Silicon Valley

Australia is rich in minerals and is known as a "country sitting on a minecart", and many mining companies are headquartered in Melbourne.

Melbourne used to be the capital of Australia. Later, with the increasing prosperity of Sydney, Sydney residents very much hope that Sydney will become the capital of Australia. The Australian government has decided to build a new city, Canberra, between Sydney and Melbourne as the new capital.

As the old capital, Melbourne naturally has a lot of historical buildings. It is the most famous cultural city in the southern hemisphere, and the green space rate of Melbourne is as high as 40%. The urban environment is very elegant. It has won the United Nations Habitat Award and has been recognized by the United Nations for many years. Ranked as "the most livable city in the world" by Habitat.

Unlike China, Melbourne in November has officially entered a vibrant summer, with birds singing and cicadas singing and verdant trees. When Henry arrived in Melbourne, it happened to be raining, and the misty rain added a touch of charm!

"Mr Williams, if you can come to Melbourne earlier, you can watch the 100-year-old Melbourne Cup! On the day of the Melbourne Cup, the racecourse is full of fragrant temples, and the men are dressed in traditional horse racing clothes or formal Suits, ladies wearing all kinds of hats, the atmosphere of the whole festival is particularly strong!"

A middle-aged man with a beard regretted that he was Keno Tate, chairman of mining giant BHP, who came to the airport to greet Henry.

"Oh, yes, that's such a pity!" Henry laughed.

Keno Tate said with a loud laugh, "It doesn't matter, there are still 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!"

"OK!"

The negotiation was not in a hurry, and since others were kind, Henry agreed.

This BHP company is part of the former world's largest mining giant "BHP Billiton", and the other part is Billiton Billiton. In the previous life, the two companies merged in 2001. The key factor that contributed to this merger is likely to be because of the Rio Tinto Group!

Rio Tinto Group is acquiring Australia's Northern Mining Company at this moment. 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 and Billiton. In order to protect themselves, BHP and Billiton naturally chose to merge 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, the merged BHP Billiton surpassed Rio Tinto and became the world's largest mining group company!

Right now, Rio Tinto is about to acquire Northern Mining in Australia. BHP is in a hurry. Henry just called to discuss the acquisition and cooperation. Keno Tate believes that this is an opportunity! Henry invested in BHP, and BHP took the money to merge other companies, so as to rapidly expand its own strength and compete with Rio Tinto Group!

Melbourne is a vibrant and fun city with so many attractions. Accompanied by Keno Tate, Henry went to Chinatown full of oriental flavors, visited Collins Street, the most famous financial circle in the southern hemisphere, and then visited Penguin Island. This penguin island, formerly called Philip Island, is one of the must-see attractions in Melbourne. In the penguin landing viewing area on the island, every time the sun is about to go down, the sunset will reflect the sky into a colorful, vast ocean, the sea and the sky are connected, the snow waves are rolling, and the waves are bursting. After the sky darkened, the penguins that went out for food during the day appeared and landed from the stormy waves. They waddled a few steps and stopped. The penguins were about 30 cm tall, with black bodies and white belly. Some penguins were rolled up on the beach, and they stood up again. , tidy up the team, form a square, neatly, and walk towards the shore with steady and dignified steps. Just after one group of squares left the beach, another group of squares was lined up, as if it was a military parade. Continuously marching ashore, there are as many as 3,000 before and after at most.

After playing for two or three days, the official work began.

Henry proposed to BHP to acquire a 75% stake in the company for $25 billion, based on his subordinate's analysis report. The board, dominated by Keno Tate, was so pleased with the price that the two sides quickly reached an agreement. Subsequently, the merger of Billiton Company was carried out.

For a time, the mining industry in Australia was surging. Affected by this, the price of mines around the world fluctuated greatly! Many people realize that monopolistic mining giants are about to be born, and they will control the world's mineral prices.

When Rio Tinto heard the news, it immediately accelerated the pace of acquiring Australia's Northern Mining Company.

At this time, BHP had sufficient funds. After seven rounds of negotiations, in just one month, BHP was annexed with 18 billion US dollars and 20% of the company's shares. As soon as the news came out, the industry was shocked, which means that a super giant company was born, and its strength can crush Brazil's Vale and Rio Tinto!

The new company was named "Williams Mining", and it was already the number one in the world, but Henry was not satisfied. Soon, Henry reached out to the Northern Mining Company of Australia!

Henry has a lot of money and usually buys at a premium, which naturally makes the other party very satisfied, so the acquisition speed is very fast. However, the Rio Tinto Group did not have the financial resources, so it had to compete with each other, and the negotiation speed was very slow. Rio Tinto intends to complete the acquisition in a mixed way of partial cash and cross-share swap, and the biggest point of contention in the negotiation is how to cross-share!

Both sides are desperately trying to lower the market value of the other company's company, and the negotiation is naturally not easy. The larger the merger, the longer the negotiation time. It will take two or three months or even longer to evaluate the assets alone, not to mention that the two sides are talking nonsense when negotiating later.

Henry has already sent someone to assess the assets of Australia's Northern Mining Company, which is worth about 17 billion US dollars. Henry didn't say a word, he directly spent 20 billion US dollars to acquire it, and he would smash it to his knees with money! Henry learned that the Rio Tinto Group was only willing to value the Australian Northern Mining Company at US$18 billion, which was a shortfall of US$2 billion. Unless the Rio Tinto Group was willing to increase the price, the Australian Northern Mining Company would agree to sell it to itself, after all 2 billion Dollars are not a small amount!

(To be continued ~^~)