Australia is rich in mineral resources, known as "the country sitting on the harvester", and many mining companies are headquartered in Melbourne.
Melbourne used to be the capital of Australia. Later, with the growing prosperity of Sydney, Sydney people very much hope that Sydney will become the capital of Australia. The Australian government decided to build a new city Canberra between Sydney and Melbourne as the new capital.
Melbourne, as the old capital, naturally has many historical buildings. It is the most famous cultural city in the southern hemisphere. The green space rate of Melbourne is as high as 40%. The urban environment is very elegant. It has won the UN Habitat Award and has been rated as "the most livable city in the world" by UN Habitat for many years.
Unlike in China, Melbourne in November has officially entered a vibrant summer, with birds singing, cicadas singing and trees verdant. When Henry arrived in Melbourne, it happened to rain, misty rain, add a touch of charm!
"Mr. Williams, if you can come to Melbourne earlier, you can watch the hundred year old Melbourne Cup race! On the day of the Melbourne Cup race, the racecourse is full of fine clothes. Men wear traditional racing clothes or formal suits, and women wear all kinds of colorful hats. The atmosphere of the whole festival is very strong! "
A bearded middle-aged man lamented that he was Gino Tate, chairman of BHP Bihe, a mining giant, who came to the airport to meet Henry.
"Oh, yes, that''s a pity!" Henry laughed.
Keno teterland said with a laugh, "it''s OK. There are still some interesting places in Melbourne. Mr. Williams, it''s rare for you to come to Melbourne this time. I''ll show you around first, and then we''ll talk about cooperation! "
"Good!"
The negotiation was not in a hurry for a while. Since others were kind-hearted, Henry agreed.
BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP BHP. Previously, the two companies merged in 2001. The key factor contributing to the merger is likely to be due to Rio Tinto Group!
At this moment, Rio Tinto is acquiring northern mining company of Australia. Once the acquisition is completed, it will become the world''s largest mining giant. At the same time, it is bound to squeeze the living space of BHP BHP and Billiton BHP. In order to protect themselves, BHP and BHP naturally choose to merge to fight against Rio Tinto! Therefore, from 2000 to 2001, large mining companies merged frequently, creating the world''s top two mining giants - "Rio Tinto" and "BHP Billiton". Among them, BHP Billiton after the merger surpassed Rio Tinto Group and became the world''s largest mining group company!
At present, Rio Tinto Group is in a hurry to acquire northern Australia mining. Henry just called to talk about the acquisition cooperation. Gino Tate thinks that this is an opportunity! Henry will invest in BHP, BHP will take the money to merge other companies, so as to quickly expand its own strength and compete with Rio Tinto!
Melbourne is a city full of vitality and joy, with many scenic spots. Accompanied by Keno Tate, Henry went to Chinatown full of Oriental flavor, visited Collins Street, the most famous financial street in the southern hemisphere, and then visited penguins in Goose Island. The original name of Goose Island is Philips Island, which is one of the must visit attractions in Melbourne. In the penguin landing viewing area on the island, every time the sun is about to set, the sunset reflects the sky into a gorgeous and colorful scene. In front of us, there is a vast ocean, the sea and the sky are connected, the snow waves are rolling, and the waves are roaring. When the sky darkens, penguins that go out to forage in the daytime appear and land from the rough waves. They stagger up a few steps and stop. Penguins are about 30 cm tall, with black bodies and white bellies. Some penguins are rolled up on the beach. They stand up again, organize the team, form a square team, and walk to the shore with steady and dignified steps, Another squadron lined up and went ashore as if in a parade, with more than 3000 at most.
After playing for two or three days, I began to work formally.
According to his analysis report, Henry proposed to buy 75% of the company''s equity with us $25 billion. The board of directors dominated by Gino Tate was very satisfied with the price, and the two sides soon reached an agreement. Then, the merger of BHP was carried out.
For a time, Australia''s mineral industry is surging, affected by this, the world''s mineral prices fluctuate greatly! Many people realize that monopolistic mining giants will soon be born, and they will control the world''s mineral prices.
Rio Tinto immediately stepped up its acquisition of northern Australia mining company.
At this time, BHP and the company had enough funds. After seven rounds of negotiations, BHP and the company annexed BHP with us $18 billion and 20% of the company''s shares in just one month. As soon as the news came out, the industry was shocked, which means that the super giant company was born, and its strength can crush Brazil''s vale and Rio Tinto!
The new company named "Williams mining", has been the world''s first, but Henry is not satisfied, soon, Henry''s hand reached the northern mining company of Australia!
Henry is rich and powerful, and usually buys at a premium, which naturally makes the other party very satisfied, so the acquisition speed is very fast. However, Rio Tinto Group does not have the financial resources, so it is very cheap and the negotiation speed is very slow. Rio Tinto intends to complete the acquisition in the mixed way of partial cash and stock exchange, and the biggest controversial point in the negotiation is how to exchange shares!
Both sides have tried their best to lower the market value of the other company, so it is not easy to negotiate. The bigger the merger, the longer the negotiation time. It takes two or three months, or even longer, just to evaluate the assets, not to mention that the two sides talk in the negotiation.
Henry has already sent people to assess the assets of northern mining company of Australia, which is worth about $17 billion. Without saying a word, Henry directly invested 20 billion US dollars to buy it. He would have to kneel down if he spent money on it! Henry learned that Rio Tinto Group is only willing to give Australia north mining company a valuation of 18 billion US dollars, which is a difference of 2 billion US dollars. Unless Rio Tinto Group is willing to increase the price, Australia north mining company will promise to sell it to itself. After all, 2 billion US dollars is not a small amount!