We Do Business In Full Auto [EN]: Chapter 103

103

M&A (1)

“Let’s wrap it up at 200.5 billion won.”

“Hoo.”

Han Yu-ram stood up from her seat.

Even for a solid lunchbox company, she thought it would be better to acquire another company than to acquire this one for 200.5 billion won. It felt like highway robbery.

How could they haggle like this when hundreds of billions of won weren’t child’s play? It wasn’t like buying a bag of chips at the store.

She couldn’t understand it with her common sense.

Director Mugeuk grabbed her arm.

“Why are you getting up?”

“Let me be honest. Looking at the documents you’ve submitted so far, I thought it would be a bit expensive to acquire it for around 180 billion won. But you’re being too greedy. Our CEO has connections with governments in various countries and is backed by H Group. You should offer a reasonable price considering those connections, but you’re trying to lowball us, so what can I do? I’ll report today’s developments to our CEO.”

“Haha, you’re too hasty, young lady. Trading is all about pushing and pulling like this.”

“I don’t have time for that.”

“Alright. Let’s do it for 200 billion won. But you have to give me a little extra so I can save face. The company was considering up to 200 billion won.”

“Maybe about 500 million won is possible.”

“Okay. Let’s sell all the shares for 200.5 billion won.”

She could finally smile. It was a relief.

Although she used somewhat aggressive methods, this was a satisfactory deal.

There were thousands of franchise stores nationwide, and they directly produced more than 10,000 lunchboxes a day. In addition, they separately produced ingredients and sent them to the franchise stores. There were also about 300 directly managed stores, and it was a solid company with branches overseas.

There was also a factory that had stopped operating, and if they expanded, they could produce up to 20,000 lunchboxes a day.

She signed immediately.

“That’s refreshing. It’s over once the payment is made.”

“It’ll be in today.”

“I guess I have to clear out the office today.”

Director Mugeuk was smiling.

He thought this would be a satisfactory deal for both sides.

From the beginning, Lee Seul-gi had highly valued the overseas business. She thought they could expand in this direction and occupy the overseas market.

With Lisa’s skills, it was definitely possible, and there was no reason why she would only be good at Korean food.

Lee Seul-gi had tasted Lisa’s cooking herself and made a judgment.

Han Yu-ram gathered the documents.

“Secretary Han?”

“Yes.”

She hadn’t moved to the secretarial department yet, but she would be contacted by the personnel department soon.

From the beginning, CEO Lee Yu-seong’s test was the acquisition of Haejin Lunchbox.

“That Android thing.”

“Ah, yes.”

“Can we also purchase it?”

“As far as I know, it’s trading at 200 million dollars for three units.”

“Heo [an exclamation of surprise].”

“Nevertheless, each country can’t sell it because they don’t have it.”

“When will it be commercialized?”

“It’s undecided.”

If they revealed the timing of commercialization, each country would not pay that much money to purchase it.

Because they didn’t know when it would be commercialized, they were purchasing it to preempt the technology. But it was still too difficult for a company to acquire this.

“Heo. I see.”

“Then, goodbye.”

Han Yu-ram left the company.

“Haa.”

She sat down on a nearby bench, as if collapsing.

She was sweating.

She was wondering if it would be better to go home, wash up, and then go to the company. She felt disgusting.

She had just completed an M&A deal worth hundreds of billions of won.

She immediately called CEO Lee Yu-seong.

-It’s me.

“CEO. I acquired Haejin Lunchbox.”

-Oh, how much?

“I acquired it for 200.5 billion won.”

-Hahaha! 500 million won must have been Director Mugeuk’s pride.

“I think so.”

-Good job. I was thinking of up to 210 billion won. It’s a success since you acquired it for the price of three Androids.

“Then…….”

-The test is passed. I’ll issue an order to transfer you to the secretarial department immediately. And you will play a pivotal role in the future structure headquarters.

“Thank you!”

She stood up without realizing it and bowed.

-I favor talented people.

Han Yu-ram clenched her fist after hanging up the phone.

She had been drained of energy, but now her motivation was burning.

“I need to wash up and go in quickly.”

Strangely, she wanted to go to the company quickly.

Was she a workaholic?

There was a faint smile on her lips.

I had just finished a deal with the Chinese ambassador.

Now, I mechanically signed and handed over the Androids.

They could produce three units a day, and they handed over all the dummies that had been produced in advance. That’s how they gathered a huge amount of money.

I didn’t know if people would flock again tomorrow, but I thought it wouldn’t be for a while.

“Secretary Lee. How much have we collected so far?”

“It’s roughly about 1.5 trillion won in Korean currency.”

“After taxes.”

“Yes!”

It was an unimaginable amount of money.

I had sold hope to each country.

The hope of each country to preempt Android technology and use it for military purposes.

Perhaps each country will not be able to unlock the secrets of the technology. Unless a black magician intervenes.

“Tomorrow is the inauguration ceremony?”

“Congratulations.”

“Han Yu-ram is doing a good job.”

“Yes! She has ability and guts. You can’t easily find that kind of talent.”

“Then let’s have a company dinner at my house today.”

“At your house?”

