We are all reborn, who wants to be the richest man?

Volvo bowed its head and the selling price was still US$43 billion, but the valuation of Audi was set at US$348 billion.

The market value has increased by nearly 10 billion US dollars compared to the initial offer? Volvo said I can accept it.

In fact, Volvo did take advantage. Just a few days ago, Audi released its group financial report for 1990. This report caused Audi's valuation to soar, and the outside world was strongly optimistic about Audi's stock price after its listing.

In 1990, Audi Group's global sales reached US$617 billion, net income was US$28.99 billion, and after-tax profit was 4.7%.

Among them, sales in the East Asian market increased significantly, with annual sales reaching US$137 billion, with a clear growth momentum.

However, the most profitable business segments are still the major parts companies under the group, among which Continental has performed the most outstandingly.

The second quarter financial report just released showed that sales increased by 12.7% from the previous quarter and 29.6% from the previous year. This is mainly because Volvo has already started placing orders with Continental.

Also because of this second-quarter financial report, Continental's stock price has been rising for several consecutive days, and its market value has exceeded US$62 billion.

Outside analysts believe that once Audi Group completes the acquisition of Volvo, its business is bound to grow significantly.

The recent media reports of Audi's flirting with Nissan are also good news. If Audi dominates Nissan again, it can be said to be a win-win situation for both parties, at least that's what the media and shareholders think.

It was in this atmosphere that Audi Group and Volvo each took a step back, and finally Audi completed the acquisition of Volvo at a market value valued at US$348 billion.

Finally, the two parties agreed on an acquisition method of US$20 billion in cash plus US$23 billion in stock. Volvo Group became the second largest shareholder of Audi Group, holding more than 6.6%.

On the third day after Audi Group acquired Volvo, Nissan's negotiation team, led by Shiro Mutsukawa, arrived at the Audi Building in Hong Kong Island.

Both sides are very clear that, given the current situation, cooperation between the two sides is the most ideal.

Nissan can expand its market with the help of the Audi Group's platform and its influence in Asia, and it can also reduce a strong competitor, allowing Nissan to return to the position of one of the two giants in the island nation and avoid being dominated by Toyota.

Especially in the past two years, Toyota, Honda and other automakers have seen the market for Rabbit and accelerated their layout. Although Nissan is still the brand with the largest sales of Rabbit vehicles, its share is declining rapidly.

Not only is the market share of other automobiles rising, but the Audi Group is also eyeing the market covetously.

Now that it has taken over Volvo, Audi will certainly use its own influence to expand into Asia, and Nissan's sales will surely be further suppressed.

As for Audi, although Nissan's sales have declined sharply recently, its status as a top global automaker is undeniable.

Piech's idea is very simple. If Audi takes over Nissan, it will focus on C-class and D-class cars, Volvo will focus on B-class cars and secondary on C-class cars, and Nissan will focus on A-class cars and supplement them with B-class cars.

Compared with other car brands, these three brands are undoubtedly the most well-known and are easier to promote and be recognized by consumers.

So Piech really wants to take over Nissan, but he is by no means irreplaceable.

Piech would not agree if control still remained in the hands of the island country.

"I think there is no problem with our previous cooperation mode. Audi Group has become Nissan's major shareholder and is in charge of operations, while the current Nissan board of directors remains unchanged."

Piech chuckled at Shiro Munakawa's words with sarcasm.

"And then kick us out when Nissan is doing well?

Don’t forget that Far East Motor’s investment in Nissan was different from its current investment in Audi.

You were the stronger party at the beginning, but now the situation has obviously changed.

Moreover, your previous actions make it impossible for us to trust you anymore. I don't need to say who is the biggest contributor to Nissan's current status. We don't want to be the one being fooled again.

Therefore, if the two car companies cooperate, Audi must gain control of Nissan."

Piech really doesn't give anyone any face at all. He just exposes other people's scars and is just short of saying that the other party is ungrateful.

The island country's delegation was a little embarrassed by Piech's words. It was just a strategic mistake on our part and we misjudged the situation. Do you have to point it out to us in person?

We are all thousand-year-old foxes and no one should complain about anyone else. If you were in other people's positions, you might have been more absolute and not left any shares for the other party.

The only good person here is Shiro Mutsuchikawa, because he was the only one who voted against it, but the other members of the board of directors were blinded by interests.

Piech is now the dominant party, and although it may sound unpleasant, the negotiations must continue.

"How about both sides make a concession? Nissan will issue an additional 20% of its shares to Audi Group, and the board of directors can give you eight seats."

“Chairman…”

As soon as Shiro Munakawa mentioned the eight board seats, some people from Nissan were dissatisfied, but they were interrupted by Shiro Munakawa.

