Chapter 468 Splitting and Merging [2]
"Boss, after Lotte splits, it will definitely be divided into countless companies. This will be an extremely huge project. Do you think Bombardier, Qingdao Beer, ACER and other things need to be split and combined?" Jin Tonghao asked on the side. Although this split does not involve Jeju Electric Power Group, the largest group with assets, who made him one of the main leaders designated by Ji Feng this time? As a member of the Ji Summit Parliament, they naturally cannot only act on their own one acre and three-point land, and they must always care about the development of other companies.
Ji Feng was holding the split and merger plan of Lotte Group in his hand. Looking at the thick plan, he was really helpless. Among the several companies he acquired, Lotte is the most complex, with almost everything, but this is just right, which can greatly satisfy the problem of the lack of autonomy in many industries in the territory.
Hearing Jin Tonghao's words, Ji Feng nodded slightly: "I'll talk about this later. Have you read this plan?"
Seeing that several people nodded and said they had read it. Ji Feng then opened it and started reading it. Fortunately, he read it very quickly, and he was just enough to read the key content. He was too lazy to read those introductions.
Previously, Ji Feng was watching the split plan of the hotel and catering group and the split plan of Jeju Bank. Now he is watching the third and most complex split plan of the Lotte Group. Although this large group is currently controlled by Ji Feng, there are still more than a dozen shares scattered in the hands of other shareholders. If you want to split, you must obtain the consent of other shareholders.
Fortunately, as the controlling party, most of them support Ji Feng's ideas. Moreover, this split, many industries that were originally in South Korea can also allow them to obtain more equity, and even directly package part of their industries, and then exchange for all equity in the industries in their territory.
The purpose of this split and merger is to optimize the industrial structure, and to gradually distribute other shareholders of Lotte to the territory. Of course, they are not all small shareholders, but just shareholders who were not very obedient in the past. Shareholders like Akio Shigemitsu who have been 100% of Ji Feng's audience from beginning to end, Ji Feng will naturally give them some sweetness, allowing them to continue to take charge of this increasingly larger enterprise for themselves.
Lotte Group was originally divided into six major business groups, and the industries involved were indeed quite diverse. Originally, Lotte Group was one of the top companies in South Korea, especially in hotels, retail, supermarkets, amusement parks, tourism and other aspects. Even Samsung Group, which also involves these industries, failed to compete with Lotte in these aspects. It is the fourth largest consortium second only to Samsung, LG, and SK.
After being acquired by Ji Feng, it has surpassed LG and SK has become the second largest consortium in South Korea. Even the Lotte headquarters, which was originally in Nihong's influence, has developed rapidly in the past two years and is no longer completely suppressed by other traditional Nihong's consortiums. From the original ranking of dozens, it has also now ranked in the top ten.
Given the uncertain future with Ni Hong, Ji Feng let Lotte's headquarters move to his private territory. Since the relationship is a bit bad, he couldn't help but give Ni Hong a look. Migrating Lotte is just the first step, and there are other plans behind it.
It is impossible for Ni Bo to say he is happy. After all, a large consortium like Lotte Group that creates taxes of hundreds of billions of yen every year is highly valued by any country. However, Ji Feng is moving away from the headquarters, and they really have no choice. This also sounds the alarm bell for Ni Bo government who is hesitating and dragging. Make a decision quickly. Don’t think that I really tolerate you to drag like this.
The split of Lotte this time is first of all the equity transactions with shareholders. Ji Feng originally held 87.3 shares. After this split, merger and conversion, cash transaction, some industries will reach 85-98 shares, and some industries will be completely abandoned by them and withdraw from Lotte Group after taking over by some small shareholders.
The six major business groups will be completely separated, and six independent groups will be established, allowing a small number of cross-holdings to be held together. After the complete split and the migration of headquarters to private territory, it will be more conducive to the in-depth entry of these industries into North Korea, Myanmar, Africa and other developing countries, and it will also be more conducive to the expansion of these industries.
After all, people's energy is limited. Even if Shigemitsu Akio's business talent is better, he has only one person after all. Even if the sub-groups below want to develop, they still have to listen to your opinions, which is extremely unfavorable to the expansion of the industry.
After the food business group is independent, it will be renamed Lotte Food Holdings Group, and its subsidiaries will be changed from the original eight industries to the four holding groups, to produce and sell chewing gum, biscuits, and iced fruits, and to put iced fruits and fat foods in Lotte Sanganri; to produce refreshing beverages and liquors, and to put beverage manufacturing in Lotte Sanganri; to put Lotte Asahi Liquor, which mainly sells sales and channels, the original Lotte Seven Star Beverage and Liquor Department will be included in it; to produce ready-to-eat or short-term foods, including Lotte Seven Star Beverage and Liquor, which will also put Lotte Bakery's industry in it.
