Giant of the times

Chapter 401 Samsung Chairman

Regarding JK Rowling's matter, Li Zetian didn't think much about it. After making arrangements, he continued to pay attention to the follow-up development of the Asian financial crisis.

Soros's final attack on Russia was met with a disastrous defeat and considerable losses, and the Asian financial crisis came to an end.

In early July, Li Zetian sent people to formally launch an acquisition offer to Samsung Group and Lotte Group.

The night of the 3rd.

In the living room, Li Zetian and others were chatting.

Li Zetian sat on the sofa, eating melon seeds, and said with a smile: "Jingqiu, Yuqin, I plan to go to South Korea! Haha, buying Korean companies is such an interesting and shameless thing, how can I not go there myself? ?”

Dongfang Yuqin said: "If you go, it will definitely attract the attention of the Korean media."

Yu Jingqiu joked: "If too many companies are acquired by you, the Korean people will definitely lose face. I estimate that the Korean media will definitely report that you are actually Korean, not Chinese..."

Hearing this, Li Zetian's mouth twitched and he was stunned for a moment.

Yu Jingqiu shrugged and said with a smile: "Korean people say that Confucius is from Korea, and they are planning to use the Confucius Ceremony to apply for a world cultural heritage. They also say that movable type printing was first invented by Koreans and their ancestors, and even Chinese characters are also Korean. People invented it! Haha, if they insist on saying that the famous world’s richest man Chronos Li is also a Korean, I won’t be surprised at all!!”

When Li Zetian heard this, he couldn't help laughing and laughing, and then jokingly said: "South Korea is really terrible! Everything is Korean, and the universe is Korean!"

As soon as Li Zetian finished speaking, Dongfang Yuqin and Yu Jingqiu also laughed.

The next morning, Li Zetian took a private plane to South Korea, while Dongfang Yuqin stayed in the United States to do other things, such as cashing out Internet company stocks as soon as possible.

After about eleven hours of flight, Li Zetian arrived in Seoul, South Korea.

Seoul is the capital of South Korea, formerly known as Seoul. It is the tenth largest city in the world, the largest city on the Korean Peninsula, and one of the major financial cities in Asia.

Seoul, which was once very prosperous, is now a bit bleak.

"Mr. Li, I heard that Koreans don't hesitate to donate their gold and silver jewelry in order to save the country's economy!" said a new assistant next to Li Zetian.

"Well, it seems so." Li Zetian nodded. He also saw the news in the newspaper and couldn't help but sigh a little.

"However," Li Zetian paused and said, "for the financial crisis South Korea is facing, the gold donated by the Korean people is just a drop in the bucket! In fact, in my opinion, there are not too many Koreans donating gold. After all, many people are very selfish. However, the South Korean government widely publicized the fact that some people donated gold. The purpose is to boost morale, increase cohesion, and enhance people's confidence in getting through this financial crisis!"

While chatting, we soon arrived at the hotel where we were staying.

After eating a sumptuous Korean meal in the hotel, I was ready to go back to my room to rest for an hour or two.

South Korea is 13 hours ahead of the United States, and it is still broad daylight in Seoul at this time.

"Mr. Li, the appointment time with Samsung Chairman Li Kunxi is at 12 o'clock noon, Seoul time." said the new assistant.

"Okay, I understand. Let me know when he comes."

In fact, Li Zetian is not very tired, but in order to adjust to the time difference, he plans to sleep for a while now.

A few hours later, a bell rang at the door to the room.

"Mr. Li, President Li is here and is waiting for you in the small conference room of the hotel!"

"Okay, I'll be there right away." Li Zetian responded, got up from the bed, washed briefly, tidied up his clothes, and then opened the door for the appointment.

Soon, Li Zetian walked into a luxurious conference room!

"Hello Mr. Li!!!"

Just as Li Zetian pushed the door open, a middle-aged man stood up and walked away towards Li Zetian with a smile.

Li Zetian looked him up and down. He was of medium build, slightly fat, and had nothing out of the ordinary about his appearance, but this person should be Li Jianxi.

At this moment, Li Jianxi looked very haggard. The bankruptcy of Samsung had made him mentally and physically exhausted!

"Hello, Mr. Li Jianxi!" Li Zetian smiled, stretched out his hand, and shook hands with him.

The two briefly greeted each other and sat down.

"It's already noon, otherwise let's have lunch and chat. The Korean food in this hotel is very authentic and will definitely make you have endless aftertaste!" Li Jianxi said.

