Reborn as the richest man in India

There was no need to hesitate. Qiao Ge immediately flew to Sydney. International United Mining Company was next one of Qiao Ge’s most important overseas projects.

Sydney is Australia's largest city and commercial center, and its capital is Canberra.

The headquarters of the International Consolidated Mining Company is in Sydney, where Jogo met Forrist.

"What happened, why do you have to wait?" Qiaogo asked immediately after seeing Frist.

He attaches great importance to Northern Mining Company.

If he waits for one more day, Qiao Ge feels that the situation will be full of changes.

"Mr. Gupta, the situation has changed too quickly." Frist said with a grimace, "They have raised the price again."

"How much has it increased? 100 million or 200 million? Can't we get 1.5 billion US dollars?" Qiao Ge snorted.

Now that the International United Mining Company has abundant funds, Qiao Ge doesn't want to drag it out with the other party anymore, so he spends a lot of money to directly win over the Northern Mining Company.

"Two billion dollars," Frist said.

"What did you say?" Qiao Ge's eyes widened.

Although he was ready to be blackmailed by Northern Mining, such as offering another one to two billion dollars on top of the US$1.3 billion, he would definitely not agree to the US$2 billion.

The valuation will not exceed US$1.3 billion at most. Even US$1.5 billion is already an exaggeration. The asking price is US$2 billion. Is Northern Mining crazy?

"They are not sincere in selling." Qiao Ge took a deep breath and said, "Asshole, are you kidding us?"

Who will pay for the US$2 billion?

He was obviously taken advantage of, and Qiao Ge didn’t think anyone would be willing to pay the money.

The CRA company can be so big, not to mention how many think tanks there are, even ordinary people will not agree.

"No, they are really ready to sell." Frist sighed. "There is a condition for the US$2 billion, that is, the acquisition fee allows the acquirer to pay in installments. The acquirer will pay US$500 million first, and the remaining US$2 billion will be paid in installments." It can be paid off in installments within three years.”

Hearing this, Qiao Ge was a little confused.

How could Northern Mining Company propose such conditions?

Is this to sell the company at a higher price?

This kind of large transaction requires installment payment, and the total price of the installment transaction is definitely higher than the one-time payment.

After all, the seller does not get the funds in one lump sum. There is a cost of time, which simply means interest. The interest for three years is indeed quite a lot.

Of course, more installments should be borne by the acquiring party. For example, he can find a bank to lend the money, pay the acquisition price in one lump sum, and then pay the bank in installments.

It is a bit rare to communicate directly with the seller like this.

However, this is not surprising. The price offered by the seller is relatively high, and the buyer is willing to accept it.

"What's going on with Northern Mining? Isn't it generally true that full payment is given priority?" Qiao Ge probably understood, but he still asked.

"Actually, this plan was proposed by CRA," Frist said. "Although CRA has cooperated with Hanbao Steel, their funds are obviously still a bit tight. It is a bit difficult to come up with US$1.3 billion at once, and even more Not to mention that with everyone’s competition, the price will go up a bit.”

Qiao Ge was silent. He understood what Frist meant and also understood CRA's strategy.

This is about trading time for space.

They want to use these three years to raise the remaining funds.

For them, there is really no problem in three years, and they can raise the remaining funds.

It can be seen that the two of them are still very determined to win the Northern Mining Company.

Two billion U.S. dollars is still a huge price to pay.

"Mr. Gupta, Northern Mining Company made this matter public just to let us compete for quotations. They are too greedy. There were several companies that were interested, but now as they continue to increase prices, all others After giving up, it’s just us and the CRA company." Frist explained again.

"You think this price is not appropriate, so let's wait and see, right?" Qiao Ge asked.

"Mr. Gupta, this is the plan given by the CRA company. It is based on their lack of funds and can only be suitable for them. It is not suitable for us because we have enough funds in hand. Under the full payment, The price will be smaller. According to their method, we will suffer a lot." Frist said, "Northern Mining Company is waiting for our attitude, so I think we are not in a hurry and can take the opportunity to observe. If they say If you insist on this price, we will give up.”

"Give up?" Qiao Ge frowned, "Northern Mining is very important to International United Mining. If it is lost, the impact will be huge."

"No matter how important we are, we cannot be regarded as fools." Frist said, "I have thought about it these days and have conducted in-depth research on this industry. With about US$1.2 billion, we can probably acquire three or five smaller companies. Although the company is not as unified as Northern Mining Company, if it is properly organized after the acquisition, I believe that the subsequent results will not be much worse than Northern Mining. The most important thing is that the price is cheap. If the price is raised to about 1.3 billion US dollars, it will probably still be If we can acquire another company, we should not be inferior to Northern Mining, but it will take us more time to integrate. Therefore, if it exceeds 1.3 billion US dollars, it is not cost-effective for us."

Qiao Ge understood that Frist was ready to give up, and he had obviously thought about it carefully.

If you abandon Northern Mining, then acquire multiple companies as supplements to make up for the lack of quality with quantity. After all, there are many companies, and they are not the same ones. Some machinery, equipment and technologies may be different and the standards may be different.

The integration difficulty here is not small.

However, even with such disadvantages, the advantage is still obvious, that is, less capital is invested.

Judging from the current situation, Northern Mining cannot win the US$1.3 billion.

Then it is not impossible to give up. After all, it is impossible to increase the quotation without limit. You must also conduct a risk assessment to determine whether it is worth the price.

"It seems we are ready to give up." Qiao Ge said with a smile, "You see this matter more clearly than I do, so you can be responsible for the operation."

He needs to grasp the company's strategy, but Qiao Ge can safely leave some specific tactical operations to Frist.

After all, Frist is an expert in this field, and since he is in Australia, he will know more about suitable companies to acquire.

Although it was a bit regretful that Northern Mining Company could not win it, under these conditions, we had no choice but to give up.

"Mr. Gupta, don't worry, I have already prepared." Frist said, "I want to make a final offer to Northern Mining Company in a week, which is 1.3 billion U.S. dollars. It will be paid in full in one go. That's fine. , if it doesn’t work, we will withdraw.”

"Haha~~" Qiao Ge laughed loudly, "This price~~ I think most of them will not agree." (End of Chapter)