Chapter eight hundred and eighty fourth his words are also good
Feng Xiaochen smiled, and Yu Uchida was also a frank bastard. It was actually quite pleasant to be opponents or friends with such people. At least it was more interesting than chatting with someone like Feng Lintao who had emotional intelligence arrears.
"You are right. I will not refuse to acquire Iketani because of hatred. However, I will not agree to acquire Iketani because of my friendship with Mr. Uchida. Mr. Uchida advised me to acquire Iketani, so I have to give me some reasons for the acquisition, right?" Feng Xiaochen said with a smile.
"The reason is very sufficient." Yuuchi Uchida said, "First of all, Iketani Production has a large number of technical patents, which is what Chinese peers need. If Iketani Production can acquire Iketani and obtain these patented technologies, the technical level of Chinese peers will be improved leaps and bounds. In fact, your acquisition of Pumai's engineering machinery department is also based on this consideration."
Feng Xiaochen nodded and accepted Uchida Yu's reason.
"Secondly, the price will be very cheap now to acquire Iketani Products." Uchida Yu gave the second reason.
"Is that?" Feng Xiaochen's interest was mobilized by Yuu Uchida. He asked: "Mr. Uchida, what price do you think we can obtain all the assets of Ikegaya Productions, including its patent assets and brand assets."
"No more than $500 million." Yuuchi said firmly.
"No more than 500 million US dollars!" Feng Xiaochen's eyes widened, "As far as I know, when Sanli Steel Institute acquired Chigu Manufacturing, it cost US$2.5 billion. Now a few years have passed, why do you think Sanli will be willing to sell Chigu for a price of no more than 500 million US dollars?"
Yuuchi Uchida smiled and said, "This is based on my understanding of Sanli Steel Institute. The bidding for the Sink Point nuclear power plant failed, and Sanli Steel Institute is no longer able to support the next opportunity, so it will definitely divest the departments related to the third-generation nuclear power, including the Ikegai Factory, which was purchased for US$2.5 billion and the American Weihao Electric, which was purchased for US$5 billion. However, except for China, no other country companies are willing to take over these two companies. In Japan, Sanli wants to give these two companies for free, but he will not find anyone to accept them."
Feng Xiaochen nodded again, and he understood what Uchida Yu meant. Uchida Yu said that Sanli would give away the Ikegaku Production Office for free, no one would accept it. Of course, this was a bit exaggerated. After all, Ikegaku Production Office also has a large number of machinery and equipment, and selling scrap iron can be sold for a lot of money. But if Sanli wanted to transfer the Ikegaku Production Office at the price he bought at the time, it would probably be difficult. With such a large business, tens of thousands of workers, any company that wants to take over, it must weigh it and see if it is worth it.
You should know that when it comes to the transfer of property rights of a company as large as Ikegaya Production, the Japanese government will also put forward several requirements, which must include the issue of resettlement of existing employees. If any company wants to take over Ikegaya Production, it must promise to ensure the employment of a certain proportion of employees, and cannot really buy the company and then directly develop it into real estate.
After the financial crisis, the global economy was in a state of contraction. It was indeed difficult to find a company that was willing to spend more than $500 million to acquire Chigu Products. Sanli was eager to escape from the third-generation nuclear power business, so it was urgent to sell Chigu. If Feng Xiaochen took advantage of the situation at this time and proposed to take over at a price of no more than $500 million, Sanli could only accept it with his nose.
As Sanli's marketing director, Uchida Yu knew Sanli's internal situation well, so he made such a judgment. If Feng Xiaochen thought about it himself, he would probably not dare to offer such a low acquisition price.
"If I can really obtain all the assets of Ikegaya Productions within 500 million US dollars, I am indeed interested." Feng Xiaochen said frankly. Uchida Yu said everything to this level, and Feng Xiaochen would not be able to pretend to be reserved in front of him. As for deliberately showing off his disdain to keep the price lower, this trick is also unnecessary in front of an old fox like Uchida Yu, and Feng Xiaochen would not do such a low thing.
Yuu Uchida smiled: "Mr. Feng, I knew from the beginning that you would not reject this opportunity. You are an ambitious entrepreneur, you need Iketani Products, and Iketani Products also need you. If you can merge Iketani Products, I think the future of Iketani Products will be very bright."
Feng Xiaochen smiled, thanking Uchida Yu for his praise. He then asked, "So, Mr. Uchida, how much commission do I need to pay to you for helping us complete this transaction?"
Yuu Uchida shook his head and said, "Mr. Feng, you misunderstood. I introduced you to the situation of Iketani Products, not to get a commission. In fact, this transaction does not benefit me personally. I will apply for retirement after I return to Japan. Everything about Sanli Steel and Iketani Products has nothing to do with me."
