Reborn as the richest man in India
Chapter 305 Exhausting 40 Billion
Qiaogo was silent for a moment. If it was Rajiv's intention, then it was normal for Manmohan not to get the news at the first time.
Manmohan's status in Rajiv's heart is not among the highest.
As a traditional wealthy family, Lishid's network of connections is really great.
The relationships with people around Rajiv are all involved, and it may even be Rajiv himself, so he can get the news as soon as possible. Whether the news is true or false, this reflects the influence of traditional wealthy families in the military and political circles. .
"If this news is true, it is completely understandable that they are so desperate now. There will basically be no chance to acquire such a large area of land at once in the future." Lishid added.
"That's it." Qiao Ge smiled.
"Brother Qiaogo, why don't we two bid together?" Lishid said suddenly.
These words made Qiao Ge stunned for a moment.
"I have more than 10 billion here, and if you add yours, how can I compete with them?" Lishid said.
"I don't think this company is worth such a high price," Jogo said.
Hearing this, Lishid smiled and said nothing more.
He actually said that, and to be honest, he felt high in his heart.
Moreover, such a large investment cannot be achieved by just talking about cooperation.
Just because they are not optimistic about it does not mean that others are not optimistic about it. Everyone has their own ideas. Some people think it is worth it, so they will continue to bid.
At this price, Qiao Ge would definitely not take action. He also thought that Lundela and the others could win over Company B, which would better consume their funds.
The final price was set at 22.95 billion, which was the price shouted by Lendra, and they got company B as they wished.
They still have 1.05 billion of their 40 billion loan, which is almost all used up.
Lendra and Shiwu didn't know whether to be happy or to cry.
Originally, the two families estimated that they could almost win three companies with 40 billion.
And now after taking over two companies, the loan has almost been exhausted, which is simply outrageous.
Whether the price is high or not is up to the two of them.
Because the bottom line given to them by the family is to win two companies, no matter how high the price is, they have to win.
"Maybe they really just want to raise the price." Shiwu sighed.
"Not necessarily. If we give up, they will also eat it." Lundela said, "No matter what, we have completed the task assigned by the family. And if the news is true, our two companies will almost be out of print. Well, such good things will never happen again in the future."
Shiwu didn't say anything more.
This auction was naturally led by the Aiyar family, accounting for 80%, while the Sitharaman family only accounted for 20%.
It’s not that the Sitharaman family doesn’t want to take on more loans, it’s because they really don’t have the ability.
After all, they have invested too much in the edible oil market. The Aiyar family has more assets than others, and their liabilities are lower than that of the Sitharaman family.
Of course, this is not the point. The point is that the Aiyar family is too eager for these lands.
They would rather take on more debt than share more on their side.
Although the Sitharaman family also wants to take more shares, now they mainly rely on the Aiyar family, and they can only be led by the Aiyar family.
The three companies sold a total of 49.86 billion, which is a very high price premium.
Consider that Manmohan and Narasimha estimate that the maximum number may be 40 billion, which is almost 10 billion more.
Qiao Ge thought that with nearly 50 billion in funds, the financial tension should be alleviated a lot.
When the game was over, Qiao Ge had a conversation with people from the Edible Oil Alliance.
The other party was not in a good mood. They really wanted to take over Company B, but the Aiyar family was too determined and they didn't expect to be willing to pay such a high price.
If they continued to follow, even if they were to win, the gains would outweigh the losses, so they stopped here.
"Are you really planning to withdraw from the edible oil market?" Qiao Ge asked.
"If we win company B in the auction, we will definitely withdraw. Now, hehe, we can continue to spend some time with them. The 40 billion they borrowed was completely overdrafted, and now it has been exhausted all at once. I don't know if they can still spend it. How much more can I borrow?”
Qiao Ge smiled, but he was not optimistic about how long these people could last.
Although the Sitharaman family and the Aiyar family are spending a lot of money, they are now facing a situation where they are about to win in the edible oil market, and they will definitely do whatever it takes.
The alliance on the opposite side is very loose. It suffered a lot of losses from the attack by the Sitharaman family, and internal problems will soon arise.
Qiao Ge didn't think too much about these.
I am not very familiar with them, that is, Huaida acted as an intermediary among them, so I got to know them a bit.
Therefore, you cannot believe everything they say, and they will not tell themselves all their true thoughts.
Besides, if he wanted to snipe the Sitharaman family, Jogo never thought of relying on them.
It is impossible for them to do anything to the Sitharaman family.
Of course, it would be good if they could persist a little longer and attract more attention from the Sitharaman family.
This will ensure that their actions on palm oil are more difficult to detect by the Sitharaman family.
"These guys are not of the same mind and cannot defeat the Sitharaman family." Lishid said to Qiao Ge while looking at some people from the Cooking Oil Alliance who were leaving.
Lishid certainly knows about the battle in the edible oil market. After all, it has been going on for more than a year, and the money spent by both parties is a bit scary.
Since the Sitharaman family joined the Aiyar family, they have changed some ways of playing in the edible oil market.
