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Text Chapter 216 Merrill Lynch Investment Bank

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    In addition, Merrill Lynch itself also controls and invests in some promising companies, such as ADI (American Analog Devices), which was included in their pocket.

    The semiconductor industry has been enduring for decades, but because there has been no new breakthrough point, the well-known semiconductor companies such as ADI, STMicroelectronics, or Tamura Electronics have not been doing well in recent years.  It is because of the recent trend of mobile phones becoming smarter that ADI's marketing revenue has increased.

    In the previous life, MediaTek took advantage of the residual power of mobile phone chips that swept China. After making huge profits this year and next year, it will start negotiations with Merrill Lynch in the second half of next year, and finally settles with about US$400 million.  Price, acquired assets and teams related to ADI's wireless communication chip products.

    Calculated at 400 million U.S. dollars, it is about 3 billion yuan, and that was the price at the end of 2007. At that time, Qiao Bangzhu had already started the era of smartphones, and ADI had already risen a lot. If it were acquired now, it might be able to  It was won at a price of about 2 billion yuan.

    Xiao Qi has one billion US dollars in hand, and spending 300 million US dollars to buy ADI is definitely a profitable business, because he knows that if ADI had not provided technical support for MediaTek's wireless chips, MediaTek would not have been able to survive in the 3G era.  Continue to monopolize the low-end smartphone market in mainland China.

    Buying something from Merrill Lynch is definitely much more convenient than buying it from a company, because as long as Merrill Lynch makes money, they don't mind selling it to others. It's very refreshing.

    There are many deputy managers in the investment management department who are responsible for this aspect of operations. As long as the price is right, these deputy managers will quickly give accurate answers.

    Originally thought that this acquisition would not be difficult, but Xiao Qi had just met Danze, the deputy manager of the investment management department at Merrill Lynch Bank headquarters, and gave Xiao Qi a warning.

    Danzig is about forty years old, with a typical Slavic face, clean shaven, thick hair wax on his head, rich cologne sprayed all over his body, and very sharp eyes.

    Seeing Xiao Qi and Anthony entering his office, Danze shook hands with him calmly and returned to his desk.

    "Mr. Xiao." Looking at the previously registered information, Danze said calmly: "You still have ten minutes to tell me your purpose."

    Xiao Qi looked at his indifferent eyes and had a bad feeling in his heart, but he still handed over the plan he had made, "Manager Danze, this is the wireless chip department of ADI, a subsidiary of Merrill Lynch, that I want to acquire.  Please take a look at the plan."

    Among the various departments of Merrill Lynch Bank, the division of labor is very detailed. Danze is a full-time deputy manager of electronics-related categories, so he is naturally familiar with ADI.

    He calmly took the plan and flipped through a few pages at random, then put it down, "The price you proposed is to acquire ADI's wireless communication chip-related assets for US$250 million, as well as their R&D team?"

    "Yes."

    "This price is too cheap." Danze refused without thinking: "If you are willing to pay 500 million US dollars, it is not impossible for us to talk."

    Xiao Qi couldn't help but frowned, "Manager Danze, as far as I know, the revenue of the entire ADI wireless communication chip department was 180 million U.S. dollars the year before last, and only 170 million U.S. dollars last year. I bought it with 250 million U.S. dollars in cash.  , it¡¯s already a big premium, why would you say such an unrealistic price of 500 million?¡±

    European and American people often speak very straightforwardly when discussing business, so Xiao Qi is not afraid to point it out directly.

    Danze shrugged, "If you want to buy it, it proves that you know the benefits of wireless chips, so naturally you can't calculate it at an ordinary price. You Chinese people are rich anyway."

    Danze is very good at doing business, and when he says this, he seems to be raising prices on the ground.

    Xiao Qi didn't care about bargaining, but he was disgusted with his last sentence, "Manager Danze, not all Chinese people are rich, and our money is all earned through hard work. If you think rich people are  If you deserve to be slaughtered, then if Bill Gates comes, you have to ask for 10 billion US dollars from him?¡±

    Danze smiled coldly, "Mr. Gates is the pride of our United States, but he cannot be compared to you yellow people."

    The word "yellow race", in American English, carries a bit of discrimination. Although it is not as obvious as yellow-skinned monkeys, the contempt is still evident in the words.

    Anthony, who saw his boss being made things difficult for him, had never had a chance to show off. At this moment, he immediately said: "Mr. Danzig, please pay attention to your words, otherwise I will complain to your boss about your racial discrimination! I think reporters also  I would be very interested to see Merrill Lynch, which is known as a global financial services provider.??There's racist news.  "

    Danze looked at Anthony and said nothing, but the contempt in his eyes did not diminish.

    Xiao Qi was not angry, and said calmly: "So, you are not planning to sell ADI's wireless communication chip department?"

    Danze nodded and said, "Yes, at least for now, at your price, we have no intention of selling it."

    "Can you represent Bank of America Merrill Lynch?" Xiao Qi asked further.

    A look of ridicule flashed through Danze's eyes, "Mr. Xiao, at least in terms of my approval, your leather bag company registered in the Cayman Islands will never pass because you have no ability to develop ADI.  , as an owner, I don¡¯t want to destroy ADI¡¯s wireless communication chip department after selling it to you.¡±

    This is what makes him fearless.

    Qicai Investment really has nothing now. It is not an exaggeration to say it is a handbag company. No matter what Xiao Qi says about his future plans, he cannot change the current embarrassing situation.

    But this is not the real reason why Danze does not sell ADI. He simply looks down on the Chinese and is unwilling to sell such a high-tech company to the Chinese, so he makes this excuse.

    Xiao Qi knew this, but could not refute Danze's selfishness.

    Because many companies in the United States are like this. They look down on the Chinese who only make cheap products, and think that only white people are the first class.

    Since you have such a bad attitude, don¡¯t blame me for climbing on Merrill Lynch¡¯s shoulders!

    The young man who originally had no intention of using that move suddenly made a decision in his mind.

    After his thoughts flashed away, Xiao Qi laughed, "Then, Mr. Danze, let's play betting!" (To be continued. Please search Piao Tian Literature, the novel will be better and updated faster!)
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