Chapter 294： northern mining co.

While Bao Zixuan was negotiating with BHP Billiton, the staff of the Blackstone Fund were intensively negotiating with the Australian Northern Mining Company.

Bao Zixuan not only wanted to come to Australia to buy iron ore, but he also wanted to control a large Australian iron ore company. Only in this way can we not be threatened by others, and we can make decisions on our own.

Northern Mining Company was acquired by the British Rio Tinto Group around 2000 in its previous life, making Rio Tinto a global leader in the exploration, mining and processing of mineral resources, which shows the strength of this company.

Among all mining companies in Australia, Northern Mining can be ranked around 5th. In front of it are a few companies such as Rio Tinto, BHP Billiton, and Integrated Mining Company, which can be said to be quite powerful. It has 12 mines around the world and 8 in mainland Australia.

But now the northern mining company is facing a very troublesome situation, the steel market is sluggish. They had to shrink a lot of business, making the company less profitable. It has not been as deep-rooted as BHP Billiton, without the support of the government and banks. In the previous life, Northern Mining Corporation had to rely on loans to survive this crisis, but now there are large American companies coming to buy it. Not only will the bank not give you a loan, but it will also recoup your due loan.

The staff of the Blackstone Fund have been in Australia for nearly half a year, and they have greeted all the government and banks in advance. As a result, the northern mining industry has not received the same support as in the previous life, and they are facing difficulties. Just knowing that Bao Huodong is going to come to Australia to buy minerals, and now that BHP Billiton has signed a contract, I can say that there is no hope.

Facing the pressure of employees, banks and shareholders, Northern Mining finally let go. The most important thing is that the Blackstone Fund will not participate in management in the next three years, and will only supervise contracts and properties. This reassures the management even more, and promises to the government that as long as it is not a worker's fault, but one worker will be cut, and more than 200 new jobs will be created every year. This allows the Blackstone Fund to get through all the links.

When Bao Zixuan came to Northern Mining, all the contract details had been negotiated. And formed a memorandum, the first phase of the acquisition has been remitted to the account of the board of directors.

Seeing Bao Zixuan coming over, everyone finally understood why Blackstone Fund acquired Northern Mining Company at this juncture. All of this is the new boss's strategy, a strategy of brightly repairing the plank road and darkening Chencang. However, it also left the people of Northern Mining Company speechless, after all, the strength did not allow it.

Originally, I wanted to buy it in the name of Bao Huo Dong Mining Company, but after adding so many shareholders, it is impossible for everyone to pay for such a large transaction volume. Bao Zixuan has not yet made it to the point of making wedding dresses for others.

After communicating with Fok Yingdong and other original shareholders, he decided to buy it himself. After all, Huo Yingdong and others are a little worried about taking out so much money at once and carrying a debt of more than one billion dollars. Although looking at China's lack of steel, no one could have imagined that it would develop so fast.

In the conference room of the Northern Mining Company, Bao Zixuan signed the purchase agreement on behalf of the Blackstone Fund. Blackstone Fund purchased the entire stake in Northern Mining for $1.2 billion in cash and $1.4 billion in debt. This has also delayed the RB team's capital investment to a certain extent, but Bao Zixuan knows that this transaction will definitely be profitable countless times in the future, and even rewrite part of the history of steel development.

Bao Zixuan has spent nearly $2 billion in Australia in less than a week, and has not defaulted. All the remittances were completed at the first time, which made many Australian officials and people feel that Bao Zixuan wanted to increase investment in Australia. He may even immigrate here. If he can stay in Australia, then what effect it will have on Australia's economy is that the children who are playing the black cloud game on the street will understand. Therefore, many institutions and government officials in Australia have sent invitations to Bao Zixuan these days, and there are countless parties and dinners.

Knowing that if you want to mix on other people's turf, many people still have to give face. After all, now that the acquisition of Northern Mining Company has been completed, it is impossible for Bao Zixuan to stay out of the demands of government officials.

Although he is not good at this kind of communication, where is Bao Zixuan's identity now? As long as it is able to pass, it is already very face-saving, plus excellent alcohol and good quality. In a short period of time, many legends of him were circulated in the upper class of Australia. Everyone knew that the young rich man from Xiangjiang was a bold and generous handsome guy. At the same time, it also makes Bao Zixuan the most popular person in the hearts of Australian girls, and even one of the people most want to marry.

After the mining business negotiation was completed, Bao Zixuan began to investigate Australian agriculture. After all, this is a country that rides on sheep's backs and mine carts. Its own agriculture is very developed, and Hutchison's supermarket wants to deploy agriculture, and it is not a long-term solution without its own farm.

Knowing that Bao Zixuan still wants to buy a farm, isn't this transfer of assets! At least in the minds of many Australians, many Xiangjiang people in this era transferred their assets to Australia. Currently, both Australia and Hong Kong are under the jurisdiction of the United Kingdom in name. Therefore, the Australians are not so resistant to the rich from Hong Kong and warmly welcome them.

Many agricultural officials in Australia began to introduce government-managed pastures and farms to Bao Zixuan. In this era, except for Xiangjiang, few people came here to buy farms. After all, it was not as convenient as the United States and Canada.

Seeing the richest man in Xiangjiang come to buy a farm, these people take Bao Zixuan wherever the farm is. We all know that this is a master with good money. If it can be developed in Australia, it can definitely promote the local economy.

Buying ranches and farms is not a rush thing and requires a lot of research. Bao Zixuan will not decide to buy with a slap in the forehead, but it is imperative to deploy agriculture in advance. The follow-up work will be handed over to Heiyun's staff in Australia Bao Zixuan only needs to make an impression in his heart.

Back at the hotel in the evening, Wu Guangzheng couldn't understand this young rich man. When I came out, I had nothing to do but work, and I made myself like an ascetic. These days, he has seen many young and beautiful girls posting, but he has never seen Bao Zixuan interested in a person. What kind of person this is, Wu Guangzheng is very puzzled.

But Bao Zixuan is different from him. He has a wife and is also the daughter of the ship king. Even if he has the heart, he does not have the courage. But seeing Bao Zixuan suddenly felt that the realm of others was high, and being able to maintain restraint on such occasions is the quality that a successful person should possess.

It seems that introducing this young man to the fourth sister should be a good choice, and I heard that selling so many shares to Shaqiantong is to repay Zheng Jiajia's favor. That means that it has nothing to do with Zheng Jiajia in the future. It seems that marrying Bao Zixuan is a good idea. This time, he came to Australia not only for the purpose of negotiation and study, but also for the purpose of examining Bao Zixuan's character. Now it seems that at least the first level has been passed, it is better to ask in detail!

Back at the hotel in the evening, the two were drinking and chatting in Bao Zixuan's room. Wu Guangzheng said with a smile, "I'm a family man, and Bao Sheng doesn't like going out as much as I do. I think many girls have hinted to you these days. Are you worried about your family?"

Bao Zixuan knew that Wu Guangzheng would definitely not dare to go out, otherwise he would not be able to spare him when he returned home. Then he smiled and said, "My brother, I don't have to worry about my family, but I don't have any feelings for these girls; maybe I want to pursue an ideal love!"

Hearing this, Wu Guangzheng could finally report the situation to his family, thinking in his heart that he had accomplished his mission well this time.

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