Return of the 10th Circle Archmage

Chapter 93

Chapter 93 49. Acquisition of Vantech

“How much…?”

Chairman Nam-ryong Jeong looked at Jin-kwang Yoo with a blank face. Before you even talk about Kitabuta with respect to your face, do you want to start with the amount of the acquisition?

“It is literally. Please tell us the amount you want. Isn’t it a company that has been decided to sell anyway?”

“·················ogue.”

Literally, Vantech was going into court management now. The 30% stake in Bantech was held by Chairman Nam-ryong Jeong and IB Bank, the second largest shareholder, with 25%.

The rest of the other companies were holding it down to 10% or less.

However, if Nam-ryong Jeong and IB Bank’s stake were absorbed, he would effectively take over Bantech’s chairmanship and management rights.

“How about 150 billion?”

“Well······.”

Chairman Nam-ryong Jeong swallowed for a moment. How do you turn a healthy company that had sales over 2 trillion won a few years ago to 150 billion won?

Even if IB Bank does not sell the stake, or if Chairman Nam-ryong Jeong takes only the stake, Bantech will be owned by the Matop Group.

With patent rights accumulated for decades, everything in the company is only 150 billion won…

“Instead, I will give up the CEO position so that Chairman Nam-ryong Chung can continue to remain as the owner.”

“Yes???”

Nam-ryong Jeong’s eyes widened at Yoo Jin-kwang’s suggestion. In fact, it felt like the company was being robbed for 150 billion won, but that was not what Jin-Kwang Yoo suggested.

“Then the management of the company is…….”

“I will follow the will of President Nam-ryong Jeong. However, we are also buying this company because we want to make new products.”

“I also hope that Vantech will recover once again by producing a new product line.”

“Yes. Let’s work together to create synergy.”

Jinkwang Yoo explained about the semiconductor foundry owned by Matop Group.

Putting semiconductors produced and designed by Matop Foundry into Vantech smartphones.

“That way, the performance of current EGA phones will be hundreds of times higher than they are today.”

“Yes???”

It sounded absurd.

In fact, it was absurd to say that Matop Group, which has been doing well recently, would invest in Vantech, which is going bankrupt.

But, does it boost the performance of smartphones hundreds of times compared to the existing ones? That was the Jinsung Group… No, it was impossible even if the aliens hidden by the Jinsung Group came.

However.

‘Even if it’s absurd, you have to believe it…’

Nam-Ryong Jeong was not behind. In a situation where you have to hand over your stake as it is and run away, what if you could receive a blood transfusion from Matop Group in the form of almost an investment?

As long as Matop Group invested more than 150 billion won, there was no way to let Bantech go bankrupt.

But, isn’t this too presumptuous?

“Hahaha······. It would be great if that was the case.”Nam-ryong Jeong barely matched his smile awkwardly. He honestly wasn’t a believer. However, ambitious investors were warmly welcomed.

No matter what your thoughts are right now, you just need to be heading in the same direction in the end.

However, Yoo Jin-kwang did not like Jeong Nam-ryong’s attitude. That expression that I can’t believe at all.

“Is there at least one of the affiliates of our group that has gone bankrupt?”

“·················ogue.”

In the meantime, he had only heard rumors because he was plagued by debtors, and he didn’t know how the Matop group was a jackpot.

It’s just that they sell ornaments and nutritional supplements with strange effects…

‘But, it was a hit.’

Just by hearing the rumors, I was able to experience firsthand how great it is.

But, that was it and this was this.

No matter how much Matop Group has been successful in product lines that have no correlation at all…

This was the smartphone business where all the technologies of the 21st century were concentrated. It was not just at the level of making jewelry or medicine.

Medicine, of course, requires complex R&D and experimental processes, but it is a completely different path from electronic technology.

Difficult together, but at opposite ends of each other.

However, Yoo Jin-kwang said confidently.

“Don’t worry about future losses. Just tell me whether you will accept the investment offer or not.”

Yoo Jin-kwang nailed it like it was frustrating to explain. After all, all the difficult and complicated work will be done by Lee Joon-hyuk and the staff from the Ivy League.

He was enough to just quickly get rid of the things he could do with a big mouth and leave.

The real work will be done by someone else.

“Hey, Secretary Kim.”

“Yes, Chairman.”

“Call Director Kim.”

“all right.”

Yoo Jin-kwang made a fuss with the secretary he was carrying, and called for Takari, who was waiting outside.

He was a subordinate from Harvard who did all the tedious and complicated work. He was originally a new employee, John Kim, and Eugene Kwang kept an eye on him, and he always wore it with him when he went on a business trip.

Although Yoo Jin-kwang lacked the ability to handle work, he was born with the ability to select talented people.

So he was able to come this far.

The business continued to thrive on a stable track. After meeting with Lee Joon-hyuk, he became a man who knows no failure.

Of course, we met through a bad relationship, but the important thing is how it ends.

Even if he met through a bad relationship, if the ending was good, everything was good, and if the ending was bad, that was really bad.

“To pass a 30% stake for 150 billion won. Well, don’t ask the price now.”

The price of 150 billion won was also one or two years ago. However, even if Eugene Kwang suffered a loss by paying a little more, he wanted to end the contract at once.

He said he would cut hundreds of millions of dollars for nothing, and he didn’t want to throw away the big image he had built up over the years.

