Chapter 36 Finalizing the Cooperation

"Jason, are you ready?" Li Renyuan asked again and patted Yang Cheng on the shoulder.

Yang Cheng was taken aback, and looking back, his brain, which had just been paralyzed by alcohol, started working instantly, and secretly said damn it, forgetting to talk about business tonight, "It's pretty good, Sister Fuzhen's hotel is well run, and the food is good. The taste is stronger than Marriott."

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

Silla incorporates a lot of local Korean specialties. Isn’t it just to eat authentic and fresh food? Although I didn’t eat a few bites, Yang Cheng still gave it a high evaluation.

"As long as you are satisfied, I will add a bonus to the chef tonight." Li Fuzhen drank a few glasses of red wine, her face was flushed with intoxication, and she stopped talking. At this time, she looked no different from ordinary women. What a 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, got up and said, "Okay, where are you going?"

"Here, there's a lounge upstairs."

Following Li Renyuan around the dining table and walking towards the stairs along the side corridor, Yang Cheng also found that the president of CJ was also following behind. Could it be that Lotte is going to pull in the partner?

A group of three people came to the lounge on the second floor through the stairs. The decoration here is in the same style as the banquet hall, but a lot of warm-colored furniture has been added to create a more comfortable and relaxed atmosphere. Yang Cheng didn't bother to look at the decoration here. After sitting down, he said to the waiter beside him, "Please bring me a cup of green tea."

Li Renyuan and Sun Jingzhi ordered coffee, chatted for a while, waited for the waiter to deliver drinks, closed the door and exited, the atmosphere was solemn.

"Jason, I called President Sun up 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 were on Yang Cheng from the beginning to the end, as if appreciating and considering.

"I can probably guess, but with all due respect, what is the purpose of bringing in CJ? To share the risk? If so, then I can only say that I overestimated Lotte's strength." Yang Cheng was merciless and disregarded And Sun Jingzhi was present, so he questioned directly.

He not only expressed dissatisfaction, but also put pressure on Lotte. This cooperation was proposed by me. It seems a bit illegal to drag people on board without my consent.

Sun Jingzhi 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 said, this little fox will definitely blow his hair."

Sun Jingzhi smiled and shook his head, trying to smooth things over, "Jason, don't worry, let Renyuan finish." He is about the same age as Li Renyuan, and there is no difference in status, so they treat each other as equals.

"Actually, you are right. The main purpose of attracting CJ is to share the risk. After the meeting that day, I went back and asked someone to make a simple estimate. If you want to win Hershey, you must prepare at least 6 billion to 8 billion US dollars in cash. Even Lotte wouldn't dare to gamble with a large amount of money, even if you Yuanshan bears a part, transfer it to Lotte to pay in installments, the pressure is too great, we can't afford to gamble."

Li Renyuan's words surprised Yang Cheng, "Are you still planning to take full control?"

Are you crazy? In Yang Cheng's plan at the beginning, he didn't plan to take a full shareholding. In order not to cheat Lehman so much, Hershey's market value now exceeds 20 billion U.S. dollars. It's enough for them to drink a pot, so Yang Cheng's plan from the beginning is to help Lotte obtain the status of major shareholder. If they want to acquire in the future, they can plan it slowly.

But looking at this posture, it is obvious that one step is in place, and not only the holding, but also the delisting of Hershey to complete the privatization, no wonder they have to pull in CJ, because if the acquisition fails, it will be backlashed by Lehman, and Lotte's cash may not be good. The flow would be completely cut off, and the entire group would be in danger of collapse.

MMP, I haven't counted Lotte's ambitions, so I'm really not afraid of being overwhelmed.

With the confidence of Lehman, he only dared to use AB InBev for mergers and acquisitions instead of holding 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 to form a new company, and the shareholders of each other are converted into shareholders of the new company. This is a merger.

The acquisition is to buy back the shares in the hands of shareholders with money. From now on, this company will only belong to the acquirer and has nothing to do with your original shareholders. It’s not that they can continue to guarantee their own rights and interests. If they just want money, they don’t get a single point. They all belong to Hershey School, and the trust committee is just an escrow agency.

So in Yang Cheng's view, Lotte is purely whimsical. Just about to open their mouths to break their unrealistic fantasy, after thinking about it, this is also a good thing. Their intention to acquire proves that they are ready to head-on with Lehman. , isn't this exactly what Yang Cheng wanted?

Moreover, with the addition of CJ, the combat power has skyrocketed. Don’t forget that CJ Group was born out of CheilJedang. It started as a food company. It also has a pivotal position in the food field. It has always been known as the eleventh largest consortium in South Korea. Strong, definitely not to be underestimated, and with Yuan Shan making trouble for Lehman behind the scenes, it's really hard to say who will win.

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

Li Renyuan and Sun Jingzhi didn't know that Yang Cheng's mind had turned 18 turns just after a while. Seeing that Yang Cheng agreed, he also laughed, "Haha, that's right, cooperation can win-win."

Yang Cheng, on the other hand, cooperated with dry laughter without emotion, and the ghost will win with you.

"Now that the cooperation is settled, 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. Be sure to keep it confidential.

In addition, President Li, I have cooperated with lotte to develop the land in Seoul Forest, and the project can also be approved, so don't fight for the income. I won't take advantage of you, and you don't let me suffer. The point is to be good. company. "

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

In the next half an hour, the three of them 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 need it?

After leaving the VIP room, Li Renyuan walked ahead to make a phone call to assign tasks, while Yang Cheng dragged behind, chatted with Sun Jingzhi, licked his face and said, "President Sun, I established an entertainment company in Korea. CJ Entertainment has always been I am a leader in the Korean entertainment industry, with our current partnership, you should support me a lot."