This acquisition of Loen is Daum Kakao is preparing to enter the entertainment industry.

Unexpectedly, n.e.w also joined in, or my investment, which is all under Park Ji-hoon's industry.

Daum Kakao first contacted Loen, and both parties had close ties with SK Group, or simply said that SK Group was promoting the acquisition behind the scenes, and did not care about n.e.w's disruption.

However, unexpectedly, Park Ji-hoon somehow connected the relationship between the upper class of sk and actually succeeded in snatching food from the tiger's mouth!

Although he told Yuri that night, he had actually agreed and was ready to complete the transaction before 2016 and then announced on January 1, 2016.

Try to avoid all trouble.

The forces of the daum kakao system were naturally dissatisfied, but they had no choice but to tell the media the news as if they were angry.

So this report came about.

In fact, the people who contributed to this acquisition within the sk group were helpless because this was not their original intention, but was directly issued by the president Choi Tae-won. As we all know, the Korean consortium has always been affiliated with various major families, and the Choi family behind the sk group is.

For Choi Tae-won, the energy, chemical and information and communication industries are the main body of SK Group, and the semiconductor business is the focus of his concern. In 2012, he ignored the opposition to the acquisition of Hynix shares. Since then, he has been significantly increasing his investment in semiconductor business. In August this year, the world's largest m14 semiconductor factory built in Yecheon, Gyeonggi Province, was officially completed. Relatively speaking, a small Loen Entertainment company is not taken seriously by him, and Park Ji-hoon's favor is more important.

What's more, Park Ji-hoon is not making a fortune.

In 2015, the market value calculated based on Loen's stock price was about US$1.5 billion, while Park Ji-hoon acquired 76.4% of Loen's shares held by SK, with a price of 187.43 billion won, about US$1.6 billion.

Otherwise, the sk group would not agree.

Of course, Park Ji-hoon is not a sucker. This offer includes Loen's property, equipment, etc. Among them, the office building in Loen is expensive.

Sansen Cave is close to Nonhyun Cave and Cheongdam Cave. Song Hye Kyo, Jeon Ji Hyun, Kim Tae Hee and other celebrities live here, not to mention that Loen's office building is located on Tehran Road, known as the "center of Gangnam District".

At the same time, Loen's channels, connections, etc. are also inherited, which are particularly important. Many of them are related to the sk group and there is no possibility of building all of them into their own network in the short term.

Therefore, after the acquisition, there is no intention to merge loen and n.e.w in the short term. It still maintains independent operation, adopts cooperation and gradual penetration.

Overall, this is a transaction that both parties are quite satisfied with.

During the whole process, Park Ji-hoon just nodded his permission and negotiated with Choi Tae-won. From discovering this transaction to intercepting the ruling, it was all the decisions made by the secretariat. The secretariat was not just about collecting intelligence, but the industrial layout, future strategies, etc. were discussed and decided by the secretariat, so he was very clear about his strategic direction in the entertainment industry.

...
Chapter completed!