Reborn Capital Empire

Chapter 291: Integrate Enron

Chapter 291 Integrate Enron

"Ah...!"

Guo Shouyun, who sneezed a few times in a row, rubbed his nose, "Isn't someone scolding me?"

Shaking his head, he pushed the extra thoughts out of his mind. Possessed and rubbed on the tender little faces of the two little guys.

"Yah...!"

It is said that her daughter is her father's lover in her previous life, and Guo Shouyun also thinks so. Among the two little guys, his daughter kissed him. No, knowing that his father was leaving, he stretched out his little hand and grabbed his father's ear. Don't say, small hands are not small!

Gently took off her daughter's little hand, looked at the two little guys intimately again, and turned to look at her lover who was wearing loose home clothes, hair shawls, and exuding maternal brilliance.

"It may take a little longer for me to return to the United States this time, but I will definitely come back as soon as the matter is settled!" Guo Shouyun said with love.

"Well, my child and I are waiting for you to come home!"

With that said, Molly Bevan stepped forward and threw herself into her man's arms!

The two just hugged each other for a while, until the time was almost up, Guo Shouyun reluctantly pushed his lover away, glanced at the child for the last time, and turned to go downstairs.

Leaving the manor and getting on a private jet to New York, the content of work gradually overshadowed the longing for home!

This time, he came back mainly for An Ran! He has been following how things are going since he decided to buy the U.S. energy giant again.

Because of his previous experience, he originally thought that acquiring giants with tens of billions of assets would encounter many difficulties. But it turned out to be smoother than he expected. In just half a month, the negotiating team led by Rebecca Mark reached an acquisition agreement with Enron's board of directors and Enron's creditors!

"Pan Pacific Energy bought Enron for a nominal $1 and assumed Enron's $33 billion in debt! And, within a week of signing the contract, paid off Enron's $2.19 billion due and the remaining debt The repayment can be deferred for a year...!"

The conference room of Nuoda was filled with all the Pan Pacific Group and a few executives of Enron Corporation, and Rebecca Mark's solemn and high-pitched voice echoed in it!

Guo Shouyun, who was sitting in the main seat, listened briefly, and then focused on the information in his hand.

This is a detailed investigation report involving Enron's assets. Its submitter is still Rebecca Mark. Obviously, even though she was humiliated by Geoffrey Gilling and the plan to acquire Enron was shelved, she still did not give up her goals or obsessions!

In any case, this report does give Guo Shouyun a good way to familiarize himself with Enron's internal situation in a short period of time.

However, Guo Shouyun's heart was a little complicated after seeing this information. Enron's current situation is worse than he had expected.

Of the so-called $80 billion in assets, there are currently only about $60 billion left. And less than 30% of positive profits can be achieved. The main operating income was 11.2 billion US dollars, which has shrunk nearly tenfold from 102 billion US dollars in 2000. The most exaggerated is the net profit attributable to the company is 238,000 US dollars. Any small company can do that. Important data such as surplus reserve, capital reserve and current assets for evaluating the value of an enterprise are also terrible.

"No wonder Enron's board of directors and creditors are so generous. Now Enron is basically no different from an empty shell!"

But even so, in Guo Shouyun's heart, An Ran is not completely worthless. Its power plants all over the world, the largest natural gas pipeline network in the United States, the contacts accumulated over the years, etc., are all important assets that can enable Pacific Group to quickly reach a new level. Of course, it takes a lot of energy to make these assets regain their value.

While thoughts were flying in Guo Shouyun's mind, Rebecca Mark finished her speech.

After waving her to sit down, Guo Shouyun folded his hands on the table and said to everyone's eyes, "No matter what opinions you have about this acquisition. What I want to stress is that from now on, Enron is Pan Pacific. Part of the energy group. I hope you can cooperate sincerely as company executives to manage the company together!"

"Of course, I also know that this is not easy, and it requires time and money, as well as detailed planning! I will give you the money, and I will arrange the time. As for the planning, we have discussed it many times before. Now, I want to be right You make three demands."

