Rebirth: Return to 1991 to be the richest man

Chapter 2941 What do you want
"Mr. Chen, do you know what you are talking about?"

Henry Ford laughed angrily. He had guessed wrongly about the shares held by Chen Jianghai at first. He didn't think it was a big deal. If Chen Jianghai dared to show his cards, the worst he could do would be to join forces with Napc to target Chen Jianghai from now on.

But Chen Jianghai actually showed off his plans to acquire Ford in front of him.

It's crazy too.

"Are you Chinese so arrogant? Why do you want to acquire Ford?"

"Even if our Ford company goes bankrupt, it won't be acquired by your small Qiuhai Group."

The two men next to Henry Ford shouted.

Now that we have broken the skin, there is no need to be polite.

However, Chen Jianghai smiled and shook his head. He looked at Henry Ford with contempt and said.

"When you are facing liquidation, will you still say this? Can you pay off your current debts by yourself?"

"Currently, I hold 60.00% of the shares of Lincoln and Land Rover. Once they face liquidation, I believe these two companies will only be awarded to me. If Ford leaves these subsidiaries, what ability do you have to pay for the huge debts? "

"As far as I know, there are two debts you have to settle in Singapore New City. These two debts are not much, about 50 billion US dollars, but if I want, this debt can be increased further. "

Chen Jianghai curled his lips and stared at Henry Ford coldly.

Henry Ford's face was very stiff at this moment, and he knew that Chen Jianghai was right.

At present, Singapore respects BYAT's decision very much. As long as Chen Jianghai is willing, BYAT can let Singapore file an appeal application. By then, Ford will only be in trouble, and it is now facing bankruptcy and its property will be liquidated. They will only become more dangerous.

"In Europe, your bribery case is still being processed. I believe that the methods used by Porsche and Volvo are enough for the EU to file a larger lawsuit against you. This scandal has greatly damaged the image of Europe. Do you think they will Aren't you going to file a claim for compensation?"

Chen Jianghai pointed out another extremely scary point that made Henry Ford's palms sweat.

At this moment, Ford's crisis was very clear.

Ford's overall debt is about more than 400 billion U.S. dollars, but in fact, there is still a lot less than what they can pay, and this is when subsidiaries such as Lincoln and Land Rover are included.

But now the two subsidiaries of Lincoln and Land Rover are in the hands of Chen Jianghai.

As long as Chen Jianghai is willing, even if his funds are frozen, the assets of these two companies can only be liquidated to Chen Jianghai.

This means that Ford has no retreat.

"what do you want?"

Henry Ford said with twinkling eyes.

Chen Jianghai smiled slightly, Henry Ford finally got to the point.

"It's very simple. Qiuhai Group will fully accept Ford, acquire Ford, and accept all your debts. You will get the position of president of Ford and also get [-]% of Ford's shares. "

"However, this company will become a subsidiary of Qiuhai Group in the future."

Chen Jianghai put forward his conditions without hesitation.

At this moment, Wendy Fang Aiguo and others were sitting aside, looking at Chen Jianghai in great surprise. Their eyes were strange, wondering how bold Chen Jianghai was to dare to take over the Ford Company.

"Accept our debt?"

Henry Ford's eyes twinkled.

The problem they are facing now is that they cannot pay the debt at all. If someone comes to take over the debt, then they can survive the desperate situation.

"You can think about it carefully. Of course, you can also join forces with NAPC to continue to trap my funds."

"But you have to understand that once faced with liquidation, my money is still my money, but it has been replaced by Lincoln and Land Rover. Even if there is a thorn in the side like Napc, it is not a problem. Pull out this thorn." It's just a matter of time." "But the industry that your Ford family has accumulated for hundreds of years is about to be completely destroyed."

Chen Jianghai stood up and left the private room without hesitation.

Fang Aiguo and Zhou Jun also left.

In the private room, only Henry Ford was left thinking.

……

At the end of July, after Ford's own internal accounting, they had found out the current basic situation of Ford.

As Chen Jianghai said, once Lincoln and Land Rover are divested, they will not be able to pay the huge debts.

During this process, Diana contacted Henry Ford and they made a request to get the Lincoln Company, but they refused to take on Ford's huge debt.

Henry Ford decisively refused this request.

Desperate.

Henry Ford never expected that Chen Jianghai would plan so far into the future. His original showdown was simply because he didn't care about Henry Ford's resistance.

Because now they have no choice.

At the end of July, Henry Ford chose to accept Chen Jianghai's conditions, and the two parties formally signed an acquisition agreement.

This agreement indicates that Qiuhai Group will fully take over the acquisition of Ford and at the same time assume all debts of Ford.

As soon as the news came out, it immediately shocked the world.

Ford, a century-old giant in the automotive field, was actually acquired by a Chinese home appliance company?

When this news came out, rice stocks once again set off a storm.

No one believed that a home appliance company could lead Ford out of its predicament.

Wall Street's financial capital began to enter the factory. They followed Butters's footsteps and planned to completely short Ford.

Originally, Ford had already gone bankrupt once, and they didn't mind doing it again.

But they didn't expect that Butters had quietly taken a stand.

He made a lot of money, and made a very huge sum of money from Bayley Bank.

From the beginning, Chen Jianghai had been involved in the planning of Bailey Bank.

Both Huo Jiaxiang and Butters are part of Chen Jianghai's plan.

However, Chen Jianghai did not expect that neither of these two parties could leverage the funds of Bayley Bank. Instead, it was the entry of Napc Company that ultimately caused a chain reaction.

Bailey Bank can't hold it anymore.

Because of the entry of Wall Street capital, Ford's stock price continues to be depressed.

On the verge of a second bankruptcy, Chen Jianghai let BYD hold 60.00% of Ford's shares.

And in mid-August, it was announced that Ford will receive BYAT’s second-generation battery technology support and comprehensively promote the construction of new energy electric vehicles in the United States.

In this regard, European companies Porsche and Volvo also expressed support and signed strategic partnership agreements with BYD.

(End of this chapter)