Chapter 2203: News
Kazuo Wada sat in the middle of the conference room with a sad face. Eight hundred companions started from a grocery store and were passed down to him as the third generation.
When his grandfather Tian Ban Ichiro founded the Babaiban Company. After several hardships, he persisted. By 1962, he really began to master the Babaiban Company.
Kazuo Wada sat in the middle of the conference room, his face full of reminiscence. He was so young at the time, and nodded at the age of thirty. He was full of energy and confidence.
Within three years, he opened his own branches and established bread, candy and condiments factories to reduce the company's costs. The revenue of Babaiban Company reached 1 billion yen that year.
Then it was to explore overseas markets, from the first branch in Brazil, I still remember how excited I looked at when the overseas branch was successful.
After that, I was out of control. I opened branches in various places around the world, and the eight hundred partners became bigger and bigger, and later became a world-renowned supermarket.
On the day the Oriental Magic City branch opened, a Guinness World Record was also set.
But the more this happens, the bigger your heart will be. The ambition will expand like grass. The pace of company expansion is in your hands, just like your ambition, and it is also expanding like crazy.
Now, hehe, he finally got his own fruit.
Thinking of this, I have to mention the financial crisis in the southeast that occurred last year. If it weren't for the financial crisis, my own expansion pace would not have stopped. If I persisted, what would the final result look like? It's really possible.
Of course, it makes no sense to say these things now. Who makes me just want to expand the company without seeing whether it can match it?
As a result, the company's funds were broken down and affected by the financial crisis, the banks were unable to take care of themselves and had no power to support themselves, which led to the company's bankruptcy.
Debt management often seems to be a long time, and there will be a bright future, which can save countless time, seize the market faster, and develop faster.
However, once there is a little trouble, the fortress built on Shashuo may collapse. This is the debt management. It looks very glorious on the surface, but if you can't hold on, the outcome will be very bleak.
Kazuo Wada looked at his shadow illuminating under the light on the brown glass opposite, and his hair on his temples was already white.
From the time I was in my early thirties when I was in my 800 companions to now, for more than 30 years, more than 30 years of hard work, these thirty years have been my life, the best thirty years in my life.
But the hard work of these thirty years has been wasted, and everything disappeared is like my own life, completely a cycle of reincarnation.
I am now seventy years old and have no time to work hard for another thirty years or more.
Perhaps I should have come to an end with the name of Eight Hundred Companions, the name I have worked hard all my life.
However, before falling on the curtain, we still have to consider the younger generations at home to leave them a chance.
And now this opportunity has emerged.
Kazuo Wada coughed twice, and the conference room suddenly became quiet: "In the afternoon, I received a secret report from our company's Mr. Ono in Oriental Magic City. Some time ago, I wanted to acquire the superior company of Dongfang Huaqing Electric Appliances Company, which is our company's Southeast store, and the holding company Huaqing Holdings Group held a full-level meeting this afternoon."
Kazuo Wada was informing the news, but after all, he was old and his energy and energy have been hit hard recently, so he needed to stop and rest for a while before continuing to say something.
Of course, this time is also a time for the company to digest.
"Some time ago, Oriental Huaqing Electric Appliance Company handed over a acquisition plan. The company's research here already found that it was not appropriate to sell it like this, so it decided to either throw it out and sell it all at once to more than 400 stores around the world.
This is the plan we have for Huaqing Electric Appliances. After the person in charge of Huaqing Electric Appliances got the plan, he returned to the Magic City. It is said that Wang Chao met Jiang Xiaobai as soon as he returned to the Magic City. Then they should have been discussing this matter yesterday afternoon.
According to the information we have been collecting, Jiang Xiaobai's personality is obviously very interested in our Babaiban company, otherwise he would not have held such a big meeting."
After Babaibao went bankrupt last year, they were looking for a suitable candidate to take over. However, Babaibao's size is so big, it really doesn't mean that he dares to take over by himself. Without two tricks, he really dares not take over.
Not to mention the others, such a large size and such a large debt, it is not so easy to find a buyer.
And there is also the Southeastern side that has just experienced a financial crisis, and many companies have not recovered at all. How could they take over such a big thing?
So after searching for a long time, I couldn't find a takeover. Cross-border acquisitions are not only looking for a suitable partner for the acquisition company, but also looking for a suitable partner for the acquisition company.
Of course, this object is not so easy to find, and it is in the context of the financial crisis.
However, many people are very interested in splitting their 8000 company. After all, although 8000 company has gone bankrupt, the lean camel is bigger than a horse. 8000 company has gone bankrupt and still has two taels of meat on it.
Many people are very interested in Babaiban’s high-quality assets. If you want to eat them, you will have a bite of them. Everyone will come together, eat without any difficulty, and are not afraid of indigestion. The remaining ones that are not high-quality assets will be left to Babaiban in their hands. What does it have to do with them?
Strictly speaking, Wang Chao of Huaqing Electrical Appliances is also this kind of person, but he is only looking for something useful to him, and he doesn't care about other assets.
This is the stockholder that is broken. I can only make money if you make money. As for being a shareholder, it is impossible.
But Babaiban is not a fool, how could he sell all the good things? Fruit sellers know that two good peaches paired with one rotten peach, not to mention that Babaiban started by selling fruits in grocery stores.
Kazuo Wada was even more familiar with this, so he refused and released the opportunity to be acquired as a whole.
Chapter completed!