Chapter 1167: Merger and Acquisition of Oil Giants
…
At this point, there was a moment of silence between the two of them. After thinking about it for a while, Liu Dong looked serious. Seeing him like this, Guo Kai's heart suddenly lifted. He knew the next thing,
This is the point of this meeting.
"Mr. Guo, the reason why I want to recall you urgently this time is mainly because I want you to lead and participate in an acquisition!"
"Acquisition?" Guo Kai's tone suddenly trembled.
He has been looking forward to this day for a long time. According to his understanding, the development process of brother companies has been supported by large sums of funds from the chairman, and mergers and acquisitions are the most direct manifestation. The most important thing is that many times, mergers and acquisitions
The company is still a giant in the industry.
As the eo of Pacific Petroleum Industries, Guo Kai is undoubtedly looking forward to this day.
"This is the information about the company we plan to acquire. Please take a look at it first!"
"yes!"
After nodding, Guo Kai took the document handed over by Liu Dong with both hands. When he opened the first page and saw the first few words, he stood up suddenly, his eyes widening in disbelief.
Said: "Unocal Company!"
"That's right, it's the American company Unocal, which is the target of our merger and acquisition this time!" Liu Dong said.
Looking at the smile on his face, Guo Kai couldn't help but wonder in his heart: "Is this the legendary 'big deal' of the chairman? It is indeed too big!"
As a talented person who entered the oil industry after graduating with a master's degree in economics and management from Oxford University, Guo Kai once served as the senior vice president of Asia for Chevron Petroleum Company, the second largest oil company in the United States.
However, after he reached the position of senior vice president with outstanding ability, he did not get any promotion opportunities within five years. Looking at many colleagues who joined the company later than him but came up from behind, Guo Kai understood that in most Western countries,
In multinational companies, there is an invisible ceiling for elite talents like him who have studied abroad in China!
The existence of this ceiling makes it impossible for Chinese business elites, including Guo Kai, to enter the real core leadership of major multinational groups!
The reason for this is, in addition to the long-term confrontation caused by the differences in social systems between China and the West. There is also a collection of factors such as white supremacy in modern times and Western society's contempt for people of color!
But no matter what the reason was in the end. After losing his upward path, Guo Kai also had the determination to leave. So when faced with the headhunting company's excavation, he did not hesitate!
However, from being a senior financial officer of a petroleum group, the second largest in the United States and one of the top ten in the world, to becoming the CEO of the little-known Pacific Petroleum Industries Company, although it was done voluntarily, there was still some disappointment.
However, looking at the information in front of him at this moment, the indelible loss that had been lingering in Guo Kai's heart disappeared in an instant. There was no deep disbelief and happiness filling his heart.
"Director... Chairman, do we really want to acquire Unocal?" Even though Liu Dong had already said it and even the information in his hand was correct, Guo Kai was still a little unbelievable.
Because he knows too well the Pacific Petroleum Industries Company he leads and the strength of the seventh largest oil company in the United States.
Pacific Petroleum, whose total assets do not exceed US$500 million, is at best a small shrimp among international oil groups, while Unocal, which has declined and even declared bankruptcy, still has a market value of US$11 billion!
The gap of dozens of times makes it seem so incredible that Pacific Petroleum, which was born in China, wants to annex the world's oil giants.
"Of course, I don't have that much energy. I called you back from Pakistan just to make a meaningless joke!"
After Liu Dong finished speaking, Guo Kai took a deep breath, and the excited expression on his face gradually calmed down, while the thoughts in his mind began to revolve rapidly around the acquisition of Unocal.
"Chairman, with our strength, it is not easy to acquire Unocal!"
Liu Dong was secretly satisfied with Guo Kai's quickness and calmness. Stable psychological quality is an essential ability for a successful person.
"If you are worried about funds, you don't have to. For this acquisition, I have raised 10 billion US dollars. In addition, there is a loan of 5 billion US dollars from Standard Chartered Bank. This money is enough for us to acquire Unocal at a premium!"
While Liu Dong's words excited Guo Kai, he also quickly began to consider the feasibility of this acquisition.
"Chairman, if you want to acquire an international oil giant like Unocal, I'm afraid the most important thing is not the funding problem. It's the obstruction of the US government!"
"Why?" Liu Dong had already thought of this question in his mind, but he was still willing to ask Guo Kai's opinion. Only by checking and filling in the gaps can the plans and plans be more perfect.
