"Even if Daewoo Group is still in the hands of the government, can Mr. President be sure that it will be able to reverse the current decline of Daewoo Group? Or, can it repay the remaining US$63 billion in bank loans before they expire? Even if
Yes, then the International Monetary Fund's loan of US$60 billion. I think it should be more urgent than the debt owed by Daewoo Group, right?"
****'s words undoubtedly hit a sore spot in Roh Moo-hyun's heart.
The US$120 billion mess left by Daewoo Group is like the Sword of Damocles hanging over the South Korean government! The principal and interest amounting to billions of dollars every year makes them suffocated.
What the Korean government hopes most now is to get out of the quagmire of Daewoo Group as soon as possible! But they don’t want to sell Daewoo Group at a low price. After all, it was once the second largest enterprise group in South Korea. Even if it has declined, its essence is still there.
"$40 billion is definitely not enough, otherwise I would not be able to explain it to the cabinet and parliament!" Roh Moo-hyun shook his head.
Hearing this, **** felt relieved. He knew that Roh Moo-hyun's attitude had finally softened!
"$41 billion, no more!"
“60 billion U.S. dollars! We won’t sell it for less than this amount!”…
Next, the two started bickering and bargaining like ordinary vendors in a vegetable market. In the end, US$100 million became the focus of the dispute.
It wasn't until half an hour later that the two people, who were thirsty for debate, finally reached an agreement.
"For US$51.8 billion, Hantong Investment Company acquired Daewoo Group. After the contract was signed, US$30 billion was paid in cash immediately, and the remaining US$21.8 billion was to be paid off within ten years. For each year of delay, the interest increased by 2%! Daewoo Group
No layoffs can be made within 3 years after being acquired!”
Listening to the oral agreement reached between **** and Roh Moo-hyun, Feng Jianhui said with joy: "Chairman, so our acquisition of Daewoo Group has been successful!"
"It should be considered a success, but we can't relax until the contract is officially signed!" While happy, **** also maintained some vigilance.
With such a huge transaction and such a sensitive Daewoo Group, we can't guess what will happen in the end. We can only make full preparations to deal with various unexpected situations.
"Yes, Chairman!" Feng Jianhui nodded quickly, but the joy on his face was still uncontrollable.
No wonder he is so happy. If Daewoo Group can be annexed, a multinational super enterprise with a market value of nearly US$30 billion will emerge under Hanhua Group.
More importantly, although the 12 large companies still controlled by Daewoo Group are dying from the economic crisis, they all have a good foundation. As long as some funds are invested to get them running, these companies will be able to continue to grow.
Create profits for Hanhua Group.
Of course, the amount of money invested will not be less!
However, Feng Jianhui, who understands the layout of the ****, has full confidence in his boss.
…
Walkerhill is located in Acha Mountain, covering an area of 139 acres, in the northeast of Seoul, South Korea. It is far away from the hustle and bustle of the downtown area. You can enjoy the fresh air unique to the suburbs.
Walkerhill has always been called the cradle of South Korea's tourism industry. It is located on the bank of the Han River with the most beautiful scenery in the northeast of Seoul. It is surrounded by pollution-free and fresh nature. It is the first hotel in Asia that integrates food, leisure, entertainment and shopping.
A six-star hotel.
The guests who come to Walkerhill are basically Japanese, accounting for about 65% of the hotel guests.
Kenji Yasuda is one of the 65% of Japanese guests, and he is also the most distinguished one among them. As a direct descendant of the Yasuda family, although he did not have the chance to succeed the family patriarch, his outstanding abilities made him the largest in Japan.
President of the Kubota Group, an agricultural machinery manufacturer.
The reason why he came to South Korea this time was to enable Kubota to acquire Daewoo Heavy Industries, a subsidiary of the Daewoo Group.
Daewoo Heavy Industries' products have always represented the development level of South Korea's machinery industry, especially in the fields of diesel engines, excavators, industrial vehicles, automatic machine tools, industrial robots and other fields that have created recognized achievements.
Daewoo diesel engines are widely used in national defense, aviation, vehicles, ships, engineering machinery, and generator sets. They are recognized around the world for their small size, light weight, strong resistance to sudden loads, low noise, economy and reliability.
By winning over Daewoo Heavy Industries, the Kubota Group will be able to become a comprehensive heavy industry group spanning agricultural machinery, heavy construction machinery and industrial machinery.
At that time, the status of Kenji Yasuda, as the president, will naturally increase with the healthy expansion of the company.
Maybe you can also enter the eyes of the family council of elders and get a glimpse of the throne of the Yasuda family patriarch!
Of course, this chance is very small! But this does not prevent Yasuda Kenji from working hard towards his plan.
