Xu Luo, who newly joined the company, takes the lead in this business, because such a large business cannot be settled in a few words.

It's not something he can do alone. Not only does Jerome and others assist him, but he also has to make detailed plans.

First there must be a shell company.

Roberts and Lesser are handling the matter.

If this shell is a clean shell, it cannot provoke the US legal department.

Jerome and Michaelson went to raise 30% of the funds.

That’s 3.3 billion U.S. dollars.

This money was used to suppress Continental Petroleum's stocks and take advantage of the opportunity to raise funds.

Such a large number does seem huge, but what the United States does not lack most is various types of capitalists.

Commercial banks, insurance companies, pension funds or limited liability partnerships that specialize in venture capital investment and leveraged buyouts, grab a lot of them.

They have experience in seeking loans from commercial banks for leveraged mergers and acquisitions before, so they are not at a loss, but this is the first time they have used such a huge amount of funds.

The key point is how to make these partners believe that they can get returns and be willing to lend them money.

It's the same as going to meet an investor and trying to find a way to get them to invest in you.

But whether they use junk bonds or private equity to fund corporate mergers, bankers don't need to make loans based on how much assets the borrower has.

Instead, it depends on how much property the merged object owns, and the assets of the merged object are used as a guarantee for the merger to repay the funds in the future.

Xu Luo and Henry went to see Milken, because the remaining funds had to be raised from junk bonds, otherwise they would not be able to last long just by depressing the stock price with billions of dollars.

After the plan was formulated, the six-person group met again to discuss.

Jerome spoke first: "Now we are going to do such a large business. Frankly speaking, this is the largest business I have ever handled. Although I don't know whether it will be successful or not, just leveraging this company with a market value of 11 billion,

It’s worth the risk.”

If it succeeds, KKR's reputation will be resounding throughout Wall Street, which will impress people, and more customers will come to its door.

It doesn't matter if they fail, at least it proves that they have the courage to do what others can't do, and dare to do what others dare not do...

Henry smiled and said: "If others knew that we wanted to acquire Continental Petroleum Company without losing anything, they would definitely think that we are crazy."

This is true, because KKR has nothing now, and even the money to buy stocks was borrowed.

It is not an exaggeration to say that an egg hits a rock.

Michaelson spread his hands, "Although this is indeed a crazy plan, I agree with what Jerome said. Whether it is raising the 3.3 billion funds or the remaining funds, we have proven that we have the ability to raise

Funds."

"I think the crazy thing is Mac. If we succeed, the whole Wall Street will be shocked."

Leiser patted Xu Luo on the shoulder, "Man, I thought we were crazy enough, but I didn't expect you to be crazier than us."

Xu Luo glanced at the other five people and said, "Guys, this is our first partnership, and I believe it won't be the last, so let me say a few points."

Everyone looked at him.

"As for the initial fund raising, I don't know how much money can be raised, but I hope everyone can go all out. The stock price of Continental Petroleum is currently hovering at 50 US dollars."

"As long as we have the ability to more than double the share price of Continental Petroleum, and then find a white knight to sell the stocks in our hands at any time, we will be considered victorious."

Xu Luo stood up and stood in front of the company's whiteboard and wrote a few names on it, "The reason why I am confident that the stock price will more than double is because we have several potential opponents."

He wrote the names of several current oil giants on the whiteboard.

They are oil giants such as Gulf Oil, Mesa Oil, Dome Oil, and Mobil Oil.

He circled these names with a pen and continued: "What we have to do is to raise 3 billion in funds within a month, suppress the stock price during the fundraising stage, and absorb a large number of shares."

"Then initiate acquisitions and find ways to arouse the desire of these companies. I believe these oil giants also want to acquire and develop."

"However, antitrust laws will eventually restrict their entry, so the only thing they can do is to raise the stock price."

Xu Luo then wrote down the names of chemical giants, including DuPont, Dow, Eastman Chemical Company, Celanese, etc.

"These companies are the white knights we are looking for. In view of the relationship between the DuPont consortium and the Morgan consortium, I think DuPont will eventually become the most anticipated white knight for Continental Petroleum."

"We must find a way to buy no less than 30% of the shares, so that we can make money."

"In the end, whether Continental Petroleum buys back its own shares or we sell our shares to a white knight, we can make a huge profit."

"Time is particularly critical, otherwise this company will just fall into our hands. After all, our purpose is not to run this company, and investors must also want to get returns in a very short time."

"Do you have any questions?" Xu Luo looked at everyone present.

Jerome pondered for a moment, "Will the Morgan consortium take action?"

"I don't think so." Xu Luo analyzed, "Once the Morgan consortium comes to help, it means that they will buy more than a proportion of the shares, which will violate the law."

"OK, the layout is clear now, let's start taking action." Jerome stood up, "We will raise funds and try to get so many investors within a month."

He looked at Xu Luo and Henry, "I also hope you can succeed."

The plan is deployed and everyone is busy.

As soon as Xu Luo and Henry came out of the office, Henry asked curiously: "Mac, I heard that you are from Hong Kong. Do you operate so boldly in the Hong Kong stock market?"

"There is very little money that can be raised in Hong Kong, so I only work in small quantities in Hong Kong." Xu Luo said with a smile, "Wall Street is the adventure playground for financiers. If you don't be bold, how can you be called an adventurer?

”

Henry shrugged, "It seems that my adventurous spirit is not enough. At least we have not planned a hostile takeover before."

"If this acquisition is successful, we will give each of us US$100 million." Xu Luo looked at him seriously, "At the same time, it will also bring huge returns to our investors. Do you think KKR will remain unknown?

”

Youdao means how bold a person is and how productive the land is.

Hostile takeovers are not uncommon in the United States, but there has never been such a big takeover before.

Regardless of whether it is successful or not, it is not an exaggeration to say that it is famous on Wall Street.

Standing downstairs in the company, Henry took a deep breath and said, "Man, do you smell something?"

"What?" Xu Luo asked curiously.

"The smell of money!" Henry opened his arms with a look of intoxication on his face, "It's really intoxicating."

Xu Luo couldn't help but feel happy, "I didn't smell money, I just smelled decay."

"People's pessimism is indeed incompatible." Henry spread his hands and said, "Let's go see that guy Milken. We have cooperated before. He will definitely be happy with such a big business."

……

When Xu Luo went to meet Milken, Teresa Teng, who was far away in Los Angeles, suddenly received a call.

"Hello, Teresa." Brigitte Lin's voice came from the phone. She hesitated and said: "I, I want to find Xu Luo."
Chapter completed!