Posted by
jiaying on Tuesday, November 17, 2009 10:36:47 PM
If no changes in
Air jordan 20 his itinerary, and Mr. Li
should now be sitting in Rothschild (Rothschild) bank's London headquarters conference room, to listen to financial advisers
on the acquisition of the latest developments.November 16, diverted Beijing, Mr. Li, embarked on a flight to fly to London's
Heathrow Airport in London to stay paused, his next stop was Gothenburg - Volvo Cars headquarters. This is the October 28
Ford declared that "lucky to become Volvo's preferred bidder", the first time Mr. Li arrived in Sweden.Geely, the transaction
will be forthcoming to raise about 20 billion dollars. In accordance with prior to foreign reports, including cash, bank
loans and financing from investors in the hands of a small part of the funds. These investors, including a government fund
set up in Tianjin, as well as a relatively more well-known foreign investors.If the information is accurate, this is likely
to be government funds, the Bohai fund. Foreign investors may be more than a month before the announcement of Goldman Sachs
shares unlucky, or
Ugg Infantthe headquarters of the Rothschild
bank in France. JP Morgan and Citigroup is now trading Ford, Volvo side financial advisor, ranking amongst the top global
debt underwriters Merrill Lynch and Barclays, has not been involved in the transaction of any information.Geely ahead of
schedule in accordance with the plans, completion of the acquisition, Volvo, and Geely will be totally independent business.
As the two sides to sign a confidentiality agreement, Geely did not disclose details of the above message.Geely face three
major examOur reporter was informed that Geely team involved in the acquisition of more than 200 people, located in Beijing,
London, and the United States and Sweden. Currently Geely and Ford have entered the details of the negotiations. The two
sides focused on three areas of work, which is also auspicious exam: engineer streamlining intellectual property rights; Ford
and Volvo share
Air jordan 21 suppliers clarify and
segmentation; Volvo employee pension concrete, or the United States in accordance with European standards the standard
payment.November 17, Ford announced that both sides of the latest results of the negotiations of intellectual property -
Ford's Volvo brand will retain the right to ownership of the technology, while Geely to obtain the right to use this right.
Such a result, the outside world differently. Some people think that is a "pragmatic", it was also pessimistic, saying that
"Geely is not wholly-owned Volvo."How to straighten out the intellectual property rights, the negotiations until the key to
offense and defense, as the main production Volvo models, Volvo has been out of the original product platform, while the full
access to the scope of Ford's global platform. For example, this China-made Volvo S80L used Ford EUCD platform; Volvo C30 and
S40 were used Ford C1 platform, and with Fox and the Mazda 3 share a large number of mechanical components and power
configurations.Geely Once the acquisition of Volvo's successful, how to digest and give play to the sustainability
Nightfall Ugg Boots of Volvo's core technology has been the
focus of attention of the outside world. Public opinion generally pessimistic about the ability of Geely.Geely and Ford have
so far failed to reach such an arrangement to stand. A source close to Geely source, "This result was unlucky to be
acceptable, has been largely in the 2 billion U.S. dollars within the program is expected to offer."And streamline the
relationship between intellectual property rights, compared to re-comb Volvo supplier system is relatively simpler. Because a
large number of components and power systems Volvo and Ford common platform, some attached to Ford's suppliers, in accordance
with the parties requested that the business to re-split.Pensions concrete, is another headache link. According to the
Swedish government regulations, enterprises pay 10.21% per month for employees to pay the basic old-age pensions. Enterprise
annuity from the Federation of Trade Unions Federation of collective bargaining with the employer decided that the wages of
workers by employers each year will equal about 3.5% of the pension deposited into a special insurance institutions FORA.
Accumulated annual
Air jordan 22 retirement usually reach
hundreds of thousands of Swedish kronor, accounting for retired workers of actual 10% -15% or so.Relative to the Swedish
standard, American standard seems to be more favorable Gillie. Experienced a general bankruptcy, the U.S. Big Three auto
company's pension, are from the original all-inclusive health insurance benefits to the fixed costs (such as 1900 U.S.
dollars per month) into. America's current pension standards, employees and the Company to pay 3%.3 Gu DetroitThis reporter
recently learned from the relevant channels bid for Volvo's detailed history of Geely.Mr. Li's action, the earliest dating
back two years ago. In September 2007, Ford's U.S. headquarters received a registered letter. Issued in English from Hangzhou
to this letter a formal statement of acquisition of Volvo auspicious thoughts.According to this reporter learned that Ford
did not respond after receiving the letter. Reason is that Ford did not understand was unlucky, but also fear that the public
would adversely affect
Nightfall Ugg the normal production and
staff Volvo emotions.Geely was looking for in the United States had one called the Pacific (601,099, stock bar) Automotive
public relations consulting firm, is responsible for the daily contact with Ford. January 2008 Geely participated in that
year's Detroit auto show, and Mr. Li to fly to Detroit, in the public relations contact, the first time saw the Ford's chief
financial officer, the Board's Office, Dean of Graduate and procurement director.The conversation was not successful. Ford
continued to have emphasized that "Volvo's annual sales of 150 million," and hinted that Geely had no money. An informed
source said, and Mr. Li indicated that they could raise money, but the other side is just a courtesy, said, "go back and look
at."For Mr. Li, Volvo will definitely be sold. After this conversation, he began to contact Rothschild (Rothschild). This
European investment bank in recent years due to "currency war" a famous book.Manganese Bronze before the acquisition of the
company, Mr. Li began to make the European investment banking sector. Ran has been looked at in London is filled with their
own name, black
Air jordan 23 cab, and Mr. Li found a Volvo
acquired the confidence and emboldened.The Rothschild some effort, Ford, Volvo agreed to offer Geely right. Perhaps at this
moment in Ford management, heart, Geely is still not the ideal object to sell Volvo agreed to offer might just want to scare
off unlucky. Until October 28 announced the unlucky side before the preferred bidder to become Volvo, Ford, who was still
several times on different occasions expressed concern about the viability of Geely.
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