legendary trader

Chapter 661 Chapter 662 Financing?

"Forehead."

Zheng Xiaopang scratched his head when he heard Chen Fan's words. The valuation of this company was too high, so high that he felt it was unreal.

"That's right. I just read the cases of the above foreign companies, so, hey, the company we're talking about seems to have the smallest bid, just over 100 billion."

Zheng Xiaopang said helplessly, "Fucking more than 100 billion."

Yes, YPF seems to be the cheapest oil company merger and acquisition case in the past two years, and then Chen Fan turned the file to the last page, which recorded several oil company mergers and acquisitions that occurred in the past two years: August 8 last year On December 11, BP acquired Amoco for 563 billion yuan; also on December 12 last year, Exxon acquired Mobil for 1 billion yuan; 866 million meters to acquire Fina company.

而到了今年, 收购行动依旧在如火如荼的进行着, 4月1日，英石油—阿莫科公司以303亿米元收购了阿科公司；7月15日，道达尔菲纳公司以511亿米元收购了埃尔夫公司。

When Chen Fan saw these data again, he only had a helpless expression on his face, he was poor and had no money.

Look at the tens of billions of transactions above, but now a group of them are discussing acquisition projects of less than 200 billion.

After An Shilin expressed his thoughts over there, taking advantage of the gap, Chen Fan asked, "Mr. An, if we want to make an acquisition according to your intention, what method should we use to conduct the transaction? I saw the valuation of this YPF company in your report, 150-170 billion, in meters.

Strictly speaking, Peak Petroleum is currently only a company established for an oilfield project, and the oilfield has no output at present. I am curious. Since you proposed to acquire it, the payment method for the acquisition is only specified in this document. No words. "

After expressing his doubts, Chen Fan immediately shut up and waited for An Shilin's answer.

But this time it wasn't An Shilin who came forward to answer Chen Fan's question, but a middle-aged woman in her 40s who sat at the end answered.

When An Shilin introduced it earlier, Chen Fan knew that the woman opposite was the company's chief financial officer, named Tan Mingmei, and now she heard her say in a leisurely manner: "There is no mention of the acquisition method in the document because the need According to the opinions of the general meeting of shareholders, we have multiple plans, not only seeking syndicated loans, but also corporate financing, including but not limited to issuing stocks and bonds, etc., but this requires the general meeting of shareholders to approve the acquisition and set the conditions for the acquisition.”

Hearing that the company's management team wanted to raise funds, Chen Fan frowned. Although he had a premonition that the other party would have this plan, but he said it so directly, it still made Chen Fan curious, what confidence did they have to make this happen? thing.

Unable to see through each other, Chen Fan turned his gaze to Zhang Jianjun and Second Brother Wang.

At first, Chen Fan thought that Zhang Jianjun or Second Brother Wang had done this. Now that the construction of the oil field is coming to an end, some people want to pick peaches and complete the control of the company through financing, but their expressions are cloudy Guessing in the middle, they don't seem to know.

Regarding the external financing of Summit Petroleum Company and the dilution of his shares, Chen Fan himself is not nervous at all, because he feels that this matter is a challenge to the company's current controlling shareholder, and he is only a minority shareholder, although the shares are not small. But if you really want to talk about it, it's just juxtaposing with a few people.

Perhaps feeling that what Tan Mingmei said was too direct, An Shilin was worried about causing misunderstanding to the second brother Wang and the others, so he explained before they could speak: "According to our forecast for the oil and gas industry, the global oil and natural gas exploration in the next few years will The industry will once again be monopolized by giants, and all shareholders should have seen it from the information.
Industry mergers and acquisitions are accelerating. If Summit Petroleum cannot participate in mergers and acquisitions to strengthen our strength at this time, we will become a fat sheep in the eyes of other giant companies in the future.

Out of consideration for the future development of the company, after discussion, we felt that it would be beneficial for the future development of the company to participate in the acquisition of oil companies and contact those capitals that are willing to trade. "

After An Shilin finished speaking, the meeting room fell into silence. For a long time, there was only the sound of people drinking tea. At other times, everyone in the meeting room either bowed their heads in thought or frowned in silence.

Feeling very bored, Chen Fan just planned to take out a cigarette from his pocket and smoke one, but saw that there was no ashtray on the conference table, so he had no choice but to stop smoking and continue thinking about the document in front of him.

Second Brother Wang also thought about it for a long time. After watching Zhang Jianjun a few times, he said, "I will hold down the company's funds for the time being. I will talk about it later. Now I want to know, is this YPF really worth buying?"

After finishing speaking, Second Brother Wang didn't look at An Shilin. To be honest, he rushed to come here today and said straight to the point that he wanted to finance the acquisition of a foreign company. He was not very happy. He didn't reveal any rumors to him before. However, I am also blind to this company. Right now, I will definitely not support this matter. Although the information on this company is quite detailed, I have not found anyone to verify it.

"Actually, shortly after the drop in international oil prices last year, there were quite a few institutions that sold shares in oil companies at that time. At this stage, there are not many who still have the intention to sell. From the data, we can also see that the mergers and acquisitions in the past two years Most of them have been completed, no matter from which point of view, I think the acquisition of YPF is appropriate.”

Chen Hui, vice president of Summit Petroleum Company, also spoke at this time.

After Second Brother Wang spoke, the vice presidents of Summit Petroleum Company, Xu Jing and Zhu Qi all started to speak, and the meeting room suddenly became lively, only Chen Fan and the three of them kept their mouths shut at this moment.

The main thing they communicated was about the situation of YPF Company, and the most talked about was the credibility of the information. For the second brother Wang and the others, An Shilin suddenly brought up this matter without saying hello before and without giving them time to find out. People investigate the situation of this company, which is itself problematic.

However, after heated discussions, Anslin finally spoke out. This matter is very urgent, because they have confirmed that Repsol is negotiating acquisitions in the Pampas Republic, and the negotiations have been going on for some time. If the company's shareholders have the idea of ​​making an acquisition, they must step in immediately, otherwise there is a high probability that they will lose this opportunity.

Although An Shilin did not specify the source of the acquisition negotiations in detail, Chen Fan believes that this matter is unlikely to be wrong, and the question still comes back to the original question of the second brother Wang, whether YPF is worth buying or not ?

(End of this chapter)