Chapter 830: What comes together must separate

"According to the information we have received, the FBI in the United States and the Serious Fraud Office in the United Kingdom have both launched investigations against Mike Lynch..."

Today, after Barron had breakfast, Nigel Inkster came to his residence and reported to him the latest news about the lawsuit between HP and Mike Lynch.

As mentioned before, last year, Mike Lynch, the technology entrepreneur known as the "British Bill Gates", sold Autonomy, a technology company he founded that uses a unique algorithm to search for information, to HP, which wanted to transform, for a high price of $11 billion.

Some time ago, HP accused that after an internal investigation, it was found that Lynch and Stephen Chamberlain, then the company's vice president of finance, and other senior executives used means to artificially raise the company's valuation, causing HP to suffer huge financial losses.

HP immediately wrote down its market value by $8.8 billion, mainly due to the losses caused by this acquisition.

In fact, when HP announced that it would acquire Autonomy for $11 billion, it caused an uproar in the IT industry, and it was generally believed that the price was too high.

Of course, the premium for this kind of acquisition price can be high or low, and it all depends on the value of the acquiring company.

If the technology or business in this area is particularly needed, it is normal to give a high premium for the acquisition.

But after the acquisition, whether it can really meet the expectations of the acquirer is uncertain - in many cases, there are only a few acquisitions that are really worth the money.

In this acquisition by HP, the management of Autonomy must have made HP believe that the company has great potential in order to obtain such a high acquisition price of $11 billion.

As for whether Mike Lynch and others committed fraud in it...

Judging from the results of Barron's previous life, the lawsuit lasted for more than ten years, and the American side still ruled that Mike Lynch and others did not constitute fraud, which means that the FBI and the British Serious Fraud Office did not have a definite investigation result.

And Mike Lynch's legal team is also powerful enough.

Earlier, Digital Future Investments, a subsidiary of Caesars Fund, invested in Autonomy and held 25% of its shares, which also enabled them to obtain $2.75 billion in the cash acquisition of HP, which can be said to be a huge profit.

Therefore, although Baron did not have much involvement with Mike Lynch in personal relationships before, he would not refuse to help them with the troubles they are facing now.

As for the "physical elimination" directly targeting him later, it was not within Baron's consideration.

...

Speaking of which, in the field of financial investment, the companies currently controlled by Baron, including DS Group, Standard Chartered-Merrill Lynch Group and William-Weber Capital, are still in the honeymoon stage with American Capital represented by Vanguard Group and BlackRock Group.

They have cooperated in many fields-as the world's largest asset management companies, they will inevitably hold shares in many companies.

Especially Standard Chartered Merrill Lynch, the funds they currently manage have exceeded 3.5 trillion US dollars. In terms of scale, although it is not as large as BlackRock Group - after all, BlackRock Group has received strong support from the United States and manages most of their domestic pension funds and public funds. The scale of funds it manages has exceeded 5 trillion US dollars!

But Standard Chartered Merrill Lynch Group is already ranked among the top three in the world in terms of the scale of funds it manages.

The financial industry does make money. It can be said that most of Barron's current profits come from his financial investments - and the capital from the United States is harvested globally through the financial industry.

Or broadly speaking, in terms of Barron's financial business, it is already difficult to separate it from the capital of Wall Street - is Standard Chartered Merrill Lynch Group a British company or an American company?

For this kind of financial capital, there is no very specific concept of the country. In order to make money, you can go anywhere in the world.

But in the same way, Barron is also very sober and knows that in addition to financial investment, specific manufacturing and other real industries are also very important.

Barron is still in the honeymoon period with Vanguard and BlackRock. This is because, although there is no friction between him and the other party in the real industry, the interests involved are still not of the same order of magnitude compared to their cooperation in finance, so they are also within the scope that both parties can tolerate.

For example, in other industries of Barron, only basic industries such as energy and electricity can make stable profits...

For example, Internet companies such as Woaw have high valuations, but their profits also need to be invested in research and development and expansion; companies such as O2 Telecom and Argos Retail Group are also like this...

Even British Motor Group is still in the stage of using funds obtained in the financial field for investment...

Therefore, in the real industry, the only companies that compete with American capital are Alstom and Honor Electronics.

These conflicts of interest are still within the limits that both parties can tolerate.

But as Barron continues to acquire and expand the real economy, I believe that sooner or later, the conflict of interest between him and the other party will exceed the limit of tolerance, and confrontation will break out...

It may even come earlier-because not only Barron, but with the industrial upgrading of China, the lucrative high-tech industry will become more and more crowded.

On the other hand, within the United States, there are two major interest groups, the Jewish group and the Anglo-Saxon group.

Before this, the Jewish group occupied a major share in the financial and media fields, while the Anglo-Saxon group controlled the political, military and energy fields...

Therefore, in the financial field, the Anglo-Saxon group needs to cooperate with the Jewish group to obtain the interests of the industry.

But after Barron appeared, with his orthodox Anglo-Saxon origin, after entering the Wall Street financial industry, he gave the Anglo-Saxon group in the United States another choice of cooperation-for example, the Kennedy family, the Bush family and other American political families began to cooperate with him more and more deeply in the financial field.

Although the current scale of cooperation between the two sides is not very large in the entire Wall Street financial field.

However, these collaborations are still developing and expanding, and will inevitably arouse the vigilance of Jewish capital.

The general trend of the world is that after a long period of division, there will be unification, and after a long period of unification, there will be division.

This can also be applied between these capitals. Therefore, Barron has already begun to prepare for future conflicts and is waiting for that day to come.