"First, reduce administrative expenses. Enron's $2.5 billion a year is an exaggeration. This figure is five times that of Pacific Group, which is twice the size of Enron today. Sell all the company's luxury cars and private jets. In the future, regardless of whether the company is high-level or middle-level, all official expenditures will be implemented in accordance with the new standards of the Pacific Group!"

"Second, reduce the administrative level and cut unnecessary administrative entities. In the future, 18 second-level subsidiaries in the United States, Greater China, North America, South America, and East Asia will be set up under the head office, and branches will be set up under the subsidiary companies, requiring all The administrative level cannot exceed level 5. In addition, the number of 3,000 subsidiaries of the original Enron is too large, and after the rectification plan is finalized, all the redundant ones will be abolished and all the extra personnel will be cut.”

"Third, reduce the scope of business. I have emphasized that Pan Pacific Group is a company focusing on energy and public utilities. The communications business originally under Enron's, papermaking, wood processing, coal mining and other businesses were all sold, making a profit. Sell ​​first. If the loss-making business still has value for rectification, it will be sold after rectification. It is worthless and directly abolished. In a word: to ensure the best interests of the company.”

"Boss, is the communications business going to sell now?" Jonathan Weir asked.

Guo Shouyun understood what he meant. With more and more voices about WorldCom's collapse, the Internet industry has really fallen to the bottom. If you sell the communication business at this time, you will not make much money.

"That's right. Enron's communications business is different from that of the original Southern Company. Enron's main focus is on optical fibers for the Internet, while Southern Company's focus is more on fixed-line telecommunications. With the current speed of technological progress, even if the Internet goes out of its trough, Enron will still be able to do so. The equipment purchased with huge sums of money is also outdated. Since we are not going to be deeply involved in the telecommunications industry, it is better to deal with it earlier and get back a valuable sum of money.”

"Understood!"

"Now, the Pan Pacific Group has three subsidiaries, namely Pan Pacific Power, Pan Pacific Energy Services, and Pan Pacific Energy Exchange. With the acquisition of Enron, the original administrative structure is no longer suitable. Now I It was decided to establish two new companies under the parent company, namely Pan Pacific Oil and Gas Company and Pan Pacific Capital Company."

“…all the power plants, power distribution, retail, maintenance, and power plant construction and maintenance businesses of the former Enron Corporation were merged into the Pan Pacific Power Corporation.”

“…The natural gas pipelines, natural gas distribution and retailing, and natural gas equipment maintenance under Enron were transferred to Pan Pacific Energy Services.”

"...The former trading department of Enron Corporation was included in the Pan Pacific Energy Trading website. From now on, the commodities traded on the website will be temporarily divided into seven categories: oil, natural gas, electricity, steel, metals, grains, and meat, excluding water and wastewater, optical fibers. , weather and wind direction management and other trading categories.”

"Boss, if that's the case, wouldn't it be inappropriate to call it an energy trading website?"

A young man with gold-rimmed glasses raised his right hand. Among all the executives present, John Roberts, who heads the Pan Pacific Energy Trading website, was the youngest.

This is also understandable. After all, the Internet is a new industry, and those who truly understand this industry are also young people. And John Roberts, a cronie who Guo Shouyun personally transferred from LinkedIn, is one of the best.

"It's really not suitable! Do you have any good suggestions?"

"Pan Pacific Commodity Network! Whether it's energy, grain or meat, they are all commodities in the end. At the same time, I propose a revamp of the new site. Simplify the homepage, set up secondary submenus, and classify each commodity Design a new layout with distinct layers, and introduce an on-site search system to optimize operability and humanization!"

Guo Shouyun nodded with a smile, "I approved your proposal, write a report to me after the meeting is over!"

"Yes!"

"John, I want to remind you! The Pan Pacific Commodity Trading website is fundamentally a place to exchange commodities and commodities. We want to provide the most complete services for both parties of the transaction, including financial services, logistics services, legal services, etc. .The core value we provide is always service, not simple exchange, and it's not like the original Enron company, which is doing futures for the purpose of trading, do you understand?"

