Chapter 321: The Secret of Pat Mining

After initialing the loan agreement and solving this big trouble that plagued him, Arnold's mood suddenly became extremely relaxed and comfortable.

Hey.

Arno thought proudly, those two idiots probably wouldn't have expected me to solve the trouble so quickly, hmph, if you want to block me, it's not that simple!

"Oh, yes. Mr. Tang, you made a special trip from São Paulo this time, and you also have a specific cooperation project, right? Arnold asked.

Arnold can sit in the position of vice president of Vale, in addition to his family background, he naturally has his shrewdness.

"Huh. To tell you the truth, I was very interested in Pat Mining, but I heard Morais say that Vale was a necessity for Pat Mining, so I came to visit President Arnold and wanted to seek cooperation opportunities. Tang Bao smiled and explained simply.

Now that he has participated in the bidding for the National Ferrous Metallurgical Company and has taken the big ship of Vale, he is not so eager for Pat Mining Company.

Of course.

If there is an opportunity to bid for Pat Mining, Tang Bao will not give up.

Forehead.

Arno was stunned for a moment, and was stunned for five or six seconds before returning to normal, and asked in surprise: "Mr. Tang intends to bid for Pat Mining Company?" ”

"Yes. Have this idea! Tang Bao did not deny it.

"Mr. Tang, we are now partners, and as a partner, I sincerely remind you that it is best not to mess with Pat Mining. Well, in fact, I'm already planning to give up on acquiring this mining company. Arno said with a serious face.

Yes.

Vale abandons the acquisition of Pat Mining? How is this possible! Hearing Arno's words, both Morais and Milt were incredulous.

They got the news that Vale was determined to win for Pat Mining.

Morais and Milt's surprised expressions fell on Tang Bao's eyes, and he naturally understood that these two people also knew nothing about it.

"Ha, in fact, the information that Morais provided to you before is not wrong, and the decision to abandon the acquisition was made just now." Arnold laughed.

Then.

Arnold continued, "This time I came here on the eve of the private-owned auction, and I also noticed that there was something wrong with Pat Mining. I went to the mine to investigate for myself, and I confirmed my suspicions. Pat Mining seems to be a piece of fat. Actually, it has already become a hot potato. In the past, Vale has repeatedly proposed to buy Pat Mining Company but has been rejected, but now...... The government of Minas Gerais wants nothing more than for Vale to take over the Pat Mining Company sooner rather than later. But I didn't dare to ask for it! ”

Tang Bao's face showed surprise, and he secretly wondered what had happened, so that the fragrant dumplings turned into hot potatoes.

Soon.

Arnold unveiled the mystery for Tang Bao, "Actually, what the outside world doesn't know is that Pat Mining Company has been out of production for more than half a month, and the reason is that the equipment is being renovated. ”

Discontinued, refurbished equipment......

And also concealed the information from the outside world. This is obviously not normal.

"We are in the first line, and it is not strange to regularly renovate and maintain the equipment, but there is no need to stop production at all, and it is stopped for more than half a month. After some covert investigation, I learned that Pat Mining had a production accident that killed six people and injured more than 20 others. A number of responsible persons absconded with the money and disappeared. ”

"If it was just this safety accident, I wouldn't have flinched. But behind the safety accident is a series of problems, as I know about Pat Mining. They spend a lot of money every year to upgrade their equipment, but I've seen that the so-called 'upcycled' equipment is almost all rusty. What this means, fools understand. It's great that Pat Mining's old equipment is running smoothly. Production capacity will definitely be greatly reduced, and the annual output announced by Pat Mining Company is five or six million tons of ore. So it's almost 100 percent certain that Pat Mining's accounts are in a very big problem. ”

After a moment's pause, Arno continued. "Also, the union within Pat Mining is a nuisance, not an ordinary problem. It will bring potential pitfalls to the acquisition. ”

Belch.

Tang Bao secretly sighed in his heart, this is really full of pits. If there had been no contact with Arnold and Vale had given up on acquiring Pat Mining Company, the final result would probably be that Tang Bao would have taken Pat Mining Company strongly, taking over the bottomless pit.

It's dangerous!

I almost fell into the ditch.

"Before I came to Mr. Tang, I was negotiating with the management of Pat Mining and the union organization about the layoffs, compensation, benefits and other issues after the acquisition. Arno smiled bitterly. "As things stand, the acquisition of Pat Mining will not only not bring any gains, but will drag Vale into an endless abyss."

Well.

Tang Bao nodded silently, and said that it could not be done with Vale's strength in Brazil, so it was even more impossible for Tang Bao to clean up this mess.

According to Arnold's description, Pat Mining has three major problems: first, corruption in management; second, Pat Mining Company has been making false accounts for a long time; Third, trade union organizations are very difficult to entangle.

No matter what point it is, it is not something that Tang Bao, an outsider, can solve.

Therefore.

Tang Bao's interest in Pat Mining Company has plummeted.

Suddenly.

A fierce argument sounded outside, interrupting Tang Bao and Arno's conversation.

The noise made Arno frown slightly, and his face showed displeasure, but Tang Bao was beside him, and it was not easy to attack, so he could only use his eyes to signal his assistant Adès to go out and solve the trouble.

Receiving the instructions, Adès hurriedly got up and walked quickly out of the conference room.

Just out the door.

I saw that the crowd of people arguing not far from the door of the conference room was none other than the management and union leaders of Pat Mining, who had just met with Arnold and Arnold.

"Ladies and gentlemen, what do you mean by not going back to rest so late and staying in our company to make a noise?" Adès asked in a somber tone.

