Chapter 330: The Big Acquisition
"Boss, you drank a lot at noon, let's go back to the hotel and lie down and rest for a while." Pen & Fun & Pavilion www.biquge.info" Kate said as she looked at Tang Bao, whose face was a little red.
Well.
Tang Bao didn't object, he wasn't drunk, but he did drink a lot, and his head was slightly sleepy. The original plan to visit a nearby industrial park had to be cancelled at the last minute.
But.
It backfired, and Tang Bao returned to the hotel and was not able to rest at ease. Less than half an hour after lying down, Morais and Milt came running, bent on currying favor with Tang Bao, and the two of them were quite neat and tidy. Good news was brought in the fastest time.
"You may be seated, you're welcome." Seeing the two people who were originally sitting get up, Tang Bao greeted with a smile. As he spoke, he sat down on the couch across from them.
Then.
Morais couldn't wait to report on the results of his efforts, "Mr. Tang, I know that there is a large steel mill that is interested in selling. ”
"Steelworks?"
Tang Bao frowned lightly, this was not the result he longed for the most, what he cared about the most was the investment layout in mineral resources.
"Mr. Tang, this is no ordinary steel plant, it owns its own iron ore and holds shares in many mining companies. Heh, it's more of a mining investment company than a steel mill! Milt looked at Tang Bao, who was frowning, and hurriedly explained.
"Ah, yes, look at my memory, I almost forgot the most important thing. Milt was right, the steel plant was more like a mining investment company. Morais echoed, and then said with great annoyance. Well, however, the other party offered 50 million US dollars, and he didn't sell it for a cent, strictly speaking, the price was a bit high. ”
"The price is on the high side...... So what is your valuation of it? Tang Bao asked.
Morais replied: "Thirty-five million dollars is a normal value. At most, it will not exceed 40 million US dollars, and the price will be severely suppressed, and 30 million US dollars will also have a chance to win. However, the other party did not let go of the 50 million US dollars, and was not willing to negotiate at a lower price. ”
"Oh?"
Tang Baohu looked at Morais suspiciously, he knew that the other party was a person who sold intelligence by relying on his background, how could he even understand the company's valuation.
"Well, this valuation Mosac consulting services can't do it, I'm asking an expert to do the assessment." Feeling Tang Bao's suspicious gaze, Morais explained stiffly. There is no way, his Mosacco consulting company is a sheep's head selling dog meat.
"Oh."
Tang Bao suddenly, this can be understood.
Seeing Tang Bao's move, Morais hurriedly introduced the details of the steel plant, even down to which mining companies the steel plant held. The steel plant is small, but it not only has its own mining company, but also has a stake in as many as 17 mining companies.
It's no wonder that Morais and Milt think the mill is a mining investment company.
"Yes, I want this steel plant." Tang Bao quickly made a decision. He then wrote down a check for $50 million and handed it to Morais.
"Ahh
Looking at the check in his hand, Morais was surprised and hurriedly reminded, "Mr. Tang, the other party is unwilling to reduce the price, but as long as the negotiation continues, it is still expected to keep the price down." ”
"I just want to see the results. How to operate you look at it, it is your ability to lower the purchase price, and all the money saved belongs to you! Tang Bao said.
Morais nodded, "I see." ”
"It's a good job, as long as the assets are good, the price is not an issue. Continue to help me find acquisition targets......" Tang Bao encouraged. There are as many as 17 mining companies in which the steel plant participates, and they do not occupy much equity, but the key is to face light. He remembers that in the future, Brazil's iron ore industry will be integrated through mergers and acquisitions, and these stakes may be unexpected. Of course, even if it doesn't, the business is not a loss.
"Ugh. We are also in contact with several other targets, but we need to evaluate them carefully, and I dare not mention them to you without careful screening, so as not to rejoice. Morais said.
Well.
Tang Bao nodded understandingly.
Suddenly thinking of the purchase of farmland, although he reached a contract with Akmin to lease 100,000 hectares of wasteland, Tang Bao would not give up the acquisition of farmland. Brazil is free to buy and sell land, but Tang Bao is a foreigner after all, so it is more appropriate to find a local to come forward to buy land.
Thereupon.
Tang Bao thought of Morais, which could be a real snake. With his relational background in São Paulo, it was easy to do.
"I'm going to set up a farming company, I need some agricultural land, you come forward to buy it on my behalf!" Tang Bao said.
"No problem."
Morais replied cheerfully. As Tang Bao guessed, this was a trivial matter for Morais.
"Oh. By the way, Mr. Tang, I don't know what specific requirements you have for the acquired land? Morais asked suddenly.
