Chapter 278: Deliberate Suppression

Chapter 278 of the first volume of rebirth is deliberately suppressed

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If you want to buy at a premium, you are sure, because you are buying a lot on the stock market and at the same time, you will definitely raise the stock price, and there are many risks in doing so, so if you want to buy a company's shares on a large scale, you will not buy a little bit on the stock market, but negotiate privately with shareholders.

Some of the major consortia that are interested and competitive in Hengtian Coal are Mitsubishi in Japan, Samsung in South Korea, Cleveland in the United States, Citibank in the United States, Krupp in Germany, and the Miller family in the United Kingdom.

Among the six consortiums, the Krupp and Cleveland consortiums are the most sincere, they are all industrial-oriented, and the importance of coal is self-evident.

The Cleveland consortium wanted $750 million in exchange for 10 percent of the shares, and Krupp offered a relatively low price, but they were able to offer some conditions that the Cleveland consortium could not offer, such as some advanced steelmaking technology and automotive industry technology.

To be precise, the Krupp Group should be called the ThyssenKrupp Group, which is not the core of Germany during World War II, but a new steel company formed by the merger of Thyssen and Krupp steel companies in 1997.

The Cleveland consortium also started with steel, but it must be said that the technology in the hands of several large steel groups controlled by the Cleveland consortium is not as good as that of ThyssenKrupp Group.

Mitsubishi also has its own advantages, the same is industrial technology, although Wang Batian despises some of Japan's industries in his heart, but he can't help but admit that people are indeed developed and advanced enough, but with the Krupp Group in front, this part of the industry is no longer very attractive to Wang Batian.

Needless to say, the two that Wang Batian likes are Citibank and Krupp, Krupp has the technology that Wang Batian wants, and Citibank has the highest bid.

The price of the $830 million acquisition of 10 percent of the shares of Citibank was quoted without hesitation, a move that obviously made several other companies a little depressed, but they had no good way to do it if they were not as financially resourceful.

Wang Xiaoer doesn't care who wants to sell to whom, but Wang Batian already has the owner of the 20% shares in Wang Batian's hand, and now he has to hold a final press conference to sign the contract.

At this time, the stock market also made a lot of profits, and all 250 million shares were sold in exchange for $1.73 billion, which was used to buy the Taben Group and had a surplus.

In 2005, several of the largest mergers and acquisitions in China were finally completed, but this month was also the biggest change for Hengtian Group, not to mention the ranking of the top 500 in China, the entire Hengtian Group began to exude a sense of luxury.

After the completion of the acquisition of the Taben Group, Hengtian Coal still has about 700 million US dollars left on its books, and the first thing to do with this 700 million US dollars is to build a railway, and secondly, to replace some old equipment and the overall corporate reform.

The restructured Hengtian Coal Industry owns 70 percent of the Taben Group, and in the next few years, Hengtian Coal will completely annex the Mongolian behemoth, the energy giant.

Wang Batian did not leave the board of directors, but at this time he is no longer the chairman, the new Hengtian coal headquarters will be placed in Yanjing, the CEO is a Chinese-American, Harvard graduate, once held an important position in the American Steel Group, such a resume Wang Batian is quite satisfied.

In fact, no one will have an opinion if Wang Batian wants to continue to serve as the chairman of the group, after all, he and Wang Xiaotian have a combined 30% of the shares, and the other directors are not of the same mind, but Wang Batian does not want to waste too much energy on Hengtian Coal, and there is a professional manager who is also very good, although his layoff decision makes Wang Batian a little dissatisfied.

At this time, Hengtian Coal Industry was already a separate company, and it did not have much to do with Hengtian Group, and the only relationship that may be the chairman of Hengtian Group is also the founder and director of Hengtian Coal Industry.

Here, Hengtian Coal Industry began to make a big move, and Hengtian Construction was not idle, so much cash in the stock market could not be stored in the bank and company books!

Wang Batian put forward an application to increase the scale and scope of the new urban project, and the integration of the two districts is just around the corner, and what Wang Batian wants is to transform the entire Beijiang urban area.

This is a big project, but for the rich Wang Batian, this is nothing, Hengtian Construction in the stock market circle of about 1.3 billion US dollars, in exchange for RMB has exceeded 10 billion, although it is not enough to start a prefecture-level city transformation, but if there is the support of the superiors, I believe it will not be too difficult.

Naturally, the Bac Giang government did not have any opinions, but when they sent the application to the provincial government, the attitude of the provincial government made them a little suspicious, as if the provincial government was not too enthusiastic about this matter.

In fact, the Jingbei Provincial Government also has its own ideas, and the transformation of an urban area has already allowed Wang Batian to have such a foundation in the local area, and if the entire Beijiang comes like this, then ......

To put it bluntly, I am still afraid of making mistakes, especially if a person has such a great influence in the local area, if there is really any point difference, then I will not escape the blame.

The provincial government's hesitation was also noticed by the Bac Giang municipal government, and when they calmed down, they couldn't help but break out in a cold sweat, and the Bac Giang urban transformation plan was naturally delayed.

Wang Batian is still very curious, this matter is also a good thing for the government, why is there no audit? In the evening, Wang Batian told Yang Qian about his depression, and after a little thought, Yang Qian understood the worries of the city government and the provincial government.

After all, it is her husband, Yang Qian is not easy to say too bluntly, but she still persuades Wang Batian to keep a low profile, and now everyone knows that Beijiang is almost Wang Batian's one-handed cover, this application rejection is just the beginning, I believe that from now on, the Jingbei government is likely to deliberately suppress Wang Batian and Hengtian Group.

Wang Batian, who understood Yang Qian's meaning, couldn't help but start pondering, he also knew a little about his own situation, it was very embarrassing to go up or down, saying that it was a one-handed cover, but in fact, because of the new city project, once it was completed, he would inevitably be beaten back to his original shape.

The more Wang Batian can understand Yang Maosheng's deep meaning at this time, maybe Beijiang Iron and Steel is his only breakthrough!

Seeing that Wang Batian didn't know what he was thinking, Yang Qian stopped talking, and couldn't help but say that the nannies invited by Li Suyun were very good, at least the cooking skills were very good, which was very in line with Yang Qian's appetite.

Yang Qian naturally believes in Wang Batian very much, although he has no academic qualifications, but Wang Batian's luck and vision have always been quite good, otherwise Hengtian Group would not have developed into this kind of Cheng dรน.

The money that Hengtian Construction and Hengtian Coal Industry circled from the stock market Wang Batian can't move casually, because a careless accident may cause the stock prices of the two companies to plummet, but the part that Wang Batian sold privately is owned by Wang Batian personally.

Twenty percent of Hengtian Coal shares have brought Wang Batian a huge fortune of $1.5 billion, and this is a fortune that can be used at will.

A lot? In fact, it is not much, think about Wang Batian is equivalent to losing Hengtian Coal Industry and half of Hengtian Construction, what is left of Hengtian Group now?

A Tongtai Gas Company and a Kaitian Pictures, the overall value of Hengtian Group may be less than 2 billion, which is 2 billion RMB