"Mr. Ades, you're here!"

The two Vale employees who were blocking the crowd were surprised when they saw Arno's assistant Adès appear, and their hearts were immediately relieved.

With a wave of his hand, Ades motioned for the two Vale employees to get out of the way and look directly at the troublemakers.

Then.

The originally noisy sound suddenly fell into silence, as if time had stood still.

"Hmph. Why? I would like to ask what Mr. Arnold meant by fleeing in the middle of the talks. A big fat man standing in the middle of the crowd took two steps forward, snorted coldly, and asked rhetorically.

"Yes."

"That's right!"

"Arnold invited us to negotiate, but he ran away halfway, isn't it playing with us?"

"Gotta get him to give us an explanation!"

……

Others echoed the chorus.

Ades looked at this scene lightly, a sneer appeared on the corner of his mouth, he knew the calculations in the hearts of this group of people, but they were destined to fail.

Well?

Inadvertently glimpsed the disdain in Ades' eyes, and the big fat man suddenly had a bad feeling. Wave your hand violently. Immediately, the noisy sound suddenly disappeared. The big fat man's name was Cruise Goulart, and he was the chairman of the Pat Mining Company's union, and he had great prestige among the group.

"Evasion is not a solution, and Arnold should know very well that Vale must have our close cooperation if it wants to buy Pat Mining." Cruise emphasized.

"Hmm."

Ades nodded in acknowledgement.

Seeing this, Cruise smiled smugly, which is why he dared to bargain with Vale, no matter who wanted to buy Pat Mining. You have to have a good relationship with their trade unions......

Pity.

Ades' next sentence suddenly made the smile on his face freeze!

"Vale must have your cooperation if it wants to buy Pat Mining, but what if it abandons the acquisition." Adès said coldly.

What, to abandon the acquisition of Pat Mining?

Cruise was stunned. The other workers' representatives were stunned, the management of Pat Mining was dumbfounded, and even the Minas Gerais government official who was hiding behind to watch the excitement became overwhelmed.

Cruise brought the workers' representatives into trouble in the hope of keeping more jobs. Workers can be paid more.

Pat Mining's management secretly supported Cruise in order to keep his position after the company was acquired.

The Minas Gerais official seemed to be just a facilitator, but judging by the fact that he allowed Cruise to take the lead in making trouble. It also has a purpose.

But.

These forces never expected that Arnold would really give up on acquiring Pat Mining. Although Arnold had warned before, they didn't take it to heart, and only regarded it as a bargaining chip for Arnold's pressure.

"Abandonment of the acquisition of Pat Mining...... How can it be? Was this Arnold & Son's decision, or Vale's decision? No, I want to see Arno! Cruise said urgently.

No way.

Cruise couldn't help but be in a hurry, he had been very strong, and that was because he knew very well that Vale had coveted Pat Mining for a long time. But only he understands what's really going on inside Pat Mining, and it would be a disaster if Vale really gave up on the takeover.

Everyone else became flustered.

"Mr. Huffman......" Cruise, who was originally full of momentum, was like a deflated ball, and suddenly lost his energy, and asked the fat official in charge of coordination next to him to ask for help.

Helpless.

Huffman bothered and walked over.

"As for Arno, I want to see him." Huffman asked.

"I'm sorry, Mr. Huffman, President Arnold is accompanying a very important guest of honor and doesn't have time to bother with these little things."

Bagatelle......

Pat Mining involves the livelihood of more than 20,000 people, is that trifle? He was well aware that the problems of the Pat Mining Company were not solved well and that there was a high probability of riots.

"Vale's acquisition of Pat Mining Company has long been negotiated, is it too irresponsible for Vale to suddenly withdraw at the most critical moment?"

"We haven't signed any documents, so there's no question of responsibility." Ades shook his head.

"This is Arnold's decision, he is only the vice president of Vale, and he can represent the company with full authority?" Huffman didn't give up.

"This matter has long been handed over to the president of Arnold, and naturally it can represent the entire Vale company!"

……

Huffman and Adès were entangled for a long time, but there was no progress, and they suddenly became anxious. If the acquisition does go bad, their state government will have a headache.

"I want to see Arno!"

Since he couldn't make sense with Ades, he could only talk to Arno.

After speaking.

Huffman rushed in the direction of the conference room, he had seen Als come out of the conference room, and naturally understood that Arno was still in the conference room.

"Mr. Huffman, please respect yourself!"

Ades's eyes were quick, and he hurriedly blocked Huffman's way, lowered his voice, and reminded with an unhappy face. Arno and Tang Bao are meeting, and he can't let Huffman rush in to do something bad.

"Get out of the way, I want to see Arnold......" Hefman was also angry.

"Vale has decided to abandon the acquisition of Pat Mining, and there is no need to talk about it further. What's more, as I said, President Arnold is accompanying the distinguished guests, and he doesn't have time to meet you. Adesdow.

Well?

Hearing the word "VIP" from Adès's mouth again, Huffman couldn't help but be stunned, he knew very well that Vale was strong, and he could be treated as a VIP by Arnold, and his identity must be extraordinary. This also allowed Huffman to temporarily suppress the urge to break into the conference room.

Call.

After taking a deep breath, Huffman's tone softened, "When will Arno be busy?" ”

"That's not something I can be sure of." Ades shook his head and said, "I think Mr. Huffman should come back another day." ”

Come back another day......

Huffman's nose was almost crooked. The day after tomorrow will be a private-owned auction, how can he have time to continue to wait. (To be continued.) )