As the representative of Australian capital in BHP Billiton, Gerard Sieversen made it clear that he agreed to the acquisition of Rio Tinto, "I would like to ask everyone here not to forget our respective business scope, I believe that the vast majority of people here have their own mining groups or primary processing, or steel and other related enterprises, if the acquisition of Rio Tinto, it will greatly expand our business scope, and increase the voice of everyone in their respective industries." Pen Fun Pavilion www.biquge.info"

Maybe money is what everyone wants, the benefits of the shares of Orange Technology USA are obvious, although it is a cross-industry investment, but they are also willing to pay money and sell part of the group's business, but now in the midst of many pressures, shareholders have died down, after all, many of them are involved in mining-related industries, and have been operating for decades, and even have a family business in the development of this industry for hundreds of years.

As more and more people open their mouths, even the chairman of the company cannot reverse the direction of the wind, and can only be forced to compromise, "Committed to the development of the industry is the company's consistent strategic goal, but we must also clearly understand that once this acquisition is not passed, then plus the loss of profits, we will bear the loss of hundreds of millions of dollars in profits, this decision is not so good." ”

"Yes, according to our analysis, the cooperation with Orange Technology has entered the final stage, as long as the Chinese delegation recognizes the raw material reserves we have transferred, then you can sign the contract immediately, and at this stage will not be opposed from the free world; , Australia and a number of South American countries related to it, because we have in fact crossed the 50% monopoly red line. BHP Billiton's senior executive vice president Smith Denny also expressed a cautious view on this.

"Didn't Citigroup explicitly guarantee the security of our deal? They are even willing to provide a $12 billion financing guarantee for this, and I believe that this investment will be favored by Wall Street, and then they and the Western Union Group and the Clelandff consortium will exert influence on the US Congress, right?" Nasser knew that if he wanted to become chairman of the board of directors of BHP Billiton, a century-old mining giant, he had to get the full support of the consortium behind him, otherwise he would have to spend the rest of his life with the signboard of this non-executive director.

"If they can prove it by taking action, then I will immediately apply for a general meeting of shareholders to vote on whether we choose to invest in Orange Technology or initiate the acquisition of Rio Tinto. The chairman of the board of directors, Ande, felt helpless, knowing that he had spent countless energy in order to reach a cooperation with Orange Technology these days, but on the eve of the company's board of directors about to sign and approve the cooperation, a new change occurred, which will greatly shake his prestige.

It is foreseeable that once Nasser pushes forward the proposal to buy Rio Tinto, whether it is successful or not, he will not stay in his current position for too long, and perhaps at the next general meeting, he will receive the company's dismissal papers, thus changing from a chairman with an annual salary of tens of millions of dollars to a retired old man.

But who will let the essence of these capitalists chasing interests will not change, in the final analysis, he is just because he has stood on the side of cooperation with Orange Technology, and he can't change his attitude rashly, otherwise he will definitely choose to acquire Rio Tinto, because this will greatly improve the company's competitiveness, because although the demand for commodity raw materials will decline, but for a long time in the future, these raw materials and minerals can still allow BHP Billiton to ensure its core competitiveness.

"Damn, let the capitalists do it themselves, I don't think Rio Tinto would be so easy to acquire. ”

After the meeting, Smith Daniel, senior executive vice president in charge of the company's strategic planning department, complained in Ender's office.

Ander can only sympathize with this, "Hey, don't you know their principles, when they see that there are interests, they usually work hard, so now when they see the big cake of Rio Tinto, it is normal for them to abandon their previous choice." ”

"But I suspect it's going to be a conspiracy against the company, you know, Rio Tinto bought Alcoa a few months ago, and they already occupy more than a third of the world's mid-to-high-end market in the aluminum supply industry, bringing in more than $2 billion in net profits every year, and I don't believe that the shareholders of Rio Tinto are stupid and willing to spit out such a profit. "Danny has been in a senior position at BHP Billiton for a long time, so he knows a lot about the secrets of the industry.

"And if this acquisition cannot be reached in the short term, then we will face an embarrassing situation, that is, once we withdraw from the negotiations with Orange Technology and accept Rio Tinto's terms, then Rio Tinto will immediately complete the transaction with Orange Technology, but then tear up their promises, with anti-monopoly investigations and penalties, to force us to make concessions, and then it is likely that we will not get anything." Finally, Smith Daniels added a point.

This made Ander also deeply uneasy, he helplessly spread his hands and said, "You have to know, there are some things that we can't decide, but it's okay, old man, I will be fired by the company before you, so I don't have to bear these responsibilities, watch them make trouble, in the end, maybe the chickens and eggs will be beaten, and nothing will be caught." ”

"Why, do you already have a home?" asked Smith Daniel, curious.

Ander smiled, perhaps because of the good relationship established between the two sides for a long time, he did not choose to conceal it, and said directly, "Of course, the Chinese government is actively seeking overseas mineral resource sources, even if our company does not sell these raw mining areas, Rio Tinto will definitely sell them, and in order to facilitate the transfer of these raw mining areas and not be subject to foreign interference, they are ready to set up a joint venture company controlled by the Chinese side, but under the guise of Western capital, and invite me to be the chairman of the board of directors, what do you think?"

