The first thousand one hundred and seventy-six chapters succeeded in one fell swoop
Chapter 1,176 Success in one fell swoop
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"This is really good news!" He also became excited.
It started in December last year and is now the end of April 2003. After nearly five months of hard work and several twists and turns and compromises, the acquisition of Daewoo Group finally came to fruition today!
"Ring ring...!"
When I heard the ringtone on my phone, I took it out and looked at it, and immediately connected it!
"Mr. Liu, I believe you have got the news now, right?"
"Yes, speaking of this, I would like to thank Mr. President for his help!"
"As long as you understand! However, I'm curious how you convinced Minister Kim? In the previous cabinet meetings, he was the most determined person to oppose your acquisition of Daewoo Group?"
Minister of Economy, Trade and Industry Kim Cheol-hwan is a representative figure in the South Korean cabinet who is friendly to Japan. Because the Fuji Consortium covets the Daewoo Group, Kim Cheol-hwan is also the one among all cabinet members who is most opposed to Hantong Investment's acquisition of the Daewoo Group.
Smiling slightly, "The reason why Minister Kim Cheol-hwan opposed our acquisition of Daewoo was mainly because there were some minor misunderstandings before. Once they are resolved, everything will be fine!"
Of course, Roh Moo-hyun would not believe this. The conflict between Kim Cheol-hwan and Kim Cheol-hwan was a conflict of fundamental interests. If he was allowed to support him with just a few explanations, then Kim Cheol-hwan's position would be too unstable.
It is even more impossible for him to be in the cabinet now and argue with him because of his different political views!
Obviously, something must have happened that he didn't know about, which changed Kim Cheol-hwan's attitude. But he doesn't want to say it, and it's not easy for Roh Moo-hyun to "break the casserole and get to the bottom of it." Moreover, he has already got what he wants.
"It would be best if Mr. Liu can resolve the past feud with Minister Kim! ...By the way, the cabinet has now approved Hantong Investment's application to acquire Daewoo Group. However, many details still need to be discussed, so let your people hurry up and prepare.
Come to the government office to discuss and sign a contract!"
"Mr. President, please rest assured! I will send someone there immediately!"
"Then let's do this for now. I have a meeting later. I'll hang up now!"
"Okay, bye Mr. President!"
"Um!"
Listening to the blind voice on the phone, I smiled faintly.
In order for Daewoo Group to successfully acquire the company, he has spent US$15 million on Kim Cheol-hwan and no less than US$20 million on other South Korean government officials.
But as long as it succeeds in the end, I don't care if the money doubles.
"Jianhui, it's going to be a long night and a lot of dreams. You immediately take our people to sign an acquisition contract with the Korean government! Remember, except for the businesses we agreed to give to Doosan Group and Samsung Group, the rest must be left intact.
The control is in our own hands!" he said immediately after putting away the phone.
"Yes, Chairman, don't worry!"
At this moment, Feng Jianhui was extremely active driven by excitement. Without saying a word, he turned around and left quickly.
“Looks like we’ll have to spend more money later!”
Looking at Feng Jianhui's back, he sighed.
Daewoo Group's core industries have Korea's top players. You can guess the world's advanced industrial technology with your butt. Koreans will definitely make a fuss about it.
Therefore, the successful acquisition of Daewoo Group was only the first step in the Long March. Although the most difficult period has passed, there are still more troubles waiting for him to solve later.
Moreover, big guys such as Fuji Consortium, General Motors, and Renault Group are not willing to fail like this. There is no telling what conspiracy is waiting for him later.
Therefore, it is destined not to be easy at this time.
After Feng Jianhui left, he turned around and walked into the villa!
At this moment, in the living room of the villa, there is already a young white man waiting there.
"Give this information to Kim Cheol-hwan and give him this check by the way!"
After taking the two things from his hands, 'Sagittarius' De Rong said doubtfully: "Master, this information is the basis for us to master Jin Zhehuan. If we return it to the other party, it will be difficult for him to listen to our orders in the future.
Got it!"
"Don't worry! Even if we no longer have this handle, as long as he accepts this check, he will never be able to get out of our hands!" laughed.
There is a saying that 'the older you get in the world, the less courage you have.' Kim Cheol-hwan has now reached the high position of Minister of Economy and Industry. It is certain that he is cautious and suspicious in character!
Even if this evidence of his corruption and bribery is returned today, he will still wonder if there are other backups! Of course, when it comes to his enterprises, he will be very cautious and cautious!
The extra check of 2 million US dollars is a typical "beat a stick and give a sweet date". With Kim Cheol-hwan's character, he is not afraid of him not complying.
