Reborn in Hong Kong as a Tycoon

Chapter 205 Shifting the target
A few days later, Haruko Mori went back to Japan because she was busy with work.

Lin Baicheng asked Iwasaki Mineryu to help him find a home appliance company. Iwasaki Mineryu had already selected some targets for Lin Baicheng, and the information had been sent to Los Angeles by fax. is the most suitable candidate.

In addition, the results of the investigation in the United States are also available, and Lin Baicheng is also going to work.

There are also a lot of home appliance companies in the United States, but don’t think about electronics companies like General Electric Company. It is impossible for companies such as Maytag, Whirlpool, and Reynolds, which are regarded as industry leaders, to sell.

However, there are also companies that are not doing well, such as Carrier Company, York Company and other companies that have encountered operating difficulties, or want to sell all of them, or 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 operate multiple types of home appliances, they may sell the company.The slightly larger ones only sell a single product such as refrigerators or air conditioners, and sell the company as a whole, while those that make multiple types of home appliances only sell one department or production line.

If possible, of course Lin Baicheng would like his home appliance company to manufacture refrigerators, air conditioners, TV sets, washing machines and other electrical appliances.

There are also many home appliance companies in Japan, not to mention giants like Sony, Hitachi, Sanyo, Toshiba, Sharp, and Panasonic. There are also many home appliance companies below, and some of these companies are not doing well. 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 Mori 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 gave a bottom line price, beyond which he would never accept.What kind of price can be negotiated depends on the ability of the negotiating team.

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

After playing, Lin Baicheng devoted himself to the research and development of office software.As long as he completes the research and development of office software, then he can get out and don't have to come to New Century Software every day.

Having said that, Lin Baicheng led the research and development for several months. When he was not there, the employees of the company also developed software within the framework he gave, so the research and development has not stopped, and naturally there are results after a few months.

And this result is not small, I believe that the software can be developed in a while.If it is fast, it may not take a month. Even if it is slower to overcome the difficulties that need to be overcome, it will take about two or three months at most.

In a blink of an eye, it will be June.

Isabella and Haruko Mori gradually brought bad news to Lin Baicheng, and the acquisition negotiations encountered difficulties.

It doesn't matter that Haruko Moori is in Japan, but Isabella herself is in the United States, so Lin Baicheng naturally called her back and talked face-to-face.

"Bella, tell me why."

"Boss, after all, we still can't agree on the price."

Isabella said helplessly: "For example, the actual value of the target we want to acquire is 1000 million US dollars, but the other party not only needs a premium, but also requires us to bear debts, as well as employee severance pay, etc. The actual premium Far more than 50%, it is impossible to negotiate."

"How could this be? Every company?"

Lin Baicheng gave the highest premium of 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 completely build your own home appliance company from scratch, so there is no need for a high premium.

"Yes!"

Isabella nodded, and said: "I had someone secretly ask some high-level executives of the next few companies about their thoughts, and only then did I learn the reason. At present, everyone's opinion is that the oil crisis and economic crisis have passed, and the economies of all countries in the world will soon recover. Improvement, especially in 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 sticking to it, unless they offer a high premium for acquisitions.”

"Well, it turned out to be the reason."

What else can Lin Baicheng say after hearing this? Although he knows that there will be a second oil crisis soon, he must not say such a thing, and no one will believe it.Therefore, he either chooses a high premium, or he can only choose to temporarily abandon 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 surpass the world's first-class. price to purchase.

"Since this is the case, let's stop here for 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 in this way, there was no way around it.

Isabella first responded when she heard the words, and then said: "Boss, if you intend to establish a home appliance company, now is actually the right time. Otherwise, wait until the economy picks up and buy it at that time, and the cost will only be higher."

"It all assumes the economy is going to get better, and 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 puzzled, seeing that Lin Baicheng had no intention of explaining, she had no choice but to give up and put her doubts in her heart for the time being.

After Isabella left, Lin Baicheng contacted Haruko Mori in Japan.Haruko Mori encountered even more difficulties, because Japan's home appliance industry was developing at a high speed during this period, so even a poorly managed home appliance company has a lot of confidence, because there are mergers and acquisitions competitors in the same industry. It is simply impossible without a higher premium.

After learning the reason, Lin Baicheng also asked Mouri Haruko to end the acquisition negotiations, as if this had never happened.

After finishing the call with Haruko Mori, Lin Baicheng became deep in thought.Since he is not planning to acquire a home appliance company, his 10 billion Hong Kong dollars must not be put in the account to eat interest, but to be used for investment.

In terms of 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 actually wants to use it for industrial investment.After all, there are already a lot of investments in gold futures, and industrial investments are more influential and last longer.

It's just that you have to think carefully about which industry to invest in.

(End of this chapter)