pace, and also because the company's brand is more civilian, the revenue of Volkswagen Group increased instead of reducing.
This made the two companies even more embarrassing.
Previously, Porsche thought about acquiring Volkswagen Group and using Volkswagen's assets to repay debts. However, even though it has obtained most of the equity, 30% of them are options. It takes enough time to completely convert the options into stocks, so the previous plan naturally cannot be achieved, which also made Porsche be counter-killed.
This is also the reason why Andrea Agnelli proposed that Zheng Yu could contact Porsche.
Do you know Wolfgang Porsche?After knowing that the other party of Ferrari was really reluctant to sell it, Zheng Yu had to settle for the second best. Moreover, Porsche is also a very good company, especially with the Volkswagen Group, which is hard to say that both companies can take a bite.
Moreover, although the sales price of Ferrari cars is even higher, the global sales volume is not very high. It may just be tens of thousands of vehicles a year. Of course, even if you make more money in the middle, it is not as good as the profit of Porsche's sales of more than 100,000 or more than 200,000 vehicles.
Although this makes Porsche suspect to reduce its brand value, it is not a big problem in Zheng Yu's opinion. As long as they are willing to spend money, they can just develop several supercars by themselves.
Porsche does not lack such technical capabilities. Only money can slip and fall, so naturally such things can be done.
Of course I know this, but Porsche may not be able to completely win it, but there is no other problem if you take the position of a major shareholder from Wolfgang Porsche.Andrea Agnelli was relieved when he saw Zheng Yu willing to change his goals.
Yes, but this shareholder can be big.
When Zheng Yu heard that Andrea Agnelli could not guarantee that the other party would sell the company to him intact. He originally went to get the drinks on the table and just gave him a slight meal, but he soon laughed. Although Porsche suddenly encountered difficulties in funding, it was not the moment of a life-and-death crisis.
As long as you are smart people, you will find that Porsche's profitability is not a problem. It is just a special environment in the global market, coupled with the acquisition of Volkswagen Group, which makes his capital flow cause some trouble. As long as it passes through, Porsche is still the most profitable sports car company in the world.
Don't worry, as long as they are willing to sell, they will be willing to sell at least 30% to 49% of the shares, but you may need to borrow a loan to them at that time.Andrea Agnelli just smiled and nodded and promised.Although the Porsche family cannot sell their family’s ancestral property, if they only bring in a major shareholder, there is still no big problem.
Uncle, you are here too.
While the two were communicating with each other, a voice suddenly sounded. At the same time, two figures walked in one after another. The man walking in front was thirty-seven or eight, with a tall and tough figure, and a handsome nobleman style. However, the other person's face was a little pale, and he looked a little overly indulgent, and he smiled with some lust.
Behind the other party was an Asian woman of twenty-four or five years old. The other party had long wavy hair draped over his shoulders, wearing a black and white tight skirt, and the clothes were tightly fitted on his body.
As I walked, my hips twisted and slid out beautiful arcs. My figure was not very plump, but it looked like a strange smell of a fox.
Labo, why are you here?
When I saw the visitor Andrea Agnelli, I was a little surprised, but I still stood up with a smile and greeted the other party.
Then he introduced to Zheng Yu and said: Zheng, this is my nephew and the fifth generation of Rapo Elkan of the Agnelli family.
Hello, Mr. Zheng.
Rapo Elkan immediately smiled and reached out to greet Zheng Yu, with a very enthusiastic attitude.Seeing the other party's attitude, Zheng Yu stood up with a smile and greeted the other party.
Zhu Zhu looked at Rapo Elkan's attitude and became so enthusiastic when he saw Zheng Yu. As the top consortium in Italy, the Agnelli family naturally had the power of Rabbi here, which also made Rapo Elkan very proud. This was the first time that Zhu Zhu saw the other party being so enthusiastic about people.
Thinking of this, Zhu Zhu naturally couldn't help but look at the other party more. Seeing that although Zheng Yu was sitting there, his body was very lazy. It could be seen from his relaxed look that the other party did not care much about and value the Agnelli family.
On the contrary, although the two people in the Agnelli family are above their own territory, even if they are not very respectful in their attitude towards Zheng Yu, it is enough to show that the other party's identity is higher than that of the Agnelli family.
While thinking about it, Zhu Zhu suddenly realized that the other person looked at her. The other person's eyes looked at her. And along with Zheng Yu's gaze, she knew that the other person was looking at her, so she smiled at Zheng Yu. With a smile, Zhu Zhu's face seemed like a blooming flower, which made two faint dimples appear on her cheeks, making her look even more beautiful.
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