$2 billion stuff.It costs $5 billion to buy.Except that Abel himself is really rich.It was he who always felt that Chevron Oil Company, a company with good roots, was a Rockefeller family.It is impossible to bargain yourself so easily.They're really only worth $2 billion.But this is the value of the company's assets.And the problem is that in addition to the inherent value of a company, there is also a personnel problem!
Abel noted.From David Adams's document, California Union Oil has declined to what it is now.But there are at least about 8,000 to 12,000 old employees.It's definitely an asset too.This industry of oil is different from others.If there is a shortage of manpower and personnel are needed in other factories, other industries can recruit from the society.But in the oil industry, apart from recent college graduates, there are probably only other oil companies that have been poached.The value of these more than 10,000 veteran employees.It's not counted in the $2 billion.If it's just a shell, plus the name of this brand, $5 billion is indeed a bit expensive.But about 10,000 veteran employees are still very affectionate to the brand of California Union Petroleum.The value of these people cannot be measured in money.Let's take an analogy.If Abel had bought the shell, but didn't have the manpower.Who is going to work at the refinery that was bought?
Who will operate the oil company that has been bought?
Poaching people from other companies?
Let's settle the score.10,000 people, the cost of each person from other companies is not less than 50,000 US dollars.This is the cost of 1 billion US dollars, and the follow-up must be higher than when the other party was in the other company.Again, this is a hidden cost.Combined, these two costs are estimated to be more than $3 billion in five years.Chevron Oil's operation is also sassy......
Basically, all kinds of assets of California United Oil have been swallowed up, but they just dare not fire these old employees of California United Oil.Give these people jobs.It was originally written in the contract.As a result, in addition to about 2,000 people, these people also work at the original United Oil Company of California.The remaining 7,000 to 8,000 people are all working for Chevron or other oil companies under the name of California Union Petroleum Expatriate.Some of them were even thrown away to work as gas fillers.This is exactly why California Union Oil was swallowed up by Chevron and has been struggling for independence for so many years.It's too tricky.Chevron can't afford to eat these people, and their own companies are now somewhat saturated.can only raise this group of people with the lowest standards in the industry.I don't dare to fire, and I don't want to raise a bunch of white-eyed wolves.I believe that Abel is willing to take over.They should be happy to do so.About 10,000 veteran employees, about 2 billion total assets, plus the brand of California Union Petroleum, a century-old enterprise.The overall value may not exceed $5 billion, and at least around $3 billion to $4 billion.But considering that this is something from the Rockefeller family, Abel has a grudge against the other party, and he must pay a little more if he wants to take it.Having said that.The most important thing is because of the quest of Smoke of Fate.There is a guaranteed reward for this mission, let alone $5 billion......
He is willing to take out $10 billion!
That's why he said something that some people are stupid and have a lot of money.Actually, it's not bad.If the whole world thinks that others are stupid and have a lot of money, they are probably willing to cheat him out of money.At that time, it was not known who lied to whom.This impression is that of the present Mr.
President of the United States of America.This has always given people the impression of a stupid local tyrant, but he still sits firmly in the position of president.And although it has been hacked by elite groups and the media, the support rate among the lower class and middle class in the United States has always been ridiculously high.Some people say that he is not reliable and is definitely not a qualified politician.This is because it is impossible for a qualified politician to fulfill all the promises he made before he came to power.Regardless of whether it is unreliable or not.After this guy became president, almost everything he did was what he boasted about when he was running for president.This.It's what makes those low-class whites and middle-class whites love.Because this is not a virgin at all, but a pole spirit!
Even a very unreliable and stupid image can become a president.Abel is now ready to add some stupid and money-rich factors to his image.This is also a consideration.If he has such a label, he wants to buy something, and he will definitely have an advantage over others.Because everyone thinks he has money and is willing to pay.When you sell something, you will naturally be the first to think of him.This is a benefit to him who has a shallow foundation.Especially now that it is so targeted by Rockefeller.Before David Adams left.Abel gave him the most important explanation
.
"$5 billion is $5 billion!
But remember, dear David!
I noticed that California Union Petroleum still has about 10,000 or so old employees.This $5 billion must include contracts with these people!
I need these people to work for me!
”David Adams smiled."
It should be fine!
Chevron's approach is really ......"
"I'm sure everyone should be happy!"
”"Haha!
Go tell them!
After coming over there, as long as I bought California Union Oil!
The whole California Union Oil is mainly an old employee from the days of Yonex!
On top of the existing treatment, everyone will be increased by 20%!
”Abel said "generously".Why is this generosity put in double quotation marks?
Because as far as Abel knows, the salaries of the current old employees of California Union Oil are the lowest in the entire Chevron oil group.And because of that.When California Union Petroleum sold to Chevron, they had nearly 30,000 employees.But in the past ten years, except for a very small part of the Chevron oil company.Most of the rest were because they couldn't stand the double double standard treatment of Chevron Oil Company, and finally left in anger, leaving only about 10,000 people at the end.On the basis of this salary.An increase of 20% is at most the same as the salary of most people in the industry now.I thought about it.Abel felt that this was unreliable.added: "If it's really a technical backbone."
For example, David, if you are like you, I am willing to increase the treatment by 50%!
”According to the standard of 50%.It can be regarded as a high salary in the industry."
No problem!"
David Adams laughed."
For the sake of your willingness to give us a raise!
From today onwards, you are my boss!
”"Uh-huh......
