Chapter 1179: The Dark Tide Stacks

Chapter 1179: The Dark Tide Stacks

……

After this integration, only four of the twelve wholly-owned subsidiaries of Daewoo Group remain: Daewoo Heavy Industries, Daewoo Automobile, Daewoo Marine Shipbuilding and Daewoo Electronics!

The remaining eight Daewoo subsidiaries, except for Daewoo clothing being sold by ****, the rest have been added to their own corporate clusters.

After this addition, among the 25 groups under ****, except for the newly established Lejia Group, as well as the non-profit-oriented Hanhua Fund and the short-established Hanhua Investment Management Company, the remaining 22 companies have total assets of more than 1 billion US dollars!

Among them, there are eight companies with total assets of more than 4 billion US dollars: Dongchao Group, Jiahua Group, Huayang Group, Oriental Iron and Steel Group, Dingsheng Fund, Darren Group, Hanhua Commercial Bank, and Cathay Pacific Airways!

With total assets of more than or close to $10 billion, there are Matrix Media Group, Katjuna Petroleum Company, Kodi Mining Group, Pacific Petroleum Industries, and Daewoo Group!

Originally, Daewoo Group had assets of $28 billion.

However, Daewoo Electronics was sold by ****, one-third of Daewoo Heavy Industries' business was sold by ****, Daewoo clothing was all sold, and only four of the twelve subsidiaries were left Daewoo Group's assets shrunk by more than half. This also caused the assets of Dongchao Group, Jiahua Group, Huayang Group and other companies that enjoyed the fruits of Daewoo's victory to skyrocket.

After talking about Daewoo Group, in the end, there is the standard Standard Chartered Bank, which has the highest market value among the **** companies!

In the past year or so, Standard Chartered's market capitalization has reached $82.6 billion, driven up by a series of acquisitions. However, in order to raise funds for the acquisition of Daewoo Group, **** originally held nearly 90% of the shares, but now only 50 are left. 1%。 Kankan has a controlling stake in Standard Chartered Bank.

If you calculate it in this way, the net worth of **** should be no less than 120 billion US dollars! However, if you deduct the $12 billion he owes ********, the $21.8 billion he has signed with the South Korean government for the acquisition of Daewoo Group, and the nearly $10 billion in interest that will be paid in the next ten years. After deducting the $3 billion owed to Bank of America for the acquisition of Unocal, ****'s net worth instantly shrank to $70 billion!

If you subtract the past three years, Dongchao Group, Jiahua Group, and Huayang Group have developed for the company. As many as 50 billion Huaxia dollars of loans from domestic banks, plus interest, the net worth of **** will shrink by 5 billion US dollars!

However, being able to go from a net worth of less than $10,000 to a super-rich man of $65 billion within three years is enough to be proud of!

"However, this time, in order to acquire Daewoo Group and Unocal Company, the money I prepared on me has also been completely spent!" I thought to myself.

It's been more than a year. He sold off his stake in Standard Chartered Bank and sold his own gold, raising a huge amount of about $45 billion!

As a result, 30 billion was used to acquire Daewoo Group, 10 billion was used to support the follow-up development of Daewoo Group, and 5 billion was used to acquire Unocal Company!

Up to now, in addition to the 'pocket money' of tens of millions of Huaxia coins, **** can be regarded as penniless!

But thankfully, now all the goals he had planned have been achieved. So after spending the money, **** has nothing to regret!

is in **** with Feng Jianhui. And Li Rong discussed the integration plan of Daewoo Group, as well as the future development of the group, and was busy reviving Daewoo Group. The news of Han Ventilation's acquisition of Daewoo Group finally broke out in South Korea and even around the world.

First, South Korea's JoongAng Ilbo published a front-page headline about the change of ownership of the Daewoo Group, followed by Chosun Ilbo and SBS Radio. Almost all influential TV stations, newspapers and other media in South Korea, whether economic, political, or entertainment, have exposed the news of Daewoo Group's acquisition in less than three days.

And. Soon, this storm in the economic circles quickly blew from South Korea to the world, and China's Central Television, People's Daily, Reuters, The Times, and Sky TV in the United Kingdom, France's Agence France-Presse, the Wall Street Journal, the Washington Post, CBS, and many other world-class media giants in the United States all exposed the news of the acquisition of Daewoo Group at the first time.

As the acquirer, Han Ventilation Investment was put under a magnifying glass by everyone.

Naturally, as the only two controlling persons of Hanfeng Investment, Hanhua Group and ******** were also picked up.

However, what is unexpected is that in mid-June 03, less than a month after the news of the change of ownership of Daewoo Group was exposed, when the reporter found Will Harrington, the head of the investment department of the American ********, the other party's answer was: 40% of the shares of Hanfeng Investment held by them have been sold to Hanhua Group.

