Chapter 36
Jason, have you eaten?" Ly Nhan Nguyen patted Duong Thua's shoulder and asked.
Duong Trung turned around in shock. The brain that had just been numbed by alcohol started working immediately. He silently said damn it, he forgot to talk about work tonight: "Very good, the Deputy Manager's hotel is good, the taste is stronger than Marriott."
Sung had just sent off a group of guests raising their glasses. Ly Phuc was truly thumbing his nose. That's not a compliment. Marriott's food is nothing special, just like normal star hotels, which can only be said to be horizontal.
Silla combines many local Korean specialties. Isn't food just about eating whole and fresh? Even though he hasn't eaten a few bites yet, Duong Thanh is still very famous. "It's good that you're satisfied. Come back tonight to reward the chef." Ly Phu Tran drank several glasses of red wine, her face turned red, and she said no more. At that time, she looked like a normal woman. What is the difference?
"So can we find a place to talk?" Li Renyuan waited until Li Fuzhen finished speaking before smiling suggestively. Duong Trung quickly drank a cup of tea to calm his mind, looked at Ly Phu Tran with an apologetic expression, stood up and said: "Okay, where are we going?"
"Here, there is a living room upstairs."
I followed Ly Nhan Nguyen around the dining table, along the side hallway and up the stairs. At this time, Duong Trung also discovered that CJ president was also following him. Will Lotte find its partner?
A group of three people went to the second floor living room via the stairs. The decor here is similar in style to the banquet hall, but with more warm furnishings and a more comfortable, relaxing atmosphere. Duong Trung did not bother to look at the decoration here. In the sofa area Sit down and say to the waiter next to you: "Thank you for a cup of green tea."
Ly Nhan Nguyen and Ton Canh Chi ordered coffee, chatted a few words, waited for the waiter to bring the drinks, closed the door and went out, the atmosphere became sober.
"Jason, I summoned President Ton. I think you've guessed some of my thoughts, right?" Li Renyuan spoke first, setting the tone for this conversation.
Ton Canh Chi's eyes looked at Duong Thua from beginning to end, as if enjoying and thinking.
"I can guess, but if I'm honest, what is the purpose of getting rid of CJ? Share the risk? If that's the case then I can only say that I overestimated Lotte's power. " Yang Cheng continued to ignore it. And Sun Jingzhi's presence was directly suspected.
He not only expressed his dissatisfaction but also put pressure on Lotte. This cooperation was proposed by me. Without my consent, he arbitrarily brought people onto the train, which seems against the regulations.
Sun Kyung-sik took a sip of coffee, unmoved by Yang Cheng's words.
Li Renyuan was not angry that Yang Cheng doubted Lotte's strength, but joked with Sun Jingzhi: "Look at what I'm saying, this little fox has to comb his hair."
Sun Kyung-sik smiled and shook his head and said: "Jason, don't worry, just listen to Renyuan." He and Ly Nhan Nguyen are approximately the same age, with no difference in status, completely equal.
"Actually you're right. The purpose of acquiring CJ is to share the risk. After that day's meeting, I went back and asked everyone for a simple estimate. If you want to win Hershey, you need to prepare at least 6-8 billion USD in cash. Even Lotte does not dare to easily gamble large amounts of money. Even if there is a portion of the fee, you can transfer it to Lotte to pay in installments. This pressure is too great and we cannot afford to gamble. »
Ly Nhan Nguyen's words surprised Duong Trung: "Are you going to have full control?"
Are you crazy? Initially, Yang Orange did not intend to take complete control of the company. To prevent Lehman from making such a large deal, Hershey's market value exceeded $20 billion. If you want to buy it, it has to be at a higher price, even if it's only 10%. It's enough for them to drink, so Yang Cheng's plan is to help Lotte gain the status of major shareholder. If you want to buy later, you can gradually plan. From this point of view, it is clear that this must be done in one step, and this is not only a joint stock company, but also wants to complete the privatization of delisting of Hershey. It's no surprise that CJ had to be eliminated, because once the acquisition failed, Lehman would turn its back on him and leave Lotte with no liquidity. The flow will be completely disrupted and the entire group may collapse.
MMP, Lotte's ambitions are not taken into account. I'm really not afraid of death.
With Lehman's trust, he dared to use AB InBev only for mergers and acquisitions instead of making acquisitions. These two are fundamentally different. Mergers and acquisitions are literally called mergers or mergers and acquisitions, and do not need to involve large amounts of money. Two companies Or two or more companies are reorganized to form a new company and the shareholders of the other party are converted into shareholders of the new company. This is a merger.
Buybacks involve buying back shares from shareholders for cash. Going forward, this company will be owned solely by the acquirer and has nothing to do with your original shareholders. On the other hand, the Hershey Trust is being enticed by the Lehman merger project. It is not that they can continue to secure their rights and interests. They just need money and they can't score points. All belong to the Hershey school. The trust committee is only the escrow agency.
Therefore, according to Duong Trung, Lotte is purely an illusion, about to break their unrealistic imagination. Thinking back, this is also a good thing. The idea of having it proves they are ready to confront Lehman. , Isn't this exactly what Duong Trung wants?
Furthermore, with the addition of CJ, combat effectiveness has skyrocketed. Remember, CJ Group was born from CheilJedang. It started as a food product. It also occupies an important position in the food sector. It has always been known as the 11th largest corporation in Korea. Abundant, not to be underestimated, and with Toyama behind Lehman's troubles, it's hard to say who will win. U U Reading www.uukanshu.com
Thinking of this, I swallowed the words that had just left my mouth, rearranged my language, and smiled: "We can talk in more detail."
Ly Nhan Nguyen and Ton Canh Chi did not know that not long ago, Duong Trung's mind had turned 18. When Duong Trung agreed, they also laughed and said: "Ha ha, that's right, cooperation can be mutual." helpful.
Duong Trung did not cooperate with his emotions and laughed loudly, the devil will win with you.
"After completing the cooperation, you will send your trusted subordinates to follow me to the United States as soon as possible. Yuanshan will be responsible for arranging your meetings with Hershey shareholders and you must keep this confidential.
Furthermore, Chairman Lee, I have cooperated with Lotte to develop Seoul Forest. The project can also be implemented and the income will not be disputed. I will not take advantage of you and you must not let me suffer. The focus is on the Hershey Company. "
Ly Nhan Nguyen smiled. He has not been idle these days. Not only did he investigate the Hershey Company, but he also sent people to inspect the land in Duong Trung's hands. The results obtained were even better than Duong Trung's estimate. Anyway, Duong Trung doesn't know Korea. In the real estate market, Lotte as a local snake accounts for a significant portion of the costs that can be ignored, but before selling the house, no one can package the ticket, Li Renyuan just needs to be determined. cooperate with Yang Cheng.
For the next half hour, the three talked about the framework for cooperation. The remainder will be negotiated by their respective subordinates. If not, the boss will do everything, so what should employees do?
Exiting the VIP room, Li Inwon went ahead to make calls and arrange work, while Yang Cheng followed behind, chatting with Sun Kyung-sik, licking his face and saying: "President Sun, I founded an entertainment company in Korea. CJ Entertainment has always led the Korean entertainment industry. With the current partnership between you and me, you must support me a lot.