Chapter 578: The Largest Merger and Acquisition of the 20th Century
The next day, Manhattan, Rockefeller Manor.
The meeting time between Li Zitao and Little John was at noon, and the servant prepared exquisite food.
"Charlie, congratulations on your new discovery!" Little John raised his glass and said enviously; "Look at you, the future oil king."
"The oil king doesn't just refer to the amount of oil." Li Zitao put down his glass and mentioned the cooperation with Mobil.
"Charlie, have you ever thought about mergers and acquisitions?" Little John said suddenly.
"What?" Li Zitao thought he had misheard, M&A, and Mobil?
"You heard me right, it's mergers and acquisitions!" Little John actually had this idea all the time. He was old and his health was going from bad to worse, not many years left.
Based on the successor he chose, David, it's hard to say whether he can maintain this friendship with Li Zitao.
Even if the relationship between the two can be maintained, can the other party give up the benefits they have obtained and maintain Rockefeller's so-called face?
Li Zitao's rise is unstoppable, and he already has the upper hand in terms of crude oil reserves.
With the cooperation that must eventually outlaw the status of the oil sisters, it is a wrong choice to reject him.
Some people want to cooperate with him, and Li Zitao can think of Mobil first, which is enough to make Little John feel relieved.
After much deliberation, Little John thinks the best way is to merge.
Now it seems that Mobil is at a disadvantage. Its brand and sales network alone have a market share that Alaska Standard Oil cannot match.
But Little John is more concerned about the future. Don't forget that Li Zitao still holds the survey and collection rights of the two emirates.
And he also has a 15% stake in Gulf Oil, which is Royal Dutch Shell and British Petroleum.
If the three parties reach a cooperation, the global oil market will be shaken.
"For mergers and acquisitions." Now it's Li Zitao's turn to think about it. Before he came, he hadn't thought about mergers and acquisitions at all.
When you think about it, mergers and acquisitions are beneficial for both parties.
With direct access to advanced technology, brand promotion and huge market share, Mobil does not need to worry about crude oil, and its brand competitiveness is stronger.
"I agree with the merger, Mobil's shareholding structure?" Li Zitao agreed, and he had to know exactly what kind of benefits he should seek for himself.
"Mobil has 11 shareholders, including Wall Street Global Advisors, Columbia Management, Wealth Management, Northern Trust Company, JP Morgan, Wellington..." Little John introduced him with details.
These companies are well-known investment and financial institutions in North America and even in the world, but they only hold 23% of the shares.
The rest is in the hands of the Rockefeller family heirs, who have absolute voting rights at shareholder meetings.
"As for the valuation of the two companies, we should find a third-party appraisal agency to do it, what do you think?" Little John is a vigorous person.
"Okay." Li Zitao did the same, and decided not to drag his feet.
, the British Barclays Group, established in 1862, is the largest banking institution in the UK.
In order to ensure the smooth progress of the cooperation between the two parties, no information will be disclosed before the formal merger and acquisition begins.
The Ministry of Supervision directly issued a gag order to Standard Oil of Alaska,
Who dares to reveal a word to the outside world, pack up their things and leave.
If the merger of Alaska Standard Oil and Mobil Standard Oil is successful, it will be the largest merger of the 20th century.
The Barclays Group, which received the entrustment, acted very quickly. A total of 200 people entered North America in three batches, and were responsible for evaluating the assets of both parties and later mergers and acquisitions.
Barclays attaches great importance to receiving such a large business order. Both partners are important giants in North America, so they cannot be taken lightly.
If you screw up this business, you will be destroying your own signs, and no one will dare to use them in the future.
After having a pleasant conversation with Little John, Li Zitao moved into Juliana's apartment and kept her out of bed for several days.
Everyone in Wells Fargo Bank was wondering why Her Majesty the Queen took a vacation suddenly, and it lasted for several days at a time. This was not her style.
Little did he know that he was pressed on the bed by the big devil and encouraged by continuous piling, so he couldn't get out of the bed.
"What have you been up to lately?" Juliana asked as she propped her head up and looked at his back while eating fruit on the bed.
"About the oil company." Li Zitao is waiting for Barclays to officially take over, and then he should go back. It will take at least 3 to 6 months before and after the merger.
"I forgot to congratulate you." Juliana thought he was talking about Oman's scandal, and the news had already been published in major newspapers.
The meme of "Lucky Charlie" was brought out again, and the lines were full of envy.
"Thank you, how is your business?" Li Zitao changed the subject.
"I have to wait for the matter of the elders, but with the approval of the family, the relationship network that was originally unusable has come back to life... Really realistic!"
Juliana said sarcastically, she was still pretending to evade her in front of her, and refused to help her with a little favor, but she immediately changed her face and called her on her own initiative.
"Aren't you realistic?" Li Zitao put down the documents at hand, climbed onto the bed and caressed her white upturned body, and said frivolously.
"Don't move, can you look like a normal person?" Juliana slapped his hand away with a frown.
"Normal person?" Li Zitao grinned, turned over and pushed her underneath with a smile, "If you were a normal person, I'm afraid you wouldn't even have time to eat fruit."
"Asshole, don't expect me to bathe you again..." A choked voice sounded, and Juliana rolled her eyes, full of helplessness for this bastard who both loved and hated.
...
...
It was already half a month before I returned to Los Angeles.
"Ha, our man of the hour is back." Reappearing in the dormitory, Li Zitao was ridiculed by Rocky.
"What hero?" Li Zitao asked in surprise.
"Of course I'm asking for leave. Don't you know that I'm already famous in school?" Like Li Zitao, asking for 8 months a year is definitely the only one in history.
Everyone is discussing what kind of background he is, which can make the school board open about it, without even saying anything.
"I'm busy with work!" Li Zitao couldn't laugh or cry knowing that he had become a man of the hour because of this.
"It doesn't matter, they don't know you anyway, they only know that you are a Chinese student." After joking, Rocky explained with a smile.
"It won't affect me. How are you doing?" Seeing that he looked good, Li Zitao wondered if he was encouraged by love.
"Academics are going well, and then work, and occasional dates." Rocky spread his hands indifferently.
For Fan Biang, he is no longer in a hurry for success, since she said she wants to get married, then follow the pace of getting married.
As long as she doesn't add some green to her hair, it is acceptable for Rocky to be indifferent.