Extraordinary Genius

Chapter 1853 Acquisition Obstruction

Next, how Huaxia's dairy industry develops, Feng Yu doesn't care. In short, it won't make people feel like foreign moons are round.

Feng Yu now has some headaches, the acquisition of Li Tuo Group has been stabbed out!

Feng Yu and Kirilenko and the Rothschild family have made it clear that the acquisition should be done quietly, so as to keep a low profile, there can be a lot less trouble.

But it didn't occur to them that they didn't stab it out, and the Li Tuo Group was very rulesy. Without publicity, they must have broken out the news with Bito.

Bi He Bito also wants to acquire Li Tuo Group, or at least Li Tuo Group's iron ore business, so that they can wrestle with Freshwater Valley, the boss of the iron mining industry, and even lead the way and become the boss of the mining industry.

After contacting Bituo Group, Lituo Group's attitude changed dramatically. Previously, we maintained an immediate relationship with them, neither agreeing nor refusing, but saying that the conditions were not good enough.

But at this point, the Little Group says this condition is not to talk about!

What caused the attitude of Little Group to change dramatically? Bing and Bing Too's executives suspect that Tao's attitude has changed dramatically and must have been injected with new funds.

They heard that the Litho Group was negotiating with the Huaxia aluminum industry to strengthen its cooperation in the aluminum industry and consolidate its position as the world leader in this regard.

Lituo Group is short of cash, Huaxia Aluminum industry is waving cheques, both sides had business dealings, this cooperation is not too difficult.

But it's not in conflict with Bito's takeover of the Rituo Group's iron ore business? Why didn't Little Group talk about it?

Unless someone wants to acquire their iron ore business as well, or fund this part of the business.

It is common practice for peers to send undercover companies to each other. Some core departments may be bound by loyalty agreements, confidentiality agreements, etc., but many others are not, and they have access to such information.

Bi He Bi Too Group only realized that there was really a new enterprise that was talking to Li Too Group about the acquisition, which was Polar Bear Mining Group.

Polar Bear Mining Group, the industry of Feng Yu and Kirilenko, the group's CEO also contacted Bi He Bito to ask if Bi He Bito intended to sell.

Bi He Bituo has a lot of minerals. It is very close to the minerals of Polar Bear Group. By acquiring them, it can reduce the cost of transportation and many other aspects and increase profits.

How could he have agreed to Polar Bear Mining Group's acquisition when he was ambitious to acquire Little Group and expand his business?

But Bito and Bito didn't expect that the Polar Bear Mining Group would contact Li Tuo Group, and it seems that Polar Bear Mining Group is also starting to acquire shares in Li Tuo Group in the stock market, which is said to have acquired more than 10%!

This attitude is already obvious, Polar Bear Mining Group Opposite Tower Group has entered the acquisition process, no wonder Little Tower Group has disregarded their Bing and Bing Too quotes, this is a better buyer!

Polar Bear Mining Group wanted to acquire more than 50% of the shares when it asked Bi He Bi Too for a quote, and this time it seemed to acquire at least 50% of the shares of Li Tuo Group, which is a big rush.

If it was acquired by another mining group, Biwa Bito didn't care much, but Polar Bear Mining Group, the fastest rising mining group in recent years.

Previously only in Russia or the former Soviet Union, there were gold mines, nickel mines, copper mines, oil, coal, etc. of modest size and very low output.

At a time when other mining companies were making quick money, the mining group actually made less than $100 million a year in net profit, making its peers laugh. So massive, so profitable, the operators are really weak.

At that time, Kirilenko, as requested by Feng Yu, restricted the amount of mining, and then updated the mining equipment, especially the safety aspects, with great investment.

By the time the price of minerals soared, their mining had begun to increase, and they had bought many gold mines with an average premium of over 20 per cent.

This makes my colleagues laugh. Why do you buy so many gold mines? Do you have to break wrists with other mining companies to prove who's the boss of the gold mining industry?

But soon, gold prices skyrocketed, and the gold mines acquired by Polar Bear Mining Group all rose by more than 50 percent in value!

Everyone was staring at this moment, and those mining companies who thought they were selling cheap to the Polar Bear Mining Group Gold Mine regretted it.

And suddenly, how can Polar Bear Mining be so much more profitable than they are? Extremely efficient mining, safety is much better than them, there has never been any major accident in the mine, so many years, no miner has actually died!

Mining is a dangerous profession in any country, and accidents can occur even when some open-air mines are mined. Almost all mineral industries have some "death quotas”, that is, how big you are, how many people die in the mine each year, which meets the safety standards!

Sounds cruel, doesn't it? But that's the truth. The cost of safety investment is too high, and no miner is willing to invest as much, and they even feel that neither person dies each year with higher security investment, which is naturally a lesser option.

If you're dead, I'll pay for it. Besides, we don't need our miners to pay for it. Do employees have insurance?

The zero death of Polar Bear Mining Group has become a good story for the industry, has been rated as the most trusted company of employees on many occasions, the most desirable company of employees, etc.

But this did not attract the attention of the top mining companies like Bi and Bito, who felt that the polar bear mining group should be opposed to * * * * Barrick in the US, polar gold in the UK, and gold mining companies mainly in South Africa, the Congo, or gold mining companies in Huaxia.

After all, the most important minerals of the Polar Bear Mining Group are gold, energy and other metals are not ranked among them.

But this time, Bing and Bing Too were lost. They didn't expect Polar Bear Mining Group to actually see other minerals. The last time they contacted, they said they wanted to acquire Bing and Bing Too. After being rejected, they immediately turned to acquire Li Tuo Group.

Bi He Bituo's goal is the world's first mining group. In their view, Freshwater Valley is a competitor, Li Tuo Group is a competitor, and Hua Xia's side is engaged in resource integration, and may at any moment pour the power of the nation to create a mining giant unhealed group.

But now they have to admit that the companies that threatened them to become the world's first mining group emerged, not as rivals they thought they were, but as polar bear mining groups that they have not always attached much importance to.

If this enterprise is annexed to Li Tuo Group, it will be the world's first dream of Bituo, and it will be completely destroyed.

At this point, Bing and Bito made a choice, which is to stab this thing out, bring in more competitors, and at the same time lead to the obstruction of peers. Without peers willing to watch Polar Bear Mining Group become the industry boss, they can profit from it, and at least stir it up!

……