The following day, a group of people from Hengshun Law Firm, Yingcai Accounting Firm, United Capital Financial Guarantee Branch, Xiangjiang Puhua Consulting Company, and others arrived.
In the morning, Lu Feng held a meeting with them to discuss legal, financial, asset disposal, and intellectual property issues that arose during the acquisition.
Because Japan has not joined many alliances or international treaties, it faces fewer restrictions under international law, and there are also few restrictions under its own intellectual property protection laws and core asset verification. This is just a very ordinary international acquisition case.
Around noon, Hirata Ichiro had just finished a meeting and met with Lu Feng in the afternoon. He had just finished reviewing some of the submitted materials and was not very satisfied with the price of 45 million US dollars.
This price was the lowest he could accept in his mind. He absolutely couldn't offer such a price during the first formal negotiation. As a professional head of the asset department, he already sensed something was wrong, but he just didn't say it at the meeting.
As I left the meeting room to go eat and then take a short lunch break, the afternoon's tug-of-war was about to begin. I had only taken a few steps out of the meeting room when Watanabe Shi approached me.
“Wait a minute, Minister Hirata!” Watanabe said, looking at him. “I have something to tell you.”
"Is there anything I need to hand over?" Hirata Ichiro asked.
“It’s about Ruixin Laboratory. I have some materials here.” He held up his hand, revealing a document bag, and said, “It’s about Jiafeng Electronics and that guy named Lu Feng.”
"This is my business. I expect you to manage the business division properly, instead of meddling in the asset department!" Hirata Ichiro glared at him angrily. To him, this was simply an intrusion into his business.
"If you cause huge losses to the group, can you bear the consequences?" Watanabe stared at him and said, "It's just letting you know some things."
Hirata Ichiro composed himself and nodded, saying, "I apologize for any offense. This way, please."
The two entered the conference room. Watanabe threw his things on the table, sat down, crossed his legs, and said, "This guy offended Mr. Buffett a few months ago and is using his name to commit international fraud!"
"What does this have to do with us?" Hirata Ichiro asked.
"Offending Mr. Buffett is, in a sense, offending Wall Street. Don't you have any international perspective?" Watanabe lectured. "The group is having cash flow problems. Who do you need to borrow money from? If you sell this lab to him, he'll go back to making pagers, which would put him in the same boat as Motorola and Panasonic. You're simply stupid!!"
Watanabe Shigeaki and Hirata Ichiro were equals. Anyone would be furious to be scolded like that by someone of the same rank. Hirata Ichiro picked up the documents on the table, glanced at them, and said in a deep voice, "I am only in charge of the Assets Department. I don't care about international affairs. Also, Minister Watanabe, you shouldn't stay in this country. You should go to the United States. I can see that although you are here, your mind has already gone there."
"You should realize what kind of world this is. If you want to do global business, you should find the right boss. You'll ruin the company. I'm going to tell the chairman about this. You can just wait to get out!" Watanabe thought that his warning would make Hirata Ichiro understand, but he didn't expect him to be so stubborn.
He walked to the door, then suddenly turned around and questioned, "I heard that you used to really like Tang Dynasty culture. Could it be that you're going to extend that affection to other companies and give away their profits?"
Hirata Ichiro laughed when he heard this conjecture, looked at his absurd face, and asked in return, "Then how much did you give to Wall Street?"
Watanabe Shi didn't say anything and went straight out the door.
At 3 p.m., Lu Feng and his group of 20 people arrived at the headquarters of Rohm Semiconductor Group. Hirata Ichiro personally came down to greet them. They exchanged pleasantries at the entrance for a while before going upstairs to the conference room.
As soon as the two sides sat down, Hirata Ichiro began to speak. His translator, with a thick accent, said, "We warmly welcome Mr. Lu Feng and his delegation. We will get straight to the point. The offer for Ruixin Laboratory has been approved by the board of directors, and we have presented a very sincere price of sixty million US dollars!"
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