Chapter 1172: Walkerhill

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"Even if the Daewoo Group is still in the hands of the government, can you be sure that Mr. President will be able to reverse the current decline of the Daewoo Group? Or will you be able to repay the remaining $63 billion of the bank loan before it expires? Even if it can, the $60 billion loan from the International Monetary Fund." I think it's more urgent than the Daewoo Group's arrears, right?"

The words undoubtedly struck the sore spot in Roh Moo-hyun's heart.

The $120 billion mess left by the Daewoo Group is like a sword of Damocles hanging over the head of the South Korean government! Billions of dollars in principal and interest every year weigh them down.

At present, what the South Korean government hopes most is to get out of the quagmire of the Daewoo Group as soon as possible! But they also do not want to sell the Daewoo Group at a low price, because after all, this was once the second largest enterprise group in South Korea, and even if it has declined, the essence is still there.

"$40 billion is definitely not going to work, otherwise I won't be able to account to the cabinet and parliament!" Roh Moo-hyun shook his head.

Hearing this, **** breathed a sigh of relief in his heart, he knew that Roh Moo-hyun's attitude had finally softened!

"$41 billion, no more!"

"$60 billion! Don't sell without that!" ......

Next, the two began to bargain like ordinary vendors in the vegetable market. In the end, $100 million became a point of contention.

It wasn't until half an hour later that the two people, who were arguing with dry mouths, finally came to an agreement.

"51.8 billion US dollars, acquired Daewoo Group by Hantong Investment Company, after the contract was signed. Immediate $30 billion in cash. The remaining $21.8 billion is to be repaid within 10 years. For every year of postponement, the interest will increase by 2%! Daewoo Group cannot be laid off for 3 years after it is acquired!"

Listening to the verbal agreement reached between **** and Roh Moo-hyun, Feng Jianhui said with joy: "Chairman, so our acquisition of Daewoo Group has been successful!"

"It should be considered a success, but we can't relax before the contract is officially signed!"

Such a huge transaction, and such a sensitive Daewoo Group. What will happen in the end, **** can't guess. You can only be fully prepared to deal with unexpected situations.

"Yes, chairman!" Feng Jianhui nodded hurriedly, but the joy on his face was still difficult to suppress.

It is no wonder that he is so happy that if he can annex Daewoo Group, there will be a multinational super enterprise with a market value of nearly $30 billion under the Hanhua Group.

What's more, the 12 large companies that are still controlled by the Daewoo Group are on a good footing despite being tormented by the economic crisis. Just put some money in and get them running. Then these enterprises will be able to continuously create profits for the GCA Group.

Of course, this part of the investment will not be less!

However, Feng Jianhui, who understands the layout of ****, has full confidence in his boss.

……

Walkerhill is located on the 139-acre Mount Asa, in the northeast of Seoul, South Korea, away from the hustle and bustle of the city, and enjoying the fresh air that is unique to the suburbs.

Walkerhill has long been the cradle of Korea's tourism industry, located on the banks of the Han River, the most beautiful scenery in the northeast of Seoul, surrounded by pollution-free and fresh nature, and is Asia's first six-star hotel integrating food, leisure, entertainment and shopping.

Most of the guests who come to Walkerhill are Japanese, accounting for about 65% of the hotel's guests.

Kenji Yasuda is one of the 65% of Japanese guests, and he is also the most noble among them. As a descendant of the Yasuda family, although he has no chance of inheriting the patriarch of the family. However, his outstanding ability made him the president of the Kubota Group, Japan's largest agricultural machinery manufacturer.

The reason why he came to South Korea this time was also to allow Kubota to acquire Daewoo Heavy Industries, a subsidiary of the Daewoo Group.

Daewoo Heavy Industries' products have always represented the development level of Korea's machinery industry, especially in the fields of diesel engines, excavators, industrial vehicles, automatic machine tools, and industrial robots.

Daewoo diesel engines are widely used in national defense, aviation, vehicles, ships, construction machinery, and generator sets, and are recognized by the world for their small size, light weight, strong anti-sudden load capacity, low noise, and economic reliability.

With the acquisition of Daewoo Heavy Industries, the Kubota Group will be able to become a comprehensive heavy industry group spanning agricultural machinery, heavy construction machinery, and industrial machinery.

At that time, Kenji Yasuda, as the president, will naturally rise with the healthy expansion of the company.

Maybe you can even enter the eyes of the family elders, and then get a glimpse of the throne of the patriarch of the Yasuda family!

