Rebirth I Am a Chaebol In Korea

Chapter 295 Cross Shareholding

"It's nothing, Executive Gu, but I'm bothering you at such a late hour."

"President Zhou, did you call me for something?"

"Yes, I do have something I want to talk to you about. I wonder if you have time now."

Zhou Wenhai glanced at Li Fuzhen and said that the other party immediately understood what he wanted to talk to Gu Guangmo about.

"Yes, I have time."

"Where are you, let me see you."

"I'm at home in Longshan District. I'll send you a location. Let's meet there."

"Yes, ok, I'll go right away."

Zhou Wenhai found that Li Fuzhen was also packing his things while he was hanging up the phone.

"President Zhou, let me go with you, I just happen to be going home too."

Li Fuzhen has lived with his parents in a villa in Longshan District since his divorce.

"yes."

Zhou Wenhai felt rather flattered.

"Zhien, I still have some things to deal with. It's a bit difficult to meet today. You should go home and rest first."

After getting in the car, he sent a message to the other party, canceling today's appointment.

"Yes, you should rest early, too."

The other party replied.

Yongsan District, Seoul

In a coffee shop not far from Gu Guangmo's home, he sat in a box and waited quietly. This shop belonged to his wife and was a high-end private meeting place. The manager stood at the door for him. Greet guests.

"President Li, President Zhou, please follow me."

The store manager recognized Li Fuzhen, and she led the two into the box where Gu Guangmo was.

As soon as they met, Zhou Wenhai went straight to the point and told Gu Guangmo again what he had talked with Li Fuzhen before. He hoped that Gu Guangmo would stand firmly on his side and support him.

Gu Guangmo glanced at Li Fuzhen next to Zhou Wenhai. Since she was willing to accompany him to meet him, it meant that Samsung would not easily agree to Xu Qingpei and others' proposal.

"President Zhou, it's no problem for you to ask LG Group to support you, but since you mentioned this, I also have something to discuss with you."

From Gu Guangmo's eyes, Zhou Wenhai noticed that what he wanted to say might not be that simple.

"Yes, Executive Gu, please tell me."

"Yes, before that, I hope that Chairman Zhou will not be dissatisfied with this suggestion of mine. I came to discuss this matter with you with the intention of LG Group and Five Star Group to develop long-term cooperation. "

Gu Guangmo's attitude is sincere, Zhou Wenhai can't see any bad intentions in him for the time being, Li Fuzhen on the side is also listening carefully to what the other party will say next.

"Yes, but it doesn't matter if you say so."

"The relationship between SK Group and our LG Group is very delicate. We are both competitors and have had some cooperation, so from a common sense, if SK Group really wants to join forces with Lotte Group, our LG Group can't do anything."

Speaking of this, Gu Guangmo smiled apologetically, and continued: "However, if Chairman Zhou allows us to hold a small share of Five Star Group, then our LG Group will be obliged to help you fight against other enemies. "

Oh, having said so much, Gu Guangmo wants to buy his shares in Five Star Group.

"Executive Director, how many shares does your LG Group want to buy from our Five Star Group?"

"President Zhou, my father and I admire you very much. In order not to let people say that our LG Group is taking advantage of the fire, we only buy 8% of your Five Star Group's shares. Of course, you can also put forward your ideas."

According to the current market value of Five Star Group, LG Group needs to spend no less than 400 billion won in cash to acquire 8% of their Five Star Group shares.

However, it would still be a disadvantage for Zhou Wenhai to only take cash, he thought for a moment in his mind and said, "Executive Gu, according to what you said, if I agree, then President Li can ask me in the same way? At that time, I'm afraid that the shares of our five-star group will be divided up by you."

Zhou Wenhai and Gu Guangmo looked at Li Fuzhen almost at the same time, "President Li, according to your understanding of President Li, would he do this?"

"I don't know either."

Li Fuzhen pretended not to know on the surface, but he knew very well in his heart that according to his father's usual style, he would definitely make the same request as LG Group.

"In my opinion, President Li has an 80% chance of doing this."

Gu Guangmo laughed.

"So, Mr. Gu, 8% of the shares is a bit high. If you propose to acquire 8% of the shares, President Li will also propose to acquire 8% of the shares."

"President Zhou, what do you mean?"

"Well, executive director, I can understand your sincerity. If Chairman Li doesn't propose to buy our shares in Five Star Group, then I will transfer 8% of the shares to you LG Group, but if Chairman Li We also asked our Five Star Group to transfer shares to Samsung Group, then I can only give you two 5% of the shares each.”

Zhou Wenhai understands that in this era, it is impossible for him to maintain a 100% shareholding in the Five Star Group, so he only intends to take out 10% of the shares. If the other party asks for more, then he will never agree.

"Okay, I'm fine."

Gu Guangmo expressed his position immediately.

"President Li, what about you?"

Zhou Wenhai asked.

"I'll give you an answer when I go back and talk to my father, tomorrow night at the latest."

"Okay, but..." Zhou Wenhai turned his head to look at Gu Guangmo and said, "Executive Gu, no matter whether your LG Group buys 5% or 8% of our Five Star Group's shares, I have one condition."

"What conditions?"

"I personally want to hold the same shares as your LG Telecom Corporation."

LG Telecom is the smallest of the three major mobile phone operators in South Korea. The other two are KT and SK Telecom. According to the ratio of market value, Zhou Wenhai asked to exchange 5% of Five Star Group shares for 5% of LG Telecom The stakes are not excessive at all.

"President Zhou, the request you made will not be answered until I come down to discuss it with my father, and I will do it by tomorrow night at the latest."

Gu Guangmo did not directly refuse, which shows that the cross-shareholding between them is not a big problem.

"Yes, then I will wait for your news."

After talking about things, Gu Guangmo went home by car. At this time, only Zhou Wenhai and Li Fuzhen were left standing on the street outside the coffee shop. It was 12:40 in the morning, and the number of people on the street was much less than before .

"President Li, I will leave today's matter to you."

Zhou Wenhai bowed to Li Fuzhen again.

"Yes, but, Chairman Zhou, if my father really wants to acquire the shares of your Five Star Group, do you have any position that I should convey to you?"

At this time, a gust of wind blew up in the sky, Zhou Wenhai stood opposite Li Fuzhen to block the blowing sand for her.

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