Chapter 219 British Bookmaker
It’s not that Serry Shayolio couldn’t get the money for Monsanto, but he also knew that his team’s energy was limited and he was really unable to get involved in too many fields. Although it is the golden period for the development of the software industry, giants like Oracle and Microsoft have appeared, and the only opportunity to make money is financial investment. For Serry Shayolio, it doesn’t have much meaning. Therefore, this time the sale of Lotus Software is also a measure for Serry Shayolio to temporarily withdraw from fierce competition. The future Internet era is still far away, and Serry Shayolio still hopes to gain a foothold in the existing industry.
The Lotus Software was handled smoothly, and Microsoft had long been salivating about this office software company. Although 5 billion US dollars is not a small amount, Seriosa did not ask the other party to pay cash. In the end, everyone happily reached the deal by stocks and cash, and Eva gained greater voice on Microsoft's board of directors.
The due diligence investigation on Monsanto was soon in full swing. Since the other party was not a listed company, there was no obligation to publicize financial reports. Therefore, the accountant team hired by Seriosha must start to estimate the overall value of Monsanto again, such as fixed assets, equipment depreciation rate, net assets, total liabilities, etc., all details need to be found bit by bit. This is the first time that Seriosha has experienced these things in full.
Selyosci hired Deloitte, a former four major accounting firms. They investigated very detailedly, and even had to calculate the iron buckets containing chemical raw materials in the warehouse. The cars in the field drove one after another from them to prevent forging of quantity. This kind of investigation attitude surprised Selyosci and also felt very admirable. Kalim seemed to be very familiar with all this. After all, at a young age, he had acquired companies more than once. The mergers and acquisitions of large companies gave Kalim a rare growth experience, which was not something that could be learned from books.
Seriosha and Kalim did not disclose their identities to Monsanto people. They came to Monsanto as their subordinates. Seriosha got his wish and visited Monsanto's Molecular Biology Laboratory. Here the staff explained to him some basic situations of their genetically modified project in detail.
"Please look, this plant is called petunia. Our company's herbicide, RONDA, can kill almost all annual broadleaf plants, but there are exceptions. RONDA has almost no effect on petunia. Our idea of genetically modified crops comes from this. We hope to find the gene resistance of petunia against RONDA and transplant this gene into our crops! If we finally succeed, we can spray RONDA into the farmland as much as possible! Genetically modified crops will not be affected in any way!" Scientists in the Molecular Biology Laboratory introduced to everyone.
Seriosha listened carefully. Although what the other party said was still in the theoretical stage, Seriosha knew that they would eventually succeed and completely change the current pattern of the seed production industry. Seriosha now feels like visiting Jurassic Park.
"Ladies and gentlemen, here is our soybean breeding team. We have two other teams studying corn and cotton! What we have to do now is to complete all the genome sequencing of soybeans, corn, cotton and petunia, and then arrange them and combine them to find the best plants. This project is very large, and the workload and funds required are astronomical. We are optimistic that the soybean seeds that resistant to Roundup can be applied to farmland experiments in four years..." The head of the Molecular Laboratory is like
Almost heard some news. While introducing his work, he also hoped that the new management would keep it. After all, it has just been established and there is no outstanding achievement to support his statement. In fact, his words are very watery. The research on soybeans has occupied most of the resources in the laboratory, and the research on corn and cotton has just begun. After all, this laboratory is not the most profitable department in Monsanto, and Monsanto is unlikely to put too much resources in this regard.
"By the way, can you find a crop that is resistant to insects?" Kalim suddenly asked. This voice made the staff in charge of the reception in the laboratory notice her existence.
"I think so. The biological factors that affect yield are nothing more than pests and weeds. Since you are studying the seeds that resist Rounda, why not go further, both against Rounda and pests?" Kalim asked curiously.
"Ms., your idea is very good, but our current conditions cannot carry out so many research work at the same time..." The head of the laboratory explained with a word. In fact, the center means that there is no money or no one at all, but after all, there is no money.
After listening to the other party's explanation, Kalim secretly wrote it down in her heart. Sheryosha had actually told her that the most interesting thing to Monsanto was the molecular biology department. Kalim believed in Sheryosha's words and had decided to strengthen this department after the transaction was completed.
Selyosha was listening carefully, and suddenly his phone rang. Selyosha quickly went out to find a place to answer the phone. On the other end of the phone was Yuri, who had not been in contact for a long time.
"Seryosha heard that you came to Canada, why didn't you take a walk here?" Yuri asked on the phone.
"I am on business trips on duty and come to Canada to talk about food business. I went to the casino and was discovered by the KGB people? It is an extraordinary period and the domestic arrest is very strict!" Selyosha explained.
"Seryosha, I heard Hassan say that he started a football lottery business in Moscow and made a lot of money! How is this business very easy to make?" Yuri asked proactively.
"I made a lot of money? How much did it have? I didn't ask about it later, I'm not very clear!" Xie Liaosha replied in a hurry. He wanted to finish the phone and go back to continue visiting the laboratory.
"Okay, Seryosha, I won't keep it a secret. I want to buy a bookmaker and I want to ask for your opinions!" Yuri said bluntly.
"Don't you have several casinos now? Are they all starting to make profits?" Xie Liangsha asked in confusion.
"It's not a casino, it's a bookmaker! I fell in love with a British company, and its business scope is mainly hotel and football betting station business, and its name is William Hill!" Yuri explained.
"What does this mean? Isn't it a hotel casino?" Seryosha asked strangely.
Chapter completed!