Chapter 105: They're Dying
"Well, none of the news is true?" Tang Bao was very surprised by this answer, he knew very well that some news reporters would add some news materials in order to grab the headlines, but there was also a certain factual basis. It's disgusting to just fabricate the news.
Of course.
Tang Bao was also very disappointed with such a result, he would rather the news in the newspaper be true! BP is one of the future oil and energy giants, and buying its shares will give you an absolute guarantee of long-term returns.
"Well, it's all fake news. But the news is not without its waves...... Just a few days ago, I received a call from two people, one was a senior executive at Salomon Brothers, Garrett Brown. Landris, the other is the chairman of the board of directors of BP Oil. Walter. I think it may be that a reporter got the news from some source, and then spread the word and it became like this. Horst reluctantly explained that the slightest clue for journalists can make a big report, and they don't care whether the news is true or not, they only care about whether they can catch the reader's eye and whether they can make the newspaper a big hit.
No wonder.
Hearing Horst's explanation, he finally understood why there was so much news. However, he was more interested in the purpose of Garrit and Peter's call to Horst. Before he took charge of Phoenix Investment Group, Horst was only a fund manager of a small investment company, and it seemed impossible to know the executives of Salomon Brothers and the chairman of the British oil company BP.
"You know them well?"
Horst shook his head very calmly, "It's not familiar, I just met Garrett at a business party. Well, as for Mr. Peter of the British BP oil company, I don't know him at all, I have only seen him in the newspapers. ”
"They called, and it was actually related to BP's situation."
“……”
Tang Bao nodded silently in agreement, and Peter didn't need to say more. Chairman of the Board of Directors of BP Petroleum in the UK; Garrit is an executive at Salomon Brothers, which also happens to be one of the lead underwriters of BP oil in the United States.
Both of them have a strong connection with BP, so calling Horst may also have something to do with BP.
Garritt's purpose was to get Phoenix Investment Group to help him buy BP shares. However, his entrustment is a little different from the ordinary stock purchase agreement, he will not take over the acquired shares soon, but hopes to set up a special fund under the Phoenix Investment Group, and all the shares of British Petroleum will be transferred to this fund. Horst recounted the process in detail.
Hear out.
Tang Bao's brows furrowed slightly, "How did you respond?" ”
I simply refused. Although Garrit stressed that it was his private investment, as far as I know, he simply didn't have that much money. Most importantly. There are rumors on Wall Street that Garrett has some sort of close relationship with the Kuwait Investment Authority, and perhaps he is a secret investment advisor to the Kuwait Investment Authority. ”
Right now.
Everyone on Wall Street knows that BP is resisting the Kuwait Investment Authority's massive increase in BP's shares, and even Peter of BP, the chairman of the board of directors, jumped out and bluntly said that the Kuwait Investment Authority is an undesirable investor.
BP has already sent a clear signal that it does not want the Kuwait Investment Authority to continue to increase its stakes.
In this situation, the Kuwait Investment Authority is trying to use some hidden investment channels. It's not surprising to avoid the attention of BP.
But Horst felt that the Kuwait Investment Authority's approach was unwise, that it should take what it saw and that excessive greed could eventually lead to nothing being gained. The Kuwait Investment Authority has been targeted by BP and the British government. It's hard to escape surveillance.
At this time.
Whoever is involved with the Kuwait Investment Authority will probably be blacklisted by the British government. He didn't want Phoenix Investment Group to get into this kind of trouble!
"Boss, the Kuwait Investment Authority is a big problem at the moment, and I even suspect that the Kuwait Investment Authority has been monitored by British agents."
"Surveillance?"
Tang Bao had a look of surprise on his face.
"Yes. I remember Garrit calling me at around eight o'clock in the morning. Peter, the chairman of BP's board of directors, called in the afternoon and explicitly warned Phoenix not to help or participate in the Kuwait Investment Authority's plans for BP. ”
After a little relief, Horst said: "Phoenix Investment Group has hardly set foot in the British market before. It is impossible to be monitored by them, so Peter would have given me a clear warning so quickly, and there is only one explanation - Garrit was monitored, and it is even possible that the team of the Kuwait Investment Authority involved in the acquisition of BP shares was monitored. ”
"Peter's phone call was a warning and without the slightest respect, and I think he must have known what Garrit had passed with me."
Tang Bao nodded understandingly, he only remembered that the Kuwait Investment Authority had been interviewed by the British government after it continued to increase its holdings of BP shares.
