These chaotic international situations were not clear or interested in. Earl Kanafon could not see clearly or was interested in it. His wish was to merge South Africa into a unified country and join the Commonwealth.

If he could replicate his success in Canada, he might have won the title of Marquis because of this, so his attention was all in South Africa and he was very interested in other issues.

Li Fushou is not

As the owner of Red Fort, if he wants to open up a smooth road for millions of overseas Chinese, he must always pay attention to the international turmoil and work hard to find that glimmer of opportunity, open peace for future generations, seek welfare for the people, and find a path in the cracks for family inheritance.

The British-British War was a rare opportunity. Taking advantage of London's time to take care of both, Queensland could take advantage of the situation to unify the south, establish a unified country dominated by Chinese, and embark on a path that no one has ever taken before.

Therefore, if the Second British-British War could break out early, Li Fushou wouldn't mind pushing it.

But I still thank Bumin, who participated in it personally.

The private talks with Count Karnavin did not achieve substantial results, and the two sides agreed to continue to cooperate closely in Canada and South Africa, but given the strength of the Boer government, it is difficult to achieve further development in the core mineral fields.

Li Fushou didn't care. This was originally a matter of killing two shots with dates or not.

The British in Pretoria were so envious that they were red with their eyes on the rich gold and diamond resources in the territories of the two Boer Republics. Sooner or later, this battle would start, and he had the patience to wait.

The two discussed the opening of branches in Johannesburg and Kimberley by Huitong Bank South Africa Branch (located in Pretoria). Earl Karnavin said it was extremely difficult because the local Boer government was not only hostile to excluding Queenslanders, but also to excluding British capital, believing that both were birds of bad intentions.

However, Earl Kanafon proposed a feasible plan;

He happened to have a Boer bank called the National Bank of Swaziland, which was originally a small private bank in the northernmost South Africa bordering Mozambique. It has government permission to operate the financial industry in two autonomous republics of Transvaal and Orange. It is a ready-made white glove.

Boer banks are not uncommon. Many wealthy Boer gold miners and diamond miners are interested in getting involved in this industry, but because they do not have relevant financial industry experience, most of them are very small in scale and are in the early stage of development.

The Boers are obviously not good at operating in the financial field, and they have vained the name of private banks. In fact, they are just a mixture of money houses and pawn shops. Moreover, the water of banks is much deeper than they imagined. They need a complete set of rigorous systems to prevent financial risks and the greed in the hearts of employees. This is not something a group of Boers nouveau riche can play with.

"Believe my dear Lee, we can let Huitong Bank Pretoria Branch come forward and secretly acquire Swaziland National Bank with it as the main body, and then set up branches in the name of Swaziland National Bank in the two Boer republics in the north to carry out financial business. The Boer authorities have no reason to obstruct them anymore. This is a wonderful idea."

"It does sound very attractive. Is the chairman of this bank still owned by the Boers?"

"Yes, he is just a puppet on the surface. He has a small amount of equity. Please rest assured... I have sufficient means to make him obedient. This is not a problem. I can swear in the name of the Earl Canafen family and bear all the consequences that arise. Of course, this article can be written in the merger and acquisition contract."

"Of course I believe your promise, the noble Earl Kanafon, since there are ready-made channels to use, then... why not?" Li Fushou roughly agreed to this arrangement, picked up the champagne glass on the table and took a sip, ready to end the topic.

Earl Kanafon obviously wanted to have a deeper talk, so Zhan Yan smiled and said, "His Honorable Earl of Queensland, such cooperation is beneficial to both of us. If possible, I want to determine the equity ratio of both parties after the merger and acquisition, which will help promote the layout of bank branches as soon as possible. I am very looking forward to this."

"Uh...yes." Li Fushou was obviously stunned for a moment, then understood what the other party meant, and nodded in agreement after just a moment of consideration.

There is a set of established procedures for bank mergers and acquisitions, which are nothing more than the two parties' clearance of assets, clarifying their liabilities, and reaching an agreement on the relevant premium or discount, implementing their respective demands for the bank after the merger and acquisition in the negotiations, and finally starting the equity ratio distribution procedure.

Now Earl Kanafon asks to talk about the equity ratio first, and the meaning of wanting benefits is very obvious. The so-called National Bank of Swaziland probably has no assets, and even if there are several business stores, it is not worth much money. The process of inventory and asset verification can be directly omitted.

"Oh, please forgive me for not considering this issue in advance. So... what proportion do you expect to account for in the bank after the joint venture?" Li Fushou asked directly.

He had not bargained directly with others for many years, and Count Kanafeng's proposal rekindled Li Fushou's interest.

Huitong Bank Pretoria Branch is a separate business entity. Huitong Bank owns 82.63% of its shares and controls the bank through its controlling stake. Its main business scope is Pretoria and nearby British towns. It also obtains profits by participating in several small and medium-sized gold mines. The profit in a year is about 50,000 to 60,000 pounds.