"clear!"

"By the way, the financial cooperation with PayPal and Phoenix, especially PayPal, as a third party can ensure the safety and fairness of transactions, and also avoid the problem of handling fees for transfers between different banks."

If the meat is to be rotten in its own pot, it is to involve Internet finance, and PayPal is definitely the first choice.

“…As for logistics and legal aspects, you can cooperate with logistics companies and law firms!”

"Yes!"

Guo Shouyun nodded, "We continue the topic just now. Enron Oil and Gas Company, including all the oil and gas exploration, extraction, processing, storage and other businesses of the two companies, are all under the newly established Pan Pacific Oil and Gas Company. , CEO Corey Flewett."

As soon as the name came out, everyone looked at a middle-aged man in a brown suit and black-rimmed glasses sitting in the crowd. Corey Frevitt, whose name was called, was stunned for a moment. Even he himself did not expect that as a veteran of Enron, he could join the core decision-making circle of the new company. After all, the relationship between An Ran and the new boss is almost well known, and coupled with the undisguised disgust for An Ran's senior management in the other party's tone, he almost thought that he would be swept out of the house after the meeting.

Feeling the changes on the scene, Guo Shouyun smiled lightly and said to everyone: "I respect every talented person. As the old executive officer of Enron Group and the CEO of Enron Oil and Gas Company, Enron has The performance of the oil and gas company has steadily increased. The company's assets have grown from 1.5 billion in the beginning to nearly 8 billion. Mr. Freiwitt's contribution. Of all the people present, you are the most suitable leader for the new company. In addition, I also committed to invest $2.5 billion over the next three years to expand the business of the new company!”

Enron was able to grow from a small Houston company into a world-class energy giant. Although most of them are bastards, there are also some high-quality talents with both ability and political integrity. And Corey Frevitt is one of them.

"thank you boss!"

There was a hint of excitement in Corey Freiwitt's tone. Although it has been in the market for a long time, this feeling of being trusted and valued is always so touching.

"I will invest the money for you, but the personnel and organizational adjustments of the new company cannot be lacking!" Guo Shouyun said.

"clear!"

The latter nodded vigorously.

"Finally, Pan Pacific Capital, all companies under Enron that have nothing to do with the business of the previous four companies, are all included in the capital company. The capital company is responsible for rectification and sales."

Enron has more than 3,000 companies. These companies include not only power plants, oil companies, and pipeline companies, but also steel mills, paper mills, slaughterhouses, sewage treatment plants, and so on. There are too many miscellaneous companies. These companies are not within the scope of Pan Pacific's business, so the result of dealing with them is to sell them for money. And the most suitable person to handle these companies is Rebecca Mark, who is most familiar with Enron!

"Rebecca~www.wuxiaspot.com~ The new company will be appointed by you as the CEO, and you will also serve as the executive director of the company's board of directors, as well as the company's vice president, and have the right to supervise and advise on the head office's finance, personnel, and laws. "

Wearing a black lady's suit, with short ears and short hair, Rebecca nodded slightly. There was a ripple in his eyes. But the calm and serious expression on his face did not change in the slightest.

The eyes of the people around her were slightly complicated, because Guo Shouyun's words directly raised the other party's status to the third place after Guo Shouyun, the chairman and CEO of the board of directors, and the president Jonathan Weir. bit!

"Oh, yes. After the acquisition of Enron, the company's registered name was changed. Pan Pacific Energy Group and Enron merged into 'Enron Pacific', or 'Anping' for short!"

After a pause and let them digest it, Guo Shouyun continued: "Everyone, I will give you half a year to adjust your understanding and management structure. During this period, I will supervise and inspect your work ability. If your work ability If the results are not satisfactory to me and the board of directors, then sorry, you are not suitable for our company! So everyone, you have half a year. During this time, let me see your abilities. "

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like