The first thousand one hundred and seventy-ninth chapters dark tide stack up
Chapter 1,179 The undercurrent rises
…
After this integration, of the twelve wholly-owned subsidiaries of the Daewoo Group, only four companies remain: Daewoo Heavy Industries, Daewoo Motors, Daewoo Marine & Shipbuilding and Daewoo Electronics!
As for the remaining eight Daewoo subsidiaries, except for Daewoo Apparel, which was sold by ****, the rest were added by **** to its own enterprise clusters.
After these additions, among the 25 groups under ****, in addition to the newly established Lejia Group, Hanhua Fund, which is not for profit, and Hanhua Investment Management Company, which has not been established for a long time,
, the remaining 22 companies have total assets exceeding US$1 billion!
Among them, eight companies with total assets exceeding US$4 billion include Dongchao Group, Jiahua Group, Huayang Group, Dongfang Steel Group, Dingsheng Fund, Dalun Group, Hanhua Commercial Bank, and Cathay Pacific Airways!
Companies with total assets exceeding or approaching US$10 billion include Matrix Media Group, Cartagena Petroleum Company, Cody Mining Group, Pacific Petroleum Industries, and Daewoo Group!
Originally, Daewoo Group had assets of US$28 billion.
However, most of Daewoo Electronics was sold to ****, one-third of Daewoo Heavy Industries' business was sold to ****, and all of Daewoo Apparel was sold. The assets of Daewoo Group, which has only four subsidiaries out of 12, have shrunk by more than half.
.And this has also caused the assets of Dongchao Group, Jiahua Group, Huayang Group and other companies that have enjoyed the fruits of Daewoo's victory to surge.
After talking about Daewoo Group, the only one left is Standard Chartered Bank, which has the highest market value among the companies under ****!
Over the past year or so, the market value of Standard Chartered Bank, which has pushed up its stock price due to successive acquisitions, has reached US$82.6 billion. However, in order to raise funds for the acquisition of Daewoo Group, **** originally held close to 90% of the
Only 50.1% of the stock is left, barely holding a controlling stake in Standard Chartered Bank.
Based on this calculation, ****'s net worth should be no less than 120 billion U.S. dollars! However, if we deduct the 12 billion U.S. dollars he owes ********** and the Korean government's agreement to acquire Daewoo Group,
21.8 billion U.S. dollars, and nearly 10 billion U.S. dollars in interest that will be paid in the next ten years. After deducting the 3 billion U.S. dollars owed to Bank of America for the acquisition of Unocal, ****'s net worth instantly shrank to 70 billion U.S. dollars!
If we subtract the loans of more than 50 billion Chinese yuan that Dongchao Group, Jiahua Group, and Huayang Group have borrowed from domestic banks in the past three years for the development of the company, plus interest...****
Net worth will shrink by another US$5 billion!
However, being able to work hard from a net worth of less than US$10,000 to becoming a super rich man of US$65 billion in three years is enough to be proud of!
"However, all the money I prepared for the acquisition of Daewoo Group and Unocal this time has been completely spent!" **** thought to himself.
Over the past year or so, he has sold off his shares in Standard Chartered Bank and transferred his gold, raising a huge amount of approximately US$45 billion!
As a result, 30 billion was used to acquire Daewoo Group, 10 billion was used to support the subsequent development of Daewoo Group, and 5 billion was used to acquire Unocal!
By now, except for the "pocket money" of tens of millions of Chinese coins, **** can be considered penniless!
But fortunately, now all his previously planned goals have been achieved. So after spending the money, **** has nothing to regret!
Just when **** was discussing the integration plan of Daewoo Group and the future development of the group with Feng Jianhui and Li Rong, and was busy restoring Daewoo Group to life. The news of Hantong Investment's acquisition of Daewoo Group finally spread in South Korea and even the whole country.
The world exploded.
First, South Korea's "Central Daily News" published the change of ownership of Daewoo Group on its front page, followed by "Chosun Ilbo", SBS Radio, and almost all influential TV stations, newspapers and other media in South Korea, whether economic or current affairs.
, or the entertainment industry, the news of the acquisition of Daewoo Group was exposed in less than three days.
Moreover, this economic storm soon spread from South Korea to the whole world, including China Central Television, People's Daily, Britain's Reuters, The Times and Sky TV, France's AFP, and the United States.
The "Wall Street Journal", "Washington Post", CBS and many other world-class media giants all exposed the news of Daewoo Group's acquisition at the first time.
As the acquirer, Hantong Investment was put under a magnifying glass by everyone.
Naturally, as the only controlling shareholders of Hantong Investment, Hanhua Group and ******** were also picked out.
However, what is unexpected is that in mid-June 2003, less than a month after the news of the change of ownership of Daewoo Group was exposed, when reporters found Will Harrington, the head of the investment department of the United States Government,
The other party's answer was: All 40% of the Hantong Investment shares they held had been sold to Hanhua Group.
At this moment, Hanhua Group suddenly stood at the forefront of public opinion around the world.
"Damn the Rockefellers!"
