Chapter 488: Fairbanks is in a hurry

Du Deliwei left in a hurry with a little excitement, in his opinion, the conditions proposed by Fang Mingyuan were not excessive, but they were based on the premise of grasping the initiative, and the reasonable benefits he asked. If Fang Mingyuan didn't mention any additional requirements, then he needed to think about whether Fang Mingyuan had other plans. The appearance of Prince Abdullah confirms that Fang Mingyuan is indeed capable of fulfilling his promise to solve the current oil gap of Fudy Petroleum Holdings. With 25 percent of the oil from the Calafar field and 300,000 barrels per day, Fudy Petroleum Holding can at least keep its refinery running.

Looking at the back of Dudleywi hurriedly taking his leave, Prince Abdullah asked in a low voice, "Fang, will he agree to transfer the Kausel Manor to you?" Now Prince Abdullah's mind is on this Kausel Manor, which is what he values the most. But in the negotiations with Dudleyway, the Causell Manor, only in Zuihou, was lightly mentioned by Fang Mingyuan.

"Definitely" Fang Mingyuan said confidently. Prince Abdullah's concern is purely out of concern, and now the Kausser manor has been destroyed by the Iraqis, and there is nothing worth looking at except that piece of land. And Fudy Petroleum Holding is now facing a takeover by a strong enemy, a ruined exotic estate, even if this is the Kuwaiti headquarters of Fudy Petroleum Holdings, can it be compared with the oil in the hands of Fang Mingyuan and Prince Abdullah, and now Fudy Petroleum Holding Company desperately needs? In Fang Mingyuan's opinion, I am afraid that Fudy Petroleum Holding Company will not regard it as a formal condition at all, which is also the main reason why Fang Mingyuan put it in Zuihou, as if he inadvertently remembered it, and mentioned it to Du Deliwei.

"That's good" Prince Abdullah breathed a sigh of relief, he had already calculated, as soon as the Kausel Manor arrived, he would immediately secretly survey the location of the spring, if it was really as Fang Mingyuan said, then this manor would be dedicated to the Emir of Kuwait, presumably the Emir would be overjoyed, and he would definitely not treat him badly. Maybe...... Maybe he will be able to officially enter the cabinet Thinking of this, Prince Abdullah only felt that his whole body was hot.

He is only in his thirties this year, if he can enter the cabinet, maybe ...... Perhaps in his lifetime, he will also be able to become the emir of Kuwait, a throne that he would never have thought of thinking about, and he will also sit on it one day

Fairbanks, who didn't get anything cheap in front of Fang Mingyuan, did not relax his attention to Dudleyway, because he knew what 25% of the oil in the Calafar oil field meant to Fudy Petroleum Holdings, and what it meant to BP's acquisition of Jihua. BP's acquisition of Fudy Petroleum Holdings was met with strong resistance from Fudy Petroleum Holdings.

The key to the success of BP's acquisition of Fudy Petroleum Holdings was the acquisition of a sufficient amount of equity. Naturally, Fudy Petroleum Holding Company understands this truth. In order to avoid being bought by BP, Fudy Petroleum Holdings has bought back shares in large quantities on the UK stock market. Once a large number of shares are bought back by the company, the result will inevitably be a decrease in the number of shares in circulation, assuming that the buyback does not affect the company's earnings, then the yield per share of the remaining shares will rise, so that the market price per share will also increase. In addition, Fudy Petroleum Holding made a higher bid than BP to acquire its shares, which caused BP to also have to raise its purchase price, so that BP's acquisition of Jihua needed more capital support, which made it more difficult to acquire Jihua.

Fortunately, BP has a lot of money, and it had expected that this situation might happen before the acquisition, so it was quite abundant in terms of capital preparation. Although this behavior of Fudy Petroleum Holding Company caused some trouble for BP's acquisition of Jihua, the acquisition of Jihua is still carried out without doubt.

As a last resort, Fudy Petroleum Holdings launched a "white knight" strategy. This strategy refers to the situation in which a friendly person or company of the listed company at the time of a hostile merger occurs as a third party to rescue the listed company and expel the hostile acquirer, resulting in a situation in which the third party and the hostile acquirer jointly compete for the equity of the listed company. Often, there will be a situation where the white knight and the acquirer take turns bidding, causing the purchase price to rise, until the acquirer is forced to abandon the acquisition. In this case, BP will either raise the purchase price, or simply abandon the acquisition.

