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Chapter 36 Finalize Cooperation

"Jason, have you eaten?" Li Renyuan came over again and patted Yang Cheng on the shoulder and asked.

Yang Cheng was stunned for a moment, then turned around. His brain, which had just been paralyzed by alcohol, suddenly started to work. He said to himself, "Damn it." He forgot that he had to talk about business tonight, "It's good. Sister Fuzhen's hotel is well taken care of. The food is

It tastes better than Marriott.”

Li Fuzhen gave a thumbs-up sign to Li Fuzhen, who had just sent away a group of toasting guests. This was not a compliment. Marriott's dishes had no special features and were similar to those of ordinary star hotels. They could only be said to be on the average level.

Silla has incorporated many local Korean specialties. Isn't the food meant to be authentic and fresh? Although I didn't eat a few bites, Yang Cheng still spoke highly of it.

"As long as you are satisfied, I will give the chef tonight a bonus later." Li Fuzhen drank several glasses of red wine, with an intoxicating blush on her face and stopped talking. At this time, she looked different from an ordinary woman.

What's the difference.

"Then let's find a place to talk about something?" Li Renyuan waited for Li Fuzhen to finish speaking before hinting with a smile.

Yang Cheng quickly drank a cup of tea to slow down the alcohol, made an apologetic expression to Li Fuzhen, stood up and said, "Okay, where are you going?"

"Here, there's a lounge upstairs."

Following Li Renyuan, he walked around the dining table and walked along the corridor towards the stairs. At this time, Yang Cheng also found that CJ's president was also following behind. Could it be that Lotte wanted to bring in a partner?

A group of three people walked up the stairs to the second-floor lounge. The decoration here was in the same style as the banquet hall, but a lot of warm-colored furniture was added to create a more comfortable and relaxing atmosphere. Yang Cheng didn't bother to look at the decoration here. In the sofa area

He sat down and said to the waiter beside him, "Please bring me a cup of green tea."

Li Renyuan and Son Kyung-sik ordered coffee, chatted for a few words, waited for the waiter to bring the drinks, and closed the door and exited, the atmosphere became solemn.

"Jason, I'm calling President Sun up here. I think you've guessed some of my thoughts, right?" Li Renyuan spoke first, setting the tone for this conversation.

Sun Jingzhi's eyes were always on Yang Cheng, as if appreciating and considering.

"I can probably guess, but with all due respect, what is the purpose of bringing CJ on board? To share the risk? If so, then I can only say that I overestimated Lotte's strength." Yang Cheng was merciless and did not care at all.

When Sun Jingzhi was present, he directly questioned.

He not only expressed his dissatisfaction, but also put pressure on Lotte. This cooperation was proposed by me, and he randomly pulled people on board without my consent, which seemed a bit against the rules.

Sun Jingzhi sipped his coffee and was unmoved by Yang Cheng's words.

Li Renyuan was not angry because Yang Cheng questioned lotte's strength. Instead, he joked with Sun Jingzhi, "Look what I said, this little fox will definitely explode."

Sun Jingzhi smiled and shook his head, and said to smooth things over, "Jason, don't worry, let Renyuan finish what he said." He and Li Renyuan were about the same age, and there was no difference in status. They talked about each other as equals.

"Actually, you're right. The main purpose of recruiting CJ is to share risks. After our meeting that day, I went back and asked someone to make a simple estimate. If we want to win Hershey, we must prepare at least US$6 billion to US$8 billion in cash. So

Even lottes don't dare to gamble with a large sum of money. Even if you pay part of it and transfer it to lotte and pay it in installments, the pressure is too great and we can't afford to gamble."

Li Renyuan's words shocked Yang Cheng, "You still plan to take full control?"

