Chapter 116: The Last Condition

"Well, then I have no problem with it, I can sign the capital injection agreement at any time. I believe that the cooperation between us will be very pleasant. Tang Bao was already very satisfied with this result, and he did not raise the question of whether to enter the board of directors of BP Petroleum, because he felt that there was no need to talk about it, and it was not too late to talk about it until he had enough shares, and it was too early to talk about it, and it might even cause Peter to be wary of him.

"There's no rush to this."

Peter wasn't stunned by the two-billion dollar investment, and his mind was always very clear.

"Oh? Could it be that Mr. Peter, what conditions are not to be met? Tang Bao asked curiously, and at the same time, a bad feeling surged in his heart.

He didn't expect that at this critical moment, Peter could still be so calm.

"Yes, before signing the investment agreement, I would like you to agree to a few small conditions." Peter nodded and said solemnly.

Call.

Tang Bao took a deep breath and did not give an affirmative answer easily, he also knew in his heart that Peter's so-called "small conditions" were definitely not so simple.

"Let's talk about ......it," Tang Bao said with a smile, but he didn't say whether he would agree.

On the surface, Tang Bao seemed to have an indifferent look, but in fact, Tang Bao was already secretly guessing in his heart what conditions Peter would propose.

"The first condition, Don, is that at any one time, the total shareholding of you and the investment companies associated with you in BP Petroleum cannot exceed the 10% cap."

Peter said solemnly. The sharp eyes never left Tang Bao for a moment. It seems that he wants to put pressure on Tang Bao with this oppressive gaze.

In fact.

Peter didn't expect this, but Tang Bao's final request for a "contingency plan for not being able to pay dividends" written in the agreement exposed his ambitions for BP Oil. Tang Bao could be another Kuwait Investment Authority...... That's why he wanted to restrict Tang Bao's shares.

"Huh?"

Peter's first condition made Tang Bao frown. If the shareholding ratio does not exceed 10%, then his room for play is greatly limited. At this time, Tang Bao finally realized that although Peter enthusiastically introduced it to BP Oil, he did not let down his guard against him.

"Tang, please understand our hardships, and at the same time, I think it will not hurt you to keep the equity ratio within 10%."

Analyze the pros and cons wisely. Tang Bao also deeply agreed with Peter's view. A 10% stake should be an acceptable bottom line for the UK government, and this hurdle has been crossed. You may be asked to chat. Historically, the Kuwait Investment Authority (KIA) has been under pressure to reduce its stake to less than 10 percent, retaining about 9.9 percent.

"Good. I can accept this condition. ”

"Ha, Don, this decision of yours is wise!" Tang Bao did not dwell on this condition, which made Peter very happy. Tang Bao's investment of two billion dollars, the acquisition of preferred shares is also close to the 10% limit, in other words, Tang Bao can not absorb a large number of shares from the public market.

Although such a limitation will be missing a main force to support the stability of the stock price, however. Peter is not worried that there will be problems, as long as he chooses a suitable time to announce Tang Bao's stake in BP Oil, it can naturally greatly boost market confidence.

Looking at Peter, he was a little smug and fluttering.

Tang Bao smiled secretly in his heart. He can't hold more than 10% of the shares publicly, so he does it secretly...... The offshore fund accounts he has registered are too numerous to count, and these offshore accounts are so complex that even governments can have a headache to investigate, let alone BP Oil. He secretly increased his holdings, and it would definitely be difficult for the other party to detect it. This sneaky sucking up of stocks. The only drawback is that it can't be exposed, let alone pooled together. Membership on the Board of Directors is required. But Tang Bao didn't bother to care about these things.

Originally.

His investment in BP is only an investment behavior, focusing on investment returns, and he will exit at the right time.

"The second condition is that you must not meddle in the management and personnel arrangements of BP Petroleum at any time. Don, hopefully you can always be just a pure investor. Peter said that now Tang Bao's shares are all preferred shares and have no voting rights. But that doesn't mean there will never be any change, there are billions of dollars of stock that can be converted into common stock, and Tang Bao may also absorb some outstanding shares from the open market, and the other party is likely to enter the board of directors.

Originally, he wanted to ask that he not be allowed to enter the board of directors, but after careful consideration, he decided to take a step back. After all, it is an investment of two billion US dollars, and if Tang Bao, who is angry, talks directly and collapses, he will not have time to cry.

With the current situation, in addition to Tang Bao, a wealthy man, it is unrealistic for Peter to find another investor who can compete with him.