"Because our Pacific Oil Company is a Chinese company! ... and Unocal is an oil giant with nearly 2 billion tons of oil and gas reserves around the world. If this company is acquired by us, then many hawkish US government officials will think
It is suspected that these oil and gas resources will eventually fall into the hands of the Chinese government. While supporting China's economic development, it will also endanger the strategic reserves of crude oil and natural gas in the United States. It is conceivable that once we propose an acquisition to the Committee on Foreign Investment in the United States, we will encounter
The obstacles from the government will be comprehensive."
"So, I suggest! Before issuing the acquisition invitation, we should first hire a professional team of senior lawyers to deal with the government's censure! In addition, find the union representatives of Unocal, especially those who lost their jobs due to the collapse of Unocal.
Employees and winning their support will be a very important weight in our acquisition of Unocal!"
"Is there anything else?" Liu Dong asked with interest.
"I can only think of these two for now. More specifically, I have to read this information before I can come up with a more accurate response method!"
"Ah, very good!"
Liu Dong was very satisfied with Guo Kai's wit and stability.
"The specific method can only be thought of when you are on the way to the United States by plane!" As he said, Liu Dong stood up, "My private plane has been parked at Quancheng Airport, and I will let it take you to the United States this time.
In the meantime, any room on the plane can be used for you to rest!”
"In addition, I have already made some arrangements for the acquisition of Unocal. When you come to the United States, if you encounter difficulties, someone will naturally help you! Also, please take this phone number. Is there anything important?
, call me on this number immediately!”
With that said, Liu Dong took out a new mobile phone and handed it to Guo Kai.
"Yes, Chairman!"
After taking the phone, Guo Kai, who understood the importance of the matter from Liu Dong's words, stood up quickly, "Then I'll leave first, Chairman!"
"Go ahead, I'm waiting for your good news!"
"must!"
Seeing Guo Kai's determined look, Liu Dong nodded with satisfaction. The leader of Pacific Petroleum Industries Company finally did not disappoint him.
…
At the end of 2002, when the entire West was celebrating Christmas, the news that Pacific Petroleum Industries from Hong Kong had launched an acquisition invitation to Unocal was first broken by the Washington Post and Newsweek.
However, after most people read this newspaper and learned who the unknown Pacific Oil Company of Hong Kong was, they completely lost interest in paying attention to this news.
In the eyes of most people, this news is simply hype. It seriously lacks authenticity because this little-known Pacific Petroleum Company has not yet been listed, and more importantly, its total capital is less than US$500 million.
This kind of company's desire to annex the seventh largest oil company in the United States is simply a delusion!
However, Guo Kai, who represents the entire Pacific Petroleum Company acquisition negotiation team, does not think this is hype, especially after seeing Unocal's shares being slowly transferred to him by capital giants such as Standard Chartered Bank, Dingsheng Fund, JP Morgan Chase, and First Citibank.
when in hand.
Guo Kai sincerely felt the powerful energy behind the young chairman. Not everyone could ask JPMorgan Chase and First Citibank, the two American super giants, to help!
However, this was not what surprised him the most.
When Pacific Petroleum Industries acquired more than 60% of the shares of Unocal and submitted delisting and equity change applications to the U.S. Securities and Exchange Commission, it did not receive any obstruction from the U.S. government departments. This makes people think they know Western society very well.
Guo Kai is simply unbelievable.
"The Chairman is indeed a very nice person!" Recalling the confident smile on Liu Dong's face when he left, Guo Kai seemed to understand something for a moment.
Thinking of this, Guo Kai sighed inwardly, straightened his suit, and then said to the secretary next to him: "Notify all major news media immediately that we will hold a press reception in the conference room of Unocal Industrial Building in two hours.
Yes, and it is precisely to announce the merger of the two companies!”
"Yes, Mr. Guo!"
After the secretary left, Guo Kai looked around the office of the former Unocal president and looked at the majestic and beautiful oil city of Dallas below. A strong sense of pride rose from Guo Kai's heart. When he left Chevron to serve as Pacific Ocean
When he was the CEO of an oil industry company, he would never have known that he would have the opportunity to control a world oil giant so quickly.
"It's all like a dream, it's so unreal!"
Although he thought so, when he saw everything around him, Guo Kai understood that all this was not a dream, but a real existence, and the realization of all this was due to the young and mysterious chairman.
Guo Kai really couldn't imagine what kind of magic the other party used to allow Pacific Industries to annex the ninth-largest oil in the United States and the seventh-largest oil reserves in less than two months.
Natural gas and electric power giant Unocal. (To be continued.)