Financial Times FT.com

Twists and turns in log of Treasure Ship’s journey

By Francesco Guerrera, Joe Leahy and James Politi

Published: July 14 2005 04:21 | Last updated: July 14 2005 04:21

To even the casual of observer, the men shattering the quiet of Hong Kong’s Island Shangri-La business centre in the small hours of March 30 looked agitated.

The tall one, Fu Chengyu, head of CNOOC, was reeling from bitter boardroom opposition to his plan to launch China’s biggest and boldest foreign takeover - a $16bn-plus acquisition of US oil and gas producer Unocal.

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