On the way here, Zhao Cheng was still thinking about how to convince Feng Yu. Rumor had it that Feng Yu wasn't a greedy person, or else he wouldn't donate so much money every year. Besides, he didn't lack money.
Therefore, he believed that there was no need to fight for profits. Feng Yu probably wouldn't want to swallow up Hua Xia Aluminum, and the higher-ups definitely wouldn't agree.
However, asking Hua Xia Aluminum to swallow up Rito Group's aluminum business was a bit whimsical. They were number one, so why would they sell to a third place when they were still making money? Hua Xia Aluminum didn't even have that much money.
Rito Group's aluminum business alone was worth almost 50 billion US dollars. Hua Xia Aluminum couldn't raise that much money, and the higher-ups didn't even have the funds. 20 billion US dollars was the most they could ask for.
Some people said that they could pay in installments over three years. 10 billion US dollars a year would be enough, and the rest could be made up with Rito Group's shares.
However, installments were only suitable for companies that needed cash and wanted to get rid of their burdens. The aluminum industry wasn't a burden to Rito Group, and its annual profits weren't low either. Why would they agree to pay in installments?
Later, he thought about whether he could convince Feng Yu with national righteousness or something. He heard that Feng Yu was very patriotic, so maybe Feng Yu would be willing to take a loss?
However, the premise of all this was that Feng Yu had to acquire Rito Group, and he had to succeed.
But listening to Feng Yu's words just now, it seemed that Feng Yu didn't intend to acquire Rito Group at all costs. Could it be that the rumors were false? Didn't Skinner say that Kirilenko told them that he wanted to fully acquire Rito Group?
At this time, the kitchen also brought the food over, and Feng Yu invited Zhao Cheng to eat.
Zhao Cheng was no longer in the mood to eat. Everything he ate was tasteless. Feng Yu watched as Zhao Cheng stuffed a lot of seasonings into his mouth.
Was it really not disgusting to chew the seasonings dry? Was fried pepper really that fragrant? Was the ginger in the dish tastier than the vegetables?
This Zhao Cheng's taste was really heavy!
Feng Yu was very satisfied with the food. The new chef's skills were really good.
Feng Yu was happily drinking his juice as he looked at Zhao Cheng eating his rice. Zhao Cheng's bowl was empty, but he still doesn't know it. Seems like he suffered quite a blow.
He put down the cup and asked with a smile, "Chairman Zhao, is this food to your liking?"
"Ah? Oh, very good, very good. "Zhao Cheng noticed that his bowl was empty and quickly put down his chopsticks.
"Since you're done eating, let's continue chatting. Although I don't have to get this Li Tinto Group, Kirilenko likes it very much. He has to get it. He doesn't have enough money to buy it, so we have to buy it together. "
"We bought some Rito Group shares in the market. You must have analyzed it through this, right? Then let me ask you now. Are you willing to sell your Rito Tinto shares to me? "It was easy to find out that Huaxia Aluminum had acquired Rito Tinto shares.
Zhao Cheng's eyes brighten up. He finally got Feng Yu's approval.
"Chairman Feng, we are holding Rito Group's shares because we will not face many restrictions on raw materials and can develop our alumina, electrolytic aluminum, etc. Actually, we are also negotiating with Rito Group to invest about 20 billion USD to get some of Rito Group's debt. "
"These debt can be converted into shares anytime within a certain period. If all of the debt is converted into shares, our shareholding ratio will double to about 18%, and we will have more say in Rito Group."
"Even if we don't convert the debt into shares, the annual returns on these bonds will be 9%, and we will not suffer any losses. This is higher than most fund investments, and the higher-ups are willing to give us the funds."
"This way, we will have a closer relationship with Rito Group, and we are planning to set up a joint venture company. This way, we can dominate the global aluminum industry, and it will be beneficial to both of us."
"These shares will ensure our cooperation with Rito Group and the development of Hua Xia Aluminum. If we sell these shares to you, are you willing to let Rito Group cooperate with us?"
Actually, Feng Yu did not know that there were so many things going on. But Feng Yu remembers in his previous life, Hua Xia's debt investment was stopped by the European Union and Australia.
The European Union and Australia saw Hua Xia's manufacturing industry is very strong, and if they control the raw materials, then Hua Xia will be able to monopolize the aluminum and other industries. They will not be able to restrict Hua Xia's development through iron ore.
Hua Xia is already the largest shareholder, and if the other shareholders double their shares, they are worried Hua Xia will gain full control of Rito Group. If the other shareholders support Hua Xia Aluminum, the Chairman position will be changed.
But if both parties set up a joint venture, the European Union and Australia will not be able to stop Hua Xia.
Zhao Cheng stared at Feng Yu with sparkling eyes. That look …
"You are saying that if I don't agree to set up a joint venture with you, then you will not sell your shares? You should know that as long as I acquire two-thirds of the company, I will have full control of the company. Your shares will be useless. "
Zhao Cheng said very seriously, "Chairman Feng won't do that. I'm confident of that."
Feng Yu will not do this. It will be bad for his reputation if others hear about it. Although the money is not a small amount, Feng Yu is not interested in it.
"After I acquire Rito Group, it is not impossible to cooperate with Hua Xia Aluminum. We will also cooperate with other companies for iron ore."
Li Tinto's iron ore mines were mainly handled by the Australian branch company. If they were to cooperate with BHP Billiton, then both parties' transportation could be done together. There were also many aspects that could save costs. For example, some mine turnover equipment, emergency equipment, etc., could be used together.
This way, both parties can save a lot of money. Don't think that these equipment are a small amount. Just from the Australian iron ore mine, Rito and BHP Billiton can save nearly 10 billion USD!
If they can save so much money, then why not cooperate? If they cooperate, both parties can also sell their iron ores together. This way, they can compete with the iron ore industry leader, Vale.
If one company can't compete with them, then both companies can work together.
If it wasn't for the merger of Polar Bear Mining Group into Polar Bear Mining Group, Polar Bear Mining Group's scale would increase greatly. The European Union would never let it continue to monopolize the market. Kirilenko still wanted to acquire BHP Billiton.
If they do not have money, they can issue shares to raise funds. This is definitely a good deal and can monopolize the market!
"You want to cooperate with me? There are many people who want to cooperate with us. Why should I cooperate with you? Without you, do you think the Hua Xia market will stop me, Feng Yu? As for funds, do you think I am short of funds? "
Zhao Cheng was stunned. That's right. Why must the other party cooperate with them? They are the boss in the aluminum industry.
… …
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