The penniless son of the penniless ...

Chapter 319: Mannesmann's Visitors (Updated)
Little did they know that while Lee Byung-sun was still plotting against Song Hye-kyo, Zhang Junfeng, who had a quarrel with Kim Woo-jung of Daewoo Group, was still a little unsatisfied. He immediately ordered Wu Xiuying to contact several major domestic TV stations and related companies that have cooperated with their Comet Capital and Galaxy Group, and strictly prohibit any cooperation with the actor Lee Byung-sun!

He wanted to see, Kim Woo-jung offended him and still wanted to seek resources for his adopted son? It was a nice thought, but unfortunately Zhang was never one to swallow his anger. Since the other party wanted to support Lee Byung-sun, he would order a ban. Then, the bad-tempered Daewoo Group Chairman Kim Woo-jung's face would be very interesting, right?

Wu Xiuying could naturally guess the "bad taste" of boss Zhang Junfeng. However, she was happy to watch the show when she thought of the arrogance of those people in Daewoo Group.

------Dividing line------

As time goes by, competition in the European telecommunications industry becomes increasingly fierce. The battle for market share between the largest player, Vodafone, and the second largest player, Mannesmann, has already started. Citizens and businesses in many European countries are completely surrounded by various telecommunications services with constant discounts and offers, and they call it the "happiest" year.

Orange, the third-ranked company, is also seeing its share price rise steadily as Vodafone and Mannesmann compete to acquire it. It has risen by more than 30% compared to when Zhang Junfeng bought it before!

Even the shares on the market and those held by small shareholders have been acquired by Vodafone and Mannesmann one after another. Comet Capital, which holds about 6.4% of Orange's shares, has also become their target.

……

Seeing Charles Foster, the negotiating representative of Mannesmann, who had come from afar, Comet Capital warmly entertained him. Zhang Junfeng also asked Wu Xiuying to call Wu Mingxi, the barrister who happened to be on duty at the legal department of the Galaxy Group next door today. After all, it is more reassuring to have a lawyer present when negotiating professional acquisitions and transfers of shares.

In the spacious and bright conference room, Charles Foster quickly got down to business after he sat down. "Mr. Zhang, our Mannesmann is a very powerful industry leader in Europe. This time we come here with full sincerity to acquire the company's shares held by you!"

(Note: When making the layout, Zhang Junfeng specifically asked the traders in Europe to perform special operations. The acquired Orange and Mannesmann stocks were placed in different accounts. They would be collected together and declared after he issued the latest instructions.)
Zhang Junfeng was also pleased to hear that the other party came straight to the point. The more anxious the other party was, the more initiative they would have. After all, the other party's eager reaction could better show that the competition in the European telecommunications industry had entered a fierce stage.

Of course, there is one thing Zhang Junfeng needs to pay attention to, that is, their offer cannot be too outrageous. Otherwise, the other party will completely give up on purchasing Orange's shares from him and turn to Li Ka Shing, who holds more shares. Then his idea of ​​getting a big piece of the pie will most likely not be realized.

"We understand what Mr. Foster means. According to the current stock market of Orange, which has been rising sharply in a short period of time, there must be a powerful force that has stepped in and made a large-scale acquisition. I think it should be your company and Vodafone, right?" Zhang Junfeng pretended to be late to speak and confirmed with the other party. "That's right! Currently, the operating rights of Orange are one of the main 'battlefields' for our competition with Vodafone. We are willing to acquire all the shares (of Orange) held by Comet Capital at a premium of 5% based on the current stock price of Orange!" Charles Foster boasted that he had offered a considerable price. He didn't think that Zhang Junfeng, the young head of an Asian financial institution, would be more difficult to deal with than the old man from Hong Kong he had met before.

After hearing the other party's offer, Zhang Junfeng couldn't help but be tempted. This offer was indeed at his psychological price. After all, it had not been long since they transferred the money they cashed out from those Internet technology companies in the United States to the European market, and they were able to reap a profit of 40%-50%. Compared with last year's financial crisis, the profit was not much different!
"I have already appreciated Mannesmann's sincerity, but can the purchase price be raised a little bit? For example, an 8% premium!" Zhang Junfeng told the other party about his requirements with a bright smile. Since it was an acquisition negotiation, it was natural to bargain, in order to gain more benefits while also reassuring the other party.

"8% premium, I'm afraid this price is hard for the company's top management to accept!" Charles Foster said with difficulty, but he was already very happy in his heart! Just as he expected, this young guy Zhang Junfeng was much easier to deal with than Li Jiacheng. As long as this order can be successfully won, he, the great hero, will definitely be reused and rewarded by the company after he returns.

……

After several minutes of bargaining, Zhang Junfeng finally successfully negotiated the acquisition price with the other party at a 6.5% premium, and signed a share transfer contract in the conference room.

According to the provisions of the share transfer contract, Mannesmann will transfer the purchase funds to the overseas bank account designated by Comet Capital before 1 p.m. today. After the funds arrive, the shares held by Comet Capital will be delivered within half an hour.

……

Seeing that his mission was successfully completed, Charles Foster was in a good mood and chatted with Zhang Junfeng and others. "Mr. Zhang Junfeng is so young and promising, and he is also a big shot in charge of a powerful financial institution like Comet Capital. It's really enviable!"

"Mr. Foster, you're welcome. If you hadn't come, I'm afraid the shares held by our Comet Capital would not have been sold at such a high price! If Mr. Foster has time later, I hope to have lunch with Mr. Foster~!" Zhang Junfeng was very generous to invite this foreigner who brought him hundreds of millions of euros in profits to have dinner with him, and to see if there is any possibility of cooperation in other areas in the future.

However, Charles Foster was not interested in the dinner proposed by Zhang Junfeng. He just tactfully said that he planned to return to the hotel to rest and then take the evening flight back to Europe. Hearing that the other party's schedule was so tight, Zhang Junfeng did not try to persuade him to stay. He just wished him a safe journey and arranged for his subordinates to take him back to the hotel.

(End of this chapter)