Are you crazy? In Yang Cheng’s plan from the beginning, he did not plan to fully control the company. In order to cheat Lehman and avoid making such a big deal, Hershey’s market value now exceeds 20 billion US dollars. If it wants to acquire it, it must pay a premium, even if it is only a premium of 10

%, that’s enough for them to drink a pot, so Yang Cheng’s plan from the beginning was to help Lotte obtain the status of a major shareholder. If they want to acquire it in the future, they can take advantage of it.

But looking at this posture, it is clear that they want to achieve it in one step, and not only control, but also want to delist Hershey and complete the privatization. No wonder they have to involve CJ, because if the acquisition fails, it will be counterattacked by Lehman, which may affect Lotte’s cash.

The flow will be completely cut off and the entire group will be in danger of collapse.

MMP, I have never considered Lotte's ambition, she is really not afraid of dying.

With Lehman's confidence, it only dares to use Anheuser-Busch InBev for mergers and acquisitions, rather than controlling acquisitions. There is an essential difference between the two. Mergers and acquisitions are literally called mergers or mergers and acquisitions. There is no need to use large sums of cash. The two companies

Or two or more companies are reorganized together to form a new company, and the shareholders of the other party are converted into shareholders of the new company. This is a merger and acquisition.

An acquisition is to buy back the shareholders' shares with money. From now on, the company will only belong to the acquirer and has nothing to do with your original shareholders. Otherwise, why would Hershey's trust committee be interested in Lehman's merger and acquisition plan?

Instead of being able to continue to protect their own rights and interests, the money is useless. They won't get a single cent. They all belong to the Hershey School, and the trust committee is just an escrow agency.

So in Yang Cheng's view, Lotte was just out of imagination. Just when he was about to break their unrealistic fantasy, he thought about it, this is also a good thing. The idea of ​​​​acquisition proved that they were ready to go head-to-head with Lehman.

,Isn’t this exactly what Yang Cheng wants?

Moreover, with the addition of CJ, its combat effectiveness has skyrocketed. Don’t forget that CJ Group was born out of CheilJedang and started out as a food manufacturer. It also plays a decisive role in the food field and has always been known as the eleventh largest conglomerate in South Korea.

They are powerful and should not be underestimated, and with Yuan Shan causing trouble for Lehman behind his back, it’s really hard to say who will win and who will lose.

Thinking of this, he swallowed the words that came to his lips, rearranged his words, grinned and said, "We can talk in detail."

Li Renyuan and Sun Jingzhi didn't know that in just a short while, Yang Cheng's mind had turned 18 times. Seeing that Yang Cheng agreed, they also laughed out loud, "Haha, this is right. Cooperation can lead to a win-win situation."

Yang Cheng, on the other hand, cooperated without emotion and laughed. The devil will win with you.

"Now that the cooperation is finalized, you should send your trusted subordinates to follow me back to the United States as soon as possible. Yuanshan will be responsible for arranging for you to meet with Hershey's shareholders. You must keep it confidential.

In addition, Chairman Li, I can also start a project to develop the Seoul Forest land in cooperation with Lotte. Don’t argue about the profits. It’s 50/50. I won’t take advantage of you. Don’t let me suffer either. The focus is still on good times.

company."

Li Renyuan beamed with joy. He had not been idle these days. He not only investigated the Hershey Company, but also sent people to inspect the land in Yang Cheng's hands. The results obtained were more satisfactory than Yang Cheng's estimate. After all, Yang Cheng did not understand Korea.

In the real estate market, as a local snake, Lotte can save a considerable part of the cost. However, no one can guarantee it until the house is sold, but it is enough for Li Renyuan to make up his mind to cooperate with Yang Cheng.

In the next half hour, the three people discussed the framework of the cooperation, and the rest was left to their respective subordinates to negotiate. Otherwise, the boss would do everything, so why would the employees do anything?

After leaving the VIP room, Li Renyuan walked in front and made a phone call to assign tasks, while Yang Cheng followed behind and chatted with Sun Jingzhi. He licked his face and said, "President Sun, I established an entertainment company in South Korea. CJ Entertainment has always been
Chapter completed!
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