Such a small size is not worthy of Li Fushou's attention. He even rarely cares about Huitong Bank, which makes millions of pounds a year, not to mention a mere South African branch.

However, the South African branch has obviously the greatest development potential, because the entire South African region produces gold mines worth tens of millions of pounds a year, and most of them are within the territory of two Boer republics. The development prospects of being able to conduct business in this area are enough to be expected.

In comparison

The Seoul branch located in Mozambique has much lower development potential. The annual output of no more than 100,000 ounces of gold mines in the Zambezi River Basin determines that its development ceiling is so high. As for the vigorous development of agriculture and animal husbandry in the Malawi region, cough cough... Is it better to talk about something else?

Earl Kanafon is obviously aware of the huge benefits. He himself holds an 8.5% stake in the South African branch, but he hopes to get more.

What Li Fushou said in his mouth, "How much do you expect to get?" is meaningful and is by no means a casual word.

After careful consideration, Earl Kanafon replied cautiously, "Considering the convenience I have made for banks in South Africa and the potential huge value of the National Bank of Swaziland, I think 26% is a suitable ratio, of course... it can also be reduced, for example 22%..."

"No, 26% is a good ratio, I think it's OK." Li Fushou waved his hand very proudly and made a decision.

Anyone with a discerning eye can see that it is possible to get a share of the gold-rushing feast worth tens of millions of pounds. The South African branch's money prospect is unlimited, and it is really a charming sight.

Li Fushou is not a qualified big capitalist. He does not value a little money, but uses his great influence to tie up the Count Kanafon, who is of great influence in Pretoria, and closely ties up the South African rulers. In this way, no matter how the situation develops, Queensland will be the final winner.

He thought it was worth it to buy an admission certificate with 17.5% of the equity.

The generosity of the Earl of Queensland made a hint of excitement appear on Earl Kanafon's face, and he said with a grateful tone; "Lee, I finally know why Queensland has developed so strongly. Your generosity and irresistible personality charm have infected me, it is more precious than gold.

Please rest assured that I will complete the secret merger and acquisition transaction as fast as possible, and mobilize the power of local British merchants in Johannesburg and Kimberley to strive for as much business as possible for National Bank of Swaziland.

Not to be hiding your utmost

Although the Boers are strongly excluded and suppressed, the British businessmen are still outstanding in their strength and can occupy one-third of the annual gold mine transactions. We can gain a considerable portion of the market. I am very confident.

Your efforts will be rewarded with great rewards, which is a solemn promise from Count Kanafon.”

"His Count Kanafon, I am full of expectations for this. It is gratifying that our close relationship has further. It will not take long for Mozambique to have the ability to transport a large amount of dried fruits and agricultural and animal husbandry products to Pretoria, which will be a trade that is beneficial to both sides."

"Your people can contact my subordinates directly, I think this is just a trivial matter."

“Hahaha… OK.”

The two sides looked at each other and laughed, and the atmosphere seemed extremely harmonious.

Mozambique's rich cashews look inconspicuous at first glance and need to be cultivated by the market. By cultivating people's consumption habits year after year, the market will gradually expand, and like and get used to eating cashews. This is a long-term process that will benefit future generations for countless years.

British people in South Africa are used to eating delicious foods such as cashews. When they return to the UK, they will still bring this habit back and subtly influence the people around them.

Li Fushou firmly believes that cashew nut products will one day exceed the gold mines produced in South Africa. This is determined by the product strength of Mozambique cashew nuts. The original cashew nuts, five-spice cashew nuts or salt-peppered cashew nuts fried by Chinese immigrants are very delicious. After eating them, they have a full taste and are very suitable for sharing during afternoon tea.

After the two sides agreed

Earl Kanafon and his party did not stay in Seoul City for long, and set off for Pretoria, South Africa a week later.

After staying in South Africa for a long time, the beautiful scenery of Mozambique has no at all attractive to him. He can't wait to push the National Bank of Swaziland to do something. It's all golden money!

Especially in the concentrated gold mining areas of Johannesburg, banks not only undertake storage, exchange and lending businesses, but also acquire Sands and gold ore, which is the most profitable business.

As we all know

Gold ore is mixed in hard rocks and has different grades. It is difficult to refine it into high-purity gold. Most small and medium-sized gold ores do not have this ability. Even if they use their own equipment to refine it, the loss is high and it is difficult to refine it completely, which provides the possibility for gold ore trading.

The strong large and medium-sized gold mines and banks have participated in this transaction. National Bank of Swaziland is just qualified to enter. Now with Huitong Bank's complete system and rich human resources support, we will definitely be able to grab a large piece of fat meat surrounded by wolves.

Moreover, banks generally carry out gold mine sand exchange business for scattered customers. No matter who can produce sand of different purity, they can exchange it for equivalent pounds from the bank.

As for whether the value is equal, it is up to the bank to decide.

It is already very conscientious to be able to evaluate 50 pounds of Jinsha, a worth of £100. After all, the bank is not a Shantang, so it is very dark to start with it.
Chapter completed!