v2 Chapter 610: Attention of the Rohir family (1/2)

During the period when the acquisition was stagnant, Elena led the acquisition team and worked with Lloyds Bank and public accounting firms to get the Rolls-Royce Motor Company in full swing. Therefore, during the formal negotiations, the progress was very rapid.

Sufficient preparations in the early stage, coupled with the high-level green light all the way, so the acquisition ended in a flash in just ten days.

On May 31st, the agreement was officially signed. The Bright Fund and a Norfolk investment company of the Howard family will acquire Rolls-Royce Motor Cars at a price of 120 million pounds in cash.

The acquired assets include the production line of Rolls-Royce Motor Cars, the existing stock vehicles of the Rolls-Royce and Bentley brands, the sales network, the after-sales service system and the permanent right to use the Rolls-Royce brand. The Sri Lanka Group is obliged to assist the Bright Fund to smoothly take over the Rolls-Royce Motor Company.

The most valuable of these is the right to use the Rolls-Royce brand and the production line containing the engine.

The automobile engine production line uses part of the technology of Rolls-Royce Aero Engine Company. During the acquisition process, some people also raised doubts and worried about the leakage of technology. However, at a critical moment, Duke Howard stepped up to guarantee and the technology of automobile engines was also It is not the top technology of aeroengines, and it was passed after the last debate.

Of course, the British government is not without back-ups. Considering that the Bright Fund has foreign capital, it is worried that the Labor Party will use this as an excuse to criticize the Conservative Party. When the contract is signed, a separate precondition is listed, that is, Rolls Royce. Car companies are prohibited from moving out of the UK.

Elena reacted with Xia Yu to this precondition, and Xia Yu agreed without hesitation.

If you don’t move, you don’t move. As long as you absorb the technology, there will be more ways to establish a car company directly on the mainland.

Even if the production line is moved to the mainland, there are no skilled workers in a short period of time, which is simply not feasible.

Moreover, at the prices of Rolls-Royce and Bentley, the main markets are now in Europe and the United States. The mainland economy has not yet risen, and it is not very popular in the mainland.

In this acquisition, the Bright Fund accounted for 80% of the shares and the Howard family 20%, so the Bright Fund invested 96 million pounds and the Howard family invested 24 million pounds.

After that, the two parties injected a total of 50 million pounds in accordance with the equity ratio for the reform of Rolls-Royce Motor Cars.

As soon as the news came out, it immediately caused a sensation, because Rolls-Royce Motor Company was originally a private company, and the sale of Rolls-Royce Group did not arouse much public outrage at this time. In addition, it injected five thousand capital after acquisition. Ten thousand pounds are used for reforms. Such a positive attitude will make Rolls-Royce Motor Company employees not resist.

Among them, News Corp’s ”Sun” also revealed that the person in charge of the Bright Fund’s acquisition of Rolls-Royce Motor Cars turned out to be the daughter of Duke Howard, a young girl who just graduated from college. This news Instead, it attracted the attention of a large number of readers.

Many people have subconsciously ignored the background of the Bright Fund, and originally worried that the possible storm did not appear.

As for the newspapers of Xia Yu's Jiuding Newspaper Company, they only reported that Guangming Fund acquired Rolls-Royce Motor Cars, but did not claim that Guangming Fund was Xia Yu's business.

Once the acquisition was over, Xia Yu asked George Berkeley to come forward, together with the head of the Howard family’s Norfolk Investment Company, and Elena and others, to take over Rolls Royce Motor Company.

In addition, he took out the development plan of the automobile company that he had already made, and handed it over to Rudolph Brook, the general manager of Rolls-Royce Motor Cars, and ordered him to start reforms in accordance with the development plan. It will see results within half a year, otherwise it will be readjusted. Post, this caused Rudolph Brooke's pressure to surge, and he devoted himself to reforms.

The Rolls-Royce Motor Company was acquired, and the impact is far-reaching. What's more, in this acquisition, Duke Carter Howard, the top tycoon, is also involved. It doesn’t work if you don’t want to attract attention. All major families in the UK are concerned. This matter, trying to analyze the true intentions of Duke Carter Howard.

This concern, Guangming Fund and Xia Yu behind it, naturally came into the eyes of some people.