David Adams laughed and left.He was gone for a short time.Alferteli and Lana came to the door.And came with not so good news."
Victoria's parent company knows we want a hostile takeover?!"
That's the message they bringed.At the time of this evening.Victoria's Secret parent company, Limited Brands, suddenly turned to the outside world for help from the white knight.The so-called white knight is when a company becomes the target of mergers and acquisitions of other companies (usually a hostile takeover), and the company's management looks for a "friendly" company to merge with in order to prevent the occurrence of a hostile takeover.And this "friendly" company is called the "white knight".Generally speaking, there is a high probability that a "white knight" with the support of management will succeed, and the company's managers can even become "white knights" themselves and implement a management buyout with the support of institutional investors."
How many shares do we have in them now?"
Abel asked with a deep groan."
So far.The exact figure is 18.9%!
The total cost is $1.447 billion!
”"Not bad......"
Abel nodded.If you find out, you'll be discovered.After all, 18% of the shares have been acquired by themselves, and if this company can't find out, the management really has enough pigs' heads.Viacom's stake was only about 5 to 6 percent of the way it was acquired.Lei Shidong came to the door immediately, and now LimitedBrands is already very dull.What's more, every time Alvertelli and Rana buy someone else's shares, they do it in such a hurry.It's normal for rumors to come out.When someone buys a company, it is for months, half a year, or even years to slowly acquire the other party's stock.Yourself on the side.Each time, it is required to be effective within ten days.In the case of abundant funds, this method is indeed the fastest and most convenient.But the disadvantages are the same, once the other party is reluctant to be acquired.There was Viacom's struggle.Now there are Limited Brands seeking bailout from the White Knight."
Then launch a general attack!"
Abel said dryly."
Invite them directly to the other party!
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By the way, what is their market capitalization right now?!
”Alvertelli whispered, "According to the market value of today's stock!"
That's about $8.9 billion!
”"$10 billion!
Give them an offer of $10 billion, and we are willing to buy them all!
”Abel must have said."
Okay!"
Alvertelli breathed a sigh of relief.He originally thought that the boss would be a little angry because the matter was exposed.The matter was exposed so quickly, in fact, he and Lana were to blame.The two of them have been too high-profile lately, and there is no more nervousness and low profile when they bought Viacom.Although it seems calm, in such a short period of time, the two have contacted dozens of domestic investment leaders on the West Coast and the United States of America, all for Limited Brands stock.So obvious and straightforward.LimitedBrands would be a fool if they didn't find out."
That's right."
Abel asked with interest."
Which company did LimitedBrands turn to?"
Who do they think can be their white knight?
”"Many homes!
There are also companies in the industry, such as GAP, Richemont, and LVMH.There are also those large investment institutions, and they even ask Warren Buffett for help!
”"Warren Buffett?"
Abel came to nature."
Will Warren Buffett be interested?""
I don't know.""
Okay.What a reaction they had!
Then let them go to their white knights!
If their white knight wants to, we can sell him our stock!
More than $1.4 billion, if they want it, take $2 billion!
”Abel said indifferently.The acquisition of LB has two main purposes.One purpose is to get better access to Victoria's Secret supermodels for himself.The second purpose is that he already has Paramount under his command.In the future, in terms of fashion design and clothing, the fertilizer will not flow into the fields of outsiders, and it will be good for the clothing company to be given to itself.There is an alternative to both purposes.Victoria's Secret supermodels.Even if you don't become their boss, it's not very difficult to bubble.Xiao Lizi can be so easy to get started, and if he is richer, younger and more handsome, the difficulty will definitely be lower.As for the clothing companies.Honestly, LB isn't that great.There are more clothing companies with similar prices than him, such as the aforementioned GAP Group.This garment group is a garment company in the United States, and it has good benefits all over the world.If only the second purpose is considered, the acquisition of GAP is much more cost-effective than the acquisition of Victoria's Secret's parent company.Now, if the other party's asking price is too outrageous, then slaughter the other party in turn.See who is willing to take over.After asking about LB.Abel was concerned about something else."
How is the future Bluestar No. 1 selling?"
This is the only company in the industry under its own name that can bring profits to itself.Although the income is only hundreds of millions of dollars a month, no matter how small the mosquito is, it is still meat.Although hundreds of millions of dollars are small, they are enough for daily expenses.Speaking of which.The two of them, who were originally a little apprehensive, immediately became energetic.Rana said quickly: "If it weren't for your instructions, Mr.
Chairman, the order would only be two months away!"
It is estimated that Bluestar's current orders in the future can be scheduled for ten years!
”"A total of 10 units have been sold so far!
Three of them were sold to [American E-Waste Disposal Company], which is a joint venture between Bluestar Future and Vivek Ranadave!
And also received an order for 20 units, two months of production!
”Alvertelli took it and said."
As per your request.All are fully booked!
In addition to the three orders of [American E-waste Disposal Company]!
Bluestar has earned a total of $2.7 billion in the next few days!
”Abel was satisfied.He nodded."
Not bad."
This is the real hen that lays golden eggs!
All kinds of other people who can only burn money on their own at present, and if they want to see profits, they really don't know what year and month they are.This kind of money-burning gameplay.Only you can afford to play.That's what I'm thinking.Suddenly, the phone rang.Abel looked at it.It's been a long time since I've been in touch, John Mellon of Wells Fargo.Old friends.Answer."
Warren Buffett is in Los Angeles!
He wants to see you!
”