Competitive Bidding and Acquisition: Chevron Case Study

Becky Price replaced her oil furnace with a propane furnace back in 2006, but the oil furnace’s pipes were still in place. Price canceled her contract for oil refills with High Pointe Oil Company, but there was a problem on November 2007, in which Price’s address was added to the list of oil fill ups and the truck driver filled up the oil pipes with 400 gallons of fuel oil which caused the destruction of Price’s house and her belongings. So, Price sued the company for the failure of not removing the oil furnace’s pipes, including for non-economic damages such as emotions and feelings.

Along with the benefits of the project, there are also numerous costs with Unocal moving forward with the natural gas project. Unocal knew that it was dealing with a corrupt government, so there was no guarantee that the money the government received from the project would be used in a way that would benefit the people in the country. The government officials may use the money for

4. What are the advantages and disadvantages of the 1987 buyout, viewed as a financial program?

The United States aerospace and defense industry is the largest of its type in the world.

a.How much business risk is associated with Sterling’s proposed acquisition of the germicidal, sanitation, and antiseptic products unit of Montagne Medical?

This initial lesson introduces the concept of acquisition planning and the decisions that take place during the strategy-making process. Most questions elicit a thorough explanation of the rationale for the response you provide. It is important to recognize that different responses to the same question may be appropriate depending on the

Two main risks need to be considered with this acquisition. The first risk is the contingent liabilities arising from Elson’s compensation and accumulated earnings from PTI’s interest-earning assets. Lane should provide the bank information on the accountant’s opinion on these contingent liabilities as rationale the bank’s valuation needs to discount them from their asking price.

Part 15 of the Federal Acquisition Regulations (FAR) “prescribes [the] policies and procedures governing competitive and noncompetitive negotiated acquisitions.” One component of negotiated acquisitions that occurs early in the acquisition process is the solicitation of proposals. FAR 15.201, titled, “Exchanges with Industry before Receipt of Proposals,” regulates the type and manner of communications, also sometimes referred to as exchanges, which can – and cannot – take place between the Government and potential suppliers prior to the receipt of a potential supplier’s proposal and the subsequent award of a contract.

Organisations around the world are increasingly operating in very dynamic business environments. Among the areas that are being monitored is the way raw materials for production are procured and how the finished products reach the market and eventually the consumer. This paper will provide a review of published documents on strategic procurement in organizations by providing a critical analysis of the strengths and weaknesses of their findings. The paper will present the impacts of the findings of the reviewed articles on the activities of an organisation that operates in a business to customer industry. And also a supermarket will be used in this case.

control, (4) purchase of assets below replacement cost, and (5) synergy. From the standpoint of society, which of these reasons are justifiable? Which are not? Why is such a question relevant to a company like CompuTech, which is considering a specific acquisition? Explain your answers.

The bid was eventually dropped due to a month long political debate on whether China, a rising resource power and consumer should be allowed to take one of the US’s oil manufacturing companies. Until CNOOC weighed in with an unsolicited US$18.5 billion cash offer, it appeared that Chevron's $16.6 billion bid for Unocal would be an easy win. The Chevron acquisition had already gained approval from Unocal's board, pending a stockholder vote, but CNOOC's offer sent the deal off course. During a meeting, Unocal's board rejected CNOOC's offer in its present form, but the decision was not final. Experts at the time believed that Unocal's board was trying to play the two sides off against one another, wanting to get them to raise their bids. The consumer rates of energy will only continue to rise; a quick game of pick up sticks and scramble of the leftover energy producing sites and company will most definitely eventually ensue. In 2006 (this book was written in 2009) The US had the highest primary energy consumption with a total of 2361 tonnes of oil equivalent (TOE). China wasn’t to far behind with 1729

This report analyses Oceanview Development Corporation’s decision in submitting a bid to purchase property that will be sold by a sealed bid. The findings and insights were based on the use of the expected value approach while taking into consideration the risk analyses of the selected recommendations. Comparing the expected values in both cases when market research is employed as well as when it is not employed, the optimum decision recommended would be that which has the highest expected value given the several states of nature (conditions).

Chapter 7: Merger and Acquisition Strategy ---- House of Tata: Acquiring a Global Footprint (written by Tarun Khanna, Krishna G. Palepu, and Richard J. Bullock)

4. Using Exhibit 4B evaluate the proposed acquisitions. Would you recommend purchasing all of the licenses? Why or why not? Explain Briefly

This case study is a 2003 M&A deal simulation that occurs between Blackstone and Celanese. This is case presents the concerns of the Celanese and its side of the view of the deal.