There are eight board seats. Nissan itself has 17 board seats, and Audi accounts for half of them.

In other words, Audi can control all the power of Nissan by winning over just one director.

But Piech still shook his head in dissatisfaction and said in a low voice, "I said that the only way for us to cooperate is for Audi to acquire Nissan.

Of course, we are also willing to make concessions and will pay no less than 20% of the equity."

It is true that the board of directors can control the selection of managers, but the board of directors can also be replaced. What Piech wants is real control.

"You are robbing me by force." Some people couldn't stand it anymore.

"Nissan? Do you really still think this is an excellent company?

Nissan's second quarter financial report has not yet been released. How long has it been delayed? No one is stupid.

Nissan’s market value is now almost falling below 280 billion US dollars, and the speed of the decline is unbelievable.

Once your second quarter financial report is released, your market value should continue to fall, right?

I wonder what will happen to those projects that were invested in a few years ago. Will Nissan still be able to survive or will it collapse? "

Piech is aggressive and very strong.

Why can't Nissan develop on its own? It's because many of its investments during the bubble are in danger.

In the property and stock markets, you either cut your losses or hold on, but either way is torture for Nissan.

The property market is still declining, and it’s hard to say when it will hit bottom, let alone a rebound.

Don’t let the companies you invest in the stock market go bankrupt. If one or two of them go bankrupt, it will be a fatal blow.

Today's Nissan is like cutting flesh with a blunt knife. It may not cause bleeding right away, but it will hurt.

Historically, it survived this period with the help of Fuji Bank, but was sold to Renault after 97.

Of course, according to the islanders, this is an alliance for better development.

But this time it is different. Nissan is doing much better than in its historical development, with corresponding investments greater and now even heavier debts.

The situation was pressing and there was nothing that could be done no matter how unpleasant Piech's words might be.

There are many car companies interested in Nissan, and Ford, Piech's old rival, is one of them.

However, Ford also seeks to take control, and the price is pushed very low. They feel that Nissan's current market value is too high and not worth such a high price.

One advantage Ford has over Audi may be its channels in the North American market, and the fact that it has the backing of the United States.

But Audi was about to go public, and in order to develop better, Piech and Luo Nianzhong discussed bringing in Wall Street and European capital.

After Audi goes public, it will be split into A and B shares. The Luo family will have a firm grip on the right to speak, but the profits will have to be shared.

In addition to the 20% of shares in circulation, at least 30% of shares will be issued through private placement to Wall Street and European capital in the coming year.

If the acquisition of Nissan is successful, the Luo family's shares in Audi will not exceed 4%.

The industrial chain involved in automobiles, airplanes, and ships is too large. The island country’s car companies can be sanctioned, and Audi will be the same in the future.

This is the protection fee that Luo Nianzhong paid. It’s not that you have to pay it, but it will be more effective for development.

Nissan is also aware of this situation, so being acquired by Audi is definitely better than being acquired by Ford.

However, no one would reveal their cards until the very end, so the first day of contact between the two parties would definitely end in nothing.

Just when Luo Nianzhong was stirring up trouble at Polar Bear, Audi and Nissan held a total of 11 rounds of negotiations.

Why are they in such a hurry? It’s because Nissan’s market value has increased.

An increase in a company’s market value is a good thing, but it’s not always a good thing, like Nissan today.

From the first day of contact between the two parties, Asian media cooperated with Audi to spread the news of the acquisition negotiations.

This news is definitely good news for Nissan now, but if the talks fail, it will be a different story. The subsequent sell-off will only lead to a bigger drop, and no one is sure what will happen to Nissan by then.

If Audi is determined to break off relations completely and sell off its 10% stake at a low price, Nissan may not be able to raise such a large amount of funds to stabilize its stock price.

Finally, bankruptcy protection is not impossible, so a rise in stock prices may not necessarily be a good thing.

Shiro Mutsuchikawa was also aware of the current situation and finally nodded after discussing it with all the shareholders.

Early in the morning of September 9, a piece of bombshell news that shocked the automotive industry woke up countless people.

Audi Group acquired Nissan for US$24.8 billion in cash and 20% of Audi shares. Audi became the largest shareholder, holding more than 40.8% of the shares, reaching %.

Apart from major institutions and circulating shares on the market, only about 20% of Nissan's shares are held by Nissan's original shareholders, and no one can pose a threat to the Audi Group anymore.

Influenced by this news, all listed companies of Audi Group surged after their respective stock markets opened.

It was also on this day that the Audi Group officially announced the issue price of its shares.

HK$561.6 per share, total share capital of 5.5 million shares, market value of HK$3088.8 billion, less than US$ billion.

Four months later, on January 1, Audi Group will be officially listed. Hong Kong media and investors are celebrating as another super giant lands on the Hong Kong stock market.