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Chapter 911 Acquisitions

Tokyo, Toshiba Headquarters Building.

This place was once brightly lit and was once one of the most enviable working places in the island country. But now, when people mention this place, there is always a silent look, and even a little disgusted.

Toshiba Company, because of this incident, is not only not only notorious internationally, but also has a very poor reputation at home.

Toshiba's company violated the Batumi regulations and exported jing crypto processing equipment to the Soviet Union. It made its own profits, but it dragged down all the enterprises in the entire island country.

Although other companies have more or less exported various things to the Soviet Union, they have not been discovered. Now, Toshiba has exported machine tools, the United States and the entire NATO countries have distrustred the island countries' companies because of their exports. The subsequent evil punishment and tariffs have made them suffer.

Of course, these Toshiba companies are acceptable. They can ignore the eyes of their peers, but they cannot ignore their own profits.

All Toshiba's product production lines have been discontinued, and the tariff of 1,000% has completely closed the door to their exports. In China, zhèngfu's high fines have also put them on a heavy burden.

If it were just these, Toshiba would still be acceptable, but due to the company's infamous reputation, the company's stocks were leaked thousands of miles away, which was the biggest blow.

No matter what kind of punishment measures are, they can survive, but the company's stock plummeted and finally became the last straw that broke the camel's back.

The company wants to survive. There is only one way: give up some of its own businesses and sell them to other companies. Only in this way can we have enough funds to develop ourselves.

Originally, Toshiba's backing with Mitsui Consortium had enough ability to resist external storms. Unfortunately, after World War II, Mitsui Consortium lost its glory as it was back then and had become a loose organizational structure. Other companies in the consortium, such as Mitsui Bank, Mitsui Group, and Toyota Group, were unwilling to spend too much money to help Toshiba avoid this crisis.

They are all affected by Toshiba. Their exports are now unsold. Where can they be or are willing to spend hundreds of millions of dollars to support Toshiba's stocks!

There was a fierce dispute within the company about what business should be sold. In this incident, the foundry department and the machine tool business department caused trouble and should sell these two departments!

However, the senior management did not pass. Because these departments are all old departments of Toshiba.

Toshiba Company was originally merged by two island companies in 1939. Tanaka Manufacturing was the first telegraph equipment manufacturing company in the island country; it was later renamed Shibaura Manufacturing. In the early 20th century, the company became a heavy-duty electromechanical manufacturing company in the island country.

The second company was originally named Bairei. It was the first company in the island country to produce Bairei light bulb desk lamps. It then produced various consumer electronic products, and was later renamed Tokyo Electrical Appliances.

In other words, Toshiba's main business is household appliances and heavy-duty electromechanical equipment. In later generations, Toshiba's transformation into a comprehensive electronic and electrical enterprise including communications and electronics, which only began to develop rapidly in the 1990s. They made development in digital technology, mobile communication technology and network technology, and turned to the IT industry.

Now, these departments, within Toshiba, have not received much attention, or they are the first targets to which Toshiba was abandoned.

There is another reason, because now, a new giant has emerged in the electronics market, Ousheng Electronics Company, which is developing rapidly and has involved personal consumer electronic products, such as walkman, personal communication products, such as mobile phones, and personal computer business. They have occupied the world's major market share, and Toshiba has very difficult for opening up the market.

In this case, they gradually reached an opinion on selling certain projects in the semiconductor sector in exchange for enough funds to help the company through this most difficult time.

After receiving the news, Ousheng Electronics Company contacted immediately, hoping to acquire these projects.

After initially reaching the intention, Sarah, general manager of Ousheng Company, led a team to Toshiba Company to conduct this negotiation with the other party's senior management.

"Miss Sarah, I am very happy to be able to meet you in Tokyo. Your company has risen in a few years, which makes all our colleagues very envious." said Yoshio Kawano, president of Toshiba.

"I'm also very happy. I hope our cooperation will go smoothly," said Sarah.

