Geely Buying Volvo, "determined To Win" - Geely, Volvo - Auto Parts Industry

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Only 30 billion market value, 13 billion yuan to buy over the Volvo

, the outsiders question whether Geely "She Tunxiang" capability. Geely spokesman said Geely would be "the introduction of international investment banks" and get "the support of domestic banks," have a sound financing, "money is not a problem."

Speculation in the industry amid the twists and turns Fang Jian, 28, Ford Car Officially announced as the Ford Motor Company Geely Automobile Volvo preferred bidder. 29, Geely spokesman Yuan Xiaolin's connections, he said this is the first time that Ford officially recognized as the preferred bidder Geely, which is lucky since acquiring Volvo laid a solid foundation for negotiations. Geely, the availability of sufficient financial resources for the Volvo swallowed, Yuan Xiaolin expressed complete financing, acquisition of Volvo, "determined to win."

Response to external challenge "She Tunxiang" Financing of perfect "is not bad money"

Yuan Xiaolin said Geely Geely buy long-term development strategy of the Volvo line, in the preparation process, the Geely hired world-class financial, legal and other relevant experts. Sources said the cars were to spend alone 60 million yuan. Data show that Ford spent 6.49 billion U.S. dollars in 1999 Volvo acquired the brand, but has been on the acquisition success Houwoerwo loss. However, as with the 80-year history of the world-renowned brands, even in the continued loss of the case, Volvo's market for the sale price is still an astronomical figure.
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Foreign news reports on this, "Ford to sell Volvo's trading price around 20 to 25 billion kronor. Geely, which will be 15.6 billion kronor (about 1.9715 billion U.S. dollars, 13.4775 billion yuan) acquisition of fertile Calvo's majority stake. "For the news, apart from these the most popular argument is that" She Tunxiang "skeptical that the lucky people who do not have the financial resources to eat this monster, because" the current market value of Geely only 30 billion yuan. "

For this assessment, Yuanxiao Lin only gives a vague answer, he said through preparation, Geely has made a complete acquisition program, "The introduction of an international investment bank," and was "supported by domestic banks," there is improve the financing channels, and its implication for the acquisition of Volvo, "money is not the problem." But outside the famous Volvo Geely acquisition will cost 2 billion U.S. dollars of the claim, Yuan Xiaolin called a "trade secret, they will not easily revealed."

Acquisition Houwoerwo headquarters still in Sweden or in the domestic production XC90

Geely Why buy Volvo? In this long ago, Geely's first high-end cars, "Imperial" in Jinan offline, this car has long been the intention to reverse the public impression of Geely cars cheap, lucky if the acquisition had a similar role in the Volvo? For this problem, Yuan Xiaolin Geely see is Volvo said the 80-year history and world-renowned safety features, world-class R & D and Marketing Channel.

Official statement, Geely said that if the acquisition successfully, Volvo existing facilities, research centers, trade unions agreements and dealer network will be preserved. Volvo will be the future of an independent management team, the headquarters is still set up in Gothenburg, Sweden. It is said that Volvo will set up production bases in Dongguan and Beijing, the first car for the XC90. In this regard, Yuan Xiaolin said the talks were ongoing with the Volvo, the specific situation will depend on the outcome of the negotiations, released at the appropriate time.

Acquisition success has iron nail? Yuan Xiaolin that lucky as the preferred bidder does not necessarily mean that the successful acquisition of all depends on the negotiation process, while the preferred bidder to become the greatest significance should is the "lucky acquisition of Volvo's talks laid a firm basis, an increase of the potential acquisition. "

by: gaga

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