Breaking Up Is Better Than Divorce

chapter 24



hammer and anvil

“Is it a good investment? Of course it would be nice to have something like that.”

Eugene responded with an innocent face and gladly answered.

“As I said before, I am the Vice President of Development and Acquisitions at Trump Organization, and at the same time I am the head of the Ivanka Trump Lifestyle Collection. The Ivanka Trump Lifestyle Collection is a successful business in a wide variety of fields, from high-end jewelery to mass fashion.”

I thought it was because of this that she came to see her, not anyone else.

Hearing that someone who made hundreds of millions of dollars in derivatives is looking for an investment place, he seems to be trying to get them to invest in their own business.

Ivanka’s fashion business, like many of her father’s businesses, relied entirely on the name Ivanka Trump.

To be honest, the business performance isn’t that great.

“Hmm, not the kind of business I was thinking of. Fashion and jewelry.”

“It’s a much more attractive field than I thought. There is also a store here in Trump Tower, so it wouldn’t be a bad idea to stop by.”

For some time, Ivanka eagerly explained her business.

As Eugene knew, the Trump family had been doing business with a wide variety of people in quite a few different ways.

And despite many failures in such a partnership, they did not get tired and started a new business.

That is, they are people who never give up when it comes to making money or seeing money.

“Honestly, I am not a stranger to fashion… Anyway, I am interested in Ivanka’s business. If so, can I get an investment proposal first?”

“Sure. I will write it down and send it to you right away.”

Ivanka responded enthusiastically and once again promoted her company.

“Oh yeah! I was seated with such a famous person, and I want to leave even a small commemoration. Can we take a picture together? I want to post it as a record on social media. All my friends will love it.”

After listening to Ivanka’s proposal for a long time, Eugene requested a photo shoot to build friendships.

“Sure.”

Ivanka wasn’t the one to turn it down.

Even so, she was busy with her fashion business, giving interviews to dozens of magazines a year, and posting pictures of herself.

Of the dozens of women’s magazines you see in bookstores, you can find her articles in two or three.

It’s not because she’s a great celebrity, but because she’s passionately created such opportunities for her business.

Ivanka had inherited the method of using the media from her father, and was the woman who made the most of it among her siblings.

The meeting with Ivanka was mutually favorable. Of course, both of them have something they want.

“He was very tall.”

Yooseong’s first impression, knowing nothing about Ivanka, was her height.

She is 180 cm tall and wears high heels, so in fact, anyone will notice her height.

“My father is 190, and my mother must be very tall.”

“no wonder. But I think she’s a very ambitious woman. They seem to want to somehow make an investment in their own company.”

“Isn’t that the right attitude for business people? It’s not uncommon in America to have someone with $800 million in cash, right?”

“Haha, I get goosebumps when I see it again. 8 billion dollars. Not long ago, it was 200 million dollars. It’s also huge…”

“Today’s photo with Ivanka, pick one that came out well and upload one.”

There is nothing harsh about it as we have obtained the permission of the parties.

“This is the first picture I took with a celebrity. But he’s famous, isn’t he?”

“In America. Because her father is America’s best aggressor, and she’s been on the popular show Apprentice for over 10 years already. In Korea, only those who know it know it.”

The current level of awareness is not that important.

But a year later, this photo of Ivanka sitting and chatting affectionately will prove of great value.

“Then do you plan to work with a woman named Ivanka?”

“maybe. Unless the conditions are bad.”

I don’t want to miss the chance to get close to the woman who will become the president’s daughter in two years and who will become the head of the White House.

This is especially true at this point in time when the other person has no idea of your own worth.

Once you take the position of the president’s daughter, the amount you need to bet on will rise exponentially.

Two years later, through an insurance company, China is offering billions of dollars in investment to Ivanka’s husband, Kushner.

Of course, the investment was canceled due to a conflict of interest, but after that, countries in one way or another gave Ivanka and Kushner a large investment as a gift, and continued efforts to win the favor of the President of the United States.

So, whatever investment you are making now is cheap.

