Chapter 630

"I'm glad to have a lot of new faces on our board of directors!" After his relatives and friends joined the board of directors of Western oil company one after another, at the first regular meeting of the board of directors after the adjustment of shareholders, yamon hammer happily said hello to the new members present. As the founder of a large-scale industrial group, hammer has been fighting in American shopping malls for many years and has rich contacts and relationships. The most powerful thing about hammer is his ability to deal with people. As a close friend of Lenin, he maintained a good relationship with every leader of the Soviet Union, including such dissidents as Stalin and Khrushchev. In the United States, hammer was also a frequent guest of the White House. It can be said that yamon hammer is one of the few people in the world who can roam freely on both sides of the iron curtain. Even in China, which disagrees with the Soviet Union, hammer has maintained a very good relationship with Chinese leaders. With the huge background of Western oil companies and hammer's social influence, no one dared to provoke him even in the period of McCarthyism (similar to the WG in the United States).

For these powerful investors who suddenly joined the board of directors, Hamer is happy from the bottom of his heart. The Bank of Columbia has taken frequent actions in the market recently, so their strength can not be underestimated. With large consortia as shareholders of large industrial enterprises such as western oil companies, the financing of Western oil companies can be more diversified. And EVA's personal investment fund also excited Hamer. This powerful woman is a news figure rising recently in American business, and can be called the richest woman in America. Her investment shows that western oil companies are attractive enough. Monsanto is a well-established agricultural chemical company. Its glyphosate and pesticides have always occupied a high share in the U.S. market. Western oil companies also have their own chemical departments. The two companies can complement each other in their chemical business, which is of great benefit to Western oil companies. However, the Mediterranean Shipping Company is the most pleased company for hammer. Western oil companies have oil fields all over the Americas, Europe, Africa, and even in Asia, where they operate coal businesses. How important ocean transportation is to a multinational enterprise, even the layman can see it.

"Mr. hammer, you are a senior in the business sector. We are very happy to join the family of Western oil companies. For the better development of Western oil companies, we have brought a proposal. We want to discuss it at this meeting. Please give us your advice!" Mikhail, who attended the board meeting of Western oil company for the first time, first said that his secretary then put the bill in front of each director. However, when Hamer saw the title of the proposal, he could not help feeling confused and angry.

"Proposal to terminate the acquisition of samotroll oil field" saw the title, the old members of the board looked at each other, unable to understand why the Bank of Columbia did so.

"On behalf of the Bank of Columbia, can you explain what your proposal is about?" Yamon hammy had an immediate attack. He asked Mikhail calmly

"Of course, it's for the sake of the western oil companies themselves. Your company's operating conditions are still very acceptable. However, the total assets of the western oil companies are less than 20 billion US dollars, and the capital required to acquire the samotroll oilfield itself is as high as 10 billion US dollars, which does not include the cost of the later development and transformation of the samotroll oilfield, If the board of Directors approves the plan, the debt of Western oil companies will exceed 150% to 200%, which will turn high-quality enterprises into insolvent enterprises. As a director, I have the duty to advise you to act according to your ability and not to be greedy and greedy Mikhail said rudely.

"Representative of the Bank of Columbia, what do you call it?" Yamon hammer asked quickly.

"You can call me Mikhail!" Mikhail replied.

"Well, Mikhail, do you know what level of samotroll oilfield is? It is the seventh largest oilfield in the world, which is comparable to Saudi Arabia's gawar oilfield. In terms of production, samotroll oilfield even has the strength to surpass gawar oilfield. If we let this opportunity slip away, then we are giving up the great opportunity to become a world-class oil company! " Yamon hammer explained to Mikhail.

Next, hammer and Mikhail launched a fierce battle for the acquisition of samotroll oilfield, and no one could persuade anyone. Yamon hammer constantly emphasizes the importance of samotroll oilfield for the future development of Western oil companies, while Mikhail constantly mentions that the acquisition will cause serious problems to the financial situation of Western oil companies, which is likely to drag the company into a long-term loss state. Under the condition that no one could persuade anyone, yamon hammer offered his power as chairman of the board of directors. He asked all directors to discuss and vote on whether the proposal should be included in the agenda of the board of directors. Then yamon hammer was the first to eat up the objection. Many old shareholders of Western oil companies have followed yamon hammer to express their opposition.

"I'm sorry, I don't want western oil companies to be insolvent as soon as I joined the board!" EVA immediately expressed her opposition and took Mikhail's side.

"My client hopes that western oil companies can continue to operate safely in the past." Representatives of mediterranean shipping also expressed their opposition to yamon hammer.

"We don't want western oil companies to adopt too aggressive business strategies. Moreover, the target of this acquisition is located in the Soviet Union. The uncertainty is too great, so I'm sorry to Mr. hammer!" Karim also stood up against hammer's acquisition plan.

After the defection of the new shareholders, 47% of the shares were on the side against hammer. Then KKR also announced that it asked the board of directors to give up the acquisition plan of samotroll oilfield, because KKR's participation in the plan of sniping western oil companies depended on highly leveraged financing, Unless western oil companies are willing to use their own cash flow to cover KKR's deficit, KKR will suffer a big loss in this business. The main source of KKR's capital is the Bank of Columbia, which they should be on the side of.

It seems that these investors from the United States and Europe have bad intentions. They won't collude with each other to swallow up western oil companies long ago, will they? Hammer got up from his chair, pointed at them with trembling fingers, then nodded resentfully, wrote down the account, and left the room without saying a word. Hammer knew in his heart that he was in trouble this time.