Sarah has long understood the companies of the island country, especially in the electronics field, Toshiba and Sony have strong abilities, so it is very important to take advantage of the fact that the other party has not yet developed and to swallow the other party and eliminate it in the bud.

The specific work is not completely too hasty. It is best to reach some agreements now. If it cannot be reached now, then there are other means. The largest investment business that a subsidiary of one of its own is currently conducting is enough to put all of these companies on the verge of loss. Acquisition of two years later may save more funds.

However, now Ousheng's personal computers have been released, and the development of both CPUs has entered the last moment. However, the personal computers are not capable of CPUs alone. They also have various auxiliary circuits, such as motherboard chips, memory, graphics cards, etc. Now, Toshiba's personal computer business has entered an industrialization process. The computers they produce have opened up the market. If all their personal computer business departments are acquired, their company's personal computers can immediately enter a mass production process and quickly occupy the global market.

So, Sarah is here to negotiate now, but she is here to rob. If the other party asks for a price, then she will acquire it. If the other party asks for a price, then wait for another two years and the island country's economy will suffer a heavy blow and acquire it at a cheaper price.

"The current development direction of our company has seen new changes, so we want to sell some of the current projects so that we can concentrate more funds and develop our advantageous projects." Kawano Yoshio said.

Of course, he would not say that his company had poor capital turnover and his stocks fell sharply, and he could not make it at home and abroad, so he had to sell some property.

"Our company is now moving in more directions, so we are more interested in some of your company's projects. Our company has now developed CPUs and entered the personal computer business. Therefore, we are very interested in your company's personal computer business department." Sarah said.

No other company can make huge profits for any project involved in Ousheng! Mobile communication technology is a living example. If it weren't for the antitrust laws, they would have squeezed Motorola's mobile communications department long ago.

So, Sarah said this just to tell the other party that if she didn't cooperate with us, then the other party's personal computer would not make much profit, so it would be better to sell it as soon as possible.

Acquisition of the entire personal computer business department? The manager in charge of the personal computer business department under the seat suddenly trembled. Until now, the personal computer business department is still profitable. The portable computers they involved have successfully occupied the US market. If it weren't for the high tariffs, their profits this month would have been more.

I hope the senior management will not abandon themselves. He is very confident that this department will become the most profitable department of the company in the future.

"Our company can sell 30% of the shares in the personal computer business department," said Kawano Yoshio.

When it comes to specific departments, it is not just about using cash. You can buy them in full. The personal computer business department has 30% of the shares in the market, and 70% are controlled by Toshiba. Now, if 30% of the shares are sold, Toshiba can continue to control and get the funds needed for development.

Only selling 30% of the shares? Although Sarah knew that she could reach the first shareholder by acquiring 30% of the shares in the market, this was not her idea. Since the acquisition, it would have nothing to do with Toshiba, that is, to acquire all the shares.

"We need all the shares except the market," said Sarah. She said it very directly. This is her main purpose for coming here, and she needs to hold all the shares.

After she finished speaking, the audience became a little cold. The staff of Toshiba Company knew that the other party was annexing a large department of their own. Can they accept it?

"Sorry, such an acquisition cannot be passed on our board of directors. We can provide you with up to 40% of the shares." Kawano Yoshio said. "However, some of our projects can be sold to you all, which is also the initial agreement we have reached."

"What we are interested in is the entire department. Do you think I came from London just to acquire several of your small projects?" Sarah said. Although her words were a little uncomfortable, this was her method. I was not interested in these small projects at all. They were all a little bit.

When Kawano Yoshio was a little angry when he heard Sarah say this, he knew that what the other party was talking about was the fact that the president of a large multinational company must have made a big move across half the earth and traveled to Tokyo.

"We will report your proposal to the board of directors for discussion. Now, can we discuss the several projects you have proposed first?" Kawano Yoshio said: "We negotiated all the technologies that can be transferred, each set of technologies only costs 100 million US dollars."

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