For this condition, Tang Bao really has no reason to refuse. His own company can't take care of it, so how can he have the leisure to the heart of BP Oil. So, Tang Bao smiled happily and said: "As long as it does not damage my investment interests, I will never meddle in the affairs of BP Petroleum Company." Well, if I'm lucky enough to be on the board of BP Oil, I'll be neutral as well. ”

Sometimes.

The field of petroleum resources is often mixed with politics, and Tang Bao made this choice to stay away from trouble......

"The third condition is that BP Petroleum has a right of first refusal to buy back your shares, and you can only choose another buyer if we make it clear that we will not buy it."

"Everything is as you wish." Tang Bao replied without thinking, and at the same time thought in his heart, when I sell the shares of BP Petroleum Company, it will be the beginning of your fall from the peak. I'm afraid that you won't have the energy and financial resources to reclaim my shares.

I want Tang Bao's investment, but I don't want to share power.

Hum.

This Brit has a good calculation.

Tang Bao secretly sneered in his heart, it can be said that the three additional conditions proposed by Peter completely exposed his distrust and defense of Tang Bao, and his control over BP Oil*. Of course, Tang Bao also knew that Peter's attitude also represented the will of the British government to a certain extent.

Think about it.

Foreign investors investing in state-owned enterprises such as PetroChina are actually facing many restrictions, in addition to receiving dividends, it is also difficult to dictate operations and personnel. Of course, foreign investment is aimed at the Chinese market, and they successfully achieve their goals through this "cooperative" relationship.

Tang Bao's investment in BP also has his own considerations.

In fact.

He has long had the idea of getting involved in the field of petroleum energy, but if he gets involved in petroleum energy, especially in the upstream oil exploitation field, the threshold will be raised in an instant, and capital, technology, politics, connections, etc., where there are shortcomings, will be ruthlessly eliminated.

The importance of capital is self-evident, what do you use to extract oil without money.

Technology, many countries invite foreign bidding for oilfield development, but they all have technical requirements, no technical strength, even if you have money, he is not willing to cooperate with you.

As we all know, oil is vital to the country's industrial development and is known as the "blood" of industry. But oil resources are finite and depleted at an ever-increasing rate. In this context, the competition for energy between countries is inevitable, and the shadow of politics is indispensable behind the competition of oil companies. Oil development has gone far beyond the realm of pure business, and is intertwined with national politics, oil can affect politics, and politics can react to oil! With strong political support, it will also reap more ...... in the battle for oil But when you think about China's current influence in the world, you can't count on it at all.

The importance of network resources is vividly reflected in this fierce competition. For example, if an oil field suddenly appears somewhere in the world, some people can receive the news in advance, while others can only wait for the news report; It is necessary to jointly participate in the bidding of oilfield blocks, and some people can quickly find collaborators, while others run into walls everywhere and withdraw in disgrace.

……

Among the four elements of capital, technology, politics and connections, Tang Bao can barely straighten his waist in terms of funds, and everything else is still lacking.

This.

Tang Bao's stake in BP Petroleum also intends to get some gains from the other party and pave the way for himself to enter the oil and energy field.

"Don, if you have no objections, then I wish us a happy cooperation." Peter stood up and held out his hand.

Tang Bao shook each other's hands vigorously and said, "Happy cooperation!" ”

At this time.

Li Zhen and Wagner were a little dumbfounded, neither of them expected that a huge investment of two billion dollars would be involved, and Tang Bao would actually finalize it in less than an hour. He did not investigate BP Petroleum and did not seriously analyze its prospects, so he decided to invest in this way, whether it was a bit reckless.

Especially Li Zhen.

She deliberately reminded Tang Bao loudly, but with Peter present, it was inconvenient for her to speak out. I had no choice but to give up...... Besides, she wasn't in a position to stop it.

"Ha, Don, Mr. Peter, congratulations to you both." After Tang Bao and Peter shook hands and let go, Wagner congratulated. However, he was also very surprised that he had seen the investment method of the "Wall Street investment prodigy" today. "Seeing that you have so much confidence in BP Oil, I can't bear it anymore and want to buy some of its shares."

"Wagner, if you really want to do that, I'm very welcome." Peter said with a smile, and at the same time surprised by Tang Bao's influence, Wagner didn't have this attitude before, I heard that he invested in the shares of BP Oil Company in the United Kingdom, and he shrank directly...... I didn't expect to change my mind now under the influence of Tang Bao. After being stunned for a few seconds, Peter said sincerely: "Wagner, thank you for introducing me to Don." ”

"Mr. Peter, you are so kind!"

The business is done.

The atmosphere was also much more lively in an instant, not like the intrigue just now, calculating with each other. For a while, laughter rang out constantly. (To be continued) R655