Chapter 449 Merger (2)(2/2)
The shareholding was reduced to 50%.
Through a series of equity transfers in the past two months, Tianyue Investment's account received a net cash of US$300 million.
Before the West African Cement Group officially proposed the merger plan, Cao Mo suddenly took out 150 million US dollars in cash from Cornero Cement's account to distribute dividends, and Tianyue Investment received 100 million US dollars in cash.
In addition, Ibogu Mining still has US$700 million in cash and gold in its accounts.
After a series of agreements were signed, the cooperative relationship between Cao Mo and Sturgeon was officially revealed to the world.
Because it involves the debt-for-equity swap for Fulkov Investment, Nitz Oppenheimer and Nsanger, as the main shareholders of Fulkov Investment, naturally knew about all this in advance before the official news was made public.
However, even if the Oppenheimer family's shareholding in Fulkov Investment was significantly reduced this time, they had no other more pragmatic choice other than trying to show their willingness to accept it.
…………
…………
Guo Jian also delayed his return to China until mid-November and stayed in the country for a month. In addition to reporting on the construction and trial production of Fulkov Petrochemical Industry, he also acted as a lobbyist for Liang Yuan and persuaded Han Shaorong and the New Steel Alliance.
senior management, working with the Evans Foundation and Lekki Mining.
The construction of the Bosso-Katero railway is a large project. The focus of the early cooperation is the acquisition of the Bosso iron ore by Lekki Mining and the construction of a concentrator that has been dormant for 20 years. The Katero Steel Plant has to sign a long-term purchase agreement with it.
Ensure that the concentrated iron ore from the Bosso Iron Mine can be stably supplied to the Catero Steel Plant at a price slightly higher than the cost.
The transportation cost cannot be reduced, and the grade of the ore is slightly worse. The agreed price is definitely higher than the refined iron ore in the Akwa Mamba area transported to the smelting furnace of the Catero Steel Plant through the rail-sea connection, but the current price
The problem is that without compromise, Catero Steel Plant will not be able to operate normally.
Of course, when the Botie-Katro railway is successfully constructed in the future and transportation costs drop significantly, even if the grade of Boso iron ore is slightly worse, the final cost will be quite limited, no matter how higher it is than the Mangba concentrate iron ore.
The operation team of Catero Steel Plant is the backbone of New Steel Union. Yu Jinjie is very familiar with the situation of Bosso Iron Mine. Finally, with Han Shaorong's persuasion, he agreed to this plan and let Catero Steel Plant operate first.
There is no second large or medium-sized steel plant in the Gulf of Guinea. The nearest large-scale steel plant is located in South Africa. This also means that the Catero Steel Plant uses the concentrated iron ore from the Bosso Iron Mine at a high price. As long as it is managed properly, it can still squeeze out some.
Profit margin comes.
With such a result, Guo Jian returned to Draculamore happily. He thought that it would be difficult for him to do other private work and he did not have enough capital, so he planned to register a mechanical and electrical equipment and parts company in Draculamore.
Import and export trading company.
The Catero Steel Plant and the Bosso Iron Mine are huge, and they need to be repaired every year, and a staggering amount of mechanical and electrical equipment is replaced. He just thought that if he could get a small bite of fat from them, it would be enough to have a night club.
He did not expect that news came one after another about Draculamo, Cornero Cement and West African Cement Group merging to form West African United Cement, Tianyue Investment taking a stake in Atlantic Bank, and acquiring the controlling stake of Fulkov Investment through a debt-for-equity s
And arrived.
Furkov Investment holds 85% of the shares of Furkov Petrochemical. Cao Mo directly or indirectly controls Furkov Investment, which actually tightly controls Furkov Petrochemical.
At the same time, Falkow Investment also holds 25% of the shares in Cornero New Port City, and merged the 35% shares held by Cornero Lake Industrial Park, which also means that Cao Mo has officially seized the shares of New Port City.
Guo Jian hesitated for two days before reporting the information to Han Shaorong.
"Your fucking eyes are filled with shit, or you've been eating shit all day long! You don't know anything, now tell me you're a fucking waste..."
Han Shaorong's furious voice roared from the phone. Liang Yuan sat on the sofa opposite, silently looking at Guo Jian's face that turned red after being lectured by Han Shaorong on the phone but did not dare to refute a word.
Although it is still unclear why Sturgeon handed over control of Fulkov Investments to Cao Mo, one thing is clear now, that is, Sturgeon had secretly colluded with Cao Mo.
Liang Yuan was also full of regret at this moment:
Looking back at this time, Huang Hebin and Yan Zhicheng returned to Draculamore. Sturgeon, as the actual controller of the Ferkov Petrochemical Group at the time, accepted Huang Hebin without rejection to take charge of the renewal and development of the Ferkov Petrochemical Group.
In the follow-up operations, no manpower was even deployed in the follow-up, and Huang Hebin came in to check and balance. He should have guessed that there was something wrong with Sturgeon.
He knew before that Yan Zhicheng had a problem, so why didn't he think more deeply about it?
Of course, it was too late to say anything now. Seeing Guo Jian hang up the phone in frustration, Liang Yuan patted him on the shoulder comfortingly and said: "Ryan Fortis and us did not expect that Sturgeon would turn up early."
Sturgeon took refuge in Cao Mo, but this also further confirmed that Cao Mo was behind the Calero incident in Akwa in October - Sturgeon worked in Algeria as a senior vice president of Bank Atlantic between July and October.
Kewa is extremely active, and has approached Badinai and Little Savvy many times in this capacity. Cao Mo has succeeded for a while now, but he doesn’t know what will happen if he dies and offends the Savvy family who controls Akwa’s power.
As a result, the top management of the Evans Foundation has completely woken up this time, and they are extremely angry about this. I believe they will give Leth Fortis greater support in the future - let’s see how many days he can still bounce around!”
"That being said, it is possible that the construction plan of the Bosso-Katero Railway will be implemented earlier than expected, but..." Guo Jianxin felt as if his head was stuffed with a ball of thatch, and he sat back on the sofa in frustration and said,
"Mr. Han just promoted on the phone that Dong Chengpeng will go to Draculamo to take over the office. In addition to the directors of Fulkov Petrochemical and Cornero New Port City, Mr. Han also communicated with New Steel, Xihai Steel
, Catero Steel Plant will add a new director, Dong Chengpeng will serve as..."
Liang Yuan personally holds 22% of the equity of Xihai Steel. His positions in Xihai Steel and Catero Steel Plant will not be deprived of him. Dong Chengpeng's participation is only to exercise his authority on behalf of Huamao Capital's shareholding, but Liang Yuan also has some concerns in his heart.
feel bad.
Liang Yuan would never forget that Guo Jian said that it was Dong Chengpeng who first proposed Huang Hebin's return to Draculamore to Han Shaorong. He was curious that Han Shaorong still hadn't thought about Huang Hebin's problem.
Of course, Liang Yuan also knew that Han Shaorong was just using him at first and had no real trust in him. He thought that maybe when Dong Chengpeng went to Dracula Mo and got the real evidence that Dong Chengpeng and Cao Mo secretly colluded, he might be able to truly convince Han Shaorong to trust Dong Chengpeng.
Huamao is basically Cao Mo's counter-intentional plan!
Liang Yuan's mind was wandering, and Guo Jian didn't notice what he was thinking. He just felt painful about losing what he had gained so easily:
Han Shaorong did not say that he would be called back, but after Dong Chengpeng arrived at Draculamore, he could only be regarded as Dong Chengpeng's assistant at best.
Huang Lingli, who has always ignored him, will probably sit on his head and poop and pee in the future, right?
Chapter completed!