Chapter 092: Happy Cooperation

Jiang Feng didn't want to get involved in General Motors' acquisition of Daewoo, in addition to the fact that he didn't want to have a conflict with the giant General Motors, the other was that he didn't have that power at all. If he wants to compete with General Motors, he will certainly need no less than a billion dollars. However, at this time, even if all the funds invested by Jiang Lingyu in the international crude oil futures market are withdrawn, plus the funds he obtained through this World Cup, he is only qualified to participate in the bidding, and it is not a victory at all.

Besides, even if he was lucky enough to win over General Motors and buy Daewoo, he would have no other money to use to restore Daewoo's production. With the current situation of Daewoo, there is no way to sustain it at all, so it is a pure waste of money.

There is another point, that is, Daewoo Automobile's reputation in the mainland of China is really not very good, and there is no future for buying it, let alone money. Moreover, Jiang Feng didn't plan to ask for the Daewoo brand.

All he needs is Daewoo's production line and R&D center. After all, his car company had just been built, and it had only imported two production lines from Ford.

And Kim Seon-hye's eagerness was just a rush to the doctor. He hoped that Jiang Feng, a person from the [China] country, would be stupid and have a lot of money, and buy the now devastated Daewoo at a high price, so that the Jin family could withdraw from it.

"Mr. Kim, I know that Daewoo is in a dangerous situation right now, and I also know that General Motors is negotiating a merger with you. However, I had no intention of getting involved in the GM merger competition, because I knew I didn't have that strength. So, I'm just hoping to be able to buy some of your Daewoo properties. Jiang Feng said.

Listening to Jiang Feng's words, Jin Shanxia looked a little disappointed.

"I wonder which industries in our Daewoo are interested in Mr. Jiang?" Kim Sun-hyeong thought about it and asked.

"I would like to buy your Daewoo car factory, automotive design, engineering, R&D, sales, marketing, and administration in Bupyeong." Jiang Feng said.

The current Daewoo car is like an "extra-large centipede" that dies but does not stiffen. Daewoo Motors has a series of competitive products, a maturing technology research and development network, as well as its own brands that have invested a lot of money and time in many countries and regions, as well as a relatively large and perfect marketing network laid in many emerging automobile markets, which is the objective capital for Daewoo to bargain, otherwise Ford Motor of the United States would not have fought with General Motors halfway.

Judging from the trend, Daewoo Motors will eventually be dismembered, that is, three large car factories in South Korea, two large commercial vehicle factories (trucks, buses) and more than a dozen automobile factories of different sizes throughout the country will eventually be divided and eaten by a number of auto giants, each with its own needs, including bus factories, engine factories and parts factories located in China.

For example, GM and Ford in the United States are only interested in Daewoo's domestic and foreign sedan-related factory feelings, France's Renault and Sweden's Volvo are only interested in Daewoo's Daewoo Commercial Vehicle Plant in South Korea, and the recent news of Germany's Volkswagen and Britain's van factory acquisitions are interested in a small part of Daewoo's business.

In any case, the external forces are willing to share and eat Daewoo, and the Oak Bank is also willing to sell the excess money and make the best use of it. GM also hopes to avoid the bundling and tying of the Korean side when it gets the part it wants most, so as not to waste more money and have to bother to deal with the "second-hand goods" that it doesn't want, although other businesses are only six small heads of Daewoo Motors, "but hundreds of millions of dollars are not a small number."

It was precisely because Jiang Feng saw this idea of General Motors that he decided to attack the automobile factory, automobile design, engineering, research and development, sales, marketing and administrative department of Fuping. …,

"Huh? However, since our automotive design, engineering, R&D, sales, marketing, and administrative departments in Fuping are the target of General Motors' acquisition, Mr. Jiang, didn't you say that you don't want to have a conflict with General Motors? Seeing that Jiang Feng was down to business, Kim Shan Hyeong quickly entered the corner.

"Hehe, Mr. Kim, I think you Daewoo's car design, engineering, R&D, sales,

The market and administrative department are not limited to Fuping, without Fuping, General Motors can choose one of your other more than ten related departments. I don't think GM will hold a grudge against me for being such a small person. Jiang Feng said indifferently.

In fact, in Jiang Feng's memory, General Motors did not eventually acquire Daewoo's factory in Bupyeong, and these Daewoo industries in Buyeong were eventually reorganized into Daewoo Incheon Automobile Company and became an independent automobile company to provide complete vehicles for General Motors.

Kim Shan Xie was silent, he knew that what Jiang Feng said was the truth. Daewoo Automobile Company has always paid great attention to the investment in research, and in the era of Kim Woo Chung, Daewoo's annual expenditure on scientific research has been about 3% of Daewoo Group's total sales, which is a very high percentage. In particular, in the year when it invested the most, it was even as high as 4 percent, the scientific research funding exceeded $1 billion, and the number of personnel engaged in scientific research reached a terrifying 17,000.

