Chapter 1101 The Game of Dividing Pork.
He is less and less concerned about the affairs of the film company now. There is a big boat at the bottom, as long as the waves are not too ridiculous, there will be no problem at all.
This time, it was also the first major production after the film company's reorganization, otherwise, he might not have cared about it.
"Damn it, is John Bull crazy? They have lost their money, and they still want to buy Amoco?
By the way, what is the valuation given by Morgan Stanley? "
"Thirty-five billion dollars, US dollars. Judging from the current price, it is obviously a bit high. However, it cannot be said that there is no sincerity. If it is not a huge loss, this price cannot be bought."
Of course, William White knew that he couldn't buy it. This product is not only the largest natural gas supplier in North America, but also the largest oil company in the Midwest.
If this is the case, William White may not have any intention of winning. However, it still has a lot of land in the Gulf of Mexico, which is really mouth-watering.
"Morgan will provide financing, who else?"
"According to what we have learned, Goldman Sachs and Citigroup have also provided guaranteed credit. According to BP's operating conditions, they will use highly leveraged acquisitions."
"Crazy, completely crazy, hiss, this is wrong, how do I feel, this is a behind-the-scenes transaction?"
Felson nodded, and he also agreed with William White. There is no other reason. Now Exxon and Mobil are also suffering huge losses. Both of them have started to hook up. How could Amoco be an isolated incident.
You know, Exxon, Mobil, and Amoco, all of these three companies were Standard Oil in their previous lives.
When it comes to acquisitions, of course, the merger of these three companies is suitable. Originally, they were inseparable. Now, at this time, they report to the group to keep warm, so there is no fuss.
It must be, Shell and BP will be very dissatisfied, if you hug each other, this is a proper dual-power standard. The second and third add one piece, and it is not your opponent.
Everyone is a global giant, so don't talk about the United States and Britain. As long as there is a business, it can be sold anywhere.
William White understood that this was a game of pork. And he was obviously treated differently.
This is annoying, bastard, what do you think I am? White Oil may not be ranked, but William White is not.
Just last year, he tried to buy a polypropylene plant. Good guy, now quietly, directly intends to cheap John Bull.
Amoco is not simple. It is not only the largest natural gas supplier in the United States. It is also the largest petrochemical complex in the Midwest.
It has its own oil wells, its own oil pipelines, its own refinery, and a large-scale chemical plant.
By buying this guy, White Petroleum can get rid of its constraints. Don't worry about lack of capacity, and don't worry about sales. As long as this resource is integrated, he will be one of the Big Three in the United States.
Well, it might be fourth, it doesn't matter, as long as time passes, the top three will be certain.
"It's a great company and a business from my hometown, and I'm very sorry to know they're in trouble, and I'd like it to stay in Texas if possible.
This year's employment is not very good, if it is that kind of hostile takeover..."
"Mr. White, are you saying that John Bull will take over hostilely?" The reporter is naturally not afraid of big things, and when he finally catches the opportunity, he naturally wants to make trouble.
"I didn't say that, don't hurt me." William White shrugged, that means, John Bull is full of malice, it's not convenient for me to say, as long as you understand.
"As far as I know, there is less than 500 million in their account. This acquisition may have been a rumor. Although I don't have 35 billion, I still have 20 billion in cash.
Cough, put your eyeballs in first, this is live TV, don't scare the kids. "
Seeing this guy's eyes bulge out, William White lost no time in making a joke.
"Two billion?"
"I'm not joking. In fact, just now, we have discussed this plan. Yes, we decided to join the competition."
There was a loud bang, and a series of harsh curses erupted in the chairman's office in the BP Building in London.
William White is such a jerk, even though he was just stating a fact.
Yes, your own business is not well managed. To put it bluntly, whether you can survive this test is really two things.
It's not bad that White Oil is a little guy, but the boss behind him is a local rich man. Listen, 20 billion US dollars in cash, bastard, with this money in your hands, if you operate it, you will buy your BP backhand.
Don't be unconvinced, the possibility of success is very high. The only thing to be afraid of is nothing more than the review of government departments.
If a local tyrant in the desert buys it, John Bull can think of many ways to destroy it. A word of national energy security, no matter how much money you have, it is useless. For the emperor, it is not that simple.
The price of oil continues to slump, and it is really hard to say when it will improve. If it drags on for a long time, you just succeeded in the acquisition here, and it didn't take long before William White bought you backhand.
To be honest, with 20 billion in hand, it is really not too easy to find a way to raise 50 billion. In fact, BP's acquisition of Amoco required almost ten times leverage.
Look, the gap is obvious. At least, wanting to buy Amoco cheaply is completely idiotic.
"Look, I just said something will happen. It's useless for them to talk nonsense. This world has long been different.
The members of Bilderberg, not to mention economic politics, they are even reluctant to influence the price of oil. "Buffett, who had nothing to do with himself, was spitting out venom frantically, and Greenspan, who was sitting across from him, was in a bad mood.
He doesn't care whether John Bull will succeed or not, and he doesn't care whether Exxon Mobil can be merged. However, it is impossible for you not to pay attention to William White, who holds 20 billion in cash.
It seems that the Rockefeller family is indeed old. If some changes are not made, this joke will continue to happen.
You want to buy Mobil?
There is another one holding a sign next to it, it was taken away by BP, maybe one day it will be bought back. In the hands of William White, there is basically no possibility.
"Warren, is BP really that bad?"
"Hahaha, let me say that these two are non-performing assets. BP is more serious than what William White said. As for Amoco, 25 billion is as high as the sky. Let me tell you, even at this price, I would not Will buy."
After saying these words, Buffett closed his eyes. He really didn't want to see that ugly face. This matter, from the beginning to the end, is your own talking.
The reshuffle of the oil industry is nothing to do with it. When the economy is bad, the company chooses to buy, not to mention the very low price. If the financing situation is good, they can make a lot of money.
If there is a strong opponent, that is another matter. It's useless if you talk about it.
"Warren, you are wrong again. If it is an investment, it may not necessarily be a good business. If you really want to enter the energy industry, Amoco is a good choice."
"What are you talking about? Alan, he has been buying all the time, but since they are all offshore drilling platforms, you just didn't pay attention.
Haha, or rather, he deliberately avoided it because he was worried about being suppressed. Now there is an opportunity to return to the mainstream market. I think he has been waiting impatiently for this opportunity.
Unexpectedly, they just talked about themselves, what do they think of William White? "