Chapter 584: Acquisition of BHP Billiton
Don't look at what Zhao Tai said lightly, Penglai Island can achieve self-sufficiency in food, which is definitely a great achievement. Pen & Fun & Pavilion www.biquge.info During this period, Zhao Tai didn't know how much effort he had put in.
Penglai Island is a small island with poor resources, and the area is not large, when the island was first established, there was no grass on the island, and there was no agriculture at all. Fortunately, Luyang still has black technology, which has paved the soil for the entire island, and then through long-term transformation, modern agriculture has finally been established.
The agriculture of Penglai Island was established by Zhao Tai, and Lu Yang trusted him very much, so even the Penglai Municipal Government did not have an agricultural department, and the entire agriculture was contracted by the Penglai Agricultural Group. In just five years, Penglai Island's agriculture has grown from scratch, from small to large, starting from the greening of the island, to the cultivation of vermilion fruits, to the cultivation of rice, sugar cane, pineapples, bananas...... and then to the establishment of modern pastures, breeding beef cattle, dairy cows, all kinds of livestock......
Two years before the construction of Penglai Island began, a large amount of food had to be brought back from the mainland every day, and now, their self-sufficiency rate is more than 95%, creating a miracle that is compatible with economic development.
However, Penglai Island's agriculture is still flawed, and according to Penglai Agricultural Group's assessment, as Penglai Island's population grows, their food gap will become larger and larger.
“…… After all, the area of Penglai Island is limited, and I was still worried about the problem of food before, but now it is okay, this time we have acquired more than 300,000 square kilometers of land in the kangaroo country, and the planting area has increased by thousands of times, and Penglai Island will no longer worry about food in the future. Zhao Tai's face was radiant, and his joy was overflowing.
During this time, the acquisition of land in the kangaroo country is the main work of Penglai Agricultural Group, twelve inspection teams went to different areas of the kangaroo country, inspected more than 500,000 square kilometers of land, and then by Zhao Tai, Penglai Agricultural Group at a price of 1.2 billion US dollars, acquired 300,000 square kilometers of land, the average transaction price of 4,000 US dollars per square kilometer, in the kangaroo country, this is already a high price.
The Kangaroo Country, which has experienced the worst economic crisis in history, has seen land prices drop a lot, but Penglai Agricultural Group's acquisition of land is not a complete economic act, and political implications must be considered, so it has paid an extra amount of money. After all, the area of land they acquired was so large that it was equivalent to three Soviet provinces. Lu Yang didn't care about this, anyway, he used the money of the Kangaroo Country.
"Boss, we plan to invest 3.5-4 billion yuan to renovate the company's farms. The land management in Kangaroo Country is too rough and wastes too many resources, and our company is second to none in the world in terms of technology and experience in agricultural management. When these land transformations are completed, the group's cropping and animal husbandry output will increase by 500-600 times! Zhao Tai said.
"5,600 times?" Lu Yang was shocked.
"Well, within three years, we are on track to achieve that goal!" Zhao Tai said that this time the land owned by Penglai Agricultural Group has increased by more than 1,100 times, and the natural conditions of these lands are not bad, with the high-tech management of Penglai Agricultural Group, such an effect can be achieved.
At the end of July, under the control of Pangu, Lu Yang finally acquired a 51% stake in BHP Billiton, becoming the absolute largest shareholder, for which he spent a total of $154 billion.
As the world's largest mining company, the news of BHP's change of hands has attracted widespread attention, and at the same time, the news of Lu Yang as a behind-the-scenes acquirer has also spread.
The acquisition of BHP Billiton was carried out by Pangu, and in order to maintain secrecy, he registered a shell company in the Cayman Islands, and then acquired it in the name of this company.
However, after Lu Yang took more than 20% of the shares, the McKenzie family, the largest shareholder of BHP Billiton, realized this and wanted to sell more shares in an attempt to prevent Lu Yang's acquisition. Unfortunately, the difference in strength between the two sides is too great, Lu Yang's determination to acquire BHP Billiton is beyond imagination, and the McKenzie family is powerless in the face of hundreds of billions of dollars.
Now, Lu Yang holds a 51% stake in BHP Billiton, and the entire acquisition has been successfully completed.
"The largest acquisition in 2020 was completed, and Lu Yang, the world's richest man, completed the acquisition of 51% of BHP Billiton's shares for $154 billion!" As soon as the acquisition was settled, Penglai TV took the initiative to break the news, and this acquisition became known to the public.
In this regard, the Chinese media cheered.
"The world's largest mining group has changed hands!" People's Daily Online
"Lu Yang became the owner of BHP, and BHP's stock rose 11% on the same day!" Tianxin community report.
"Tech tycoon Lu Yang has built a resource empire!" Penguin reports.