Watching Will Harrington talking freely on TV, **** cursed secretly in his heart.
He could guess that the reason why Will Harrington dared to say this must have been under the instruction of Steven Rockefeller or Eric Rockefeller, the controller of the Rockefeller family!
However, when he handed over the half of the map to the Rockefeller family, he had already guessed that this day would come. However, **** did not expect that it would come so quickly. Nor did he expect that the Rockefeller family would be so decisive.
"Hiss...!"
**** took a breath and frowned tightly.
Now that the Rockefeller family does not have the powerful 'tiger skin' to cover its body, the slightly weaker Hanhua Group will be directly exposed to the eyes of many greedy people and face more stormy challenges.
"Fortunately, the two acquisitions by the United States and South Korea have been completed, and the biggest problem has passed. The next step is to 'soldiers will block the water and come to the country'. Let's see who can have the last laugh!" After muttering to himself, ***
*A look of determination appeared on his face.
"Chairman, this is bad!"
At this moment, Feng Jianhui walked in anxiously.
"What happened?"
It must be unusual for something to cause Feng Jianhui, who has always been calm and steady, to panic so much.
"I just received news that more than a thousand laid-off employees of Daewoo Electronics have gathered outside the Korean government office building to protest our acquisition of Daewoo Group. In addition, many members of the Korean Parliament also believe that the cabinet sold off Korean national enterprises.
Selling to foreign companies is not conducive to South Korea's economic stability. We are going to convene a parliamentary discussion and ask the president to change the resolution! Also, I just received news from the United States. Many members of the U.S. Congress also believe that the sale of Unocal to us has harmed the United States.
national energy reserve security. In addition, more than a dozen shareholders of the original Unocal believe that we used illegal means in the acquisition of Unocal. Now they have appealed to the U.S. Supreme Court and it was accepted. We have also been challenged by the U.S. court
The summons!"
"All the monsters and monsters jumped out!" **** sneered.
"Chairman, now we must come up with countermeasures as soon as possible, otherwise if these people succeed in their conspiracy, all our efforts will be wasted, and we will lose billions or even tens of billions of dollars."
!" Feng Jianhui said anxiously.
"I know! Jianhui, please calm down first. Although things are not good for us, they are not out of control yet. If we mess up ourselves now, I'm afraid no one can help us!"
After hearing this, Feng Jianhui was startled for a moment, and after taking a few deep breaths, his expression became much calmer.
If it had been in the past, Feng Jianhui's emotions would not have gotten out of control as easily as now. The key is the current integration of Daewoo Group and the merger and division of dozens of companies under ****. A lot of work is piling up on the desk, and it all depends on Feng Jianhui.
He had to deal with it, so during this period he was so busy that he couldn't sleep with his feet on the floor, and he was worried about getting angry. But now that this happened, it completely confused him.
But after all, Feng Jianhui is Feng Jianhui. He once stood in the world's top companies and experienced many storms. He has extraordinary abilities and deserves the trust of ****.
Through self-adjustment, he can quickly regain his composure.
"Chairman, I'm sorry, I'm a little out of control!"
"It doesn't matter, you are too busy during this period, and it is understandable that you feel impetuous! When this period of time passes, you can take a vacation and relax. I don't want anyone to sue me for abusing my employees!"
After saying that, **** waved his hand and motioned for Feng Jianhui to sit down. **** continued: "You don't have to worry about the affairs of the United States! I will personally call Guo Kai later and ask him to hire the best person.
A team of lawyers will fight the lawsuit for us. When our acquisition of Unocal is a foregone conclusion, they cannot afford to cause much trouble! And South Korea...!"
After a pause and pondering, **** said coldly: "You will visit Roh Moo-hyun and Prime Minister Gao Wei later to explain our positive development measures for Daewoo Group. And state that we will not
The intention is to move the headquarters of the Daewoo Group out of South Korea. Secondly, send a message to all employees of the Daewoo Group who are still employed. Their wages will be increased by 10% after starting in July! In addition, a press conference will be held to
The media announced that we have sold most of Daewoo Electronics' business to Samsung Electronics. Those demonstrating were not Daewoo employees, but Samsung employees. They were employees laid off by Samsung and have nothing to do with our Daewoo Group."
"...Finally, I would like to announce to the entire South Korea that after acquiring Daewoo Group and completing the integration of the group, Hanwha Group will invest a huge amount of US$10 billion in the company for the development of Daewoo Group! We will inherit Jin Yuzhonghui
The legacy of the long-term five-year plan and strive to develop the Daewoo Group into a world-class large-scale business group!" (To be continued.)
ps: Thanks to the book friend "Bifan Yuanying" Yunzhi "Zixin King" Ancient Jiangjin "no..." "engye521" "This Life Fate" "Little Pond Fish" "Angel 093" "yingjay" Tim
Thank you very much for your monthly ticket support from Yi Youfeng, "Bi gthree", "Warrior 81" and "Game Universe", as well as the reward support from book friend "Baby Panda", "Blood Killing" and "MSN contribution"!