And, frankly, about 150 billion won was an affordable amount that he could borrow at his own discretion.

Most of the profits generated by the Matop Group are currently going to Lee Jun-hyeok’s overseas money escape company, but even picking up the rest of the Congolese alone, it was over tens of billions of dollars a month.

So, Jin-kwang Yoo didn’t have to worry about money anymore.

If Lee Jun-hyeok just said what kind of business he wants to do, he raked in the money even if he worked hard for it.

So, rather than coveting small things, he naturally drew a big picture in the future.

“Additional bonuses of 1% or more of sales are also paid according to the company’s performance.”

“You mean 1% of sales, not net profit?”

“okay. Wouldn’t that make our Chairman Jung work harder with love?”

“all right.”

In fact, as Yoo Jin-kwang, he did not have the confidence to hire new IT talent and raise him from the bottom to the top.

Just like his father did, he knew from experience that it was best to buy a decent company for money and do it behind the scenes.

So, it was a method of taking all the shares in the form of an investor in the form of a sponsor, and handing over the work to the appropriate person.

‘A person named Nam-Ryong Jeong isn’t bad either…’

Although this man is a businessman, he was also a craftsman from the bottom up with one skill. Instead, because of the lack of knives in the business, he was pushed to the third place by Jinsung Group and Heldi Electronics.

He should have placed first in terms of his original technical skills. However, in Jinseong and Heldi, he stole the talents Vantech had raised.

money after all.

All talents were robbed for money, and all company secrets and technology were leaked.

Nam-ryong Jeong responded with a lawsuit, but as the name of the Jinseong Republic, there was no choice in the lawsuit.

Rather, the company gradually collapsed due to being accused of trespassing.

‘It’s not enough just to have a will…’

So Jung Nam-ryong wanted power. Money can also be a strength, but isn’t there ‘he’ behind Yoo Jin-kwang?

‘If the current president, whose approval rating is rising sharply, and the Advanced Neutral Party only support it from behind…’

I didn’t know if the trust and sales of the company, which had fallen to the ground, could be restored at once.

‘Besides, the person who actually leads the Matop Group behind Jin-Kwang Yoo…. We have to find him.’

Unless you’re an idiot, there were quite a few people who believed that Jin-kwang Yoo succeeded in doing this on his own, but anyway, everyone who knew him knew.

The person who actually leads the matop group is not Jin-kwang Yoo.

‘Did I say wizard?’

The man who is causing the syndrome of this unknown matop group right now… No, I didn’t even know if it was a man or a woman.

There was just such a person, but it was rumored that that person was just using magic to turn the country and the world upside down.

‘Yeah, it doesn’t matter if it’s fictional or realistic. What’s important is the trend.’

If it gets on the trend, even the best sales record is renewed even if it is a failure, and even the best masterpiece is buried in the box office if it is born in the wrong time.

But now, the trend is definitely the horse tower. Even if the rumors spread that Matop is investing in Vantech, people will be watching Vantech again.

‘Then we may have another chance.’

Nam-ryong Jeong thought so, and signed the contract that Jin-kwang Yu had put out. Although he would hand over all of his shares and the company’s name would change, it didn’t matter.

As long as the company I’ve grown up until now can recover without being ripped to pieces, I could endure the slight change in outerwear.He still had passion.

Passion to take first place again in the smartphone market.

‘Technically, Jinsung Group and Macplay are in first and second places, and Chinese IT companies are chasing after them fiercely, but if it is a horse tower… If it’s a horse tower, I don’t know….’

Nam-ryong Jeong thought so, and handed over a signed document to Eugene Kwang. Jin-kwang Yoo accepted it, glanced over it, handed it over to Managing Director Takari, and stood up.

“Thank you for accepting the contract, Chairman Jung.”

“no. I am more than grateful.”

“For the time being, please run the company as you have been doing. Do not hold on to people who want to leave, and if possible, try to recruit new and novel talents. We will replenish the bullets so that there is no shortage.”

“thank you.”

In effect, it meant handing over all the shares in the company, but Nam-ryong Jeong didn’t care.

He kept his position as chairman anyway, and took full advantage of the stakes, which could not be reclaimed.

What Nam-ryong Jung wanted was for the company he was now working to surpass Jinsung smartphones and become the world’s number one.

To be honest, he was more than happy with the possibility of realizing it than with the money.

“Well······.”

I ended the call with Jin-kwang Yoo on a business trip to Vantech. From what I heard, it seemed like he was thinking of acquiring the Vantech Group. It was because of the prospect that a huge synergy effect would be generated if the mobile AP produced by the Matop Foundry was combined with the Bantech smartphone.

‘It’s not a bad choice either…’

I thought that it would be good to make and sell a smartphone and an operating system as well as Macple.

However, if there is no proper operating system, even if the hardware part is self-sufficient like Jinsung Group, that is fine in its own way.

‘After all, Jin-Kwang Yoo has the ability to see the flow in the big part…’

In the details, his competency has fallen a lot, but there are things that each person is good at.

Thinking like that, I was getting ready for work…

Tou, tou…

“Who is it?”

The phone number stamped 02 vibrated my smartphone.

“Hello?”

“Yes, Junhyuk Lee, do you have a cell phone?”

“Yes, by the way.”