Chapter 1167 Mergers and acquisitions of oil giants

……

At this point, there was a moment of silence between the two. And after thinking about it for a while, Liu Dong looked serious. Seeing him like this, Guo Kai's heart suddenly rose. He knew that the next step was the point of the meeting.

"Mr. Guo, the main reason why I want to recall you urgently this time is to let you lead and participate in an acquisition!"

"Acquisition?" Guo Kai's tone trembled suddenly.

He had been looking forward to this day for a long time. According to his understanding, in the development process of brother companies, they have received large amounts of financial support from the chairman, and mergers and acquisitions are the most direct embodiment. On top of that, many times the acquired companies are still giants in the industry.

As the CEO of Pacific Petroleum Industries, Guo Kai is undoubtedly looking forward to this day.

"This is the information that we plan to acquire the company, you can take a look first!"

"Yes!"

After nodding, Guo Kai took the document handed over by Liu Dong with both hands, and when he opened the first page and saw the first few words, he stood up suddenly, his eyes widened in disbelief: "Unocal Company!"

"That's right, it's Unocal in the United States, and it's the target of our merger and acquisition!" Liu Dongdao.

And looking at the smile on his face, Guo Kai couldn't help but say in his heart: "Is this the legendary chairman's 'big hand'?

As a gold-collar talent who stepped into the oil industry after graduating with a master's degree in economics and management from the University of Oxford, Guo Kai once served as the senior vice president of Asia at Chevron Petroleum, the second largest oil company in the United States.

But after reaching the position of senior vice president, he did not get any promotion for five years. Looking at many colleagues who joined the company later than me but came later. Guo Kai understood. In the vast majority of Western multinationals. For Chinese elite talents like him, there is an invisible ceiling!

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 not only the long-term antagonism caused by the difference between Chinese and Western social systems. There is also a collection of factors such as white supremacy in modern times, and the contempt for people of color in Western society!

But whatever the reason is in the end. After losing the upward path, Guo Kai also had the determination to leave in his heart. So in the face of headhunting company excavation, he did not hesitate!

But from the senior gold leader of a second-tier oil group in the United States and one of the world's top ten oil companies to the CEO of the little-known Pacific Petroleum Industries, although it is voluntary, there are still some losses.

However, looking at the information in front of him at this moment, the loss that had been indelible in Guo Kai's heart disappeared in an instant. There was no deep disbelief and joy in his heart.

Dong ...... Chairman, are we really going to buy Unocal?" even Liu Dong has already said. Even the information in hand is not wrong, but Guo Kai is still a little incredulous.

Because he knew too well the Pacific Oil Industries Company he led. I also know too well the strength of the seventh-largest oil company in the United States.

Pacific Oil, with total assets of no more than $500 million, is at best a small shrimp in the international oil group, and Unocal, which has gone downhill and even declared bankruptcy, still has a market value of $11 billion!

The gap of dozens of times makes it seem so incredible that Pacific Oil, which was born, wants to annex the world's oil giants.

"Of course, I don't have that much energy, just to call you back from Pakistan just to make a pointless joke!"

Liu Dong's words fell, and after Guo Kai took a deep breath, the excited look on his face gradually calmed down, and the thoughts in his mind also revolved rapidly around the acquisition of Unocal Company.

"Chairman, it is not easy to acquire Unocal with our strength!"

Guo Kai's quick calmness made Liu Dong, who was in his eyes, secretly satisfied. Stable mental quality is a necessary ability for a successful person.

"If you're worried about money, you don't have to. I've raised $10 billion for this acquisition. In addition, there is a $5 billion loan from Standard Chartered Bank, which is enough money for us to buy Unocal at a premium!"

Liu Dong's words made Guo Kai excited, and at the same time, he also began to quickly consider the feasibility of this acquisition.

"Chairman, if you want to acquire an international oil giant like Unocal, I'm afraid the main thing is not a financial problem. It's an obstacle from the U.S. government!"

"Why?" Liu Dong had already thought of this question in his heart, but he was still willing to ask Guo Kai's opinion. Only by filling in the gaps can we make the plans and plans more perfect.