"Okay, I got what I asked for!" Li Zetian responded.

After ordering, Li Jianxi sighed slightly: "Oh, I didn't expect that a financial crisis would suddenly break out in Asia, leading to the bankruptcy of Samsung!"

After speaking, Li Jianxi glanced at Li Zetian with a profound look.

Originally, Samsung could survive. But for some reason, Samsung seemed to be targeted and suppressed, which eventually led to bankruptcy.

And now, Li Zetian suddenly wants to acquire Samsung, which has to make Li Jianxi think a little bit.

Could it be that the person behind the scenes targeting Samsung is Li Zetian? !

Li Zetian was very calm, there was no wave in the ancient well, he held the tea cup and tasted it slowly. Even though Li Jianxi knew that Samsung was brought down by Li Zetian, he was helpless. At present, Samsung is about to be split up and auctioned by the bank. Lee Kun-hee, the unscrupulous descendant, has failed to save his ancestral industry. He feels extremely ashamed. If he can sell Samsung to a powerful new boss, he will be worthy of those who have been working hard for Samsung. employees so that they will not lose their jobs. Of course, being able to sell it at a high price is also a reason.

Obviously, Li Zetian, the new boss of Samsung, is the most suitable!

Soon, Korean delicacies were served, including kimchi smecta.

The two continued to chat while eating.

I had said a lot of polite words before, but now I finally got to the point.

Li Jianxi was the first to speak. He did not expect that Li Zetian was more patient than him, "Mr. Li, how do you plan to acquire Samsung?"

"Samsung's debt ratio is very high, so I naturally choose a debt-based acquisition!" Li Zetian said calmly. Acquisitions can be divided into debt-based acquisitions and non-debt-based acquisitions. The former assumes the debts of the acquiree, while the latter does not. Debt-based acquisitions require the debt of the other party to be borne, so the purchase price is naturally not very expensive.

After the Asian financial crisis, South Korea's economy recovered quickly, and Li Zetian was naturally confident in developing Samsung! What's more, in his previous life, he had read a lot of information about Samsung's development history on the Internet, and he was very confident.

Li Jianxi nodded, as if he knew Li Zetian's answer.

Li Zetian continued: "However, I do not intend to acquire some subsidiaries."

Some subsidiaries are very dependent on the support of the Korean government to develop. As an outsider, Li Zetian will definitely not get the support of the Korean government. The result of acquiring such companies will definitely be bankruptcy!

Li Zetian looked at the assistant beside him. Immediately, the handler took out a document from the document bag and gave it to Li Zetian.

Li Zetian handed the document to Li Jianxi again and said: "I made a table with the companies I want to acquire and the prices. Chairman Li Jianxi can take a look!"

"oh……"

Li Jianxi opened the file and browsed it. The more he read, the uglier his face became.

"Mr. Li, your bid is too low!!!" Li Jianxi said angrily.

Li Zetian smiled and said: "How low is it? I don't think it is low at all! Chairman Li Jianxi, you should know that many companies have encountered the Asian financial crisis, suffered huge losses, and their assets have shrunk significantly, including Samsung Group! At present, , Samsung is burdened with responsibilities. I acquired Samsung and had to repay huge debts for it. Chairman Lee Kun-hee, tell me for yourself, is my bid sincere? If someone else buys Samsung, there will never be any I’m so generous!”

Li Jianxi's face was gloomy, and he couldn't hold his chopsticks in front of the delicious food!

"Mr. Li, after the financial crisis, Samsung will definitely be able to recover quickly. Your price is too low. Do you want to acquire Samsung for US$25 billion?" Li Jianxi said in a disdainful tone.

Li Zetian said calmly: "Without a huge capital injection, Samsung will immediately go bankrupt. How can we recover? At the moment, I am the only one who has the strength to package and acquire most of Samsung! If Samsung is auctioned by the bank, all subsidiaries, including Technology, equipment, factories, etc., may be divided up by how many companies. By then, not only will Samsung cease to exist, but you, the shareholders, may not even get a penny. After all, Samsung owes too much. Money, we still have to pay off the debt after the auction..."

Speaking of this, Li Zetian deliberately stopped, glanced at Li Jianxi, and said: "President Li Jianxi, I'm afraid this is something you don't want to see!"

When Li Jianxi heard this, his face changed and he was ashamed. His lips moved again and again, but no sound came out.

As if Li Zetian didn't see the other person's expression, he picked up the wine glass and took a sip. He looked very comfortable and could be said to be a master of wisdom.

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