"Yamato has borrowed this technique."
After thinking for a moment, Chairman Zheng Zhouyong of Yamato agreed and said to President Farshad.
Although the Yamato Group's acquisition of Kia Motors will have negative consequences, it's still better than Samsung acquiring Kia Motors.
. .... ....
If Samsung acquires Kia Motors, then the third and second place will merge.
By then, Samsung Motors will be Daiwa Motors' mortal enemy.
Therefore, it would be better to maintain a three-way split, so that Yamato Motors can still hold the number one spot.
"Thank you very much, Chairman Yamato."
After hearing that Chairman Zheng Zhouyong of Yamato had agreed, Miracle President Farshad took out the documents from his briefcase and handed them to Zheng Zhouyong.
Subsequently, the two signed multiple contracts, completing the deal that once Yamato acquired Kia Motors, it would be mortgaged to Miracle Company.
This avoids the regulations on direct foreign acquisitions.
...
"what?"
"Daiwa Motors is going to acquire Kia Motors?"
"And they offered a hundred billion?"
Upon hearing the report, Samsung Chairman Lee Geon-hee was immediately shocked and asked questions.
"Yes."
"I don't know where Daiwa Motors borrowed the money to acquire Kia Motors."
"Wasn't there a rumor that Daiwa was short of working capital before? And it was also rumored that he still had to repay bank loans."
When the president's assistant, Xu Jingxian, heard Li Jianxi's shocked question, he expressed his confusion.
Chapter 171 Even if it means going bankrupt, I will acquire Aqi Motors.
"We lost, we lost, we lost."
Upon hearing his assistant Heo Kyung-hyun's words, Samsung Chairman Lee Geon-hee slumped into his chair, his eyes vacant.
Even when faced with Miracle Corporation's acquisition of Kia Motors, he was able to use newspapers to fight back.
But what can he do to fight back against Daiwa Motors, which is ranked number one?
"President, why don't we give it a try?"
Seeing Samsung Chairman Lee Geon-hee like this, assistant Heo Kyung-hyun gritted his teeth and then offered Lee Geon-hee some advice.
"Bo?"
After hearing his assistant Heo Kyung-hyun say this, Samsung Chairman Lee Geon-hee looked up at his assistant and asked.
"Yes."
"Right now, Yamato Motors, which is known as 'Ichi-4-7', hasn't borrowed much money, so its asking price is 100 billion yen."
"So we sold Samsung Lifestyle Technology and raised 400 billion, plus 700 billion from real estate, and we had 1100 billion."
"That way, we can take over Kia Motors."
Assistant Heo Kyung-hyun thought for a moment, then directly suggested it to Samsung Chairman Lee Geon-hee.
"Row."
"Selling Samsung Life Technology, which was not very profitable, in exchange for the rebirth of Samsung Motors."
"This price was worth it."
After hearing what his assistant Heo Kyung-hyun said, Samsung Chairman Lee Geon-hee pondered for a while before making his decision.
"Then I'll go and do it."
"Then we submitted an acquisition offer to Kia Motors."
Upon hearing Samsung Chairman Lee Geon-hee's decision, assistant Heo Kyung-hyun turned to carry out his duties while speaking.
"Yamato, Yamato."
Why do you keep getting in my way?
After his assistant, Heo Kyung-hyun, left, Samsung Chairman Lee Geon-hee stood up and muttered a greeting to his arch-rival, Daiwa Chairman Chung Joo-yong.
...
Assistant Heo Kyung-hyun quickly released the news that Samsung Group was going to sell Samsung Lifestyle Technology to the public.
Upon hearing this, Miracle CEO Farshad immediately called Ni Yongjun.
"Hey, Mr. Ni."
"Samsung is selling Samsung Lifestyle Technology. Should we buy it?"
As soon as the call connected, Farshad's president asked Ni Yongjun directly.
"Direct acquisition."
"There's gold everywhere now, just pick it up."
Upon hearing this, Ni Yongjun smiled and agreed.
Because after the financial crisis, the Korean dollar plummeted, making it very valuable.
In addition, South Korea agreed to the IMF's request to allow foreign capital to acquire bankrupt domestic companies.
If Samsung Chairman Lee Geon-hee hadn't used newspapers to incite nationalism, Miracle Corporation would have acquired Kia Motors long ago.
Moreover, this trick can only be used once; its effectiveness is greatly reduced when used a second time.
.....
"Chairman, Miracle Corporation wants to acquire our Samsung Life Technology. Should we accept?"
When Chairman's assistant Xu Jingxian saw that Miracle wanted to acquire it, he couldn't make a decision, so he could only call Samsung Chairman Lee Geon-hee.