Of course, I don’t even have the slightest intention of giving it a go.

It should be approached from an equal level or a position of giving favors to the end.

“I have one request.”

A few days later, I asked William.

“yes. Say anything.”

“Can you connect me to the Carlyle group?”

“Sure. By the way, are you thinking of setting up a fund in the Carlyle side?”

William asked a little nervously.

“no. I am interested in the Freescale stake they have.”

“It’s Freescale Semiconductor, so there’s a lot of talk these days, right? They say they are still confused after the plane crash that crashed in Malaysia earlier this year.”

“I hear rumors that not a few shareholders are considering an exit. I want to know if it’s the Carlyle side as well.”

“Hmm, I see. Let’s check it out.”

After confirming that Eugene had no intention of relocating his investment, William relaxed.

“And I have one more request. There is a company in Frankfurt called Fückler Zimmermann Precision Machine Development. We want to take over, but, as you know, we don’t have the manpower to do so.”

“Fückler Zimmermann is developing precision machines.”

William tried for a moment to bring his memory back.

“It’s a place I don’t know. Anyway, are you saying that you need an expert in the M&A field?”

“It’s a small company, so it’s natural that William doesn’t know. Probably less than 100 employees. Sales are no more than $30 million.”

“It would be quite difficult to acquire a German company. This is especially true for high-tech companies. I know that passing the government screening is the most difficult thing.”

“I know that. Still, the hurdles won’t be that high as a Chinese company isn’t taking over.”

Although a country that supports a capitalist economy and free trade, the German government is paying attention to the acquisition of foreign companies by its highly competitive high-tech companies.

In particular, excessive restrictions are placed on the merger of small and medium-sized German technology companies by Chinese companies.

It seems strange that the state does not grant permission to take over, which is a transaction between companies, but the German government is making the necessary examinations for acquisitions difficult, and there are various types of mergers and acquisitions that are invisible to the naked eye, such as scrutinizing the parts that require permission. barriers have been built

Germany has a competitive edge that is unmatched by other countries in the precision machinery sector, but it is natural to be alert as it is being pursued by China in the 2000s.

Moreover, the fact that many Chinese companies are virtually indefensible from the influence of the Chinese government has forced them to further strengthen their examinations and permits.

Still, it’s about setting up an invisible barrier level.

However, in the next three or four years, the government will directly block mergers and acquisitions with Chinese companies.

Then, they invested a large amount of money to create a sovereign wealth fund and started to provide support in the form of equity purchases to domestic companies that have become the prey of Chinese companies.

It is commendable that he has such a foresight to be honest, seeing that he has only been of Chinese descent.

“All right. First of all, I will contact the German subsidiary and arrange an expert there.”

“Are financial companies like BlackRock also looking for acquisition experts?”

After William returned, Yooseong, who had been listening quietly, asked.

“Most acquisition experts are in private equity. BlackRock also has a private equity division. In fact, BlackRock is not a major private equity firm, but even if it does not reach the top three private equity firms such as Blackstone and Carlyle, it will be able to satisfy the level we want.”

“I see. And did you say Fückler Zimmermann? Where do you think you’ve heard of?”

“It’s a German precision parts company. It has also been supplied to Daeyang Heavy Industries.”

“uh? okay? So are you familiar with it?”

“Anyway, you should be more careful about that company in the future.”

“I?”

Yoosung makes a puzzled expression.

“uh. It will be acquired as a subsidiary of Sungjin Precision. Since you are the boss, of course you have to take care of it. It is your job to go to Frankfurt to take over once you receive the data.”

“To Frankfurt? I? uh? uh…”

“Anyway, I don’t know anything about it. Isn’t that your major?”

“It is not. But why the sudden takeover? Do you think the technology is good?”

“The technology is good, there are patents.”

“Patent?”

“Daeyang Heavy Industries imported its parts and used them, but there are parts that have been delivered from other companies since last year. However, it seems that the patent has not been resolved.”

“okay?”

Yoosung’s eyes lit up.

