Kirilenko also understood what was going on. It seemed that the Rothschild family felt that they had acquired fewer shares, so they demanded high commissions. Kirilenko even suspected that the Rothschild family had not even contacted Huaxia Aluminum shares are also considered.
How could the Rothschild family not have some excellent skills to dare to be the middleman between such corporate mergers and acquisitions? Even though their bank has a market capitalization of only 10 billion euros on the surface, it only supports elites and its profit margins are far from what other banks can match.
What's more, no one knows how much money their family has, and no one knows how much money they have in overseas bank accounts. Their connections alone cannot be measured by 10 billion euros.
Since they dare to take on this business, the Rothschild family is confident in promoting it, but it may require more words and lobbying in multiple organizations.
Otherwise, even if Lituo Group agrees to sell it, but the European Union, Australia, Canada and other countries do not approve it, the business will still be ruined.
Even if the negotiation fails, there will be no monetary loss and they will not cover compensation, but the loss to reputation will be considerable. For these ancient families, reputation is often more important than visible money.
It is said that businessmen in Western countries attach great importance to the spirit of contract and do everything according to the contract. But in fact, they are sometimes very similar to some old habits in China, that is, verbal agreements are the same.
How to make others believe your words depends on reputation, which can be regarded as the credibility mainly promoted by Western countries. In China, it is called a promise worth a thousand pieces of gold.
Feng Yu told his subordinates that at any time, you must do what you promise, otherwise don't be too busy agreeing. Even if you lose money, you have to do what you promised. Of course, you won't really lose money. Spending thousands of gold to buy horse bones and improve your reputation can also bring many invisible benefits.
Feng Yu does not agree to something easily, but as long as he agrees, he will try his best to make it happen. Businessmen value credibility the most.
Kirilenko personally went to interview with the Rothschild family, put forward the requirements of the Polar Bear Mining Group, and talked about the advantages here, and then asked the Rothschild family to re-quote the final commission price.
After learning that Feng Yu and the others had secured more than ten percent of the shares, and that the acquisition was guaranteed to be in cash, the Rothschild family also re-evaluated the merger negotiations.
Kirilenko once again led people to bargain, and also said that there were no alternatives. Rothschild was very good, but he was not irreplaceable.
After waiting for a day, the Rothschild family finally gave Kirilenko a reply. For 500 million euros, they were confident that Polar Bear Mining Group would acquire more than two-thirds of the shares of Lituo Group. As for the rest, it was very simple. .
After you have absolute controlling rights, you can handle it yourself. For example, delisting the Lituo Group, or exchanging shares for Polar Bear Mining Group, or directly launching a compulsory acquisition, there are many ways, and this can be done without the involvement of the Rothschild family.
Of course, if they let Polar Bear Mining Group acquire more than 90% of the shares of Lituo Group, they should also receive a bonus. If it is 100%, the bonus will be higher. The specific conversion is very complicated, but at most, Polar Bear Mining Group will also Only less than 800 million euros need to be paid.
Although the exchange rate of the euro is higher than that of the US dollar at this time, it is not much higher. This is much lower than the price of US$1.5 billion, but it is also a historically high price.
The agreement between the two parties was signed in secret, and the details will not be released to the public. No one knows how much the Polar Bear Mining Group ultimately paid for it.
The Rothschild family doesn't plan to announce it immediately. After the negotiation is completed, it will be good to publicize that they were the middlemen who facilitated it, so that they can receive more such business in the future and make more money.
In fact, they also have an invisible benefit, that is, they can have an in-depth understanding of these industries. In order to facilitate Polar Bear Mining Group's acquisition of Lituo Group, they always need to have some understanding of the mining industry, and it also deepens their understanding of these two companies. If any investment involves this aspect in the future, they will be able to make more accurate decisions. judge.
It's very simple. For example, if they want to speculate in steel futures or aluminum futures in the future, they can buy up. If Feng Yu and Kirilenko set up such a large stall, they would definitely not let the prices of these main products drop.
But according to the contract, they cannot buy or sell related stocks before the acquisition is successful, otherwise the Rothschild family will make a lot of money with this news.
If Polar Bear Mining Group wants to acquire Lituo Group, and the world's richest man joins forces with the world's second richest man, Lituo Group's stock will definitely continue to rise.
The stock price of Lituo Group rose a lot some time ago, and then slowly fell back. If this news comes out, it will not be excessive to rise by 20%, or even 30% is possible.
If leverage is used, the profit margin will be higher.
The Rothschild family not only cannot speculate in the shares of the Lituo Group at this time, but also ensure that the stock of the Lituo Group will not rise sharply and ensure that the Polar Bear Mining Group acquires it at the lowest price.
There is also a line for this. Below this price, the Rothschild family can also get an additional commission reward.
Speaking of which, it is not easy for the Rothschild family to make this kind of money. There are many things they have to do. In particular, it is most important for this enterprise acquisition to pass the approval of which organizations smoothly.
If things were simple, they wouldn't dare to ask for so much commission.
At this time, the British bank that Feng Yu acquired had all passed the approval procedures, which was very fast. The British side was also waiting to get the money, and they were the major shareholders of that bank.
Feng Yu transferred the money and sent Wu Zhigang to sign the agreement as a representative, officially taking over the bank. Fortunately, at this time, the largest number of financial talents in the world were idle at home, so Feng Yu arranged for people to make some adjustments.
Retire when it's time to retire, fire when it's time to fire, and re-sign the contract when it's time to re-sign. Many dismissals are actually very simple. You work here in London, and the company has sent you to New York now, don't you want to go? If you don't go, resign.
When Feng Yuxin acquires this bank, some people must make adjustments to prevent these people from doing things behind his back that Feng Yu doesn't know about. This is just like ancient officials who were not allowed to serve in their hometown. The United States also happens to need to recruit more talents, and these adjustments are also a common method used by many companies.
When I received Kirilenko's call again, it was already New Year's Eve. Feng Yu went to the airport in person. Brother Ji had really come to the capital to celebrate the Chinese New Year!
… I’m sorry to say the third update, there will be more updates later.