The Highest Level Son of a Chaebol Family - Chapter 386
Only Krnovel
386. I want to acquire Gulfsa.
Why? What? Why!
If they raise it to 1 billion dollars over there, we can hit them with 25 million dollars over here!
Just then, a sharp, clear voice rang out from the other end.
“What are you all doing there?”
“dismissal!”
The president walked with steady steps.
“How much will you pay for the merit?”
“Twenty-five million dollars.”
“What percentage of the stake? 50%?”
“yes.”
The people who had been surrounded in a circle parted left and right like the Red Sea, clearing the way.
“Gulfsa, you answer. Did I hear you correctly?”
“Yes! That’s right. We have agreed to transfer all 50% of Yukong’s shares for $25 million!”
The Gulf chief negotiator answered loudly.
The President looked down at the Gulf soldiers lined up on their knees with a strange look in his eyes.
“When did you say you wouldn’t sell for less than $1 billion?”
“I really want to sell it! Please just let me sell it!”
“They said they would hold a general meeting of shareholders, replace Yukong’s management, and then absorb it into Gulf.”
“I just said that because I wanted to sell it for a higher price!”
The Gulf chief negotiator shouted shamelessly.
“I’ll stamp it! So please let me write up a contract to acquire Yukong’s shares right now!”
“ha ha ha!”
The president laughed out loud.
It was a satisfying laughter like I had never heard before.
Did you feel relieved after laughing so hard that your heart burst open?
“Taeseong’s brain, what are you doing?”
The eyes looking at my father were very gentle.
“Gulf Sa is begging to sell it to me for such a low price. I have to pick it up and go.”
“Yes, Your Majesty.”
“Taesung is blocking the outflow of national wealth again.”
The President turned his back with great joy.
“Your patriotism will be rewarded by your country.”
The president headed to the VIP room along the road that was parted like the Red Sea.
The chief of security at the Blue House followed closely behind.
“Your Majesty, that guy is truly something.”
The chief of security at the Blue House glanced down at the Gulf soldiers kneeling motionless and smirked.
“I tried to show those shameless kids some of the spicy taste of Korean food.”
The Gulf people flinched.
The chief of security at the Blue House chuckled as he watched the scene with satisfaction.
“It looks like Taesung’s brain has been quite spicy.”
The president snapped his fingers.
“Okay. Let’s have a drink to celebrate.”
The President entered the room and plopped down on the head sofa.
The chief of security at the Blue House gestured to the grandfather.
“Your Majesty’s favorite drink. Do you have Royal Salute and Chivas Regal?”
“Of course. I also received some makgeolli from the Neunggok brewery. Should I send that in as well?”
“Do you have any makgeolli from Neunggok Brewery? I’m sure His Majesty will like it very much.”
The chief of security at the Blue House pretended to slightly bend his wrist.
“And bring a few plates of your favorite side dishes. You understand?”
“Of course. The chefs at Taesung Hotel are quite good.”
The chief of security at the Blue House waved his hand and disappeared into the room.
The head of the central government chuckled.
“I thought I had to open the water torture room without any choice. It turns out that Su-soo is really quite resourceful.”
“you’re welcome.”
“It’s become meaningless to boast about helping with the acquisition of Yukong.”
“No, thank you for your concern.”
“Instead, the Olympics.”
The deputy prime minister winked one eye.
“Let’s replace that with meddling.”
The chief of police slammed the door shut.
The conglomerate chairmen looked back at their grandfather and felt regret.
“Chairman Cha, it is difficult to raise $25 million today… … .”
“Of course it is enough!”
Maybe 250 million dollars would be a different story.
“I wonder if Taesung Group doesn’t have enough money to buy a single tanker?”
“Ahem!”
“Don’t worry about useless things, and don’t be greedy for nothing!”
Because I felt like I had missed a great opportunity right in front of me.
The conglomerate chairmen nodded their heads with a sigh of resignation.
“Chairman Cha, your son has done a great job farming.”
“They say that one well-raised vice president is worth ten affiliates.”
“Thanks to your son, Taesung was able to save 975 million dollars.”
Chairman Cho of the Geumjo Group added, glancing at his father.
“You know what? This guy alone saved over a billion dollars.”
“What are you talking about?”
“His Excellency the President promised me earlier. If we can acquire Yukong for less than 200 million dollars, His Excellency will take that into consideration.”
“Huh!”
Everyone’s eyes were on father.
“When that picky gentleman says something like that… … .”
“Are you saying that even if you die and wake up, you can’t bring in less than 200 million dollars in royalties?”
“Hey, what kind of talent did you have to eat Yugong like this?”
The conglomerate chairmen slowly approached my father.
“What was the secret to making this negotiation a success?”
“What do you intend to receive from Your Majesty?”
“Can’t you let us cross the Cheongwol Bridge?”
“Our three emperors are also prepared to work together with you to carry out the affairs of the country.”
My father looked embarrassed and wiped his face with his palm.
“It’s too early to make any conclusions. Nothing has been concluded.”
“Of course. I haven’t even stamped the contract yet.”
I opened my coin purse.
I put a neatly folded piece of paper in my father’s hand.
“Dad, here’s the contract.”
President Shim let out a hollow laugh.
“Is it really just one page?”
“I told you from the beginning. If you write it according to the six principles, one page will be enough.”
“It’s a deal worth 400 million dollars, so if you don’t have sincerity, it looks like you’re not doing it right.”
As the contract came out of my arms, the Gulf people cheered.
