If you want to buy it at one time, it is certain that the premium is certain, because you will definitely raise the stock price while making a big purchase in the stock market. This is a lot of risks. Therefore, if you want to acquire shares in a company on a large scale, it is not a little acquisition on the stock market, but a private negotiation with shareholders.

Several large consortiums that are interested and competitive in Hengtian Coal Industry are Mitsubishi in Japan, Samsung in South Korea, Cleveland in the United States, Citibank in the United States, Krupp in Germany and the Miller family in the United Kingdom.

Among the six consortium companies, Krupp and Cleveland are the most sincere. They are both mainly industrial and the importance of coal is self-evident.

The bids of the two companies are similar. The Cleveland Consortium wants to exchange $750 million for 10% of its shares. Krupp offers a relatively low price, but they can take out some conditions that the Cleveland Consortium cannot provide, such as some advanced steelmaking technology and automobile industry technology.

To be precise, the Krupp Group should be called Thyssen Krupp Group. This is not the German fire core during World War II, but a new steel company formed by the merger of Thyssen and Krupp in 1997.

The Cleveland Consortium also started out with Iron and Steel, but it cannot be said that the technology in the hands of several large steel groups controlled by the Cleveland Consortium is not as good as the Thyssen Krupp Group.

Mitsubishi also has its own advantages, and its industrial technology. Although Wang Batian despises some of Japan's industries in his heart, he cannot help but admit that they are indeed developed and advanced enough. With the Krupp Group in the front, this part of the industry is no longer very attractive to Wang Batian.

Needless to say, the two companies that Wang Batian likes are Citibank and Krupp. Krupp has the technology that Wang Batian wants, while Citibank has the highest bid.

The price of the acquisition of 10% of the shares by US$830 million was reported without hesitation. This move obviously made the other companies a little depressed, but they had no good idea.

Wang Xiaoer doesn't care whoever wants to sell it to whom Wang Batian, but Wang Batian already has a 20% shareholding in his hands, and now he is short of holding a press conference to sign a contract.

At this time, the stock market also made great profits, with 25,000 shares sold all, in exchange for $1.73 billion. This money is used to buy Tama Group.

In 2005, several of the largest mergers and acquisitions in China were finally completed, but this month also changed the most to Hengtian Group. Not only did the ranking of the top 500 in China have risen sharply, the entire Hengtian Group began to exude a luxury.

After the acquisition of Taben Group was completed, Hengtian Coal Industry had about US$700 million left on the books. The first thing to do for this US$700 million is to build railways, and secondly, replace some old equipment and overall company reform.

After the reorganization, Hengtian Coal Industry owns 70% of Taben Group's shares, and in the next few years, Hengtian Coal Industry will completely annex this Mongolian behemoth and energy giant.

Wang Batian did not leave the board of directors, but at this time he was no longer the chairman. The new Hengtian Coal Industry headquarters will be placed in Yanjing. The CEO is a Chinese-American, a Harvard-graduated student who once held an important position at the American Iron and Steel Group. Wang Batian is quite satisfied with such a resume.

In fact, no one would have any objection to Wang Batian if he wanted to continue to serve as the chairman of the group. After all, the shares in him and Wang Xiaoer combined were 30%, and the other directors were not the same, but Wang Batian did not want to waste too much energy on Hengtian Coal Industry. There was also a professional manager, which was also very good, although his decision to lay off employees made Wang Batian a little dissatisfied.

Hengtian Coal Industry is already a separate company at this time and has no big relationship with Hengtian Group. The only relationship may be that Hengtian Group's chairman is also the founder and director of Hengtian Coal Industry.

Hengtian Coal Industry began to launch a big move, and Hengtian Construction was not idle either. So much cash in the stock market could not be stored on the bank and company books!

Wang Batian made an application to increase the scale and scope of the new urban area project. The integration of the two districts is right in front of him. What Wang Batian wants is to transform the entire Beijiang city.

This is a big project, but for the rich Wang Batian, this is nothing. Hengtian Construction has made about $1.3 billion in the stock market, and it has exceeded 10 billion in Rmb. Although it is not enough to start the transformation of a prefecture-level city, it will not be too difficult if it is supported by superiors.

The Beijiang Municipal Government naturally would not have any opinions, but when they called the provincial government, the provincial government's attitude made them have some speculations, as if the provincial government was not too enthusiastic about this matter.

In fact, the Jingbei Provincial Government also has its own idea. The transformation of an urban area has already allowed Wang Batian to have such a foundation in the local area. If the entire Beijiang also does this, then...

To put it bluntly, it is because of fear of making mistakes. Especially if a person has such a great influence in the local area, if he really makes any mistakes, he will not be able to escape the blame.

The provincial government's hesitation was also noticed by the Beijiang Municipal Government. When they calmed down, they couldn't help but sweat. The Beijiang urban renovation plan was naturally delayed.

Wang Batian was still very curious. This matter was also a good thing for the government, so why didn’t the review pass? At night, Wang Batian told Yang Qian about his depression. After thinking about it for a moment, Yang Qian understood the concerns of the municipal and provincial governments.

After all, she is her husband, so Yang Qian couldn't say it too straightforwardly, but she still persuaded Wang Batian to keep a low profile. Now everyone knows that Beijiang is almost Wang Batian's one hand in covering the sky. This time the rejection of the application was just the beginning. I believe that from now on, the Jingbei government is likely to deliberately suppress Wang Batian and Hengtian Group.

Wang Batian, who understood Yang Qian's meaning, couldn't help but start to ponder. He also knew one thing about his situation. It was very embarrassing to be neither up nor down. He said that it was a one-handed approach, but in fact it was just because of the new urban project. Once completed, he would inevitably be defeated back to his original form.

The more Wang Batian is, the more he can understand Yang Maosheng's profound meaning. Maybe Beijiang Steel is his only breakthrough!

When she saw Wang Batian, Yang Qian stopped talking when she saw that Yang Suyun hired a very good nanny, at least she had great cooking skills, which was in line with Yang Qian's appetite.

Yang Qian naturally believed in Wang Batian and Yang Qian. Although he did not have any education, Wang Batian had always had good luck and vision, otherwise Hengtian Group would not have developed to this level.

The money from Hengtian Construction and Hengtian Coal Industry that comes from the stock market, Wang Batian cannot move casually, because accidentally may cause the stock prices of the two companies to plummet, but the part that Wang Batian sold privately was owned by Wang Batian.

Twenty percent of Hengtian Coal Industry Co., Ltd. brought Wang Batian a huge wealth of $1.5 billion, and this is a wealth that can be used at will.

There are many? In fact, not many. Think about it, Wang Batian is equivalent to throwing away Hengtian Coal Industry and half of Hengtian Construction. What is left of Hengtian Group now?

One Tongtai Gas Company and one Kaitian Film Company, Hengtian Group's overall value may be less than 2 billion, which is 2 billion rmb.

...
Chapter completed!