"The more land you acquire, the better! The price is good according to the market price, if the land area is large enough and the geographical location is good, the price is slightly higher and acceptable. Well, the legal restrictions, don't worry, I have reached a certain agreement with the governor of São Paulo. Tang Bao said.
"Hmm."
Morais nodded.
However, he was extremely surprised in his heart, but he didn't expect that less than a day after he and Milt left, Tang Bao and Akmin came into contact with each other, and it seemed that the two sides had reached a cooperation agreement. Akmin is no ordinary official, his family has a lot of influence in Brazil, and the most important thing is that Akmin is more powerful than his very milt backer...... With the appearance of Akmin, Morais knew that if he didn't make some achievements, he would probably become a dispensable character in Tang Bao's eyes.
So.
Tang Bao asked him to act as an agent for the acquisition of land, and he had to do his best to be perfect.
"Heh, Mr. Tang, you may not know much about the situation in Brazil, the legal problem is not a problem at all, the land transactions in various states are frequent, and in all seriousness, many of them are not in accordance with the law, but these land transactions have never been hindered. One is that Brazil's laws are so complex that loopholes can be exploited, and the other is that land ownership issues are time-consuming and labor-intensive, and no one wants to do it. Well, as far as I know, Brazil hasn't done an inventory for at least a decade, and tens of thousands of pieces of land have changed hands several times during that time......," Morais explained, saying this to tell Tang Bao that the restrictions on foreign investors buying land in Brazil's land law seem to be perfect, but can actually be circumvented.
Then.
Milt, who had been silent, frowned slightly, and muttered: "Having said that, but the last thing I think Mr. Tang wants to see is that there will be trouble in the future, how can others not mention it, I suggest that Mr. Tang should do everything according to the law of land transactions." ”
"Hmm."
Tang Bao looked at Milt appreciatively. Now that corruption is rife in Brazil, he knows there are loopholes to exploit, but he doesn't want trouble later.
Therefore.
He tends to choose a reasonable and legal way to achieve his goals, even if someone wants to find fault in the future, there is no excuse......
"Uh...... Don't be that serious, right? As long as the land acquired is not near the border or military installations, who cares about that? Morais disagreed.
In his opinion, things that could have been easily done have to follow those complicated laws, not only to tie their hands and feet, but also to delay the efficiency of doing things, isn't this asking for trouble?
Scold.
Seeing that the two partners, Morais and Milt, had different opinions, Tang Bao just watched with a smile on his face and did not directly interfere.
"It's up to you, and it's up to you to decide what to do. Well, of course, I don't want to see trouble coming to the door later! Tang Bao said.
Then.
Tang Bao wrote a check for $10 million and handed it to the two of them as funds for the acquisition of land. Ten million dollars does not seem to be done, but the price of land in Brazil is cheaper, which translates to about two or three hundred dollars per acre, and the price of the most high-quality land is at most five hundred dollars.
So.
Spending $10 million to acquire land is a "big investment".
……
Holding the huge check written by Tang Bao, Morais and Milt spoke more confidently, and their waists were straighter. It also became strong at the time of acquisition.
Originally, the shareholders of the steel mill did not let go of the 50 million US dollars, but after Morais made a promise of "all cash, no delay, and a lump sum payment", the seller finally gave in.
Ultimately.
Morais and Milt completed the deal to buy the steel mill for $45 million.
Of course.
They did not forget Tang Bao's other task, which was to acquire land.
Morais and Milit were both land snakes in São Paulo, and they knew countless powerful and wealthy businessmen, and it was very simple to use these connections to buy a few pieces of land.
Soon.
Morais spent $10 million to buy six plots of land, ranging in size but adding up to more than 80,000 acres.
Well.
The average price per acre is just over a hundred dollars. The reason why it is so cheap is that on the one hand, there is an abundance of land in Brazil, and the price has not been high, and on the other hand, the seller who sold the land saw that it was Morais who bought the land, and the sale price was a friendly price.
"What...... Running out of funds? Tang Bao was surprised to get this result. I thought that 10 million US dollars would be enough for Morais, but I didn't expect it to be spent on the same day.
"Good."
After a short period of surprise, Tang Bao did not hesitate to praise everyone, and at the same time, very simply, wrote a check for 100 million US dollars.
"This ......"
Seeing the huge check in his hand, Morais looked at Tang Bao uncertainly.
"Go ahead and acquire! Tell me when you're done spending it, don't worry about my lack of funds, I'm just worried that I can't buy land! Tang Bao said with a smile.
"Ahh
Morais was surprised, not to mention the more than 80,000 acres of land bought, this 100 million dollar check can buy at least hundreds of thousands of acres of land, listen to Tang Bao's meaning, this 100 million yuan is used up, as long as there is land to buy, it will continue to be acquired...... He didn't expect Tang Bao's appetite to be so big. (To be continued.) )