Rebirth of England.

Chapter 776 Do some work

Chapter 776 Do Some Work

Previously, Barron acquired a 10% stake in Pfizer through several funds including IC Capital and DS Group.

Earlier this month, Baron increased his stake again, increasing his total stake in Pfizer to 120% by investing $20 billion through the British Fortune (BFT) Fund and the Global Industrial Investment (GII) Fund.

At this point, he had in fact become one of the largest shareholders of this pharmaceutical giant, but on the surface, his holdings were scattered among more than six funds or investment companies...

It's not just Pfizer. Barron had already told Daisy that with the Federal Reserve's second round of quantitative easing (QE2), it would inevitably stimulate the U.S. economic recovery, which is already a little weak.

At the same time, more funds will be injected into the market, and the consequence of this "flooding" will also cause the depreciation of the US dollar - of course not just the US dollar, because the Federal Reserve's monetary policy not only affects the US dollar, but also has an impact on other countries.

If the U.S. dollar starts to depreciate, then in order to ensure exports and other economic situations, other countries will also launch similar quantitative easing policies accordingly. As a result, the era of global money printing will come, and the currencies of various countries will depreciate accordingly.

Under such circumstances, it is naturally inappropriate to still keep cash in hand, which will only cause your wealth to depreciate passively.

So Barron had already formulated an acquisition plan before this. Not only would the funds held by his various investment companies be invested in the acquisition of high-quality assets, but he would even take out loans and add some leverage to make these acquisitions.

So many people, including Robert Kennedy Jr., could see that the investment companies and funds owned by Barron had started acquisitions in the American market - not only the American market, but also the European, Asian and Australian markets were choosing high-quality assets for acquisitions, but relatively speaking, the American market capacity was larger and could accommodate more funds.

The United States also welcomes this.

After all, the Federal Reserve is under pressure from all sides and has started a new round of quantitative easing policy because the recovery of the US economy after the crisis has shown a weakening trend in the first half of this year.

Due to the impact of the subprime mortgage crisis, some funds chose to flee the American market, including not only some funds from the Middle East, but also many Wall Street funds - shorting the Japanese, Korean and European markets. On the surface, it seems that some funds were withdrawn from the United States to these places...

Now that Barron is willing to invest a considerable portion of his funds into the American market, it will naturally make these markets more active, which is also what the American side wants to see.

Of course, it's not just Barron's funds. As the harvest of Japan, South Korea and Europe is completed at this stage, funds from other Wall Street capitals will also begin to flow back.

Coupled with the funds released by the Federal Reserve, it is believed that the economic recovery of the US market will soon be accelerated, including the stock market, real estate and other markets, which will usher in a small wave of increases again...

"I'd like to get some of the Public Investment Fund money, Mr. Kennedy."

"At least in Massachusetts, we have tried our best to secure a lot of funds for you..."

Indeed, when the Mars Fund was still relatively small, some of the funds came from some mutual funds in Massachusetts and funds from Boston consortiums. These funds were all obtained for Barron through the relationship of the Kennedy family...

"And I've brought them a good return, haven't I?"

Barron said calmly:
"But the scale of those funds is still not that large. You know, BlackRock Group has obtained more financial support, and our Standard Chartered-Merrill Lynch Group's ability in fund management is not inferior to theirs..."

"It's not surprising, Barron, BlackRock Group... has received support from some powerful people. Of course, I will help you get some support, but... I can only say that I will try my best."...

"The good news is that we have acquired 25% of the shares of Chilean Chemical and Mining Company (SQM) owned by PotashCorp. Together with what we have acquired from other small shareholders, West African Mining Group now holds approximately 30% of the shares of SQM, becoming the largest single shareholder of the company..."

Andrew Cole, CEO of West African Mining Group, told Barron’s on the phone:
"It allows us to have three directors on the board of this company and to exert some influence on it ... but that's it."

“Can’t we continue to increase our stake in SQM?”

"A senior Chilean official told me privately that they welcome our normal investment, but for the safety of their lithium mining industry, if our shareholding reaches the 'danger line', they will consider renewing SQM Group's lithium mining rights in the Atacama Salt Lake area, or even increase the bidding for lithium mining rights in this area."

Currently, SQM owns the main lithium mining rights in the Atacama Salt Lake area. This area is the richest lithium reserve area in South America's "Lithium Triangle".

However, SQM's lithium mining rights here are currently signed until 2030. Therefore, if the other party's statement is true, the board of directors of SQM will naturally resist the West African Mining Group from acquiring more shares of the company.

"F**K, maybe do some work in some other way?"

"what do you mean?"

"Bribery, or even creating chaos... It seems that Chile is not that stable. No matter what, I just want to take control of SQM!"

The conversation between Barron and Andrew Cole was conducted via an encrypted satellite phone, so he did not have too many reservations when speaking.

"Uh... Your Highness, in fact, what you said, the Americans have done here, and even more..."

"Try more, Andrew. I want results."

In South America, which is already in chaos, Barron actually does not have too many concerns. After all, if necessary, with his power, he can even help the other party complete a coup.

Of course, because this is in America's backyard, it is impossible for us to do things in a rough manner like many countries do in Africa.

Lithium mines are very important to Barron's future plans. If he can gain control of SQM through legitimate means, he would certainly be happy to do so.

But if that's difficult, Barron doesn't mind using a more brutal approach.

As he said to Andrew Cole - it's not like Americans haven't done that before...

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like