"Ugh."
"sold."
"Currently, only foreign companies can afford the price; other companies are like Samsung."
Upon hearing this, Samsung Chairman Lee Geon-hee made a painful decision.
He would never have sold to Miracle Company if there were other competitors.
Because Miracle Inc. has blocked Samsung too many times.
But nowadays, there aren't many companies on the market that have the money to acquire others like Samsung.
"Ok."
When Chairman Lee Geon-hee said this, Chairman Assistant Heo Kyung-hyun had no choice but to agree.
Then he turned and walked into Miracles Corporation, and went to the office of Miracles CEO Farshad.
"The president agreed?"
When Farshad saw the chairman's assistant Xu Jingxian walk in, he stood up and asked expectantly.
"Sign it."
The president's assistant, Xu Jingxian, did not answer; instead, he spoke directly.
Upon hearing this, the president of Farshad excitedly took out the contract, signed his name, and handed it to the chairman's assistant, Xu Jingxian.
After signing his name, Chairman's assistant Xu Jingxian accepted the check for 400 billion and then turned and left.
That afternoon, Chairman's assistant Xu Jingxian went to Kia Motors and submitted Samsung's application to acquire Kia Motors, with the acquisition price reaching 1100 billion.
The news shocked the public.
They never expected that Samsung would have the money to acquire Kia Motors. It truly lives up to its reputation as South Korea's top conglomerate.
“Li Jianxi, Li Jianxi.”
"If I were your opponent, I might lose."
"Then your opponent is Miracle Corporation, so you're doomed to lose."
When Daiwa Chairman Chung Ju-yong heard that Samsung had offered 110 billion won to acquire Kia Motors, he laughed heartily and said.
Samsung sold Samsung Lifestyle Technology to raise the funds.
Then they offered 100 billion more to acquire Kia Motors.
"President Farshad, Samsung has offered 1100 billion to acquire Kia Motors. What is your offer?"
Chairman Zheng Zhouyong smiled happily as he casually made a call to Miracle President Farshad.
Because this acquisition has nothing to do with him, and nothing to do with Daiwa.
So he saw his arch-rival going bankrupt to acquire Kia Motors, but little did he know that the opponent was not him, but an even more powerful miracle.
Chapter 172 What? 1300 billion? When did Yamato become so rich?
"1100 billion?"
"I'll miraculously offer 1300 billion, and I'll ask Samsung if they'll follow suit?"
Upon hearing this, Miracle President Farshad sneered and spoke directly to Chairman Zheng Zhouyong of Yamato.
"Miracle is truly amazing."
"I've benefited from this miracle and slapped Li Jianxi in the face once again."
When Daiwa Chairman Jeong Ju-yong heard Farshad's president directly offer 1300 billion yen, he said admiringly.
He originally thought the miracle would produce 1200 billion, because money in the market is worth so much now, that's why he thought so.
But to everyone's surprise, Miracle was incredibly wealthy and offered 1300 billion, a figure that left people utterly despairing.
He thought about Samsung Chairman Lee Geon-hee's reaction when he heard the number, and he wanted to burst out laughing.
1300 billion won would definitely break Samsung Chairman Lee Geon-hee's resolve and infuriate him.
That's why he said that he benefited from the miracle, and that he was ruthlessly slapping Li Jianxi in the face.
"It's just a small amount of money."
"Cooperating with miracles will bring Yamato many benefits."
Miracle President Farshad offered a few words of comfort to Yamato Chairman Jeong Ju-yong.
"I'll do it right away."
Chairman Zheng Zhouyong of Daiwa recalled the payment contract he had just signed, in which 300 billion yen was delivered from Miracle Company, which immediately boosted Daiwa's cash flow.
So he answered happily, then put down his phone and went out to raise his offer to acquire Kia Motors.
...
The Kia Motors shareholders were not surprised by the arrival of Daiwa Chairman Chung Ju-yong. He casually asked:
"Samsung offered 1100 billion, how much did Daiwa offer?"
"Is it still the same price as Samsung?"
It's no wonder they look down on Yamato; compared to the Samsung Group, Yamato is simply not up to par.
However, compared to Samsung Motors, Daiwa has always been number one, and by a wide margin.
When Daiwa Chairman Jeong Ju-yong heard Kia Motors' shareholders say this, he was neither surprised nor angry.
Because everyone has been competing in the automotive industry for decades, they all know each other inside and out.
He's just a car-making conglomerate, so how much money could he have? Do we even need to guess?
But this time, they were all wrong, because he was just a front man, helping Miracle Corporation acquire Kia Motors.
"Daiwa is offering 1300 billion yen to acquire Kia Motors."
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