In this way, four sub-controlled sub-groups have been formed, and Ji Feng, Lotte Food Holding Group, owns 95 shares. It will produce and sell food and beverages in countries around the world according to the food and beverage requirements in its private territory.
Not only that, the set of beverage formulas and production lines that Ji Feng got from the market will also be handed over to Lotte Seven Star Beverage, which can maximize its expansion. The most attractive thing is probably the production and manufacturing of Lotte Sports Treasure, which will be exclusively enjoyed in the future.
With current physical fitness treasures, Ji Feng plans to stop production in the near future and instead hand them over to Lotte Seven Stars Beverage for all athletes around the world.
This time, the Jeju Sports delegation completed the sweep at the Brazil Olympics. Although the honors were given, it was also dissatisfied by countries around the world. A large number of athletes created with the powerful ability of the gym treasures. If there is only one exclusive in the future, then the world competition activities will be of no interest in the future.
So before protests from all over the world were proposed, Ji Feng planned to terminate the production of the island master's house's health treasure, and instead re-replace the entire formula and hand it over to Lotte Seven Stars drinks for production and sales. The main focus is athletes from the sports competition industry in all countries around the world. Of course, when there is a wealth of production, they can also sell some to the general public, but the price of this thing will never be cheap. The wholesale price of sports athletes from various countries is 10 yuan per bottle, which is the price of ordering 10,000 bottles at one time.
After the retail business group is independent, it will be renamed Lotte Retail Group. Ji Feng's shares will reach 89.38. It mainly includes Lotte Department Store, which is manufactured in department stores, discount stores and attached packaging materials; Lotte Mart, which is professionally discounted stores; Lotte Supermarket, which operates large supermarkets, and KOREASEVEN, which operates clothing industry; Lotte Cinema operated by multi-functional theaters; Lotte Online Shopping, which mainly operates online e-commerce; Lotte Himart, which is mainly engaged in home appliance retail, and other retail business groups' industries will be divested and thrown to other interested shareholders. If no one takes over, it will be sold. Of course, the possibility of sale is extremely low. Now some small shareholders are interested in taking over these industries.
The tourism business group has changed relatively greatly. After the split, it was incorporated into the Jeju Tourism Group. Ji Feng was almost completely owned by Ji Feng. Apart from Shigekami Akio, there were no other small shareholders. Shigekami Akio will complete the split and officially take up the position of president of Jeju Tourism Group after the merger. Liu Chengjun, former president of Jeju Tourism Group, will be transferred to government affairs.
In addition to the existing tourism industry in the private territory, the new Jeju Tourism Group mainly incorporated this time include Lotte Duty Free Shop; Lotte World, which mainly operates game venues, serves and department stores; Lotte Products, which mainly focus on sightseeing hotels and leisure hotels; Lotte Fuyu Resort; Lotte Jeju Resort and Lotte Travel Agency.
As a transaction with shareholders, petrochemical, construction and manufacturing business groups are the business groups that have the most abandoned industries by Ji Feng. After the split, Ji Feng's original group industries will only retain Lotte Chemical, Lotte Construction, Lotte Canon and Lotte Aluminum. The remaining five major industries will be traded to other shareholders in exchange for equity in other industries in the hands of these shareholders.
After the split is completed, Ji Feng will strengthen the construction of Lotte. After all, there are too many construction projects in the future territory. At the same time, he will also place the construction group of his little lover Choi Soo-young's home. Lotte Canon will also be enhanced, changing its relationship with Nihong Canon from its original partner to a competitor. The island owner's office provides new technologies in some industries. After Lotte Canon completes research, it will continue to work hard to develop in the manufacturing, sales and services of office supplies such as digital cameras, digital composite machines, copiers, printers, etc.
There are also great changes in the financial business group. After the split, the group will no longer exist, and all the shares of the two major industries in the group will be exchanged by Ji Feng.
Lotte credit card will be placed in Jeju Bank, and Lotte damage insurance will be placed in Jeju Insurance. As for Lotte Capital, it was originally a business of some banks, so Ji Feng also placed it in Jeju Bank and Jeju Bank instead of Sabah Bank. Cara Bank is mainly because Jeju Bank is close to South Korea, and these three major businesses were mainly South Korea. If it was placed in Cara or Sabah, the original business of South Korea would definitely be reduced.
Chapter completed!