Reborn Xiangjiang Tycoon Growth
Chapter 294 Northern Mining Company
While Bao Zixuan was negotiating with BHP Billiton, Blackstone Fund staff were intensively negotiating with Australia's Northern Mining Company.
Bao Zixuan not only wants to come to Australia to buy iron ore, he also wants to control a large Australian iron ore company. Only in this way can he not be threatened by others and be able to make decisions on his own.
In its previous life, Northern Mining Company was acquired by the British Rio Tinto Group around 2000, making Rio Tinto a global leader in the exploration, mining and processing of mineral resources, which shows the strength of this company.
Among all mining companies in Australia, Northern Mining ranks around 5th. In front of it are Rio Tinto, BHP Billiton, Integrated Mining Company and a few other companies, which can be said to be quite powerful. It owns 12 mines around the world, and in Australia itself
There are 8 seats.
But now the Northern Mining Company is facing a very troublesome problem. The steel market is sluggish. They have to shrink a lot of business, which makes the company's performance not good. It is not as deep as BHP Billiton and does not receive support from the government and banks. In previous lives
Northern Mining Company relied on loans to survive during this crisis, but now large American companies are coming to acquire it. Not only will banks not give you a loan, they will also call back your due loans.
The staff of the Blackstone Fund have been in Australia for nearly half a year, and have communicated with the government and banks in advance. As a result, the Northern Mining Industry has not received the same support as in previous lives, and they are facing difficulties. They know that Dong Bao is coming to Australia to purchase minerals. Now,
BHP Billiton has already signed the contract, so it can be said that there is no hope.
Faced with pressure from employees, banks and shareholders, Northern Mining Company finally relented. The most important thing is that Blackstone Fund will not participate in management in the next three years and will only supervise contracts and properties. This reassures the management and provides financial support.
The government promises that as long as workers do not make mistakes and only one worker is laid off, more than 200 new jobs will be created every year. This allows Blackstone Fund to open up all the links.
When Bao Zixuan came to Northern Mining, all contract details had been negotiated. A memorandum had been formed, and the first phase of the acquisition money had been remitted to the board of directors' account.
Seeing Bao Zixuan coming over, everyone finally understood why Blackstone Fund acquired Northern Mining Company at this moment. All this was a plan of the new boss, a plan to build the plank road openly and covertly build the warehouse. However, it also left the people of Northern Mining Company speechless.
, after all, strength does not allow it.
Originally, I wanted to buy it in the name of Bao Huodong Mining Company, but after adding so many shareholders, it was impossible for everyone to pay for such a large transaction. Bao Zixuan had not yet reached the point of making wedding dresses for others.
After communicating with Huo Yingdong and other original shareholders, I decided to pay for the purchase myself. After all, even Huo Yingdong and others were a little worried about spending so much money at once and carrying a debt of more than one billion US dollars. Although China is short of steel,
No one could have imagined that it would develop so fast.
In the conference room of Northern Mining Company, Bao Zixuan signed a purchase agreement on behalf of Blackstone Fund. Blackstone Fund purchased the entire equity of Northern Mining with US$1.2 billion in cash and US$1.4 billion in debt. This also delayed rb to a certain extent.
The team's capital investment, but Bao Zixuan knew that this transaction would definitely be profitable countless times in the future, and could even rewrite part of the history of steel development.
Bao Zixuan has spent nearly 2 billion US dollars in Australia in less than a week, and has not defaulted. All remittances were completed immediately, which makes many Australian officials and people feel that Bao Zixuan will increase investment in Australia. It may even be possible.
I will immigrate here. If I can keep this person in Australia, what effect it will have on the Australian economy is known to the children playing black cloud games on the street. Therefore, many institutions and government officials in Australia these days have asked Bao Zixuan
Invitations were sent out, and there were countless parties and dinners.
Knowing that you have to mess around in other people's territory, you still have to give face to many people. After all, now that the acquisition of Northern Mining Company has been completed, it is impossible for Bao Zixuan to stay away from the demands of government officials.
Although he is not good at communicating in this area, where does Bao Zixuan's identity lie now? As long as he can get there, he is already very proud. Coupled with his excellent drinking capacity and good quality, he has spread among Australia's upper class society in a short period of time.
It is said that people all know that the young rich man from Xiangjiang is a bold and generous handsome guy. At the same time, Bao Zixuan has become the most popular person in the hearts of Australian girls, and even one of the people they most want to marry.
After the mining deal negotiations were completed, Bao Zixuan began to inspect Australian agriculture. After all, this is a country that rides on the back of a sheep and sits on a mine cart. Its own agriculture is very developed, and Hutchison Whampoa's supermarket wants to expand into agriculture. Without its own farm, it will always be
It's not a long-term solution.
Knowing that Bao Zixuan still wants to buy a farm, isn't this a transfer of assets? At least in the minds of many Australians, many people in Hong Kong in this era transfer their assets to Australia. Currently, Australia and Hong Kong are nominally under the jurisdiction of the United Kingdom. Therefore, Australia
The locals were not that resistant to the wealthy people coming from Xiangjiang, and welcomed them warmly.
Many agricultural officials in Australia began to introduce pastures and farms managed by the government to Bao Zixuan. In this era, except for Xiangjiang, few people came here to buy farms. After all, it was not as convenient as the United States and Canada.
Seeing that the richest man in Hong Kong came to buy a farm, these people took Bao Zixuan wherever the farm was. Everyone knew that this was a wealthy owner, and if it could develop in Australia, it would definitely boost the local economy.
Buying pastures and farms is not something that is urgent and requires a lot of research. Bao Zixuan will not just decide to buy it immediately, but it is imperative to plan the agriculture in advance. The follow-up work will be left to Heiyun in Australia.
The employees are responsible, and Bao Zixuan only needs to make an impression in their mind.
When he returned to the hotel in the evening, Wu Guangzheng couldn't understand this young rich man. He had nothing to do except work, making himself look like an ascetic. These days, he saw many young and beautiful girls posting, but he didn't
Wu Guangzheng was very puzzled when he saw that Bao Zixuan was attracted to a person. What kind of person he was.
But Bao Zi
Maintaining restraint is a quality a successful person should have.
It seems that it would be a good choice to introduce this young man to the fourth sister, and I heard that selling so many shares to Shadan Tong was to repay Zheng Jiajia's favor. That means that he will have nothing to do with Zheng Jiajia in the future.
Bao Zixuan's marriage is a good idea. This time he came to Australia not only for negotiation and study purposes, but also to examine Bao Zixuan's character. Now it seems that at least the first hurdle has been passed, so it would be better to ask in detail
!
Back at the hotel in the evening, the two of them were drinking and chatting in Bao Zixuan's room. Wu Guangzheng smiled and said: "I am a family man, and Bao Sheng doesn't like going out as much as I do. I think these days
Many girls have hinted to you that they are also worried about the family."
Bao Zixuan knew that Wu Guangzheng would not dare to go out, otherwise he would not be able to spare him when he returned home. He smiled and said: "I am a brother, so I don't have to worry about my family, but I don't have any feelings for these girls; I might want to pursue an ideal."
of love!"
After hearing this, Wu Guangzheng was finally able to report the situation to his family, thinking that he had accomplished his mission well this time.
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