Kirilenko also understood what was going on. The Rothschild family felt that the shares they acquired were too little, and that's why they want such a high commission. Kirilenko even suspects that the Rothschild family had also considered Hua Xia Aluminum's shares.
How can the Rothschild family not be capable enough to be the middleman for mergers and acquisitions? Their bank might only have a market value of 10 billion euros, but they are all elites. Their profits are much higher than other banks.
Furthermore, no one knows how much money they have. Many of their overseas bank accounts are unknown. Just their connections alone are worth more than 10 billion euros.
Since the Rothschild family dares to accept this deal, they are confident that they can make it happen. But it might take a lot of time and effort to persuade many organizations.
If not, even if Rio Tinto Group agrees to sell, the European Union, Australia, Canada, and other countries will not approve.
Although they wouldn't lose any money if the negotiation failed and they wouldn't compensate for it, the damage to their reputation would be huge. For ancient families like theirs, reputation was often more important than money.
It is said that businessmen in the West value the spirit of contracts and will do everything according to the contract. But in fact, they are similar to Hua Xia. Verbal agreements are also valid.
To make others believe you, you must rely on your reputation. This is also the main way to promote credibility in the West. In Hua Xia, your promises are worth a thousand pounds of gold.
Feng Yu had told his subordinates that they must keep their promises. If not, don't agree in a hurry. Even if it is a loss, they must keep their promises. Of course, they will not really lose money. Buying a horse's bones with a thousand pounds of gold will increase their reputation.
Feng Yu will not agree to things easily. But once he agrees, he will do his best to keep his promises. As a businessman, credibility was the most important thing.
Kirilenko personally went to the Rothschild family to talk to them and told them about the Polar Bear Mining Group's request. He also told them about the advantages of this deal and asked them to re-quote the final commission.
When the Rothschild Family found out that Feng Yu had bought more than 10% of the company's shares in cash, the Rothschild Family started to reevaluate this merger.
Kirilenko brought his men to bargain again and said that Rothschild is not bad, but they are not irreplaceable.
After waiting for a day, the Rothschild family finally gave Kirilenko a reply. They are confident that Polar Bear Mining Group will buy more than two-thirds of Rio Tinto Group's shares for 500 million euros. As for the rest, it is simple.
After you have absolute control, you can settle it yourself. For example, delist Rito Group, or exchange shares for Polar Bear Mining Group's shares. There are many ways, and the Rothschild family does not even need to do anything.
Of course, if they let the Polar Bear Mining Group acquire more than 90% of Rito Tinto's shares, they should also get a bonus. If it's 100%, the bonus will be higher. The specific conversion is very complicated, but at most, the Polar Bear Mining Group will have to pay less than 800 million euros.
Although the euro's exchange rate is higher than the USD, it is not much higher. It is much lower than 1.5 billion USD, but it is still a record high price.
The agreement between the two parties is signed in secret, and the details will not be announced. No one knows how much Polar Bear Mining Group paid for this deal.
The Rothschild family does not intend to announce it immediately. After the deal is done, they will advertise that they are the middleman. This way, they can receive more deals like this in the future and make more money.
They also have an advantage, which is to have a deeper understanding of these industries. To facilitate Polar Bear Mining Group's acquisition of Rio Tinto Group, they must have some understanding of the mining industry. At the same time, they will have a deeper understanding of these two companies. In the future, if they invest in this area, they will be able to make more accurate judgments.
For example, if they want to invest in steel futures or aluminum futures in the future, they can bet on the rise. Feng Yu and Kirilenko are setting up such a big company, and they must not let their main products fall in value.
But according to the contract, before the acquisition is successful, they cannot buy or sell the relevant shares. Otherwise, the Rothschild family will make a lot of money from this news.
Polar Bear Mining Group wants to acquire Rio Tinto Group. The world's richest man and the world's second richest man will join hands, and Rio Tinto Group's share price will continue to rise.
Some time ago, Rio Tinto Group's share price had risen a lot, and then it slowly fell back. If this news gets out, the share price will rise by 20%, and it might even rise by 30%.
If they use leverage, the profit margin will be higher.
Not only can the Rothschild family not invest in Rio Tinto Group's share price, but they must also ensure that Rio Tinto Group's share price will not rise sharply and that Polar Bear Mining Group can acquire it at the lowest price.
There is also a line. If the price is lower than this line, the Rothschild family can also get an extra commission.
Speaking of which, it is not easy for the Rothschild family to earn this amount of money. There are many things they need to do. Especially for this acquisition, it must be approved by the organizations. This is the most important point.
If it is easy, they will not dare to ask for such a high commission.
At this time, the UK bank Feng Yu wants to acquire is approved. The process is very fast, and the UK government is also waiting for the money. The UK government is the biggest shareholder of the bank.
Feng Yu transferred the money to the bank and sent Wu Zhigang to sign the agreement on behalf of the bank. He officially owns that bank. Luckily, there are a lot of people in the world who are idling at home, and Feng Yu had arranged for his men to reorganize them.
Those who should retire retire, those who should be fired, and those who should be re-signed will be re-signed. Many dismissals are simple. You are working in London, and the company is sending you to New York. Not going? If you don't want to go, just resign.
Feng Yu wants to acquire this bank, and some people must be adjusted. This is to prevent these people from doing things behind Feng Yu's back. This is just like how in ancient times, officials cannot work in their hometown. The US also needs to replenish their manpower, and these adjustments are common practice for many companies.
It was Lunar New Year's Eve when Feng Yu received Kirilenko's call. Kirilenko had come to Beijing to celebrate Hua Xia's Lunar New Year!
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