“Han Yu-ram should also see my wife’s skills.”

“I’m all for it! But is it okay to visit so suddenly?”

“Hahaha! My wife is an angel.”

“Oh my, are you bragging about your wife here too?”

“From her background to her appearance, she’s perfect.”

“That’s right. It’s almost too much to just look at, but she’s also royalty…….”

“Okay, okay, let’s work until we leave.”

“Yes!”

Today will be another busy day.

Around the time of leaving work.

Han Yu-ram returned to the company an hour before leaving work.

I heard that she had sweated so much that she had no choice but to wash up and change clothes at home.

Well, when an ordinary person makes a deal worth hundreds of billions of won, they would feel breathless and their legs would tremble.

It was fortunate that Han Yu-ram only sweated.

She came in with documents around the time of leaving work.

“CEO. I brought the documents here.”

“Thank you for your hard work.”

“I just did what I had to do.”

“Sit down.”

“Yes!”

Han Yu-ram maintained a gentle smile throughout.

She was talented enough to play in big waters.

I need to bring in more talent in the future, but for now, I think I can handle the work more easily than before with just this much.

“The company is developing and will eventually go into the form of a business group [a large conglomerate controlled by a family].”

“I expected it.”

“We need to create the framework of the company from now on. Yu-ram, please do your best.”

“Yes!?”

“I’m asking you to do the work of creating the structure headquarters.”

“If it’s the structure headquarters, it’s the central control organization…….”

“That’s right. Structure headquarters, central headquarters, central committee, whatever the name, large companies have a central control organization.”

“Can I take on such a big task?”

“Director Lee will assist you.”

“Assist…….”

“Show your abilities. You’ve already merged two companies. Now, a kimchi company, a trading company, and an Android company will be created in order.”

“……!”

She couldn’t close her mouth. She was shocked.

In fact, it was safe to say that the company was expanding explosively.

Knock knock!

“Come in.”

Lee Seul-gi comes in with coffee.

She also sat across from her.

“Well, this is a new colleague.”

“Let’s do well.”

“Oh, yeah.”

They are colleagues who joined the company at the same time.

Lee Seul-gi had long thought that it was a waste for Han Yu-ram to rot in the general affairs department.

And when the opportunity came, she brought her in right away.

It would be a problem if someone else took her talent.

“Is there any other movement within the company?”

“It seems like Director Lee Tae-gon is planning something, but he can’t do it openly. In fact, CL Group and CL Retail should be considered separate.”

“Of course. Because it’s mine.”

“Considering the future, it might not be a bad idea to change the company name.”

“Let’s think about that later.”

It costs a lot of money to change the company name.

Not only do you have to change the signs of more than 20,000 convenience stores, but you also have to change the signs of Haejin Lunchbox.

“It costs about 50 billion won or more.”

“50 billion won.”

“It’s not just changing the signs, there are a lot of things you have to touch.”

“But we can’t make the store owners bear that cost.”

“There will be a lot of backlash if we do that.”

Changing the company name was something that had to be done someday.

But there’s no need to do it right now. When CL Group Retail was sold, it was agreed to use the CL convenience store sign for the time being.

Of course, that period of time was not fixed.

Depending on the need, it can be extended for more than 5 years.

“Let’s go to the inauguration ceremony together tomorrow.”

“To the inauguration ceremony?”

“Han Yu-ram will work on creating the framework of the structure headquarters, and Secretary Lee will select talent from there.”

“Oh……. Just with my bare hands?”

“You have to figure out how to do that.”

“Ugh. Isn’t that too difficult of an order?”

“What are you going to do with that good ability? I saw today that you have an accurate eye for people. The central control headquarters must be made up of talented people. They must also have loyalty.”

“You’re building the framework of a business group?”

“Yes. While you’re at it, write a list of purges.”

“A list of purges!?”

“Of course. Are you going to take all the parasites with you without purging them?”

“Haa. I’m so lucky to have work [sarcastic].”

The companies I’m acquiring now have all been separated from large corporations.

The fact that they have been separated from large corporations means that they can continue to maintain close relationships with the large corporate groups that were the headquarters.

We need to crack down on employees so that they don’t have other thoughts.

Also, if we expand the company in this way, we may eventually reach a large corporation. When that happens, people will recognize it as an opportunity.

“Okay, let’s get up.”

“Where are we going?”

Han Yu-ram looked at me and said.

I haven’t told her yet that we’re having dinner at my house today.

“We’re having a company dinner at my house.”

“A company dinner!?”

“It’s natural to have a company dinner when a new person comes in.”

“Wow! I can see the skills of the madam [CEO’s wife]?”

“That’s why I’m taking you.”

Han Yu-ram had a look full of anticipation.

Lee Seul-gi had praised his wife’s skills, so she was expecting it.

I went down to the parking lot and got into one car.

It will take quite a while to get from Seoul to Yeongjong Island.

As expected, the car is quite congested.

Han Yu-ram carefully opened her mouth.

“Um……. CEO.”

“Yes. Tell me.”

“I’m now the CEO’s person, so how about you drop the honorifics?”

“Um……. Should I?”

I dropped the honorifics on the spot.