Wall Street of the third generation chaebol

＜ The end of Bayer Pharmaceuticals. (3) >

“German Investment Corporation makes a proposal to Bayer.”

A room where silence fell.

I looked at Bayer’s chairman.

Carl Duisberg.

He is the founder of the aforementioned IG Farben in Auschwitz.

‘Of course, IG Farben was not founded with the intention of genocide.’

When it happened under Nazi Germany, Karl Duisberg was already being treated like a savage at IG Farben.

At that time, like other large German companies, it was difficult because the Nazi German leadership was in control.

Anyway.

He is undeniably a historical figure for Bayer, but now he is simply the president of a heinous company that has released the drug heroin to the market.

“…What’s your suggestion?”

“Actually, it’s more of a notification than a suggestion.”

I clasped

In fact, Bayer’s fate was decided even before he came here.

“We would like to acquire a 100% stake in Bayer from the German Investment Corporation.”

“Yeah? Haha. What did you say now?”

Carl Duisberg smirked.

It was a kind smile like a peaceful country grandfather.

Soon, it was distorted like a slaughterhouse.

“What do you think of Bayer and what are you making such proposals for? Even so, it is a conglomerate that is dominating the industry in the German chemical industry. But you want to hand over 100% of your stake to the German Investment Corporation?”

shortness of breath

Carl Duisberg was excited.

bang-!

“Do you think the Prussian government will forgive your atrocities now!”

Angry tendons began to sprout from his forehead.

His dream was to make Bayer the number one chemical company in Germany.

The exclusive trust IG Farben is also a German chemical trust that was established after trusts such as Standard Oil and US Steel in the United States.

Just make me angry.

Because now I was just declaring that I was going to tear down the foundation of trust.

“Yes.”

“What?”

“I think you’ll forgive me.”

I spoke over and over again.

“The Prussian government.”

He raised his finger and pointed at me.

“Me, no, the German Investment Corporation’s acquisition of Bayer.”

“Ha! What nonsense bullshit.”

In fact, from Duisberg’s point of view, it would feel like nonsense.

Despite the name of the German Investment Corporation, it was nothing like an American investment company in the first place, and Bayer’s German chemical industry giant.

he.

Because I was ‘mistaking’.

“The Prussian government is trying to save Bayer right now! Although it seems that they can’t afford to nationalize Krupp, they didn’t even shut down pharmaceutical companies to save them somehow, and they introduced you to the German Investment Corporation! Then you are the intention of the Prussian government. “Isn’t it the right thing to take a look at? It’s not that a young bastard sees the business world too much!”

bang-!

The fist of wrath struck again.

But I was obligated to tell him the truth.

It was his responsibility to correct his misunderstanding.

What does the German Investment Corporation mean for the Prussian government?

what kind of status

I have to let him know.

“Why do you think the Prussian government did not suspend business?”

“You’re young, so I don’t know, but the world of business is. It’s not a world that runs solely on capital or morals.”

Something nonsense started flying.

I listened silently once.

“Is that so?”

“Yeah, business is all about politics and even the jobs of citizens! The Prussian government will never be able to kill the German giants!”

great fire.

Bayer, which held the regional hegemony in Germany, had a tight grip on the local labor force. If Bayer collapses or restructuring is implemented, it will face a huge backlash from the Prussian government.

But he was also misunderstanding something.

“priority.”

I lifted my index finger.

“I plan to carry out restructuring.”

“Do you think the Prussian government will forgive that?”

“But the workers won’t fire them.”

“…..?”

“I’ll just change the company structure, and I’ll take it as it is, whether it’s a personnel relocation or whatever.”

Bayer had an infinite number of ways to use it in the future. There was no need to eat away my flesh just to see more profits through restructuring.

In the first place, I plan to expand, so the lack of manpower would be a problem.

“Of course, the wages will be equally distributed. There should be no discrimination.”

“Now say that…”

“Second.”

I put my middle finger next to my index finger.

Now is the time to remind them of the cold reality.

“Originally, the Prussian government was trying to put you out of business.”

“…..!!!”

Carl Duisberg.

He widened his eyes as if struck by lightning at my words. He opened his mouth wide, as if he didn’t understand what nonsense he was hearing.

‘Accept it.’

This is reality.

I brought his illusions down to the bottom of hell.

“Well then…”

“Yes.”

He pointed at me with a trembling hand.

I nodded that his guess was correct.