Of course, this is a small chance, but this does not prevent Yasuda from working his plan.

However, the coming to power of South Korean President Roh Moo-hyun gave Kenji Yasuda, who was originally full of confidence, a blow to the head.

It is clear to all high-level Japanese political and economic leaders that Roh Moo-hyun's attitude towards Japan is full of disgust. With him in power, even if the Fuji Foundation has deep roots in South Korea's political and economic circles, if it wants to win Daewoo Heavy Industries, I am afraid it will be ten times more difficult on the original basis.

Moreover, what made Kenji Yasuda even more annoyed was that just as he was trying to figure out how to deal with Roh Moo-hyun, the news that the Daewoo Group was about to become famous reached his ears.

"Knock knock ......!"

"Come in!"

"Squeak......!"

With a slight and slightly hoarse grinding sound, a young man in a black suit, a slightly shorter, and extraordinarily respectful expression pushed the door and walked in.

"President, Mr. Durant of GM Group has arrived!"

"Arrived?"

Kenji Yasuda was shocked, and quickly stood up, "Let Mr. Durant wait in the living room for a while, and I'll clean up and go over to see him immediately!"

"Hay!"

After bending almost ninety degrees, the young man respectfully withdrew.

And Yasuda Kenji quickly cleaned up the documents on the desk, took a few copies from them, and then sorted out his appearance in the mirror, and after seeing that there was nothing missing, he straightened up and strode out of the door.

When he came to the living room, he also saw a middle-aged white man sitting on the sofa at the moment, with a calm expression and a thoughtful look in his eyes.

"Mr. Durant, welcome!" said Yasuda as he stretched out his right hand with a smile on his face.

"Mr. Yasuda!"

"You may be seated!"

"Please!"

"I wonder why Mr. Yasuda personally called me to come here this time?" El Durant had just sat down, and he had already asked directly.

For a long time, the Durant family, who runs General Motors, has had little financial dealings with the Yasuda family, one of Japan's six major chaebols, let alone friendship. There is even competition because of Nissan Motor, a subsidiary of the Fuji Foundation. This unexpected invitation from the other party really surprised him.

And the reason why Durant was invited over this time was also to probe Kenji Yasuda's tone and see if they also fell in love with Daewoo Motors.

If this is the case, then GM will have to add a strong opponent if it wants to annex Daewoo!

From El Durant's words, Kenji Yasuda also sensed a trace of caution in the other party's words. However, he has little interest in Daewoo Motors.

"This is the information I just got, Mr. Durant might as well take a look at it first!"

In order to avoid unnecessary misunderstandings between the two, Kenji Yasuda also simply went straight to the point!

And curiously took the information in his hand and put it in front of him to look at it twice, Durant's originally calm face immediately became shocked.

After a long time, he took a long breath, put down the document, and said with a solemn expression: "Mr. Yasuda, are all the things on this real?"

"It's true!" Kenji Yasuda nodded earnestly.

"It doesn't make sense, how could the Rockefeller family target the Daewoo Group?" Durant frowned, a look of confusion on his face.

Whether the Rockefeller family wants to enter that industry, the current Daewoo Group is not the best choice. Moreover, he did not hear any news from within the family.

"According to our investigation, the person who is eyeing the Daewoo Group this time is not the Rockefeller family, but this person!"

"Dong Liu!" El Durant wondered as he looked at the photo that appeared in Yasuda's hand.

With the rising influence of **** in the economy, he is no longer an unknown person in the global rich circle. Moreover, whether or not Daewoo Motors can be acquired this time is related to whether General Motors can defeat the Ford Group and become the world's No. 1 auto group in terms of sales, so Durant has done a detailed investigation on any forces that covet Daewoo Motors and Daewoo Group.

The Hanhua Group is one of them.

"That's right, it's this ****. According to the information we have received, he is the one who really wants to buy Daewoo Group, and the Rockefeller family has only one ******** the president of the Korean branch involved. This is obviously more of an element of coping, otherwise how could the Rockefeller family not send important people to the scene in the face of a huge deal of more than $30 billion?" said Yasuda Kenji with a smile.

In fact, he wasn't sure if the Rockefellers were actually involved in the acquisition. However, through the observation of the past few days, the vast majority of those who actively participated in the acquisition of Daewoo Group were people from Hanhua Group. The elite of the Rockefeller family, except for a few, did not move much at all.

This can't help but make Kenji Yasuda have more speculation and also give him bolder ideas.

……………………………………………………………………………………………………………………………………………………………… (To be continued.) )

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