But although they had a good idea, in the face of BP, this behemoth, unless it was a multinational oil group of its magnitude, several companies were willing to risk offending BP and intervene in the takeover and anti-takeover struggle between BP and Fudy Petroleum Holdings. Eventually, Fudy Petroleum Holdings, after contacting several companies but no one cared, had no choice but to abandon this strategy.

It's just that although Fudy Petroleum Holding is now at a disadvantage in this takeover and anti-takeover war, BP wants to swallow Fudy Petroleum Holding in one gulp, but it is not possible to do it in a short period of time. Fudy Petroleum Holdings, which was losing ground and was rejecting, resisted steadily, much to the annoyance of BP's top brassied.

Therefore, BP decided to jam the throat of Fudy Petroleum Holding Company from the source, cut off the oil source of Fudy Petroleum Holding Company, and if there is not enough oil imports, then Fudy Petroleum Holding Company's main refining industry will suffer losses, performance losses, and the market price of stocks will naturally fall, which is undoubtedly a reduction in difficulty and cost for British Petroleum to acquire Fudy Petroleum Holdings.

It was with this responsibility that Fairbanks traveled to the Middle East to snatch crude oil from Fudy Petroleum Holdings. With this golden sign of his BP representative in the Middle East, Fairbanks' previous visits were quite successful, and although the other party did not explicitly agree to BP's request, it can also be clearly seen that Fudy Petroleum Holdings' request for renewal is also procrastinating and dragging its feet. For BP, this is more than enough.

At that time, as long as the stock market hypes that Fudy Petroleum Holding Company is blocked from importing oil, it will be enough to cause the stock price of Fudy Petroleum Holding Company to plummet.

But Fairbanks didn't expect that he would be a Chinese boy here, and he would return in vain, and everyone would break up unhappily.

Of course, Fairbanks would not reflect on it, mainly because of his arrogant attitude, which made Fang Mingyuan feel disgusted as soon as he came into contact with him, and instead held a grudge against Fang Mingyuan.

"What?" Fairbanks knocked over the red wine on the table, but he couldn't care about it anymore, stood up, and said sharply, "Then Dudleywi was summoned to Prince Abdullah's villa again this morning, and he came out with a happy face?"

"Yes, and after Dudliwei returned to Fudy Petroleum Holdings' headquarters in Kuwait, he spoke to the UK for a long time, and I think maybe he got some promises. Fairbanks' deputy, Mihalo, said solemnly.

"That's the stupidest thing I've ever heard, doesn't that yellow-skinned monkey understand what he's doing, he's going against BP," Fairbanks slammed the table in anger, causing the plates on it to clange. "Stupid yellow-skinned monkey, is he crazy? For the sake of a Fudy oil holding, he dares to do it to BP, and I really wonder if my ears are hallucinating."

"I don't think it's your auditory hallucination," Mihalo said in a deep voice, "and two of our men saw him come out of Prince Abdullah's villa with joy on their faces. And we got the exact information from the Kuwaiti telecommunications department, that he was talking to the headquarters of Fudy Petroleum Holdings. We can only understand that his negotiations with the Oriental man should have made a certain breakthrough."

"Oh God, that stupid yellow-skinned monkey, he doesn't even understand what he's doing," Fairbanks growled. If Dudleyway succeeded in taking over the 25 percent of the oil in the Calafal field, Fudy Petroleum Holding would have been given a rare respite. Fairbanks is more worried about whether this outcome will trigger a ripple effect that will cause the already neutral Middle Eastern oil exporters to turn to Fudy Petroleum Holdings. Especially in Kuwait, Prince Abdullah's rise in the status of the Kuwaiti royal family has risen dramatically, and he is also aware of it.

Moreover, in the British domestic oil industry, and even in the Shijie oil industry, there is no objection to BP's acquisition of Fudy Petroleum Holdings. At least Fairbanks knew that the Americans probably didn't like the outcome. ExxonMobil and Chevron are already closely monitoring the situation. No one can guarantee that when it comes to the critical moment, they will not suddenly jump out and insert a leg

This is the so-called dominoes, and it only takes a major mistake in one link to cause an irresistible chain reaction

If this is the case that caused BP's takeover of Fudy Petroleum Holdings to fail, then Fairbanks is to blame.

"Miharo, you immediately contact the headquarters and report this unexpected situation to the headquarters, saying that I need special authorization to ensure that the oil from the Calafar oil field does not fall into the hands of Fudy Petroleum Holdings. I hope to be in... Previously, it was possible to get concrete results from headquarters. Also, you can contact Prince Abdullah's butler, and if you can, I hope to visit Prince Abdullah and the yellow-skinned monkey again in the evening."