“Thank you! Long live the major shareholder!”
“What are you doing, Captain? Hurry up and stamp it!”
He pushed the back of the Gulf negotiating team leader who suddenly got up as if he had been waiting.
I looked back at President Shim and smiled.
“You see? Even a one-page contract would be okay, right?”
“… … .”
President Shim shook his head and glanced down at the typewriter and briefcase he was carrying under his arms.
His eyes were sad and empty.
At that moment, people at the entrance to the Taesung Hotel bar started to chatter.
“No, who am I looking at right now?”
“Oh my God! How did that guy get here?”
“How did Warren Buffer, the legend of Wall Street and investment genius, end up at the Taesung Hotel?”
When the president appeared, the crowd parted like the Red Sea.
As soon as Warren Buffer appeared, everyone rushed towards him and swarmed him.
“Mr. Buffer, it is truly an honor to meet you! (Mr. Buffer, it is truly an honor to meet you!)”
“Nice to meet you, I’m Koo Il-seong from Il-seong Group! (Nice to meet you, I’m Koo Il-seong from Il-seong Group!)”
“Are you here to look for an investment destination? So what about our Sam-hwang Group? (Are you here to look for an investment destination? So what about our Sam-hwang Group?)”
Senior government officials and politicians were no exception.
“Are you coming to Korea for business investment? (Are you coming to Korea for business investment?)”
“Are you not interested in investing in national key industries with the Korean government? (Are you not interested in investing in national key industries with the Korean government?)”
“He serves as the leader of the Republican Party. Would you like to take a picture together? (I serve as the leader of the Republican Party. Would you like to take a picture together?)”
“I am a member of the New Democratic Party. Please take my business card here. How about exchanging business cards? (I am a member of the New Democratic Party. Please take my business card here. How about exchanging business cards!)”
Warren Buffer looked up, his head tilted upwards, even as he was surrounded by people.
Then, my eyes met with mine as I was held in my father’s arms.
Warren Buffer raised his hand in delight.
“oh!”
Warren Buffer pushed his way through the crowd.
Grandfather opened his mouth wide in surprise.
“Somehow it feels like a Wall Street legend is coming our way. Seongjun, what do you think?”
“It looks that way to me too.”
“What brings you here? Are you here to see His Excellency the President?”
“Seeing the foreign minister and the Blue House security guards panicking, I don’t think that’s the case.”
“I guess so? If there was a prior arrangement, we, the hosts, would have been contacted as well… Wait.”
Grandfather rubbed his eyes and looked again.
“Seongjun, that thing Warren Buffer is holding right now. Isn’t that the New Year’s Eve invitation we made this time?”
“Yes, I think so.”
Like someone who is afraid of getting lost in the crowd.
Warren Buffer was coming this way, holding the invitation high.
The invitation, shining in a sparkling gold, was something I had definitely sent with great care.
People who saw it were equally surprised.
“Warren Buffer brought you an invitation to New Year’s Eve?”
“You didn’t come to Korea to make year-end donations, did you?”
“If that was the case, the Chief of Staff of the Blue House would have come with me!”
“Then, does that mean that Taesung Group Chairman Cha personally invited Warren Buffer?”
“That, that can’t be true! There’s no way Chairman Cha would have such connections.”
People’s eyes were focused on the grandfather.
Everyone looked at me with mixed feelings.
Taking advantage of the gap, several white bodyguards and secretary Tom quickly surrounded the area.
“Please excuse me for a moment. (Excuse me for a moment.)”
“Please stay out of the way. (Please step aside a little.)”
“Thank you, thank you very much. (Thank you, thank you very much.)”
Warren Buffer, who was able to walk in briskly thanks to that, smiled brightly and waved the invitation.
Looking at me being held by my father.
“Hey, Taesung Brain! Thank you for your invitation! (Hey, Taesung Brain! Thank you for the invitation!)”
“… … !”
Celebrities from the political and business world looked at my father in surprise.
Whatever.
Warren Buffer laughed out loud.
“I heard you acquired an oil field in Saudi Arabia? Congratulations! (I heard you acquired an oil field in Saudi Arabia? Congratulations!)”
“… … !”
“I want to invest in oil field development, how much does it cost? (I want to invest in oil field development, how much does it cost?)”
Everyone’s mouths opened wide at the sound of the heredity.
“Did Taesung get his genes from Saudi Arabia?”
“Berkshire Hathaway is willing to invest in genetic development?”
Not only the heads of conglomerates but also the vice ministers of each ministry were looking at us.
“Is that why you gave Yukong’s share to Taesung instead of us?”
“Does Gulf also want to get involved in Saudi Arabia’s oil field development?”
“Yeah, now it makes sense. Why would someone sell something worth a billion dollars for $25 million for no reason?”
“What kind of great genetics must Gulf Love and Berkshire Hathaway have to have to cause such a fuss?”
Warren Buffer didn’t stop there.
“As promised, I also brought Gulf stock. (As promised, I also brought Gulf stock.)”
Warren Buffer winked.
“2%! Sure? (2%! Sure?)”
The Gulf people sighed softly.
“It’s over.”
If Warren Buffer joins me, I will have secured a 52% stake in Gulf.
This meant that even if I proceeded with hostile M&A procedures, Gulf could not stop me.
Grandpa leaned toward us and whispered.
“Jeonghyeok, why did you ask that gentleman to bring me Gulfsa’s shares?”
“I’m thinking of acquiring Gulfsa.”
Grandfather and father shouted at the same time.
“what?”