Denied hiring Morgan Stanley to be a merger consultant Tengzhong to prepare 1 billion cash to buy Hummer

-Our correspondent Xu Jie with the bankruptcy of General Motors in the United States, the butterfly effect of the company unexpectedly pushed the Chinese an unknown Sichuan enterprise into the world stage. The takeover of the US carmaker's Hummer brand has made Tengzhong a more famous company in one day.　　And a strange name-Li Ting also became the focus of the media to chase. In the media's unremitting efforts, Li Ting's true face finally surfaced.　　In fact, he also name Solandogis, Sichuan Zigong People, is he will be the Hummer into a "Han Ma." Li Ting to the media to buy Hummer.　　Teng Zhong Heavy industry spokesman Zhao Tongyan to our correspondent, the two sides on the acquisition is under negotiation, there is no specific timetable. The local government has already agreed that according to the information, the Ministry of Commerce promulgated the "Overseas Investment Management measures", has been part of the Overseas Investment approval Authority. Any foreign investment involving USD 100 million or above requires the approval of the Ministry of Commerce, and the provincial Commerce Department can handle the following 100 million dollars.　　This means that if Tengzhong's purchase of Hummer is no more than 100 million dollars, then the provincial business sector can be directly dealt with. Although Tengzhong and GM have said the financial terms of the Hummer deal will not be disclosed. But according to media reports, the GM's sale of Hummer in the amount of 100 million U.S. dollars. Also say, if really not more than 100 million dollars, as long as the Sichuan provincial government agreed.　　This matter is nailed on board. And the shadow of the local government is not without trace in this acquisition.　　According to media reports: In mid-March this year, General Hummer CEO James Taylor made a special trip to Chengdu, and was interviewed by the Chengdu Municipal government leaders, and then the general Hummer and Tengzhong Heavy industry in Deyang on the acquisition of a coordination meeting to further discuss the relevant acquisitions. And a person who knows to this reporter discloses: "This matter is the Chengdu government already agreed." "Morgan Stanley did not participate in the acquisition of rumors about hiring Morgan Stanley to do mergers and acquisitions consultant news, Teng Zhong Heavy industry spokesman Zhao Tongyan reporters:" I am confident that Morgan did not participate in the acquisition. "According to the public information, Tengzhong is funded by Sichuan Huatong Investment Holdings Limited (Huatong)."　　Reporter from Chengdu Chenghua District People's government online found that Huatong investment by the Li Clan Holdings, the main shareholder for Merrill Lynch, UBS, Morgan Stanley and other Wall Street investment bank.　　It may be that Morgan Stanley's relationship with Tengzhong is too intimate to make the media "misunderstand".　　1 billion is not a problem? On whether Tengzhong has enough money to buy the Hummer, Tengzhong spokesman Zhao Tongyan told reporters last night: "Financing arrangements, this part of the money from Tengzhong's internal funds and bank loans." The details are still in the process of negotiation. There is no timetable. "One person close to the deal also told the media:" At present, Tengzhong has entered the final stage with a number of banks on loan matters. ”　　More people familiar with the news said: "Teng Zhong Heavy industry's investor Huatong holding the company must have a certain background, their company outside the special area of the brand, do not let into."　　But Huatong holding particularly low-key, although they are in the Chengdu High-tech zone incubation Park office, but even the High-tech district people do not know them.　　According to Hua Tong holding their own people revealed that, in terms of funds, to Li Ting to take out 1 billion yuan is no problem. Regarding the source of funds, some media said that the Shanxi, the person said: "This is the Chengdu city itself, and other provinces have nothing to do."　　"Is it hype or is it really going to buy?" Tengzhong has enjoyed the wonderful feeling of becoming famous, what is the truth behind the fame?　　Media have questioned, the acquisition is only a hype. But the people briefed on this reporter said: "I think, according to Li Ting personal development trajectory, he is likely to be really the heart of the automotive industry, that the future of China's auto industry promising, will invest in this area." "Teng Zhong Heavy industry spokesman Zhao Tongyan not Montreal said:" That we are purely for speculation, this is not accurate. We've been trying for months, and it's not going to be as casual as buying Hummer. The people familiar with the matter said: "Whether they are hype or real acquisitions, fame is inevitable." ”