"Because we Pacific Petroleum are Chinese companies...... Unocal is an oil giant with nearly 2 billion tons of oil and gas reserves in the world. If this company is acquired by us, many hawkish U.S. government officials will suspect that these oil and gas resources will eventually fall into the hands of the Chinese government, supporting China's economic development while jeopardizing the U.S. strategic reserves of crude oil and natural gas. It is conceivable that once we present the acquisition to the CFACON, the obstacles from the government side will be all-encompassing. ”

"Therefore, I suggest that before the offer is issued, we should first hire a team of professional senior lawyers to deal with the government's criticism! In addition, finding the union representatives of Unocal, especially those employees who have lost their jobs due to the collapse of Unocal, and winning their support will be a very important weight in the process of our acquisition of Unocal!"

"Anything else?" asked Liu Dong with interest.

"For the time being, I can only think of these two items, and I will be able to come up with more accurate countermeasures after reading this information!"

"Well, that's good!"

Guo Kai's wit and steadiness made Liu Dong very satisfied.

"The specific method can only be thought of on the way you take the plane to the United States!" Liu Dong stood up, "My private jet has been parked at Quancheng Airport, let it take you to the United States this time, in the middle, 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 this time. When you arrive in the United States, when you encounter difficulties, someone will naturally help you! Also, you can take this phone number, and if you have any important matters, call me immediately through this phone number!"

As he spoke, Liu Dong took out a new mobile phone and handed it to Guo Kai.

"Yes, Chairman!"

After taking the mobile phone, Guo Kai, who understood the importance of the matter from Liu Dong's words, hurriedly stood up, "Then I'll go first, chairman!"

"Go, I'm waiting for your good news!"

"Definitely!"

Looking at Guo Kai's determined expression, Liu Dong nodded with satisfaction. The man at the helm of the Pacific Oil Industries did not disappoint him.

……

At the end of 2002, when the whole West was celebrating Christmas, the news that Pacific Petroleum Industries from Hong Kong had launched a takeover offer for Unocal was preemptively broken by the Washington Post and Newsweek.

However, most people completely lost interest in following the news after reading the newspaper and learning who the nobody of Hong Kong's Pacific Oil Company was.

In the eyes of the vast majority of people, this news is simply hype. There is a serious lack of authenticity, as the little-known Pacific Oil Company has not yet been listed, and more importantly, its total capital is less than $500 million.

This kind of enterprise wants to swallow up the seventh largest oil company in the United States, which is simply delusional!

However, Guo Kai, who represents the entire Pacific Petroleum Company's acquisition negotiation team, does not think this is speculation, especially when he sees that Unocal's shares are slowly transferred to him by capital giants such as Standard Chartered Bank, Dingsheng Fund, JPMorgan Chase, and First Citibank.

Guo Kai sincerely felt the powerful energy behind the young chairman, not everyone can ask JPMorgan Chase and First Citibank, the two American supergiants, to help!

That's not what surprised him the most, though.

When Pacific Petroleum Industries acquired more than 60% of Unocal shares and submitted an application for delisting and equity change to the US Securities and Exchange Commission, it did not receive any obstruction from the US government department, which made Guo Kai, who thinks he knows Western society very well, a little unbelievable.

"The chairman is really very human!" recalled 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, who sighed in his heart, straightened the suit on his body, and then said to the secretary next to him: "Immediately inform the major news media that we will hold a press conference in the conference room of Unocal Industrial Building in two hours, and it is to announce the merger of the two companies!"

"Yes, Mr. Guo!"

After the secretary left, Guo Kai looked around the former office of the president of Unocal, and looked at the magnificent and beautiful oil city of Dallas under his feet, and a strong pride rose from Guo Kai's heart to the top of his head. When he left Chevron as CEO of Pacific Oil Industries, he could never have had the opportunity to take control of a world oil giant so quickly.

"It's all like a dream, it's so unreal!"

Although he thought so, seeing everything around him, Guo Kai understood that all this was not a dream, but a real existence, and all this was realized thanks to the young and mysterious chairman.

Guo Kai really couldn't imagine what kind of magic the other party used, and he could actually allow Pacific Industries to annex Unocal Corporation, the ninth largest oil, gas and power giant in the United States and the seventh largest in reserves, without hindrance in less than two months. (To be continued.) )