Chapter 784 Initiating Acquisition

As for Brown, he was appointed as the Asian Special Representative of the European Investment Bank as he wished, and will be responsible for all investment cooperation projects of the European Investment Bank in Asia. Of course, most of the business of the European Investment Bank is still in Europe. Although there are projects in Asia, they are not many.

But at the same time, Brown was also appointed by the UN as a special envoy for peninsula affairs. On March 26 this year, a South Korean patrol ship exploded and sank in the western waters of the peninsula. In the end, only 58 of the 104 officers and soldiers survived.

On May 20, a military and civilian multinational investigation team composed of experts from many countries issued a report saying that the ship was likely to be sunk by a torpedo fired by a northern submarine.

It was also because of this incident that the situation in the region became tense again, and Brown became the special envoy for peninsula affairs this time, hoping to communicate with all parties and avoid the situation from developing into a more dangerous situation.

At present, Brown has left London and gone to Asia, especially after he resigned as the leader of the Labour Party. His two identities will become a good transition for him to seek the position of chairman of the International Monetary Fund after the Cain sexual assault incident broke out next year.

Of course, in essence, whether it is Brown or David Miliband, they have more of a cooperative relationship with Barron, and they certainly cannot be completely obedient to him like Barron's other company executives.

There is no way around it. After all, although the Devonshire family has a history of hundreds of years, Barron's situation is special. The family has not left him many excellent and loyal talents, and he needs to find them himself.

And heavyweights like Brown and David Miliband, even if they maintain considerable "respect" for Barron, how can they be said to be loyal? It's nothing more than a relationship of interest between each other.

Moreover, even for the many companies that Barron controls now, those managers cannot guarantee whether they have other thoughts.

For example, up to now, at least one-third of the companies controlled by Barron have replaced their presidents or CEOs. These people either have other choices or have some behaviors that exceed Barron's tolerance.

Just like Barron's intelligence agency, there is a special group responsible for supervising some executives of companies under his control, especially important ones like DS Group and West Africa Group. Barron needs to be aware of some of the changes, otherwise once there is a problem, it will be a big problem.

...

"We have officially contacted Motorola Mobility and made an offer to acquire them..."

Before Christmas, Barron learned the news during a call with Ivanta.

As early as October 25, Motorola had officially completed the split, split into Motorola Systems and Motorola Mobility, and listed and traded on the New York Stock Exchange respectively.

It can be said that at the beginning, investors were still optimistic about Motorola's split.

This can be seen from the trend of the two stocks. On October 25, the day when the two companies were listed on the New York Stock Exchange, both rose.

After all, whether from a business point of view, after the split, both parties can pay more attention to the development of their own business. In addition, before the split, Motorola also released some good operating data.

But the good times didn't last long. In the last two months of this year, many mobile phone brands launched new mobile phones, including smartphones from Apple, Honor Electronics and Samsung, which all achieved good sales.

The Android phones launched by Motorola still have no special features. As for the Droid X, which is specially equipped with the GOS system, Motorola has put a lot of expectations on it, but the sales are disappointing. It can be said that it ranks last in the recent new phone sales.

After all, even Google's investment in the GOS system has clearly shown a downward trend.

This is easy to understand. In order to launch the GOS system, Google has invested a lot of resources and spent a lot of money. However, except for the initial period when the GOS system was able to face the iOS and Android systems, it showed some competitiveness. Later, even Microsoft's Windows mobile operating system could not catch up.

This result is really hard to accept, and it is extremely inconsistent with Google's position in Internet technology companies.

Their "persistence" in the GOS system has also caused dissatisfaction among many investors. After all, it can be said that the high investment in the GOS system and the bleak current situation have directly dragged down the price trend of Google's stock.

In addition, at the end of the year, Motorola Mobility issued a profit warning for the fourth quarter of this year, indicating that the revenue in the fourth quarter was lower than expected, which may cause the loss to expand.

Under the influence of these factors, Motorola Mobility's stock price has fallen quite badly in recent trading days...

At this time, the bank consortium composed of IC Capital and Global Industrial Investment (GII) Fund contacted Motorola Mobility and prepared to make an acquisition offer, which aroused considerable interest among some investors.

Similarly, the management of Motorola Mobility did not react too strongly to this, but said - let's talk about it...

Of course, in the meantime, IC Capital and GII Fund have also quietly absorbed a certain amount of shares when Motorola Mobility's stock price fell. At present, the combined shareholdings of both parties are about 9%.

"The current market value of Motorola Mobility is about 7 billion US dollars. We tentatively offered a purchase price of 10 billion US dollars, which is already a premium of nearly 43%..."

In Barron's previous life, Google completed the acquisition of Motorola Mobility at a price of 12.8 billion US dollars. At the time, their price was as high as 63% higher than Motorola Mobility.

However, because Motorola now puts too much energy on the GOS system, it has insufficient investment in Android phones, which has caused Motorola Mobility's revenue to be quite different from the original time and space.

In the end, it also led to Motorola Mobility's market value being lower than it was at that time.

Therefore, the acquisition price of $10 billion offered by Ivanta on behalf of IC Capital and the GII Fund's cooperative bank consortium is relatively high.

Of course, the two parties still need to continue to contact and negotiate. The final acquisition price of Motorola Mobility depends on whether there will be other competitors willing to acquire Motorola Mobility at a higher premium than them.

Well, it's hard to say. Maybe this time Google is ready to go all out and spend a lot of money to buy Motorola Mobility. It's hard to say.

Although given Google's current situation in the mobile operating system business, this approach is really too reckless...

After all, if it is like the original time and space, when Google has the Android system and has occupied a considerable market share, such an acquisition still makes sense. Now...