Wall Street of the third generation chaebol

Chapter 149



< Pfizer. (2) >

“This is the permit that Kaiser gave you.”

The imperial representative dispatched from the Berlin Palace in Germany handed me the permit issued by the Kaiser.

I politely accepted the permit.

“Kaiser has responded to your request. From now on, your company will have the right to use the trade name ‘German Investment Corporation’ for three years and the right to apply for renewal.”

“Has confirmed.”

German Investment Corporation.

It was something I asked the governor of Reichsbank, Koch. When I started investing in the German Empire, I wanted to differentiate myself from other investment forces, and I wanted to create an atmosphere of public performance.

In a word, I did not want to look down on existing players when I was investing in Germany.

To them I was an outsider and a new rolling stone.

‘But if you have a permit signed by the German Imperial Kaiser and the Reichsbank governor, it’s a different story.’

They can never ignore me.

However, the trade name of ‘German Investment Corporation’ may be viewed as a public project of the Prussian government, so the license is granted for three years.

“Then I’m alone.”

“I’m sorry for making you come to the United States on purpose.”

“No. This is a matter of course for the German imperial family. There is no need to apologize to me.”

The German imperial representative smiled at my apology and shook hands with me.

“Oh, and one more thing.”

“Well?”

“A few days ago, the German government drastically reduced the existing state support projects for the normalization of Krupp. We are also planning to reduce the state support.

Again, this is extraordinary.

“I think the Krupp is a little too big for the nationalization to be burdensome even if the German imperial family and the German government rush in.”

“Haha. No comment. The more important part for your company is this next.”

“next?”

“Yes, there is another content in the official document.”

The agent raised the corners of his mouth as if he was expecting my reaction.

“‘Instead of halting the German government’s state support projects, ‘German Investment Corporation’ will take over the role for the time being and carry out investment activities on behalf of the German government.'”

“…..!!!”

crazy.

If the German government issued such an official notice, it would have effectively become an investment institution authorized by the German government.

“This is Kaiser’s thanks.”

“…..thank you.”

The representative of the German imperial family greeted them with a smile and leisurely walked out of the hedge fund headquarters.

I looked at the agent’s back with a soulless face.

tak

“Bocchan. I want to apply for an investment banking corporation in Switzerland, but this time too, such as the German Settlement Bank… Ker.

“Oh, no.”

I answered James’ words with a blank face.

James was startled by my words.

“Isn’t this a German settlement bank?”

“Uh, when you enter the German Empire, you enter under a different name.”

“May I know your business name?”

“here.”

🥳

I held the German imperial license in front of James. The present German Empire is virtually nothing other than a monarchy in which the Prussian Junkers and the German imperial family have seized power.

The imperial license is, in effect, the last king.

Startled by the high-quality paper, James’ hands began to tremble as he read the permit.

“Do, the permission of the German Imperial Family.”

“Have you read the contents?”

“…Yes, you have been given the name of the German Investment Corporation by the German Imperial Family.”

“Yeah. Besides, it is said that instead of reducing the state-supported project, the German government even sent an official letter to the German industry saying that the ‘German Investment Corporation’ will succeed the role.”

James tilted his head at my words.

“Then Bayer…”

“Damn it.”

“ah.”

Pharmaceutical companies are one of the businesses that depend on the state subsidy. In particular, it is more like an oasis for a pharmaceutical company that is running out of cash like Bayer.

They would have been given a notice as well.

Get an investment from the ‘German Investment Corporation’.

A sound investment invigorates a company.

An investment institution that fosters startups in the 21st century. The word accelerator was not coined for nothing.

Investors can also inject cash into businesses through their investment activities.

Investment institutions themselves were able to benefit from networking, consulting, market analysis, and industry connection.

Rather, investment institutions encourage more.

The investment success rate increases only when the business in which they have invested prospers.

German Investment Corporation.

In particular, ‘Detroit Morgan’, which has hedge funds, various settlement banks, and trusts, is an investor and investment institution with great merits.

“In other words, it’s a position where you can strangle them to death.”

There are many cases of mergers and acquisitions of rival companies.

In addition, there were sometimes venomous accelerators who tried to kill rival companies in which they had invested.

Proposing an investment with a good face, obtaining management rights, and dismantling the business units.

Why are you approaching it as an accelerator?

That way you can get a share. A simple principle. You get an investment from a harsh place, and you open your eyes and go to Kobe.

In the United States, where litigation is routine, it is even tougher.

“Do you intend to dismantle Bayer and absorb it into Pfizer?”

“No, my contract with the German government prevents me from doing such a vicious thing.”

The German Empire is not stupid.

A minimum device was put in place to prevent corporate hunting in the technology leak restrictions.

To make it work as an investment institution.

“However.”

I smiled bitterly.

“It is permissible to interfere with the management rights of companies whose management performance has deteriorated.”

First, it will take control of Bayer.

Morgan Chairman of JP Morgan Bank.

My father’s eyes turned to my information that Bayer is dog hair, and he was pushing the storm before the lawsuit.

He was sharply grinding his teeth to kill Bayer by applying all the charges against the forensic technicians.

Bayer can’t stand this.

I swallow the tattered Bayer. Take control of the company on the pretext of worsening business performance.

“Then ‘German Investment Corporation’ will have the right to sell the business unit of the insolvent pharmaceutical company Bayer.”

best timing.

At the end of the development of aspirin, Bayer was embroiled in a lawsuit. In response to JP Morgan’s stormy litigation offensive, Bayer had no choice but to concentrate its entire efforts on litigation, pouring human resources and capital into it.

The aspirin division is of course discontinued.