At this moment, Hanhua Group suddenly stood on the cusp of public opinion all over the world.

"Damn the Rockefellers!"

Looking at Will Harrington talking eloquently on TV, **** scolded in his heart.

He could guess that the reason why Will Harrington dared to say this must have been instructed by Steven Rockefeller, or Eric Rockefeller, the master of the Rockefeller family!

However, when he handed over that half of the map to the Rockefeller family, he had already guessed that there would be today. But **** didn't expect it to come so quickly. I didn't expect the Rockefeller family to be so resolute.

"Sizzle......!"

After taking a breath, his brow furrowed tightly.

Now without the Rockefeller family's powerful deterrent 'tiger skin' on its body, the slightly weaker Hanhua Group will be directly exposed to the eyes of many greedy people to meet more stormy challenges.

"Fortunately, now that the two acquisitions of the United States and South Korea have been completed, the biggest problem has passed. The next thing is 'the soldiers will block the water and come to the earth', see who can laugh at the end! After muttering to himself, the **** showed a look of determination on his face.

"Chairman, no!"

At this moment, Feng Jianhui walked in with an anxious expression.

"What's going on?"

It must be extraordinary to be able to make Feng Jianhui, who has always been calm and steady, so panicked.

"Just got the news. It turned out that more than 1,000 laid-off employees of Daewoo Electronics had gathered outside the South Korean government office building to protest our acquisition of Daewoo Group. In addition, many members of the South Korean parliament believe that the cabinet is detrimental to the stability of the Korean economy by selling Korean private enterprises to foreign companies, and they are preparing to convene a parliamentary discussion. And ask the president to change the resolution! In addition, I have just received news from the United States that many members of the U.S. Congress also believe that the sale of Unocal to us has harmed the security of the U.S. national energy reserves. In addition, more than a dozen shareholders of the former Unocal believe that we used illegal means in the process of acquiring Unocal have now appealed to the U.S. Supreme Court, and it has been accepted, and we have also received a summons from the U.S. court! ”

"All the bulls, ghosts, snakes, and gods have jumped out!" Sneered.

"Chairman, now we have to come up with the means to deal with it as soon as possible. Otherwise, if these people's conspiracy succeeds, we will lose all our efforts, and we will lose billions, or even tens of billions of dollars! Feng Jianhui said anxiously.

"I know! Jianhui, you calm down first, although things are not good for us, it is not yet out of control. If we mess up ourselves now, I'm afraid no one will be able to help us! ”

Hear the words. After being stunned for a moment, Feng Jianhui hurriedly took a few deep breaths. His expression also became a lot calmer.

If it had been changed in the past, Feng Jianhui's emotions would not have gotten out of control as easily as they do now. The key is that now the integration of Daewoo Group, as well as the merger and division of dozens of enterprises under ****, a lot of work is piled up on the desk, all of which are handled by Feng Jianhui, so he is busy during this time. I can't sleep on a pillow, and I'm already in a hurry. Now that this has happened, it has completely confused him.

However, Feng Jianhui is Feng Jianhui in the end, and he has experienced many winds and waves in the world's top companies, and his ability is extraordinary. It is more worthy of the trust of ****.

By adjusting himself, he can also quickly regain his composure.

"Chairman, I'm sorry, my emotions are a little out of control!"

"It's okay, you're too busy during this time, and it's understandable that you're in an impetuous mood! Wait for this time, you go take a vacation and relax, I don't want people to sue me for abusing my employees! ”

After the words fell, **** waved his hand and motioned for Feng Jianhui to sit down, **** continued: "You don't have to worry about the affairs of the United States!" Later, I will personally call Guo Kai and ask him to hire the best lawyer team to fight the lawsuit for us. With our acquisition of Unocal a foregone conclusion, they can't afford to make much of a storm! And South Korea ......! ”

After a pause, after a deep sigh, **** said coldly: "You will visit Roh Moo-hyun and Prime Minister Ko Wei later to explain our positive development measures for Daewoo Group." We would also like to state that we do not intend to relocate the headquarters of the Daewoo Group from Korea. Secondly, send a message to all Daewoo Group employees who are still employed, and their salaries will start in July, which is exactly a 10% increase! In addition, we held a press conference to announce to the media that we have sold the vast majority of Daewoo Electronics' business to Samsung Electronics. Those who demonstrated were not Daewoo employees, but Samsung employees, who were laid off by Samsung and had nothing to do with our Daewoo Group. ”

“…… Finally, we announced to the whole of Korea that we will invest a huge amount of $10 billion in the company for the development of Daewoo Group after acquiring Daewoo Group and completing the integration of the group! We will inherit the legacy of Chairman Kim Woo's five-year plan and work hard to develop the Daewoo Group into a world-class large-scale business group! (To be continued.) )

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