Volume Three, Wind and Cloud Volume, Chapter 34, Darkness Chencang
.Chapter 34
"Yeah, Rio Tinto's price is very high now, and it will get higher and higher, but I always think that this kind of acquisition is difficult to succeed. I think the boss will agree with me." Yu Qian discussed with several Deli's subordinates. Due to the influence of Zhang Yan's style, Yu Qian would always consult his subordinates whenever he encountered major events, instead of being arbitrary.
"I'm sorry, Mr. Yu, what Mr. Zhang means is to let you make your own judgment. He doesn't want to join this hedging operation." The secretary told Yu Qian calmly.
"Did he tell the reason?" Yu Qian was stunned and asked back.
"He said this would undermine the principle of fairness!"
"Principle of fairness?" Yu Qian didn't quite understand why Zhang Yan would destroy the principle of fairness. Is it because he had already been involved in Rio Tinto's acquisition case? It must be this reason. Yu Qian excitedly clapped his hands and began to infer based on this sentence, where did Zhang Yan appear? "Where is the location of Chen Cang, what should we do if we really want to buy it?" Zhang Yan, who returned to his office, said to Liu Yueru, who was somewhat confused. Since last talked about the rare earth acquisition case, Zhang Yan recognized the commercial genius of this intellectual woman, so this acquisition of Rio Tinto also allowed her to join in.
"Well. Release the air first, so that people think Rio Tinto is no longer able to do it. When Rio Tinto starts seeking help, then kill him hard. This way, he will begging me in turn, and the effect will be better." Liu Yueru said.
Zhang Yan said: "You said it is good. But now you have also seen that Rio Tinto is a very standard animal of interest. They are good at making these fake moves to confuse people's attention. In the end, it is likely that they will not really shake Rio Tinto's roots. Instead, Rio Tinto notices our actions and prevents them in a timely manner. Are you right?"
Liu Yueru looked at Zhang Yan's confident face and was a little dazed. Why did this man always look confident? Couldn't he make mistakes? Liu Yueru thought about it carefully and really didn't see any mistakes Zhang Yan made, which made Liu Yueru a little impressed. His wild and mysterious thoughts, coupled with his psychological quality as stable as Mount Tai, no matter which person appears, the two qualities will make this person outstanding. What's more, this quality is perfectly combined with a person, and this person will definitely become a dazzling genius.
"Well, next, we can negotiate with QCM. Now they can be said to be at a loss. Only in this way, the best negotiators are the best negotiators, because they have no conditions to negotiate. They can only passively accept our conditions. Rio Tinto must have never imagined that our real goal is not in them, they are just targets that we can use to confuse people.
"What if Rio Tinto agrees to the acquisition, what should we do? The funds we can mobilize are not enough."
"Don't worry, even if Rio Tinto agrees now, the Australian government will not agree. There will always be some obstacles. You also know that Rio Tinto is a relatively large-scale company in Australia, so Australia will not sell the money tree so easily?" Zhang Yan smiled and said, "Of course, if Rio Tinto really agrees, then we will definitely buy it."
"real."
"Of course, reading history can clearly understand that the initial fundamental driving force for the rise in the price of any commodity is the balance of supply and demand. The rise of any major country is accompanied by an increase in oil prices and a rise in resources. The economic take-off of the United States and Japan are accompanied by a terrible price increase. This time, the economic take-off of our country will bring about a surge in price. The price surge brought about by our country will be much greater than the increase in the United States and Japan. On the eve of our country's take-off, resources are worthless. Have you noticed that the current crude oil is less than 19 US dollars, but in a few years, with the popularity of our country's automobiles, the price of crude oil will be several times that of now. We have to do more. Don't focus on an iron ore company. When China takes off, there is nothing short of iron ore, oil, gold, silver, copper, iron, aluminum, tin and lead. These all require us to find a way. Otherwise, if we are busy at that time, I don't know how many times will be slaughtered by the evil capitalism!"
It has been a week since the acquisition was announced, and the negotiations of Hongxing Steel Plant are still unclear. Hongxing Factory's attitude is firm and inevitable. The manager of Hongxing Factory once confidently announced a bold plan in a public place. Through mergers and acquisitions within three years, the steel capacity of Hongxing Factory will be increased from 3.5 million tons to 19 million tons. This bold plan is believed to have received official support from China, so the acquisition of Rio Tinto has brought some official color.
What is puzzling is that Dangdang, the acquisition of Hongxing Factory, is considered by overseas media to represent China's national will rather than commercial behavior. Hongxing Factory also made some vague explanations, but the effect could only be unsatisfactory. Later, the director of Hongxing Factory flew directly to Australia and made some remarks in a high-profile manner, which gave Rio Tinto the impression that he was "ambition to win".
As a result, the leaders of Australia's opposition party took the lead in opposing, and the wave of opposition became increasingly fierce, which put a lot of pressure on the local government's approval. It had to announce the postponement of the 90-day re-approval. It can be expected that Rio Tinto can do a lot in these 90 days, especially in terms of raising the stock price. The negotiations have only begun two weeks, and Rio Tinto's stock price has risen by 42%.
However, in Quebec, Canada, negotiations on the acquisition of QCM mining companies have come to an end, the last obstacle to the negotiations - the Canadian Minister of Finance once worried that a mineral in QCM is located near a military restricted area and is a sensitive asset.
This concern made QCM company's CEO very annoyed, because their debts were about to expire, and the strike was still ongoing. As for when to rework, it was still far away. I originally expected this big fool from China to pay for this big burden to bring him this big burden and let the Minister of Finance disturb him. What if the Chinese change their minds?
So in order to appease the uneasy Chinese, qcm quickly made a correction plan, removed sensitive assets, and in a reasonable return to the Chinese, the quotation was also reduced from 560 million Canadian dollars to 450 million Canadian dollars (about 360 million US dollars).
Then in order to complete the negotiations, he took revenge on the union. QCM dismissed most of its employees before the acquisition. The severance payment was calculated on the QCM account, saving about 20 million Canadian dollars for the new owner.
On June 25, 2002, when Rio Tinto's subscription was still being transferred between the Australian government's official documents, the Canadian government officially approved the acquisition. Hongxing Steel Plant invested US$350 million to acquire three mines under Qcm. The iron ore reserves acquired reached 11 billion tons and the annual output reached 15 million tons. Of course, this output can also be greatly improved. According to the information obtained by Zhang Yan, qcm can reach up to 63 million tons of iron ore per year, which can fully meet the needs of Hongxing Steel Plant. "It seems that it is time to give Rio Tinto a little more.
Chapter completed!