The Underground Emperor: Starting with Running Away with His Sister-in-Law

At most, we can only acquire another 24% of Babel Construction's shares...

That is to say...

"If we don't invest additional capital, acquiring 47% of Babel Construction's shares is our limit!"

150 billion won...

However, it was only enough to acquire 24% of Babel Construction's equity.

in other words...

Babel Construction's market value has now been inflated to over 600 billion Korean won.

This has far exceeded Ding Xin's original budget!

To know...

Ding Xin only prepared 800 billion won in funds to acquire the entire Babel Group.

Of that, 600 billion won...

This was a "friendly sponsorship" from Chen Junyu, the former chairman of the Babel Group, before his death!

And what about the other 200 billion won...?

It was a group of people, including Huang Chunzhi and Zhang Yishuai, who were Ding Xin's subordinates.

This was something Ding Xin had promised them before the operation even began...

Everyone benefits from this!

One conglomerate is enough to feed everyone to their hearts' content!

Under normal circumstances...

Thanks to Ding Xin's brilliant maneuvering, Babel Group's overall market value has dropped to less than 40% of its original value.

That is to say...

Eight hundred billion won in funds...

That should be more than enough!

Let's further allocate the required capital investment according to the industry distribution...

It should only require less than 200 billion Korean won to complete the acquisition of Babel Construction Company!

To put it simply...

Even if I can't get 100% of the shares...

But there's absolutely no problem with having 70% or 80% of the shares!

However...

Plans can't keep up with changes.

Now, a competitor has suddenly appeared out of nowhere, creating competition, and the budget is completely insufficient!

in other words...

If we want to acquire the assets according to the predetermined ratio, we need to continue to invest!

"At a time like this, someone actually dares to come out and try to raise the price against us?"

Ding Xin raised an eyebrow, leaned back, and didn't rush to ask any more questions. Instead, he lit a cigarette, took a deep drag, and slowly said, "Tell me, who dares to mess with us? Don't they want to live?"

The voice just fell.

Huang Chunzhi lowered his eyes and answered decisively, "It's Shunyang Construction Company and Xinjin Construction Company..."

......

Chapter 529 Reasons for Participating in the Acquisition

"Shunyang Construction Company? A newly established construction company?"

Ding Xin paused slightly as he was smoking.

He never expected that the competitors Huang Chunzhi mentioned would be these two companies.

Speaking of which...

He has quite a history with these two groups.

First, there's Shunyang Group...

When the Kinmen Group was first established...

Our Uncle Ding had some friction with Chen Xingjun, the next-generation heir of this long-established South Korean super conglomerate.

but...

In the end, that small conflict was resolved satisfactorily.

The two even "turned hostility into friendship" and became true "brothers-in-law," making their relationship quite delicate.

Secondly, there are the newly joined groups...

Although this group is not as large as Sunyang, it is still one of the top conglomerates in South Korea.

In particular, its construction company is hailed as a pillar of South Korea's construction industry!

Although there's a lot of bragging involved...

But since they dared to make such a boast, it proves that they have some confidence!

The current situation is...

Kinmen Group's main industry is also the construction industry, so it is inevitable that the two sides will have many frictions in business.

certainly...

That's usually Ding Qing's business, but he'd only mention it to Ding Xin occasionally.

Ding Xin kept this in mind.

in addition...

Ding Xin had heard about the new group from Mu Xianmin several times.

on the one hand...

This is because the group's reputation has never been very good, and the current chairman, Cho Dong-gun, is a frequent visitor to the prosecutor's office, so they have always had a high level of media exposure.

on the other hand...

It was also because of the matter between Mou Xianmin and Chen Xingjun.

As mentioned before...

Chen Yongji, the current chairman of Shunyang Group...

He was very dissatisfied with his daughter-in-law, Mou Xianmin, who had never provided any assistance to Chen Xingjun!

So starting from the beginning of 2008...

They were secretly pushing for a merger between Shun Yang Group and Xin Jin Group!

They wanted Chen Xingjun to remarry Zhao Xiuzhi, the second daughter who had recently joined the group, in order to solidify Chen Xingjun's position as the group's heir.

However, this did not escape the notice of Mu Xianmin and Xiancheng Daily.

This led to a very unpleasant situation between the two sides!

Later, seeing that things had happened...

Shunyang stopped hiding his intentions and directly began divorce negotiations!

certainly...

Marriages between chaebols, whether they end in marriage or divorce, are never simple matters.

Especially for large enterprises like Shunyang Group, Xinjin Group, and Xiancheng Daily, there are too many aspects involved.

So much so that a year has passed...

Although the marriage between Mou Xianmin and Chen Xingjun is already dead in name only, the two are still bound by a marriage contract.

can only say...

The interest groups behind them haven't reached an agreement yet!

Regarding this...

Even our Uncle Ding could only say there was nothing he could do to help...

after all...

Even an upright official finds it hard to settle family disputes!

What he can do...

At most, he would curse a few words on behalf of Mu Xianmin to vent his anger when they were doing import and export trade worth hundreds of millions of yuan.

Getting back to the main topic...