Chapter 36： Finalize cooperation

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

Yang Cheng was stunned and turned around. The brain that had just been paralyzed by alcohol started to work in an instant. He secretly said damn, and forgot to talk about business tonight, "Very good, Sister Fu's hotel is well managed. The taste is stronger than Marriott."

Chong has just sent away a wave of toasting guests, Li Fu really compares his thumbs. This is not a compliment. Marriott’s dishes have no special features, and are similar to those of ordinary star-rated hotels, which can only be said to be on the horizontal line.

Silla incorporates a lot of local Korean specialties. Isn’t the food all about eating authentic and fresh? Although I didn’t eat a few bites, Yangcheng was still highly praised.

"It's fine if you are satisfied. Turn around and give the chef tonight a bonus." Li Fuzhen had a few glasses of red wine, his face was flushed, and she didn't speak anymore. At this time, she looked like an ordinary woman. What is the difference.

"Then we can 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 spirits, made an apologetic expression to Li Fuzhen, got up and said, "Okay, where to go?"

"Here, there is a lounge upstairs."

Followed Li Renyuan around the dining table and walked along the side corridor to the stairs. At this time, Yang Cheng also found that the president of CJ was also following. Is Lotte going to get his partner?

A group of three people came to the lounge on the second floor through the stairs. The decoration here is the same style as the banquet hall, but with a lot of warm furniture and a more comfortable and relaxing atmosphere. Yang Cheng didn't bother to look at the decoration here. In the sofa area Sit down and say to the waiter on the side, "Thank you for a cup of green tea."

Li Renyuan and Sun Jingzhi ordered coffee, chatted for a few words, waited for the waiter to deliver drinks, closed the door and exited, the atmosphere became sober.

"Jason, I called President Sun together, I think you have guessed some of my thoughts, right?" Li Renyuan spoke first, setting the tone for this conversation.

Sun Jingzhi's eyes rested on Yang Cheng from beginning to end, as if he were appreciating and considering.

"I can probably guess, but if I can be honest, what is the purpose of pulling CJ? Share the risk? If so, then I can only say that I overestimated the strength of Lotte." Yang Cheng was relentless and disregarded. And Sun Jingzhi's presence directly questioned.

He not only expressed dissatisfaction, but also put pressure on Lotte. This cooperation was proposed by me. Without my consent, he arbitrarily pulled people on the ship, which seemed to be out of compliance.

Sun Kyung-sik sipped his coffee, unmoved by Yang Cheng's words.

Li Renyuan was not angry because Yang Cheng questioned Lotte's strength, but joked with Sun Jingzhi, "Look at what I'm talking about, this little fox must blow his hair."

Sun Kyung-sik smiled and shook his head, and said, "Don't worry, Jason, listen to Renyuan to finish." He is about the same age as Li Renyuan, and he has no difference in status, and he is totally equal.

"Actually, you are right. The main purpose of getting CJ is to share the risk. After the meeting that day, I went back and asked people to make a simple estimate. If you want to win Hershey, you must prepare at least $6-8 billion in cash. Even Lotte would not dare to gamble a large sum of money easily. Even if you have a part of the burden, you can transfer it to Lotte to pay in installments. This pressure is too great and we cannot afford to bet."

Li Renyuan’s words surprised Yang Cheng, "Do you plan to take full control?"

Are you crazy? In the beginning, Yang Orange did not intend to fully control the company. In order to pit Lehman not to make such a big deal, Hershey's market value exceeds 20 billion US dollars. If it is to be acquired, it must be at a premium, even if it is only a 10% premium. Enough for them to drink a pot, so Yang Cheng's plan was to help Lotte obtain the status of a major shareholder. In the future, if they want to buy, they can gradually make plans.

It can be seen from this posture that it is clear that it must be done in one step, and it is not only a holding, but also wants to complete the privatization of Hershey’s delisting. No wonder CJ has to be pulled, because once the acquisition fails, Lehman will backfire and it will not let Lotte's cash The flow will be completely cut off, and the entire group is in danger of collapse.

MMP, the ambition of Lotte has not been counted. I am really not afraid to die.

With Lehman's confidence, he only dared to use AB InBev for mergers and acquisitions instead of holding acquisitions. The two are essentially different. Mergers and acquisitions are literally called mergers or mergers and acquisitions, and there is no need to use large amounts of cash. The two companies Or two or more companies are reorganized to form a new company, and the other party’s shareholders are transformed into shareholders of the new company. This is a merger.

The acquisition is to buy back the shares of the shareholders with money. In the future, this company will only belong to the acquirer, and it has nothing to do with your original shareholders. Otherwise, the trust committee of Hershey is tempted by Lehman's merger plan. It's not that they can continue to guarantee their own rights and interests. They only need money and they can't get a point. They all belong to the Hershey School. The trust committee is just an escrow agency.

Therefore, in Yang Cheng’s view, Lotte is purely whimsical, just about to break their unrealistic fantasy, and then think about it, this is also a good thing. The thought of acquiring it proves that they are ready to head against Lehman. , Isn't this exactly what Yang Cheng wants?

Moreover, with the addition of CJ, the combat effectiveness has soared. Don’t forget that CJ Group was born out of CheilJedang. It started as a food product. It also has a pivotal position in the food field. It has always been known as the 11th largest consortium in Korea. Abundant, definitely not to be underestimated, and with Toyama behind making trouble for Lehman, it is really hard to say who will win. U U Reading

Thinking of this, I swallowed the words that came to my lips, rearranged the language, and grinned, "We can talk about it in detail."

Where did Li Renyuan and Sun Jingzhi know that just a while ago, Yang Cheng's mind turned 18 turns, and when Yang Cheng agreed, they also laughed out, "Haha, that's right, cooperation can be a win-win situation."

Yang Cheng did not cooperate with emotion and laughed, and the ghost would win together with you.

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

In addition, President Lee, I cooperated with Lotte to develop the Seoul Forest. The project can also be established, 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 Hershey the company. "

Li Renyuan smiled. He has not been idle these days. Not only did he investigate the Hershey Company, he also sent someone to inspect the land in Yang Cheng’s hands. The results obtained were more satisfactory than Yang Cheng’s estimates. After all, Yang Cheng did not know South Korea. In the real estate market, Lotte, as a local snake, has a considerable part of the cost that can be omitted, but before the house is sold, no one can pack the ticket, but it is enough for Li Renyuan to make up the determination to cooperate with Yang Cheng.

In the next half an hour, the three people talked about the framework of cooperation. The rest will be negotiated by their respective subordinates. Otherwise, the boss will do everything, so what should the employees do?

Out of the VIP room, Li Inwon walked in front to call and set up tasks, while Yang Cheng dragged behind, chatted with Sun Kyung-sik, licked his face and said, "President Sun, I have established an entertainment company in Korea. CJ Entertainment has always It is the leader of the Korean entertainment industry. With the current cooperative relationship between you and me, you have to support me a lot."