Chapter 1720 (1/2)

At a good time with Chen Wanyue, Li Mugang hung up her phone and her mobile phone rang again soon.

This time, it's Elon Musk.

Li Mu hurried to the phone and asked him at the first time, ”Elon, have you met the people of Ford?”

”Yes.” ”I talked to them late today, and it's already late in the night in Michigan,” Elon Musk said

”What's the situation?” Li Mu asked

”Ford still has sincerity and knows your style, so they can accept installment payment. As for their offer, the three brands add up to a total of 7 billion dollars,” Elon Musk said

”Seven billion dollars?”

Li Mu didn't know how much Tata bought Jaguar Land Rover or how much Geely bought Volvo, so he asked him, ”what does your team think of this offer?”

”Empty height.” ”At present, Jaguar Land Rover has consolidated financial statements and is in a state of loss at this stage, so we think its actual price should be around 3.3 billion US dollars, as for Volvo, no more than 3 billion US dollars at most,” said Elon Musk

Li Mu thought for a moment and said: ”so, you think the reasonable price should be around 6.3 billion dollars.”

”Yes.” ”This is the highest price we think, and given the downturn in the economy, we believe there is still a lot of room for further exploration,” Elon Musk said

Li Mu smacked his lips and said that although he didn't remember how much Jili spent, it was impossible for him to reach as much as 3 billion dollars, or at most 2 billion dollars.

So Ford's offer is at least a billion dollars higher than the deal it sold to Gilead.

It's fucking dark!

However, Li Mu turned to think that the acquisition of Volvo by Jili was after the financial crisis in 2008. The financial crisis in 2008 was one of the obstacles, and the real manufacturing enterprises all over the world were greatly impacted.

It is acceptable that the price is higher than that after the financial crisis.

However, this also brought a wake-up to Li Mu. 2008 is a good opportunity to copy the bottom of the world economy. If we can make a good industrial layout of pastoral science and technology in 2004-08, and gather a large amount of cash in hand, it will almost double in 2008.

Li Mu asked Elon Musk, ”how much do you think we can take all three brands if we want to fight quickly?”

”This...” ”I think if we want to finalize the acquisition within a few months, the actual investment should not be less than 4.8 billion dollars. If we can have more time to fight with them, I think we can probably make a deal of 4.5 billion dollars next year,” Elon Musk thought

Hearing this, Li Mu hurriedly said, ”next year, we can only exchange money for time, not time for money. In this way, we can talk about it according to 4.8 billion dollars, and the ideal transaction price will fluctuate by one billion dollars from 5 billion dollars.”

Elon Musk said, ”this Then I'll touch them again tomorrow. ”

Said Elon Musk: ”President Li, if you can pay off the purchase price within one year, then the transaction price can be further reduced. Ford has a great demand for activation funds at present.”

Li Mu said with a smile, ”you can talk to them first, open up, and pay in installments or within a year. Anyway, Google has started road show, and it will be IPO soon. When Google IPO, our cash will be more relaxed.”

Now, the income scale of Muye technology is very high, but the scale of investment is also very large. If we really take billions out of the company's cash reserve to purchase the automobile industry, we will drain the cash reserve. Moreover, the acquisition of these three brands is only the beginning, and we need to invest a large amount of funds to re integrate. If we complete the acquisition with 5 billion dollars, we need at least 3-5 billion dollars To do the work of re integration.

So for Li Mu, the safest way is to pay by installments. First, get the three brands and start restructuring.

Ford doesn't have to throw billions of dollars into the new business at one go. Just give them a steady cash flow of about three years, which is enough for them. For this reason, they can pay an extra part of their premium as the interest return of installment payment.