"I understand, Master!"
"Go for it!"
He looked at Sagittarius' back and smiled as he quickly left.
No official in this world is clean, and corruption and bribery will occur more or less. The difference is that some people can control their greed, and they will ask for what they should, and never reach out for what they shouldn't.
The other is to reach out without hesitation whenever you see someone, regardless of the consequences.
Obviously, the latter type will never end well. And most of the people who can reach high positions in the political arena are the first type. Kim Cheol-hwan is also this type.
But even if he can control his greed, corruption is corruption and he is afraid of being exposed!
Therefore, when Yuan Guang used the relics to find evidence of corruption and bribery of the other party, and asked the 'Sagittarius' to deliver it to Kim Cheol Hwan, the nature of the other party's politician who adapts to the wind was instantly revealed. In the matter of the acquisition of Daewoo Group, from the initial
Opposition quickly turned into support.
Coupled with the support of Roh Moo-hyun and the political power of the Lee family and the Park family, it is easy to bring the Daewoo Group into the arms.
However, the acquisition of Daewoo Group is only the first step to success!
There are too many things waiting for him to do later.
I originally wanted to take advantage of this little free time to go out for a walk, but I gave up the idea when I thought of the 'COVID-19 virus' that is getting more and more serious around the world.
Even though his system is different from ordinary people and his medical skills are superb, he doesn't want to have any interaction with this unknown virus.
In addition, thanks to the help of the coronavirus, otherwise, the protests jointly launched by the Fuji Foundation and General Motors would have gathered more employees of the former Daewoo Group, and the impact would have been greater and more difficult.
Resolved. Of course there is no problem now.
It's time for everything to settle.
The South Korean cabinet approved Hanwha Group's acquisition of Daewoo Group, and after signing the contract within one month, the US$30 billion that had been prepared long ago was transferred to the account of the South Korean government!
In addition, according to the agreement, the remaining arrears of US$21.8 billion will be paid off in full within ten years. If interest is included, nearly US$30 billion will be paid out after ten years!
However, this is to be expected. How can it be possible to repay debts without interest?
Although it cost such a high price, I am still very happy to be able to eat up Daewoo Group! The reason why Daewoo Group collapsed is not the problem of the group itself. In fact, most of the companies under Daewoo Group have very bright development prospects, and Jin Yuzhong
The attitude of attaching great importance to technological innovation has also allowed Daewoo Group to develop faster than others. This is why he has developed Daewoo Group from a foreign trade company with less than ten people to a value of 65 billion US dollars in just eight years.
An important reason for becoming one of the world's top 500 giants.
However, Jin Yuzhong's luck was really bad. His ambitious five-year expansion plan and 175 billion business target caused him to exhaust the group's funds and owe huge foreign debts.
If Kim Woo-jung is given five more years, or ten more years, he may really be able to take Daewoo Group a step further and become one of the world's leading large-scale conglomerates. However, unforeseen circumstances, and the outbreak of the 1997 financial crisis, have greatly affected Daewoo Group's ambitions.
The possibility of realization is lost.
The financial dilemma left Jin Yuzhong unable to recover.
One after another, companies that had a bright future were put on the shelves by him!
But the business adjustment did not save Daewoo, but the remaining 12 outstanding companies at the core of Daewoo Group attracted the attention of the world.
He also came here for these high-quality companies. And among many competitors, he who was willing to spend money finally had the last laugh.
…
"Chairman, this is Mr. Li Rong, the current CEO of Daewoo Group!"
Although Daewoo Group collapsed, it was in the hands of the South Korean government and was not really dissolved. After all, the South Korean government still counted on it to repay its debts.
Therefore, in fact, the twelve branches of Daewoo Group are still producing. Of course, they are burdened with hundreds of billions of foreign debts, so they are not as glamorous as before.
After nodding, he looked at the middle-aged man in front of him, who was about fifty years old and wearing a black suit. He looked a little serious. Apart from the perseverance in his eyes, he didn't find any other characteristics in the man. But here.
People are indeed not simple. When Jin Yuzhong served as chairman and led the rapid expansion of Daewoo Group, Li Rong, who was the president and responsible for the daily government management of Daewoo Group, was Jin Yuzhong's right-hand man.
It's just that the eyes focused on Kim Woo-jung are too intense, making this top student who graduated from the Department of Economics and Management of Yonsei University look less outstanding.
However, after Kim Woo-jung committed a crime and fled overseas, Daewoo Group still maintained stability under the leadership of Li Rong, and it still developed under difficulties. This shows the other party's ability.
…………………………………………………………………………………… (To be continued.)