A business unit with no sales. Business units whose research has been suspended can be sold at the management’s discretion.

I was thinking of absorbing the Aspirin division into Pfizer.

“Honestly, Bayer wants to sell its assets by ripping off all its internal organs, leaving only the skins, and sucking it up with paid potatoes and dividends. They sell all their major business units to Pfizer. After all, Pfizer is also German, so researchers They will adapt well.”

However.

It can’t be.

“Since hunting for companies is restricted under the contract with the German government, we plan to quietly sell only the aspirin division and pursue a merger with Pfizer.”

“Then there is no reason to sell the aspirin division, is there?”

“No, it must be sold to Pfizer first. How noisy would it be when a German company and an American company take over?

“But why are you obsessed with the aspirin division? Does the aspirin division make money?”

aspirin.

There are drugs called blockbuster in the pharmaceutical industry. It refers to a product that generates more than 1 trillion won in sales to pharmaceutical companies every year.

Among them, aspirin is the drug that is always on the list of Hall of Fame.

painkiller.

It’s actually Bayer’s piggy bank.

“Well, we’ll find out later.”

“I trust the master.”

“thank you.”

I took off my wrinkled suit and got up from my seat.

There was work to be done before George Bayer.

“Then shall we go take over Pfizer?”

***

Pfizer

235 East 42nd Street, New York.

“We at Pfizer have no plans to receive any investment.”

Charles Pfizer.

The owner of Pfizer Pharmaceuticals came directly to the negotiating table.

“I’ve heard the reputation of the Chairman of the Detroit Fed. We have plenty of cash, so we have enough momentum to grow on our own.”

Pfizer shook his head.

“Please go back.”

you’re strong

Pfizer looked at me with hardened eyes. He was expressing his will to refuse with his whole body.

But I’m not just here to make an ‘investment’.

It was approached with the intention of nurturing them like the accelerators of Silicon Valley in the 21st century.

It was with a completely different intention from Bayer.

“Mr. Pfizer.”

“Yes, Chairman.”

“What is Pfizer’s vision?”

“vision?”

This novel was posted at https://readwn.com

Oh

Were you unfamiliar with the word vision at that time?

In fact, I didn’t need to talk about the clouds, so I said it more bluntly.

“It’s a long-term goal.”

“Yeah, like all companies, it’s going overseas.”

“Yes?”

I clasped

“But Pfizer knows how high the monopoly barriers of German pharmaceutical companies are. Sweden is the most serious case.”

“Ugh.”

Pfizer sank.

“As the Detroit Chairman said. We, Pfizer, are also aware of the monopoly walls that German pharmaceutical companies have built up in the pharmaceutical industry. The fact that Swiss pharmaceutical companies are also helping out.”

“But it’s not just German-Swiss people who have built up monopoly walls.”

“…..”

Pfizer looked at me with a slightly startled look.

It was as if he was wondering how I could see through the pharmaceutical industry so far.

I understood Pfizer’s feelings.

‘Actually, there aren’t many places where investors do market research like this.’

There are a lot of gossips in the investment industry.

Since Pfizer is also dealing with poor kids, it seems that they naturally thought so too.

‘Then is the previous rejection a kind of defense mechanism?

it makes sense

If you didn’t want to receive an investment in the first place, you wouldn’t even have to come to the negotiating table.

This is a sign that Pfizer is willing to invest in me.

If you do this well, you will get an investment.

“France’s Pasteur and Belgium’s Solvay aren’t too strong, aren’t they?”

That Solvay of the Solvay Conference.

An international academic forum where Einstein and the scientists of the century gather and discuss.

Solvay is a Belgian chemical and pharmaceutical giant.

The Pasteur Institute is so famous, so let’s skip it.

“That’s right. It’s the first time I’ve seen someone with so much mastery in the industry. That’s exactly what we’re struggling with.”

Pfizer nodded violently, and he began to immerse himself in the conversation.

“Especially the German-Swiss pharmaceutical companies are the hardest. We can’t beat their huge capital.”

Why is it that pharmaceutical companies invest 1 trillion won and 10 trillion won in research funds to research new drugs? This is because, of course, the development of a new drug can yield much greater benefits than research funds.

Large pharmaceutical companies were basically able to exercise enormous financial power.

‘If new drug development fails several times, it’s a problem.’

The problem is that German pharmaceutical companies with such large capital have built a monopoly wall.

A startup like Pfizer couldn’t win.

“We came here to propose three large projects with a huge investment.”

Three fingers up.

“It’s going to be pretty tempting.”

I smiled brightly.

“Are there three?”

Pfizer closed his eyes.

“Yes, three.”

It is a business plan that has been prepared with great care.

But before I could spit it out, Pfizer hadtily stopped me.

“Sleep, wait a minute. Detroit Chairman, what are you trying to tell me if I try to steal your business plan?”

“It’s okay to steal.”

“Yes?”

Pfizer gave a blank expression.

I let out a bloody laugh.

“Even if I hear it, I can’t follow it. Besides, even if it leaks, I can only implement this crazy business plan. It’s literally a business plan that Pfizer wants to appeal to me to make an investment.”

“…that’s true, but what kind of business plan is it?”

“Mr. Pfizer. Me.”

I smiled.

“When you do business, you are a person who is also a big fan of the country.”

I’m sorry

The scale will be a bit big.

“country….?”

“Yeah, breaking the monopoly barrier and I think it’s going to have to be something like this to do business. Maybe you’ll get the hang of it when you hear it.”

widely.

I put three business plans down on the desk.

“Then shall I start my IR?”

< Pfizer. (2) > end


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