Even the World's Richest Man has to avoid people? But Feng Yu has no choice as the World's Richest Man is more attractive than any celebrity.
Feng Yu does not want his life to be disturbed by the media. His houses in Beijing and Bing City are all enclosed villas built by Tai Hua Land. The security is tight, and no one can sneak in.
Many tycoons had been secretly photographed by the reporters, and it's annoying. To many tycoons, the media should provide you with news, and you should expose them. But when I don't give you any news, the media should also keep a distance from you.
When Fu Guangzheng was in Hong Kong, he often appeared in the entertainment headlines because he dated small celebrities. Even now, Li Zekai is still in the entertainment headlines, and Superman Li is not happy about this.
If his son has any business achievements, he will be overjoyed. But dating small celebrities every day will be a disgrace to the Li Family.
Those who liked to be in the headlines mostly relied on it to increase their exposure and fame, which in turn allowed them to earn more money.
Feng Yu is not like this. Many of his businesses do not need the media to report about them, and he can still make lots of money. For example, Wind and Rain Consulting. Feng Yu prefers to keep a low profile.
Even if it's his other businesses, he hopes people will notice his company and brand and not him. But the more he does this, the more curious people are about Feng Yu.
The only thing Feng Yu can use to divert people's attention is his social media accounts. For example, Weibo, Twitter, Chinese Web, or Facebook. This will make people feel that he is not that mysterious, and he is a real person with his own emotions.
After spending two days in Paris, Elena left, and Feng Yu flew to the UK. The Rothschild Family's acquisition of Rito Tinto is in the final negotiation stage.
In other words, the board of directors of Rito Group had basically agreed to be acquired by the Polar Bear Mining Group. It all depended on the final conditions.
Rito Tinto requested that the company's headquarters and important branches not be relocated, which meant that the branches in the United Kingdom, Australia, and Canada must continue to be maintained.
This was not only related to the interests of the shareholders, but also the interests of those countries and the interests of the employees.
On this point, Feng Yu could agree to it. It was nothing more than taxes and social investments. These were not a problem. If those countries were to target them in the future, they could just withdraw their investments. They didn't believe that they would dare to do anything worse. Standing behind Feng Yu and Kirilenko were Hua Xia and Russia. Even the UK and the US would have to consider if they could afford to offend them.
In this day and age, wars did not disappear. However, between great countries, no one dared to start a war. Both sides compromised for the sake of face and interests. It was enough for one side to gain the upper hand occasionally.
The board of directors also demanded a 30% premium over the market value, saying that this was the true value of their company.
Because Kirilenko had arranged for people to acquire Rito Tinto's listed shares in London, Australia, and New York, Rito Tinto's share price had risen. Now, the market value of the company is about 110 billion USD.
The 30% premium is 143 billion USD, and this is slightly lower than the 150 billion USD Feng Yu was expecting. The Rothschild Family is really good at lowering the price.
Of course, this is also because of Superman Li and Hua Xia Aluminum. They had influenced the decisions of some shareholders and directors, making the board unable to offer too high a price. Of course, the price of iron ore is also not that high at this time.
Especially Hua Xia Aluminum, which originally said that it wanted to cooperate with Rito Tinto, either by buying bonds or establishing a joint venture. Now, it suddenly backed out, which messed up Rito Tinto's plan.
The Rothschild Family also persuaded other directors and shareholders to take advantage of the current economic crisis to acquire some companies whose market value was lower than their real value. They will definitely make a lot of money in the future. Even if they just invest in some stocks, they will never lose money.
In addition, Feng Yu discussed with Kirilenko and let Skinner continue to be the chairman of Rito Tinto. He can even be the CEO of Polar Bear Mining Group. This made Skinner, the chairman of Rito Tinto, the first to express his willingness to accept the acquisition of Polar Bear Mining Group.
Skinner has been the chairman of Rito Tinto for a long time and has great influence on the board of directors. If he continues to stay, not only will he still have power, but in addition to a high salary, he will also get annual stock rewards or stock subscription rewards. These are also benefits.
Driven by the desire for power and benefits, Skinner completely sided with Polar Bear Mining Group. He applied to suspend the trading of Rito Tinto's shares, making it easier for Polar Bear Mining Group to acquire Rito Tinto.
At this time, Polar Bear Mining Group had already acquired about 20 billion USD worth of Rito Tinto's shares. They are now the biggest shareholder of Rito Tinto.
Next, they will acquire Rito Tinto as a whole, and they need to place the funds in the bank for supervision. This means that Feng Yu and the rest need to place more than 140 billion USD in their accounts there. Before the acquisition is approved, they cannot touch it.
There are some risks involved in this.
In Feng Yu's previous life, Hua Xia's famous acquisition of Yunding Baiyao at Xinhuadu cost more than 2 billion USD, and it was placed under supervision. After both parties reached an agreement, the local government stopped the acquisition.
This 2 billion USD was placed there for almost a year, and the funds were left idle. They did not make a lot of money, and they were laughed at by their peers.
There are precedents for this situation overseas. That is, after discussing with your company's board of directors, you will sign the agreement, and you will work hard to make the acquisition a success.
If the acquisition is not approved, we will lose a lot of money. You have to bear this risk, or you can get an insurance company to buy insurance for us.
If it is a small acquisition, like 1 or 2 billion, many insurance companies will buy this kind of insurance. But this time, it is more than 100 billion USD. How many insurance companies can afford it?
Even if they can afford it, how much is the insurance?
Rito Tinto decided to let them bear this risk according to the industry rules. If the acquisition is not approved, they will have to pay a certain proportion of the compensation to the acquirer.
Feng Yu and the Rothschild Family requested for the compensation to be as high as possible. This is the biggest acquisition in history, and the risk is too high.
The Rothschild Family did not disappoint Feng Yu. In the end, they agreed to a compensation plan of 5% guaranteed and 10% capped. This means if the acquisition is not approved, Rito Tinto will have to compensate Feng Yu at least 7 billion USD, and the highest compensation is 14 billion USD!
This compensation is the highest in history!
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