However, the coming to power of South Korean President Roh Moo-hyun gave the originally confident Yasuda Kenji a blow.
All Japanese political and economic leaders know that Roh Moo-hyun is full of disgust towards Japan. With him in power, even if the Fuji Foundation has a deep foundation in South Korean political and economic circles, it will be very difficult to win over Daewoo Heavy Industries on the original basis.
times.
Moreover, what made Yasuda Kenji even more annoyed was that just when he was trying to figure out how to deal with Roh Moo-hyun, the news that the Daewoo Group was about to have a famous woman came to his ears.
"Dong dong...!"
"Come in!"
"Squeak...!"
Accompanied by a slight and slightly hoarse friction sound, a short young man wearing a black suit with a particularly respectful expression opened the door and walked in.
"President, Mr. Durant from General Motors Group has arrived!"
"arrive?"
Kenji Yasuda was shocked and stood up quickly, "Let Mr. Durant wait in the living room for a moment. I will clean up and go over to see him immediately!"
"Hai!"
After bending almost ninety degrees and bowing, the young man respectfully stepped out.
Kenji Yasuda quickly packed up the documents on his desk, took a few of them, and then straightened his appearance in the mirror. After seeing that there were no omissions, he straightened up and strode out of the door.
When he came to the living room, he saw a middle-aged white man sitting on the sofa with a calm expression and thoughtful eyes.
"Mr. Durant, welcome!" Kenji Yasuda stretched out his right hand towards the other party with a smile on his face.
"Mr. Yasuda!"
"Please sit down!"
"please!"
"I wonder why Mr. Yasuda personally called me to invite me here this time?" As soon as he sat down, El Durant asked directly.
The Durant family, which runs General Motors, has had little financial dealings with the Yasuda family, one of Japan's six largest chaebols, let alone friendship. They even have a competitive relationship because of Nissan Motor Co., Ltd., a subsidiary of the Fuji Consortium.
This unexpected invitation from the other party really surprised him.
The reason why Durant was invited here this time was to test Yasuda Kenji's tone and see if they were also interested in Daewoo Motors.
If this is true, then if General Motors wants to annex Daewoo, it will have to add another strong opponent!
From El Durant's words, Yasuda Kenji also noticed a hint of wariness in the other person's words. However, he had no interest in Daewoo Motors.
"This is the information I just got. Mr. Durant might as well take a look at it first!"
In order to avoid unnecessary misunderstandings between the two of them, Kenji Yasuda also made it straightforward for once!
Curiously, he took the information in his hand and put it in front of him and took a look at it. Durant's originally calm face immediately turned into shock.
After a long time, he took a deep breath, put down the document, and said solemnly: "Mr. Yasuda, are all the things above true?"
"It makes no sense. Why would the Rockefeller family target the Daewoo Group?" Durant frowned, with a look of confusion on his face.
No matter which industry the Rockefeller family wants to enter, the current Daewoo Group is not the best choice. Moreover, he has not heard any news from within the family.
"According to our investigation, the person targeting Daewoo Group this time is not the Rockefeller family, but this person!"
"Don Liu!" El Durant said in surprise as he looked at the photo that appeared in Yasuda Kenji's hand.
As ****'s economic influence continues to grow, he has long been no longer an unknown person among the world's richest people. Moreover, whether it can acquire Daewoo Motors this time will determine whether General Motors can defeat the Ford Group and become the global leader.
It is the largest automobile group in terms of sales, so Durant has conducted detailed investigations on any forces coveting Daewoo Motors and the Daewoo Group.
Hanhua Group, a subsidiary of ****, is one of them.
"Yes, it's this ****. According to the information we got, he is the one who really wants to acquire the Daewoo Group, and the Rockefeller family only has one president of ******'s Korean branch involved. This
Obviously it's more about coping, otherwise how could the Rockefeller family not send important people to the scene when faced with a huge transaction of more than 30 billion US dollars?" Yasuda Kenji said with a smile.
In fact, he was not sure whether the Rockefeller family was really involved in this acquisition. But through observations over the past few days, most of the people who actively participated in the Daewoo Group's acquisition were people from the Hanhua Group.
Except for a few elites under the Rockefeller family, they didn't do much at all.
This can't help but make Yasuda Kenji have more guesses and make him have bolder ideas.
………………………………………………………………………………………………………………………………
…………………………(To be continued.)
ps: Thanks to book friends ‘17953018’ (two pieces) ‘8322669’ (two pieces) ‘Lone Wolf Wangtian’ for their monthly ticket support, and book friends ‘Baby Panda’ and ‘Lujun1968’ for their reward support. Thank you very much!