"That's pretty good, you've been in the industry for nearly 40 years, and you have some connections that can avoid irrelevant investigations, but have you really thought about it? You know, there is a big difference between the chairman of a multinational giant like BHP Billiton and the chairman of an obscure joint venture, both in terms of treatment and actual power. Smith Daniel looked at his friend and was genuinely happy for him, but asked his doubts anyway.

Ander blinked, "Danny, you can't fool me, to tell you the truth, they offered an annual salary of $1.5 million, with dividends, according to my personal calculations, the value of this part of the option can bring me more than $25 million in the next ten years, you know, I am very old, I need some pension money to avoid difficulties in my old age." How's that, come and help me. ”

Smith Daniel's pinched his nose a little embarrassed, "I, I...."

"Okay, that's it, it's a new challenge, we're in the service of money, not for a specific capitalist, aren't we?" Ender got up and patted him on the thigh, "Leaving this right and wrong, BHP Billiton chooses to acquire Rio Tinto, then the seeds of failure will be planted, and this is not something that a single person or an organization can decide." Come to think of it, they will need an outlet when the time comes, and you, as the head of the company's strategy execution think tank, are you the right scapegoat? Maybe they will prepare a comfortable prison for you. "Ander has seen ups and downs over the years.

He knew very well that in the face of such a huge interest as three or four billion dollars, any capitalist would be undecided.

On the one hand, it is to eat 5% of the U.S. shares of Orange Technology, and then enjoy at least $2 billion in dividends every year after two or three years, of course, the investment is also very huge, only the purchase of capital is equivalent to the acquisition of one-third of Rio Tinto, plus the priority purchase of the company's shares in the early stage of listing, roughly requires tens of billions of cash, which is equivalent to the two original mining areas sold by BHP Billiton, and even requires the company to contribute part of it to fill the vacancy.

The acquisition of Rio Tinto Group is a risky move that seems to have more huge returns, but in fact it hides countless risks, and a huge amount of money of five or six billion US dollars, a bad one, will lead to the bankruptcy of the acquisition, and when the acquisition of Rio Tinto fails, and give up the investment in Orange Technology, then how will the company's shareholders think?

This can almost be said to be the most serious decision-making mistake of the company in this century, and when he is the former chairman, he will also be implicated, but he has already chosen a way out for himself, that is, to get the protection of Huaguo, because he is already the chairman of Huaguo Joint Venture Mining Group, and the shareholders of BHP Billiton must also take care of the impact if they want to move him.

As for Nasser, who was dancing very lively at this time, he must have borne the brunt, did he think this position was so easy to sit?

"Well, you managed to convince me that if the company decided to buy Rio Tinto, then I would submit my resignation as soon as possible. "Smith Deniel's does not dare to take the risk of bankruptcy of the acquisition, after all, once the company makes a decision, then the strategic corporate department is bound to come up with a plan to support the acquisition of Rio Tinto.

In fact, whether it is Ander or Smith Deniel's, the issues they discussed, the shareholders of the company have the same concerns, because they can't guarantee when the promises promised by the United States and other capital will be fulfilled, because whether it's them, or Rio Tinto, or Citigroup, want to cooperate with Orange Technology, that is, within a month.

But BHP Billiton, which has a market capitalization of nearly $100 billion and an annual turnover of $40 or 50 billion, has to go through an endless tug-of-war that lasts for six months or even more than a year or two if it goes smoothly to acquire an equally large mining giant, even if it is only the last equity transfer agreement.

This does not include the adjustment review of the US antitrust department and the European antitrust department, once any of them have an accident, then the plan will die halfway, and then it will be a complete disaster for BHP Billiton shareholders who are beaten by chickens and eggs, who will tolerate the loss of nearly two or three billion US dollars in the next ten years of Orange Technology?

In this regard, even Hanna of the Cliffland Group could not come up with the most effective guarantee, he could only temporarily excuse himself and say, "Gentlemen, you must know that any acquisition is accompanied by huge risks, just like the Rio Tinto Group's acquisition of Alcoa, which took more than two years in the middle, and the antitrust department even came up with more than 17,000 pages of investigation documents, but in the end it was realized, didn't it?"

Thomas Jr., who is the representative of BHP's UK shareholders and the North Sea Petroleum Group, and the Texas Petroleum Group, pondered for a moment and said, "Hannah, you have to give us a clear guarantee, we need not only the guarantee provided by Rio Tinto itself, but also the official documents issued by the US Congress, otherwise we will not be able to convince all the shareholders." By the way, you still have three days, because the Huaguo business delegation will come to the conclusion of the original mining area after three days, and until then, if you don't come up with a conclusion, then we will continue to cooperate with Orange Technology. ”

"Three days?NO~ This is too short, no one can make this guarantee, unless you give me more time, you know that after the acquisition of Rio Tinto, BHP Billiton will become a unique mining empire on the planet, how much profit will this bring us, don't you even have a little patience?" Hanna didn't know what to say, he really wanted to sell the shares of Rio Tinto, but now the other party gave too little time.

Thomas Jr. followed his think-tank adviser for a moment, looked up and asked, "How long will it take you to get a thorough answer?" ”

"Even with Citigroup's lobbying, we will need at least half a month, and the Wall Street financial oligarchy will not interfere with it, of course, as long as I authorize them to fund the acquisition of Rio Tinto, then everything will be fine. Hanna confidently said that he believes BHP Billiton will not turn down such an opportunity to unify the global mining raw material supply market.