“It is our German Investment Corporation that prevented the Prussian government from shutting down business. We ‘begged’ the Prussian government to somehow save you Bayer.”

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Only then

Karl Duisberg seemed to see the fog cleared and the reality before him.

“Now do you know?”

I asserted to him, emphasizing every word.

“You have been abandoned by the Prussian government.”

You guys are already abandoned duck eggs from the Nakdong River.

“That’s why we came to ‘rescue’.”

– Know yourself.

It is a saying of Socrates.

Donga line.

Now I have one left.

I looked down at Carl Duisberg with cold eyes.

The confidence he had shown throughout the proceedings had long since been lost.

Unable to speak any more, he left the place as if running away.

***

a few days later.

“This is Friedrich Bayer.”

When I fired a carpet bombing of facts, Chairman Carl Duisberg brought the owner of Bayer.

Bayer House.

Friedrich Bayer, the founder’s son.

‘Since it’s the owner’s family, it seems like they’re going to take my words seriously.’

Friedrich Bayer’s luck was pretty straightforward.

“I’m sorry it took several days. Before I came here, I really wanted to check whether the Prussian government had abandoned our Bayer. Shouldn’t we also check the facts?”

Well, you have a right to know.

I nodded willingly.

“So what did you get back?”

“I asked the Prussian cabinet minister of education and medical care, whom I knew before, and found out that it was true. I also realized that our Bayer had become a shame for the German Empire.”

Britain was defeated by the Opium Wars.

In fact, it was Germany that sold opium throughout Europe.

– Those damn bastards are the shame of the German Empire! I mean, get it out of my sight right now! Aww!

Wow-!

Neither the German Empire nor the Kaiser could accept this fact.

Bayer hit the Kaiser complex well.

‘It was a little difficult to appease the German imperial family.’

took a deep breath.

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Otherwise, Bayer would have already been amputated and even be seen as a lieutenant.

I had no choice but to promise a few measures to appease the German imperial family.

“Are you willing to accept a 100% stake acquisition?”

“Yeah, at this rate, even the title is attached to it, it seems strange. A shareholder letter has already been sent to the shareholders through the Bayer Board of Directors. It is a letter to hand over the stake.”

quick action.

Is it also the owner’s family?

The difference with professional managers is immediately evident.

cool cool

“Bayer surrenders. I have to live and see. You will probably be able to acquire 100% of the stake soon.”

“Thanks for the quick decision.”

“I knew that I was destined to go out of business without getting a single penny, but I am not foolish enough to go out of my way.

“You’ve made yourself a villain.”

He sank deep into the chair.

“Did I tell you? I want to live a long and long life. As long as I was photographed by the Kaiser of the German Imperial Family, a small citizen like me has no choice but to act docilely.”

being a small citizen

If you are a small citizen with more than $10 million in assets, you are a small citizen.

“Well, it’s all good…”

Bayer narrowed his eyes and threw his luck.

“How are you going to deal with our Bayer? What fate will we face?”

Bayer.

In its original history, it is a pharmaceutical chemical company that has emerged as an international pharmaceutical giant by launching aspirin.

If so, how did Bayer achieve its reputation as a pharmaceutical company?

Bayer started out as a dye company.

In fact, in the mid-19th century, most German chemical companies started out as dye companies.

So Bayer was struggling to expand into a pharmaceutical company. The drugs that were created were heroin and aspirin.

If we put constraints aside, we can see that they were just the tip of the Bayer iceberg.

Bayer is an iceberg.

They currently dominate the world’s Big 3 dye industry, and Germany’s Big 3 dyes dominate more than 80% of the world’s dye supply.

Here, Bayer’s stake is close to a whopping 27%.

therefore.

Chairman Morgan was also feeling the pressure.

But not anymore.

“It will be dismantled.”

“……”

“We’re going to split Bayer into two parts, the chemical and pharmaceuticals divisions.”

“After splitting…

“Yes, the pharmaceutical division will be merged with Pfizer. The chemical division will inherit the Bayer name.”

Return to the dye company.

That was their fate.

“You’ll lose your restrictions forever.”

“Well, the company has already left your hands. You don’t have to worry about it.”

“haha…..”

wow.

Friedrich Bayer bit his teeth.

“Now that’s an outsider.”

“Now this company belongs to me. If you interfere with management, I will sue you.”

“It must be from the German Investment Corporation.”

