The penniless son of the penniless ...

Chapter 247 Arrogant Joeson Wilson

Johnson Wilson was somewhat helpless about the bargaining chip bottom line given by the headquarters. How could it be so easy to convince the other party to make a big concession? The funds involved in the concession were often millions or even tens of millions of dollars!

What made Jonson Wilson even more embarrassed was that Liang Guangyu, the vice president of Sanshang Department Store, seemed to have disappeared. He could not get through to the phone number he had left for him. This situation made him very confused. This guy had been acting like a man who would not show his hand until he saw the rabbit. But now he was quietly disappearing. What did he mean? !
……

However, this did not prevent Johnson Wilson from contacting other shareholders. After all, in his opinion, as long as he could receive the expected number of shares from other shareholders, he could also achieve his goal.

As for the company's third largest shareholder, Comet Capital, although it is a financial investment institution registered in the United States, Johnson Wilson has not heard any rumors about it. It was only after he came to Goryeo that he heard some news about Comet Capital and KB Bank.

However, these Koreans made the Comet Capital story so fantastic that he was quite puzzled. He even thought that it was just these inexperienced guys bragging and spreading rumors. He did not believe that Comet Capital really had so much money to compete with big international retail giants like them.

As for KB Bank, it is more like a shell financial institution, and some of the news that came out before were just gimmicks to fool people!
(Note: Since Goryeo had just filed for bankruptcy at the beginning of the year and received assistance from the IMF, it was able to survive. In this case, even though Comet Capital acquired many subsidiaries of large companies with poor financial conditions, in the eyes of Johnson Wilson, they were just some strength.)
So when Comet Capital received a call from ABC Company, wanting to visit and discuss matters related to the transfer of shares of Sanshang Department Store, Zhang Junfeng almost laughed out loud. He was a little curious, didn't these silly foreigners investigate the specific situation of the other party before visiting?

But even so, Zhang Junfeng still agreed to the other party's request for a visit. He was very curious about what exactly this ABC company was planning, so why was it so confident and sure that it could take over the management rights of Sanshuang Department Store?
……

When Zhang Junfeng saw Jason Wilson, the representative from ABC Company, he couldn't help but take a closer look at him.

He had a thick beard, but it was neatly trimmed, and he was wearing a dark blue high-end suit. But his eyes were always rolling around, revealing a cunning energy, as if he was always calculating some conspiracy.

When the staff from Comet Capital introduced Zhang Junfeng's identity to the other party, the other party was quite dismissive of this very young Asian financial institution head, and seemed not to put him on an equal footing at all.

Zhang Junfeng was even more curious about this guy who looked down on others. He wondered what kind of idiotic words this guy with a head full of paste could say. It was with this thought in mind that Zhang Junfeng did not lose his temper on the spot. Instead, he sat in the meeting room with interest and listened to the other party's beeping.

When Johnson Wilson expressed his willingness to buy all the shares of Sanshang Department Store at 90% of the market price, and acted as if "this is a kind gift from our ABC company", Zhang Junfeng could no longer hold back and burst into laughter, which made the people present curious and puzzled. After a while, Zhang Junfeng stopped laughing and asked Johnson Wilson, the arrogant guy, in fluent English, "It is your ABC company that needs help now, not Comet Capital, right?"

"As a leader among retail enterprises with outstanding performance like San Shang Department Store, how can you have the nerve to offer such a small amount of money to buy out other people's shares? Or are international retail giants like you ABC actually so poor that you can't even afford the cost of the acquisition?" Zhang Junfeng's words were quite sharp, and he did not forget to mock the other party's stinginess in the end.

Being ridiculed by a young man like Zhang Junfeng, the arrogant Jason Wilson could no longer hold back. He originally wanted to put on airs and bargain, but he didn't expect that Zhang Junfeng, the head of the organization, would not buy it at all. Moreover, it seemed that the other party was not afraid of foreigners like them, which made him quite unhappy.

Even though he had met Liang Guangyu several times before, and the negotiations between the two sides went well, deep down he still looked down on Liang Guangyu, a guy who would even sell out the interests of his own company.

……

"Mr. Zhang, if you are not satisfied with the acquisition price this time, we can also offer a 5% premium on top of the market price. As long as Comet Capital is willing to sign a share transfer contract, the acquisition money will be in place later~!" Seeing that there was no way to lower the price, Johnson Wilson decisively chose to raise the price the next moment.

However, Zhang Junfeng was not happy with the price increase and the magnitude of the increase. He continued to taunt, "Mr. Wilson, with the way you offer prices, I doubt if ABC Company has financial problems! If they are really in financial difficulties, they can apply for a loan from KB Bank in Korea!"

"As long as your ABC company can provide equivalent collateral, KB Bank can still provide you with a loan of up to 5 million US dollars. You may wish to consider it. After all, a retail giant like your company is offering such a low acquisition price, which really makes people doubt your company's strength!"

Seeing Zhang Junfeng mocking ABC Company again, Jason Wilson couldn't help but feel a little broken. He originally thought that he could easily control the young man in front of him, but he didn't expect that he would be provoked and mocked by the other party one after another. If possible, he really wanted to beat him up, that mouth was really too much!

However, he soon realized something, as he had not completely lost his mind. Since Zhang Junfeng could so casually say that he could get KB Bank to loan 5 million US dollars, the other party's strength was indeed much stronger than they imagined. Their previous investigation was indeed not thorough enough!
Just when Johnson Wilson was about to adjust the price again, Zhang Junfeng stopped him and said, "Sorry, we still have a lot of important things to deal with. We haven't seen ABC's sincerity in the acquisition yet. Mr. Wilson, why don't you go back and discuss it with your boss? When you have a more attractive acquisition price, come back and talk to us~!"

(End of this chapter)