In the past, we were tough with these opponents, but now our methods have been softened, such as absorbing some edible oil companies and letting them convert their company assets into capital shares.
It must be said that this effect is very good, it can easily divide the fragile alliance, making the Sitharaman family even more comfortable in the edible oil market.
The reason why the Sitharaman family has such a change is not only because the Aiyar family joined, but also because they found that they had overestimated themselves before, thinking that they could make these opponents collapse under strong pressure.
In fact, these opponents were much tougher than they expected. In the face of resistance, the battle that they thought would be a quick victory turned into a protracted battle, which almost made them unable to hold on.
So you have to let go appropriately. Eating alone is obviously not going to work.
"Whether they can win or not, at least this time they made the two major families of Aiyar and Sitharaman bleed." Jogo said with a smile.
"Although I think the price is a bit high, considering the government's policies in the future, they won't suffer too much," Lishid sighed.
Qiao Ge knew that most people must think so, but he really wanted to say that there would be many state-owned companies to be sold in the future, but he definitely couldn't talk about these things. He only knew about it.
After Qiaogo returned, he immediately contacted Manmohan and asked about tightening land transactions in the future.
Manmohan told Qiao Ge that he had just learned some news.
This is what Rajiv meant. State-owned grain companies will definitely not auction anymore, and most state-owned companies will not continue auctions anymore.
As for other private lands, it will remain the same as before. They will probably make a fuss about taxation and increase some transaction tax rates.
This news is certainly not good news for most people who failed to bid for the company.
But for Jogo, he didn't care.
Because he knows what happened in 1991.
Even if you really hold back now and don't sell it, the country will be bankrupt by then. What can't be sold?
After all, the Aiyar family was taken advantage of and won two companies at a high premium.
Qiao Ge even wondered whether these words were spread intentionally by Rajiv in order to raise the selling prices of the three companies.
Qiao Ge feels that this possibility is still very high. After all, it is impossible for Rajiv, the leader of the government, not to pay attention to financial matters.
The Eyal family quickly confirmed this. For them, it is definitely a good thing for them that the government will no longer auction state-owned grain companies.
As a result, this is almost out of print, and it will be impossible to buy such a large piece of fertile land at once in the future.
The price they spent this time was not small, and now it seems that it is definitely a high price. But considering the scarcity of these lands, as long as the timeline is extended, it will be completely acceptable in a few years.
The Aiyar family was a little angry about Qiaogo taking over a company, but they didn't care too much.
What makes them hate them even more is the edible oil alliance.
If it weren't for this group of people, their bidding price would not have been raised to such a terrifying amount.
We must not be lenient in suppressing these guys.
That was almost the final blow.
They have already made an agreement with the Sitharaman family.
After finally getting a guarantee from Reliance Group, we must make the most of this guarantee.
There was still a loan line of 10 billion yuan left, and they decided to use it up and invest it all in the edible oil market to defeat them in one fell swoop.
After this battle, the pricing power in the grain and oil market is almost in their hands.
Under Bian Da's strong request, Qiao Ge came to Bian Ha Club.
In fact, the club has been open for a long time. Bian Da and Hamid have done a very good job. There are already many second and third generations coming here to play happily.
"Welcome boss to come and inspect." When Bian Da saw Qiao Ge get out of the car, he immediately ran over to open the door and respectfully asked Qiao Ge to get out of the car.
"Leave these things to the people below. No matter how you say it, you are a manager." Qiao Ge said with a smile.
Bian Daha laughed and said without stopping while pulling the car door: "Boss, not everyone has this opportunity. Be careful..."
Under the leadership of Bian Da, he walked towards the gate.
The door is very ordinary. According to Bian Da, everything should be eye-catching, including the door, which must be the top priority.
But this idea was rejected by Qiao Ge.
What is the purpose of the club?
So it's more appropriate to keep a low profile.
It looks absolutely low-key on the outside, but it's different on the inside. It's as luxurious as it comes. A huge contrast doesn't necessarily mean it's not an excellent design.
Bian Da is a disciple of a wealthy family and knows how to enjoy it. Qiao Ge's funds are almost open for him to spend, so the club is full of tricks and is very successful.
"Why can't you go in? Are you afraid that I don't have money?" Suddenly there was a noise from the direction of the door.
Bian Da's face darkened, who doesn't understand the rules so much.
I usually forget about it. I finally invited my boss here this time. I didn’t expect that making such a fuss would cause trouble for my boss.
"Sorry, we only entertain members here. Sir, you don't have a membership card, so..."
"Then get me a membership card. How much does it cost?"
"Sorry sir, the membership card needs to be reviewed by our manager."
"Ah, what are you doing blocking the door, making people laugh?" Bian Da walked quickly to the door with a gloomy face. When he saw the troublemaker clearly, he was surprised, "Is it you?"
Qiao Ge also noticed it at this time, but he didn't expect it to be Jena.
Is he in New Delhi?
However, Jogo quickly realized that Jena had been dismissed from his position in Mumbai long ago and now he has been beaten to the end. He is considered an undisturbed person in the Sitharaman family.
So Jena returned to New Delhi from Bombay.
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