Chapter 1908: Pros and cons

Feng Yuchong pointed to Ke Cilei, and Ke Cilei said: "Longdu, we will not read these documents. We already have the target of acquisition. If we promise, we will talk about it. The fastest update"
The implication is that if you don't agree, you don't have to talk about it.
Langdu felt extraordinarily wronged, but at this time the situation was stronger than the people, he could only silently nod: "Please say."

You have seven technology R&D centers around the world, and we are interested in R&D centers in the countries of the United States, China, China, Germany, Spain and Singapore.

Langdu forcefully fists, our seven technology research and development centers, in addition to our French, co-work all you want!
Their consumer electronics company, R&D center is extremely important, and the funds invested in technology research and development account for more than 15% of the total annual revenue, and sometimes higher.
Only by staying ahead in technology can they maintain their status. Feng Yu and Ke Cilei are really too embarrassing!
"Also, you have nearly forty industrial parks around the world, and we are not interested in the countries of the United States, Britain, and France. Others can talk about it."
The countries of the United States, the United Kingdom and France are the most disadvantaged in their Thomson Industrial Park. These Philips and Taihua Holdings do not want to buy their industrial parks with little or no losses. What do we do in the park?
Langdu felt that his anger was soaring. Did the two people really think that we have no one for Tomsun? We can't cooperate with the companies on the island side, but Xizizi and Motorola Lola are also interested in us!
"You have a lot of valuable brands, but we have no plans to buy them. These are the roots of your Tomsun, we will keep them for you."
"The related business of broadcasting, film and television equipment has a great connection with Feng's industry. This is of great interest to him. There is also your movie and TV post-production, CD production and sales, etc. It would be better if it could be sold together. ""
"Your patents in many fields such as electronics, electrical appliances, communications, networking, optics, intellectual control, etc. are also good, all sold to us, you certainly will not agree, but the authorization to us part, should be no problem?"
Since the breakup of the cooperation between the two parties, Thomson’s patents are no longer authorized by Taihua Holdings and Philips Group. Of course, Thomson cannot obtain patent licenses from the two companies.
"You have sales branches in many countries and regions around the world. This time we have a loss. You have the biggest loss in North America. Feng is interested in buying it. You are also very disadvantageous in Europe. We are profitable. Pu is very interested and can accept some bad debts."
"Right, your joint venture company shares in China, if you can sell it, it is better, Feng can introduce Huaxia buyers to you, so that you can get more money and save the company's predicament."
"Well, I think so much, Feng, what else do you need to add?" Kecilei asked easily.
Feng Yu shook his head: "You said it is very good. In terms of price, we will talk slowly later."
Longdu’s teeth are crunching. The two men are in front of him, and they are sharing the assets of Tomson. They don’t ask his opinions.
"Feng, Keci Lei, I think you are wrong? We are negotiating with some creditors and letting them carry out debt-for-equity swaps, which will offset nearly half of our debt. We only need to carry billions of euros in debt. That's it. Do you think that these billions of euros will drag us down?"
The eyes behind Kecilei's glasses flashed through the light: "The world's fourth-ranked consumer electronics manufacturer, even if it is going to file for bankruptcy protection because of billions of euros of debt, it is really anecdote."
"I remember that when your stock price was the highest, it exceeded one hundred euros, but now, your stock price is a little more than one euro, or because it has been suspended, it will not continue to fall, otherwise it will definitely fall below one euro, maybe it will be Forced delisting."
"Although it is not all of your assets listed, it also proves that investors are not optimistic about the Thomson Group. You said that there is cash in the account, you can continue to operate, but the business must be profitable. OK, continuing to operate is just more losses. Am I wrong?"
"You have been hit hard during this economic crisis. Most of the world's consumer electronics manufacturers have experienced a serious decline in turnover in the second half of last year. This year is the same, and there are still many losses, but the wind electronics company. And our Philips, it happens that a few of them can continue to keep their turnover and profits growing, and you happen to be the biggest loser."
"Think about other bankrupt companies, they are not paying attention when they are in the billions of dollars or billions of euros. Then in the next quarter, the losses will become tens of billions, and then double, less than a year. It is bankrupt."
"For example, the same-purpose car in the country, once one of the top 500 companies in the world, has now planned to file for bankruptcy protection. And Fu Te, one of the three major automobile groups in the country, sold some of its business to Feng. The Huaxia consortium has already passed the storm and is expected to be profitable next year."
"Thomson is France's most famous consumer electronics brand. It seems that there are many state-owned shares. And your French state capital seems to have no money to continue to invest. They think that those who invest in postal and telecommunications think that those are more important. You are looking for Other buyers, who can get so much cash? They are going to negotiate for a long time, and then carry out a detailed assessment. When you really trade, I am afraid it is already the end of the year. At that time, the assets you sold are still Is it enough to fill the funding loop? Is it enough for you to turn over?"
"We are different. We still know better. We can make concessions in some places. We can even carry some debts and complete the acquisition of some of your assets at the fastest speed. If your French political axe approval is fast, Maybe you can't use it for two months, you can get a lot of money."
"Don't forget, you have already violated the debt covenant. This time you can't do it if you want to issue stocks normally. No bonds will be purchased. And the conditions we can give can not be given by other companies. How, you think about it, when do we talk about the price?"
Keci Lei was so eloquent that he completely debunked the situation that the Thomson Group desperately wanted to cover up, and directly placed things on the table to talk.
The pros and cons have been made clear, and the Thomson Group has no choice at this time.
It was because of this time that the former Thomson Group was so devastated that it could never recover its glory. Now Feng Yu gives another choice for Tomson to see if they are willing to accept it.
... (to be continued...)