“uh. So, the acquisition of Fückler Zimmermann could be a hammer for Daeyang Group.”

This is an event that will take place in the next few years or so.

A Chinese company took over the development of Fückler Zimmermann’s precision machinery, and Daeyang Heavy Industries found out that Daeyang Heavy Industries had applied for a similar patent for the company’s patent, and a legal dispute begins.

The industry most sensitive to patent disputes is not electronics, but ships.

If patent infringement is recognized even in one country, the vessel using the part cannot dock in that country.

For this reason, shipbuilders apply for thousands of patents every year to counter the patents of their competitors.

The ocean was unlucky. If there was a dispute between the same shipbuilding companies, it would be possible to negotiate with each other’s patents as weapons, but this time it was a precision industrial company in China and Germany.

Naturally, Daeyang was on the brink of defeat in the lawsuits that followed in the courts of both China and Germany.

In the end, Daeyang pays an undisclosed amount of compensation to purchase the patent, and conversely, presses other shipbuilders with the patent.

Of course, that won’t happen this time around. There’s no way Eugene will hand over the patent to the ocean.

“Why haven’t you been in a dispute with such a patent until now?”

“It’s not that big of a company. It’s not big enough to cover billions of litigation costs. And the founder died a while ago. Now his son has taken over the business, but he doesn’t seem to be very interested in small precision companies.”

For that reason, it is run moderately by the employees who worked under the founder, and two years later, it is sold to a Chinese who came with a bundle of money.

“Then it wouldn’t be difficult to take over, would it?”

“maybe. You can’t be distracted though. It’s a company we absolutely need, so we have to get it no matter how much it costs.”

“okay. I don’t know about acquisitions, but if it’s a necessary company, I’ll study hard from now on.”

“I’m going to leave the takeover to BlackRock anyway. I’ll get it no matter how much it costs. You just have to take it over and make it run properly. And pay attention to the patent part.”

“okay.”

A firm determination stood on Yooseong’s face.

It was a pity that I couldn’t tell you that the truth was that they were all stories I heard from Yooseong.

During the dispute with Daeyang Heavy Industries, Yooseong asked for his brother’s opinion, meticulously paying attention to every little detail related to the ocean, in order to win even the slightest bit.

Of course, it didn’t mean much. Whether Daeyang wins or loses a patent dispute with another company was a separate matter from Sungjin.

Still, Yoosung did his best to catch even a small victory.

It is ironic that the effort is being passed on through Eugene, who has returned to the past, and it is becoming a new opportunity for Yoosung.

A few days later, after receiving the report from William, Eugene called Kim Chul-ho, the third son of Dasan Group Chairman.

After returning to Seoul, Kim Cheol-ho was transferred from the vice president of Dasan Motor America’s headquarters to the vice president of Dasan Finance, a representative affiliate of Dasan Group’s finance division.

After that, he did not come back to the United States, and had been in contact by phone several times.

“I have to go see it, but I am too busy with this work. How are you?”

After contacting them a few times, I am now comfortable enough to talk.

“Your brother is busy, but I have to go see him.”

Eugene did not hesitate to call Vice President Kim ‘brother’.

“okay. Please contact me when you come to Seoul. Even if you don’t, there are people who want to see you.”

“haha. Who? Who wants to see me?”

“It’s our brothers. Big brother, of course, thank you for that, and it seems that the second brother is also interested.”

“this. I am very sorry that I am getting the attention of such great people.”

“What a pity. Anyway, that’s for sure.”

“Even if not, I was thinking of going in this time. We will contact you as soon as we enter. really! Speaking of the story, I wish I could see Vice President Kim Su-ho once.”

The purpose of Eugene’s phone call was to ask him to arrange an interview with the vice president of Dasan Electronics.

If it was Eugene a few months ago, it would have been unimaginable, but since helping Dasan Motors, Kim Cheol-ho has been showing his favor, so it was worth taking it out.

“okay? Then I will arrange a seat for you.”

Eugene, who made an appointment with the Dasan group’s leaders, immediately booked a flight to Korea.


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