“I’m sorry, but the German Investment Corporation is mine.”

“…..under.”

He sighed.

Friedrich Bayer, who had been pulling his upper body hard, buried himself in the chair again.

Bayer looked down at the ink of the signed acquisition contract with a half resentful expression.

“Let’s hear it first. What your vision is. What the fate of Bayer will be. As a former owner, I think I have a right to hear this.”

He was the face of giving up.

“There must be a reason why you left Bayer’s mission behind, right?”

It feels pretty good.

I nodded.

“Bayer’s chemical division is the world’s largest dye business, monopolizing 1/3 of the world’s dyes. If it had not been hit or nearly hit by heroin damages, bond call options, or the government’s business suspension due to boycotts. It must have been a very solid company.”

In fact, if it wasn’t for heroin, I wouldn’t have even dared to swallow Bayer…

My account was overflowing with dollars.

“That’s right. Bayer, founded by our predecessors, is a solid company.”

A tone that sounds like self-hypnosis.

But I ignored it.

“And now there are two more such dye monopolies in Germany.”

BASF and Hoechst.

“I’m going to be a loach in this market, and I’m going to spray muddy water as much as I want. I’ll expand to monopolize the dye business.”

I raised the corners of my lips.

***

“It is a lie.”

“Yes?”

After negotiating with Bayer.

I was having a conversation with James at the hotel.

“You said it was a lie that you squeal like a loach? Expansion to monopolize the dye business?”

“It’s all a lie. A very blatant lie, I have no intention of doing that.”

in the first place.

What did you believe in telling them about our business plan? They even went so far as to reveal that they had considerable contacts within Prussia.

“It’s been used.”

Some leak information.

Let my message flow throughout the dye industry.

“Perhaps the dye industry will start to band together as long as I declare that I will expand.”

“You’re trying to build a monopoly wall.”

“Uh. He is probably intermittently getting a glimpse of my identity with the German Investment Corporation. He will react very sensitively.”

They are at a crossroads of choice.

“Are you guys coming together?”

if not.

“Will you hold hands with me?”

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Or.

“Are you pushing yourself like a single fire general?”

But the game was already clear to me.

“Do you know how the current German dye industry is going?”

“Yes, the big three are in control of the dye industry.”

“That’s right. It’s not as big as the Big 3, but there is one more dye company that can compete with it.”

Bayer

BASF

Hoechst

and.

Cassella

“Hoechst will probably choose Casella over BASF as an ally.”

“How are you sure about that?”

“BASF is not in the pharmaceutical business.”

“ah!”

Alliances should be formed between companies with synergy.

However, BASF is a saengja chemical company.

From the perspective of Hoechst, who is also in the pharmaceutical business, Casella, which has pharmaceuticals, seems more attractive than BASF without pharmaceuticals.

It was the same in the original history.

Hoechst rejected Bayer’s merger proposal and chose Casella instead of BASF to sign a mutual equity exchange agreement.

If so.

In the end, BASF is left alone.

“I need this BASF.”

The reason why I somehow comforted the German imperial family and stopped the business suspension.

The reason for leaving Bayer’s chemical division in Germany.

I want this BASF.

“We have a mutual exchange agreement with BASF that has been dumped.”

BASF and Bayer are about the same size.

A reciprocal share exchange agreement will allow you to bring in approximately 35% to 50% of the shares.

I am from the beginning.

Bayer’s aspirin is good too.

To acquire a 35% to 50% stake in BASF.

laid the foundation for this plan.

“So far, everything is as planned.”

Why BASF?

yeah…

Malthustreb and population control policies that food production will not keep up with population growth.

The Haber-Bosch method, which broke it with nitrogen fertilizer.

The best chemical process in history that saved mankind from food shortages by monopolizing 99% of the world’s ammonia production and supplying nitrogen fertilizer.

like that.

Seekers of humanity who feed 1/3 of the world’s population.

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One of them, Carl Bosch’s company, is this BASF.

“Bocchan, can I know in advance how far you are considering?”

James asked cautiously. I’m often asked this these days, and I think I was shocked by the last negotiation with Germany.

“James. This is a time of upheaval. And I intend to monopolize mankind’s food business.”

“Yes?”

“Only know that it is such a plan.”

Cargill already has it.

By obtaining this nitrogen fertilizer, I monopolize the future human food industry.

＜ The end of Bayer Pharmaceuticals. (3) > end