Other countries, especially the major mining exporters, were alarmed. In recent years, thanks to the development of China's economy and huge demand, the price of iron ore has continued to rise, fattening kangaroo country, Brazil, maple leaf country and so on. The mining giants of these countries have banded together to seize the pricing power of iron ore and suck blood from Huaxia. And now, Lu Yang has mastered BHP, which is a big threat to them.
"Luyang's mineral ambitions are exposed, and the next step is to acquire Vale!" Reported by Folha de São Paulo, Brazil's largest newspaper.
"Who can stop him?" The Maple Leafs Toronto Star made a very alarmist prediction. 、
The people in the kangaroo country are also reluctant to BHP Billiton fall into the hands of Lu Yang, but they no longer have the capital to compete with Lu Yang. With the large investment of Penglai Group, even the government of Kangaroo Country has a green light for this.
International iron ore prices fell 0.5% on the day, but BHP's share price has been rising since then, with its overall market value rising from $220 billion before Luyang's acquisition to $280 billion a week later.
"Stocks up? This is not what I want......" Lu Yang looked at the news without the slightest joy.
"Pangu, find a way to suppress BHP Billiton stock, it is best to make the outside world lose confidence in this company and prevent the McKenzie family from selling their shares." Luyang to Pangu Road.
"Boss, it's easy!"
Before the turmoil of Luyang's acquisition of BHP Billiton had passed, the news of the investigation of BHP Billiton in Kangaroo Country, Brazil, Peru and other countries came. The investigation stemmed from an internal whistleblower from BHP, which, oddly enough, had access to the company's most critical information.
"BHP Billiton's Tayru Iron Mine in Brazil has killed 47 miners!"
"Peruvian officials said that Williams, the general manager of BHP Billiton Peru, has been arrested by the police on 12 counts of bribery, intentional injury, and rape!"
"BHP Billiton is involved in tax evasion, and many executives have been arrested by Kangaroo State!"
What makes the outside world scratch their heads is that in just half a month, BHP Billiton has been constantly exposed to scandals, as if the end is coming.
"Lu Yang's most failed investment!"
"The world's largest mining group will end in the hands of Lu Yang!"
All kinds of rumors are flying all over the sky, but Lu Yang, as the protagonist, has never spoken out. In the end, BHP Billiton's shareholders flew to Penglai Island en masse, and even the McKenzie family sent representatives, hoping that Lu Yang would come forward and use his huge fame and super financial resources to save the unfavorable situation.
However, these people were disappointed.
"BHP Billiton has disappointed me a lot, these scandals are something I didn't expect." At the press conference, Lu Yang said with a flat face, "The shareholders of the company want me to be the chairman of BHP Billiton, but I have refused, and I am very dissatisfied with the current chairman of the company, Mr. Adelson." As for whether I will continue to invest in BHP Billiton, I can tell you in no uncertain terms that I won't! Perhaps, when the time comes, I will consider selling my shares. ”
Lu Yang's speech dealt a fatal blow to BHP Billiton's shareholders, and everyone knows that only Lu Yang has the ability to save BHP Billiton. Since that day, BHP shares have had an avalanche, falling from $41 to $27 and counting.
"This is Lu Yang's conspiracy, he wants to better control BHP Billiton, and when the stock price is falling, Lu Yang has been buying!" Henry McKenzie of the McKenzie family knows Lu Yang's purpose best, but he can't stop Lu Yang. Watching the family's fortune continue to shrink, Henry has been hesitating.
BHP shares are still falling, falling all the way to $16.5. In the process, Lu Yang also increased his stake to 67.3%, and at the same time, Pangu also diluted the McKenzie family's stake to 26.1% by issuing additional shares.
Just when the outside world thought that BHP's stock price was stable, Penglai Mining Company announced that it had discovered two super-large high-quality iron ores in Kangaroo Country, with reserves of more than 10 billion tons!
The discovery of such a large mine has once again hit the international iron ore price, counting these two iron ores, the iron ore holdings under the name of Penglai Mining Company have exceeded 25 billion tons. With their mining technology, it is not a problem to mine 250 million tons of iron ore per year, and this production accounts for 10% of the world's iron ore mining!
At this time, Penglai Mining Company steadily surpassed BHP Billiton and became the world's largest iron ore company.
Since the end of last year, international iron ore prices have fluctuated, but the magnitude is very small, even the discovery of three large iron ore mines in Siberia has not caused much impact. But now, after all kinds of arrangements in Luyang and the pressure of Huaxia Iron and Steel Enterprises, the price of iron ore has finally plummeted.
"Iron ore has been greatly reduced for the first time in 15 years!"
"Iron ore prices are falling, and Brazil's economic growth may be affected."
"Lu Yang has obtained the international iron ore pricing power, and a mining empire is taking shape!" (To be continued.) )