When they saw Park Jin Hyuk and his group walk into the conference room, the Bayer guests all stood up.
"Hello! I'm Park Jin Hyuk from DS Pharmaceuticals."
"Hello! I'm Bayer Group's CFO, Dr. Baumann. This is Dr. Schneider, Bayer's Vice President and General Manager for the Americas."
"I'm very sorry. As the host, I should have come here first to wait for you. I'm sorry."
"It's okay, we just arrived."
Park Jin Hyuk observed the other person while shaking hands.
As Jin Junyu said, due to the time difference, both of them looked tired and had not had time to shave.
Their suitcases were placed against the wall.
"Please take a seat."
As he spoke, Park Jin Hyuk glanced towards the door. He was waiting for Mao Dayong to come over.
After a while, Mao Dayong pushed the door open and walked in.
Park Jin Hyuk introduced the guests:
"This is President Mao Dayong of DS Pharmaceuticals."
However, after seeing Mao Dayong, Bayer's guest frowned.
"Manager Park, we're here to discuss some personal matters with you. It would be best if other people don't attend."
"Personal matters? Aren't you all here to discuss company business?"
"no."
Park Jin Hyuk looked at Mao Dayong apologetically. Mao Dayong immediately understood what Park Jin Hyuk meant, so he stood up and left the meeting room.
"Personal matters? What exactly is it?"
Park Jin Hyuk looked at the other party, waiting for the guests to speak first.
Bowman and Schneider looked at each other, and then Bowman said:
"We came to see you because of the shares of North Pharmaceuticals that you hold."
After hearing his words, Park Jin Hyuk relaxed.
'It seems they want to buy my shares.'
He said calmly:
"Are you planning to buy my shares? What price are you going to offer?"
The two guests from Bayer were speechless for a moment after being asked by Park Jin Hyuk.
In fact, Park Jin Hyuk had no intention of selling his shares.
The current situation and development prospects of North Pharmaceuticals are very good. In this case, he has no reason to sell his shares.
The reason why he asked the other party for an offer right away was because he didn't want to waste time with the other party here.
It was originally thought that the price would only be discussed after the talks reached a certain point. Schneider and Bauman looked at each other and both laughed.
Schneider said to Park Jin Hyuk:
"We know how much money you've invested in North Pharmaceuticals. What price do you plan to sell it for?"
"The company's current situation has changed dramatically compared to when I invested. Is it still meaningful to discuss my investment amount now?"
"You are right. Let us make an offer first."
After saying that, Schneider turned and gestured to Bauman.
Bauman took out a document from his briefcase and handed it to Park Jin Hyuk.
"After considering North Pharmaceuticals' development potential, your equity stake, and your position as the largest shareholder, we are willing to offer $500 million."
After hearing what the other party said, Park Jin Hyuk curled his lips slightly.
$500 million, which is about the same as the offer he got the last time he went to Austria.
'It looks like this is just the beginning of the negotiations.'
Park Jin Hyuk looked down at the document.
He believed that Bayer must know what prices others had quoted before.
They intentionally quoted a slightly higher price to test the waters.
Park Jin Hyuk returned the document to the other party with a smile.
"Please give me a new quote."
He did not say whether the price was low or high, but directly asked the other party to re-quote.
Park Jin Hyuk didn't want to keep bargaining like he had in previous negotiations. He could probably infer the other party's true thoughts through the other party's second offer.
Schneider was a little surprised to hear Park Jin Hyuk say this. He lowered his head and thought about it, then nodded to Bauman.
So, Bauman spoke again:
"You're not satisfied with our first offer. How about this? We'll pay $500 million upfront, and then pay an additional $20 million per year for the next 10 years, for a total of $200 million. What do you think?"
Hearing this, Park Jin Hyuk laughed out loud.
"Hahaha! Are you two here to see me to buy my shares? If that's the case, you should have made an attractive offer. 200 million US dollars for 10 years? Are you kidding? You should know who I am, right?"
Park Jin Hyuk put away his smile.
"Although I can't compare with a giant international company like Bayer, I am still the heir to the DS Group. My personal assets have already reached hundreds of billions of won. Do you think I would be tempted by paying me an extra 20 million US dollars a year? You two are so insincere."
After saying that, Park Jin Hyuk stood up. He already knew the other party's highest psychological offer.
"A one-time payment of $700 million or $800 million is about that level."
While in Austria, he was offered $400 million.
In comparison, the offer of 700 to 800 million US dollars is not low, but it is not attractive to Park Jin Hyuk.
Seeing Park Jin Hyuk getting up to leave, Bauman said hurriedly:
"Okay, let's add one more thing: Bayer and DS Pharmaceuticals will establish a business partnership. Furthermore, we can pay the installment payment in one lump sum."
After hearing this, Park Jin Hyuk sat back in his seat.
He looked at Schneider and Bauman and could tell that they came with a mission and that they must come to a conclusion on this matter today.
This chapter is not finished yet, please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