Although these personnel have been laid off in large numbers due to the collapse of Daewoo in the past three years, until now, there are still many scientific research units that remain, and General Motors has a lot of choices.

"Mr. Jiang, can you tell me about your plan?" Kim asked.

"Okay, that's no problem at all, I plan to buy all of your Daewoo Group's properties in Fuping at a price of about 100 million US dollars." Jiang Feng said.

"Mr. Jiang, this can't be! Our Daewoo industry in Buyeong is worth no less than 500 million US dollars! Kim Shan Xie said loudly.

Jiang Feng waved his hand and said, "Mr. Jin, I know how much your Daewoo has invested in the two places, but can the current situation be measured by your investment?" Judging from the current situation of these industries, without a large amount of capital investment, they will not produce any benefits at all. In fact, I've already paid a lot of money, at least, I'm much fairer than GM. GM bought your company's nearly $10 billion property for only $400 million. ”

On April 30, South Korea's Daewoo Motors Corporation, Daewoo Motors' creditor group, and General Motors of the United States signed a formal agreement on April 30 to sell Daewoo Motors to General Motors of the United States. According to the agreement, the three parties agreed to establish a new company, in which General Motors holds 42% of the shares, Daewoo Motors claims 33% of the shares, and the remaining 25 shares are held by General Motors' partners. General Motors will contribute $400 million to the new company, and Daewoo Motors' consortium will contribute 1

$900 million. The new company will provide a $1.2 billion worth of redeemable long-term preferred stock to the syndicate, which will provide a $2 billion long-term loan to the new company as working capital. The new company will also assume $573 billion in debt from Daewoo Motors.

Kim Seon-hyeup was silent again. Today's Daewoo, without huge investment, cannot produce at all, nor can it generate any benefits.

In the end, Jin Shanxia still compromised, he stretched out his hand towards Jiang Feng, and said, "Mr. Jiang, you won." However, I still have to send someone to negotiate with your people about the specific acquisition. Jiang Feng nodded and said, "This is natural, professional things have to be handled by professional people." "I wonder if there is anything else going on with Mr. Jiang?" If not, I'll take my leave. Although Jiang Feng acquired a hot potato from Daewoo, because of the previous unpleasantness, Kim Shan Xie still had some resistance to Jiang Feng in his heart and didn't want to stay with this guy longer. …,

Jiang Feng smiled and said, "There is nothing else to do, but, Mr. Jin, do we still have grievances in the future?" "Grievances in the future?" Jin Shanxia was stunned for a moment, and then remembered the cruel words he put down just now, and couldn't help but smile a little embarrassedly, and said, "Mr. Jiang, I'm sorry, I was rude just now."

I promise that no one will trouble Ira in the future. Jiang Feng nodded, stretched out his hand to Jin Shanxie, and said, "Happy cooperation!" Kim Shan Xie also shook Jiang Feng's hand and said, "Happy cooperation!" ”

Kim looked at Ira again, who was standing cautiously on the side, and then turned around and went out with the bodyguards. Although he has some feelings for Ira, this feeling is basically based on his desire for Ella, and he doesn't really love Ella much.

In his opinion, Ira definitely can't be compared with 100 million US dollars, not to mention that Jiang Feng's acquisition also solved a large amount of Daewoo's debts and a lot of expenses.

In the face of huge interests, the woman Ira has no attraction at all. In his own words, as long as he has money, what kind of woman can't he get? The reason why he treated Ira like that before was just because of a dark and evil thought that existed in his heart.

"Jiang Feng, how did you do it?" Ira watched Kim Shanxie leave, stunned for a while, and then jī moved into tears, threw herself into Jiang Feng's arms, choked and cried loudly, "Thank you, thank you, really thank you Jiang Feng woo, I, I finally let it go, finally ...... it."

Feeling the soft body of the lovely nephrite in his arms, and smelling the sweet fragrance of yòu people emanating from her, Jiang Feng couldn't help but feel unbearable. But how rude is it for a man to push a woman away when she is sad and crying? Therefore, while Jiang Feng forced himself to be calm, he patted Ella's back with excitement, and said with a wry smile, "Don't cry, Miss Ira, it's a good thing to be free, why are you crying so sadly?" "Yes...... Sorry no...... woo, me, I really...... I really didn't think of it...... There will be such a day when I will cry with joy and cry. Jiang Feng, it was you who gave me the freedom to save me again. This, these friendships, I don't know how to repay them..."Ella wiped her tears and looked at Jiang Feng in her arms, and said with a sense of emotion, "Your great kindness, I really can't pay it back in my life." ”!。