"Not for commissions? So, what do you want?" Feng Xiaochen asked in confusion.
Yuuchi Uchida turned his eyes to an oil painting hanging on the wall of the conference room, saying to himself: "I want nothing. My savings, plus my pension, are enough to make my old age very comfortable. After so many things, I no longer have the ambitions of the past, just want to be a quiet old man. The purpose of my doing this is just to hand over the Iketani Production Office to a person who is willing to cherish it. After all, I have devoted most of my life to this company. The old workers and engineers in this company have superb technology in their hands and need someone to pass on it, even if these heirs are Chinese..."
When he said this, Feng Xiaochen kept staring at his face intently, trying to find some traces of conspiracy from the expression on his face. But Uchida Yu's expression and look were extremely sincere, and there was also a bit of loneliness. As the saying goes, when a person is about to die, his words are good. Uchida Yu intends to retire. From a professional perspective, even if he dies, he may really come from his heart.
Uchida Yu left the UK with his team. After helping Deng Jingming, Feng Lintao and his party handled some chores, Feng Xiaochen hurriedly left Europe and returned to China. As soon as he returned to China, he received news that Sanli Steel had intended to sell Chiguya Production and Weihao Electric. He immediately contacted Northern Chemical Machinery Factory, Xinyang Second Chemical Equipment Factory, Haidong Quanfu Machinery Company and other companies, persuaded them to raise 500 million US dollars, and then led the team to Japan to negotiate with Sanli Steel to negotiate the merger of Chiguya Production with Chiguya Production.
The transfer price proposed by Sanli Steel Institute to Chigu Manufacturing is US$3 billion, the reason is that it spent US$2.5 billion to acquire Chigu Manufacturing, and in recent years, it has invested no less than US$1 billion to carry out technological transformation. Now it is sold for US$3 billion, which is definitely a great value for money.
Feng Xiaochen mastered the reserve price revealed by Uchida Yu and insisted that he could only complete the acquisition within 500 million US dollars. If it exceeds this amount, it will be exempted from negotiation.
The two sides held several rounds of consultations, during which Yu Uchida played an important role, constantly revealing Sanli's internal information to Feng Xiaochen, and lobbying Sanli's chairman Daohiko Kobayashi, persuading him to accept China's offer and remove Iketani's business as soon as possible.
Due to the setback of nuclear power business, the stock price of Sanli Steel Corporation plummeted, and shareholders put pressure on the board of directors, demanding that the board of directors cut off its arm, cut off its nuclear power business, and concentrate limited funds on the traditional business of Sanli Steel Corporation in order to revive the country.
Daoyan Kobayashi's original intention was to delay a few more rounds with the Chinese side, forcing the Chinese side to agree to increase the acquisition price. Who would have thought that Feng Xiaochen was not affected by him at all. No matter what Sanli said, he just bit his initial offer and never let it go. A department with more than 10,000 employees had a daily daily cost of millions of dollars. Feng Xiaochen could delay it, but Sanli really couldn't afford it. In the end, Daoyan Kobayashi had to surrender and sold all the assets of the original Chigu Production to Chenyu International Investment Company for a price of US$480 million.
"Tian Xiongjun, this is Ms. Lin Danyan, a senior engineer at Sinopec Design Institute. From today on, she will be the new president of Chigu Technology Research Institute. China hopes that you can remain as the vice president of the Institute, and all the treatment you have enjoyed will not change."
At the Technical Research Institute of Iketani Production, Yuuchi Uchida also introduced to his old colleague Tian Xiongte. Iketani Production is now a 100% Chinese company, and several chemical equipment companies in China jointly hold shares in Iketani Production. Among them, Iketani Research Institute will be taken over by Sinopec Design Institute, and Lin Danyan is a "receiver" sent by the Petrochemical Design Institute.
"Mr. Tian Xiong, I have been relying on your name for a long time, and I am very happy to be able to work with you." Lin Danyan politely greeted Tian Xiongzhe in English. She said that it was not entirely polite to admire her name for a long time. Tian Xiongzhe is indeed very famous in the chemical equipment industry. Lin Danyan knew his name when she was still in graduate school, but at that time she would never have thought that one day she would become Tian Xiongzhe's immediate boss.
"Ms. Lin, I am also very honored. I hope we can cooperate happily." Tian Xiongzhe also responded in English.
"Our Petrochemical Design Institute has just undertaken three major chemical technology equipment development tasks issued by the National Development and Reform Commission of China. The leaders of the institute instructed to put the development task of the one million-ton terephthalic acid complete set of devices to the Chigu Research Institute to complete. If Mr. Tian Xiong is willing, we want to hire Mr. Tian Xiong as the chief engineer of this task. I don't know what Mr. Tian Xiong wants to do."
Chapter completed!