Chapter 589

In the acquisition of Volkswagen Group, Xie liaosha specially invited his old rival KKR. What KKR is good at is leveraged buyout, so this time, Xie liaosha hopes that KKR can snipe Volkswagen Group in the open market, so as to create conditions for Peterson's lobbying activities.

Talking about Volkswagen, this world-famous automobile factory was founded in * * Germany. At the beginning, it claimed that it wanted to produce cars that everyone could afford. Hitler even made a plan to save five marks a week, but the money was eventually diverted to the war.

After the war, Britain took over the automobile factory. And restart his beetle production line. With the beetle selling well, Volkswagen Group began to revive. However, as early as the establishment of the plant, Volkswagen's flagship product, the beetle, was designed by Ferdinand Porsche, the founder of Porsche. Therefore, the Porsche family and the Volkswagen Group have a close relationship. They have been holding a large number of VW Group shares, which is the first thing Peterson wants to fight for. According to the public financial data, the shares of Volkswagen held by the Porsche family are about 25%, which is second only to the aggressive of Piech. In order to avoid the division of the company, Ernst had to kill his nephew out of the company mercilessly. Piech, who was expelled from Porsche, once joined Daimler Benz for a short time. Later, Piech joined Audi and became CEO step by step. With the help of the platform of Volkswagen, the successful Piech began to take revenge on the Porsche family bit by bit. With the great increase of Piech's strength, the equity balance between the descendants of the Porsche family was broken.

Angry immediate members of the Porsche family can't tolerate this. They are willing to bring in new investors to compete with Piech, who owns two shares in Volkswagen and Porsche. So when Peterson came, they agreed to Peterson's proposal without hesitation. As long as Peterson can help them get back the controlling interest in Porsche, they are willing to sell all their shares in Volkswagen.

In this way, he can get 12.5% of the shares from the Porsche family, plus 10% of KKR's acquisition from the open market. He will become the second largest shareholder after the Lower Saxony government.

It's a good deal. Xie liaosha is willing to take part in the competition of the Porsche family. Moreover, if he can get the support of the Porsche family, his road into the automotive industry will be much easier.