Reborn as a tycoon in Hong Kong

A few days later, Maori Haruko went back to Japan because she was busy with work.

Lin Baicheng asked Iwasaki Mineryu to help find the home appliance company. Iwasaki Mineryu has already selected some targets for Lin Baicheng, and the information has been sent to Los Angeles via fax. If Lin Baicheng has a target he likes, he will definitely have someone come to discuss it, and Maori Haruko Is the most suitable candidate.

In addition, the investigation results from the United States have also been obtained, and Lin Baicheng has to get started.

There are also many home appliance companies in the United States, but don't even think about electronics companies such as General Electric. Companies such as Maytag, Whirlpool, and Reynolds, which are considered industry leaders, cannot be sold.

However, there are also companies that are not doing well, such as Carrier Corporation, York Corporation, and other companies that have encountered operating difficulties, and either want to sell them entirely, or they just want to sell a department in exchange for some funds.

Lin Baicheng looked at the information and found that except for a few small companies that dealt in various types of home appliances, it was possible to sell the company. Slightly larger ones that only make single products such as refrigerators or air conditioners will sell the company as a whole, while those that make multiple types of home appliances will only sell one department or production line.

If possible, Lin Baicheng would certainly like his own home appliance company to make refrigerators, air conditioners, TVs, washing machines and other electrical appliances.

There are also many home appliance companies in Japan, not to mention giants such as Sony, Hitachi, Sanyo, Toshiba, Sharp, and Panasonic. There are also many home appliance companies below, and some of these companies are not managed well, and it is possible that Company for sale.

After screening, Lin Baicheng took a fancy to several home appliance companies in the United States and Japan. He immediately asked Isabella and Haruko Maori to form their own teams to initiate acquisition negotiations with the target company.

Although he wanted to set up a home appliance company, Lin Baicheng was not prepared to be taken advantage of, so he set a bottom line on price, beyond which he would never accept. The specific price that can be negotiated depends on the ability of the negotiation team.

Such company acquisitions usually don't end in three to five days, so after handing over the matter to Isabella and Maori Haruko, Lin Baicheng only needs to ask about the progress of the negotiations from time to time.

After playing, Lin Baicheng devoted himself to the development of office software. As long as he completes the research and development of office software, he can take a break and no longer need to come to New Century Software Company every day.

Having said that, Lin Baicheng led the research and development for several months. When he was not around, the company's employees also developed the software within the framework he gave. Therefore, the research and development has never stopped, and the results will naturally be achieved within a few months.

And this achievement is not small. I believe that it will take some time for the software to be developed. If it's quick, it might not take more than a month. Even if it takes a little longer to solve the problems that need to be overcome, it will only take about two or three months at most.

Time is coming to June in a blink of an eye.

Isabella and Maori Haruko gradually received bad news from Lin Baicheng, and the acquisition negotiations encountered difficulties.

Even if Haruko Mouri is in Japan, Isabella herself is in the United States. Lin Baicheng naturally called her back and talked with her face to face.

"Bella, tell me why."

"BOSS, in the end we still can't agree on the price."

Isabella said helplessly: "For example, the actual value of the target we want to acquire is US$10 million, but the other party not only needs a premium, but also requires us to bear debts, severance pay for employees, etc. The actual premium It’s far more than 50%, and it’s impossible to talk about it.”

"How could this happen? Every company does this?"

The highest premium offered by Lin Baicheng is 30%. After all, the technology of home appliances is not difficult to surpass. If you are willing to spend some time and cost, you can build your own home appliance company from scratch, so there is no need to pay too high a premium.

"Yes!"

Isabella nodded and said: "I asked people to secretly ask some senior executives of several companies what they thought, and then I found out the reason. At present, everyone's view is that the oil crisis and economic crisis have passed, and the economies of various countries around the world will soon be Improvement, especially the country's economy, and economic improvement will definitely drive people's income and consumption, and home appliances can be said to be household necessities, so these companies have the idea of ​​gritting their teeth and persisting, unless they offer a high premium for acquisitions."

"Okay, so that's the reason."

What could Lin Baicheng say after hearing this? Although he knew that there would be a second oil crisis soon, he definitely couldn't tell anyone about this kind of thing, and no one would believe it if he told him. Therefore, he can either choose a high premium or temporarily give up the idea of ​​acquiring a home appliance company.

For Lin Baicheng, a home appliance company must be established. The sooner it is established, the sooner the company's technology can catch up with the world's first-class technology. However, this does not mean that he is willing to be taken advantage of for this. In a few years, he may be able to do it at a lower price. purchase price.

"In this case, let's stop the acquisition of the home appliance company."

Lin Baicheng decided to stop the acquisition of the home appliance company. Although the hundreds of thousands of dollars in the early stage were wasted, there was nothing he could do.

Isabella first responded after hearing this, and then said: "BOSS, if you intend to set up a home appliance company, now is actually the right time. Otherwise, if you wait until the economy picks up, then the acquisition will only cost more."

"The premise of all this is that the economy will get better, but I don't think so."

Lin Baicheng glanced at Isabella and shook his head without further explanation.

"Boss, don't you think the economy will get better?"

Isabella was a little confused. Seeing that Lin Baicheng had no intention of explaining, she had to give up and put the doubts in her heart for the time being.

After Isabella left, Lin Baicheng contacted Haruko Maori in Japan. Haruko Mouri encountered even greater difficulties, because Japan's home appliance industry was developing at a rapid pace during this period, so even poorly managed home appliance companies were very confident because there were mergers and acquisitions of competitors in the same industry. It is simply impossible without a higher premium.

After learning the reason, Lin Baicheng also asked Maori Haruko to end the acquisition negotiations and pretend that the matter had never happened.

After ending the call with Maori Haruko, Lin Baicheng became thoughtful. Since he is not planning to acquire a home appliance company, his 1 billion Hong Kong dollars must not be placed in the account to earn interest, but should be invested.

When it comes to investment, long investment in gold futures is an option, and it is also the easiest way to make money at this stage.

However, if possible, Lin Baicheng would actually like to use it for industrial investment. After all, there is already a lot of investment in gold futures, and industrial investment is not only more influential, but also longer-term.

However, you have to think carefully about which industry to invest in.