But he would never have imagined that the course of events would be so tortuous.
Monitor......
It is conceivable that in order to protect BP oil company, the British government can be described as painstaking.
"Is the Kuwait Investment Authority still increasing its stake in BP Oil?" After a moment of silence, Tang Bao suddenly raised his head and asked.
"Hmm. They started by buying a large number of shares from Goldman Sachs Group Inc. and Morgan Stanley at high prices, and have never stopped increasing their holdings in the open market, and now hold nearly 20% of BP oil company shares. And Goldman Sachs and JPMorgan, the two major investment banks, are doing everything they can to help with their acquisitions...... If the Kuwait Investment Authority doesn't stop, maybe in a few months, they will own more than 30% of the shares, and within a year they will be able to control BP! "Horst is highly concerned about this matter, so Tang Bao's question, he doesn't need to think about it at all, and he just says it casually.
Then.
"The Kuwait Investment Authority's financial resources are so deep that it looks like buying BP is like buying a small company." Pity...... Judging by the attitude shown by BP, it is basically impossible for the Kuwait Investment Authority to succeed! ”
Hey.
30% equity? Holding?
Horst can't help but think too highly of the Kuwait Investment Authority's ability, and the British government is not idle, how can it watch its own energy aircraft carrier being controlled by outsiders. What's more, the Kuwait Investment Authority is the national capital, and it is responsible for Kuwait's national strategic and political interests. Moreover, the direct competitor of BP also happens to be Kuwait Oil Company, and once the majority stake is controlled by the Kuwait Investment Authority, there is a danger of being annexed, and it will also threaten the UK's oil energy security.
So.
The Kuwait Investment Authority has increased its holdings of BP oil in the UK by a large amount, and in the end there will only be one outcome, that is, failure!
"Alas. Recently, various media outlets have been hyping up the Kuwait Investment Authority and the British BP oil company. Anyone who can stand a little bit with them will be taken over and analyzed. In fact, our Phoenix Investment Group is just one of the companies lying on the gun, and it is only because the Phoenix Investment Group was in the limelight last year and has sufficient funds that the impact will be so great. Horst laughed and cried.
"Hmm. However, the British BP oil company is arrogant enough to dare to threaten the Phoenix Investment Group so unscrupulously......" At the mention of this, the smile on Tang Bao's face gradually faded. Although Peter only warned Horst privately, he was indeed flouting Phoenix Investment Group.
"Uh...... Boss, what are your plans? Horst's eyes lit up suddenly, and he came to his senses. In fact, he was also very upset with Peter's inexplicable warning. In terms of asset value, Phoenix Investment Group is also a large investment company, why should you put up with your fingers. But the reality is so cruel, oil and capital investment, the enterprise that controls oil resources has more influence!
Therefore.
Horst was ready to move, but reason told him that it was best not to get involved. He advised: "Boss, BP's behavior is indeed rude, but they have this confidence, and the entire British government is supporting them at the moment...... We don't have to deal with them. ”
"Goldman Sachs and Morgan Stanley seem to have been with the Kuwait Investment Authority all the way, so they weren't warned by BP Oil?" Tang Bao asked suddenly.
"Of course. ”
"So what are Goldman Sachs and Morgan Stanley doing?" Tang Bao then asked.
"Uh...... But...... They have the confidence not to care about the reaction from the British BP oil company and willfully continue to help the Kuwait Investment Authority. Goldman Sachs and Morgan Stanley have people behind them who can solve these problems for them, and they can withstand British pressure. We can't! ”
"Huh. Horst, you don't have to be nervous, I didn't say I wanted to get involved in this. In fact, I'm not optimistic about Kuwait's investment behavior either. Ignoring the repeated statements and warnings of BP Oil Company in the United Kingdom, and constantly burying their heads in increasing their stock holdings, they are completely ......dead," Tang Bao said with a light smile. He knows the outcome of the Kuwait Investment Authority, and at this time he will come together to help them, unless his brain is in water.
"What do you mean, boss?" Horst was a little unsure of Tang Bao's thoughts.
"Let's watch the show first."
Tang Bao didn't want to continue to solve Horst's doubts, but said lightly. He had an idea in his mind about the matter, but because of the two phone calls from Garrit and Peter to Horst, it might add some twists and turns, and he needed to look for an opportunity to eliminate these disadvantages.
He is not in a hurry...... (To be continued......)