Chapter 350
: The talk is completed
"Yesterday, the company authorized that we could invest about 10 billion US dollars in the cooperation projects! This includes equipment, talents and other expenses. It is expected to build a super oil mining group with an annual output of more than 100 million barrels of oil. In addition, some refined oil and other petrochemical products can easily enter the Japanese market and obtain profits that are not inferior to oil mining. We in Japan are a country where the whole people are looking for resources and minerals overseas. There are countless people in private geological exploration, and we can reveal some oil found in Iraq. These information is the exclusive secret of our company. There are at least 1 billion barrels of reserves..." said Tomo Mishima.
"Oh?" Zhang Bixuan was very interested. As expected, the little Japanese did things sneakily and sent people there to explore without the approval of the Iraqi government.
Shell reports new oil and gas reserves every year, but Japan found the oil field in a gloomy way, and it was not rushing to announce it. It was probably only when the opportunity to buy the land at a cheap price that it would announce that there was oil here. Unfortunately, Iraq was hit and sanctioned by Midi, and it was not a waste of Americans. Even if Japanese companies knew there was oil there, they didn't know when they would be able to have a good relationship with Iraq. By then, the secret may no longer be a secret, but was discovered by other organizations and became the pocket of other companies. These factors have made Japan's International Oil Development Company willing to exchange information on its reserves of 1 billion barrels of oil for bargaining chips in the joint company, so as to indirectly enter the super large oil depot in Iraq.
Philip was anxious and said, "We offer $25 billion and hope to own 40% of the United Company!"
Zhang Bixuan was full of heart. Yesterday, Shell issued 20 billion yuan to claim 40% of the shares. After a day, it took the initiative to increase the price increase to US$25 billion. It seems that companies in the crisis are the easiest to compromise.
However, taking advantage of the situation and being greedy is a quality that qualified businessmen must master. You must know that there may not be such a good opportunity in the future.
No need for Mishima Tomoe protest.
Zhang Bixuan directly refused: "No, 40% is too much! The conditions of Japan Petroleum Development Company are also very generous. With their investment of US$10 billion, Shangshang exclusively owns the secret of a certain oil field with a reserve of 1 billion barrels. I think they are equivalent to investing US$15 billion. Longteng Petroleum owns 50% of the equity, which is the premise for the establishment of a joint company. So, your family spends 25 billion and your family spends 15 billion. Distribute the remaining equity according to the proportion..."
Kim Meiji seemed a little embarrassed to see the bids from these two companies. She complained about the stinginess and lack of courage in her company's senior management, which made her feel a little embarrassed to quote. Finally, she gritted her teeth and held back the shame and said: "So, South Korea's National Oil Company has offered US$2 billion. Can she participate in the equity distribution?"
"Hahahaha, of course! 2 billion, it's really a lot..." Mishima Tomoto said mockingly.
Then, there was not much controversy. After several hours of discussion, the final draft decision was named Longteng Middle East United Petroleum Group. Longteng Petroleum Company owns 50% of the shares, and the other three major stocks were Shell invested 25 billion US dollars and owned 29.76% of the shares, Japan International Petroleum Development Company owns 17.86% of the shares, while South Korea's National Petroleum Corporation invested 2 billion US dollars and only owned 4.76% of the shares. The above major shareholder assets will be injected within one month after the establishment of Longteng Middle East United Petroleum Group. If there is no asset injection within the restricted event, the shareholder's qualification for participation and cooperation will be cancelled!
According to several major stock negotiations, Shell requires that the United Petroleum Company's total oil production share be sold to Shell at 20% below the market price every year to alleviate the crisis of Shell's oil reserves. Japan and South Korea also require that the dividends be paid directly with crude oil. In this way, the only major shareholder, Longteng Petroleum, uses crude oil to produce refined oil and other petrochemical products every year. It seems that this company is simply unreliable. Most shareholders just want oil and just treat new companies as a tool to dig oil to find oil, without thinking about how to develop new companies.
Zhang Bixuan sneered in his heart.
Next, the company's articles of association were formulated and the board of directors was established in a intensive manner.
Within a few days, the investigations of governments, court accusations, many shareholders' explanations, and other issues have caused Shell's stock price to suffer a severe setback. At this time, Longteng Petroleum Company had quietly absorbed...
However, after absorbing 15% of the outstanding shares, the trading volume shrank to a transaction scale of only US$100,000 per day. No matter how powerful Longteng Petroleum Company is, it cannot buy it in large quantities.
If it cannot continue to absorb, the acquisition will fail. With a 15% stake, it is impossible to control Shell. Some heavyweight shareholders in London, England and The Hague, the Netherlands have a combined equity of more than 60%. Unless some old guys who have held Shell for decades have sold it, they can reach the acquisition plan.
If they can't be allowed to sell their shares, then the acquisition will only be a joke.
At night, Zhang Bixuan walked on the moonlight to the place where Longteng Petroleum Company traders gathered.
"Haoran, what are you going to do next?"
"Now, we should train our shareholders, haha!" Li Haoran replied.
"Oh, let's hear it."
Li Haoran thought for a while and smiled and said, "Train for treating people like dogs!"
Zhang Bixuan frowned. Humans are the spirit of all things. Treating people as dogs really makes the listener uncomfortable.
Liu Luanxiong continued: "Dogs always like to drool when they see meat. We will ring the bell and give the dog a piece of meat. Every time the bell rings, they will give the meat. If there are too many times, the dog will reflex when it hears the bell and saliva flows. We don't give meat to eat, and the dog will drool if it just rings the bell..."
Zhang Bixuan couldn't help laughing: "It's so laughing. You treat those shareholders like dogs in Pavlov's experiment!"
Zhang Bixuan respects Liu Luanxiong a little bit of respect for him, and he is more famous in his previous life. He often defeats the strong with the weak, blocking large companies worth hundreds of millions of yuan. Before Soros blocked the Hong Kong economy, Hong Kong people only paid attention to Liu Luanxiong and others, and did not care about Soros who blocked the British economy.
Chapter completed!