Chapter 2871 Falling Out
Feng Yiping was right. The scene that Cummins had been looking forward to was unlikely to happen.
At this time, in a coffee shop near Heathrow Airport, Peter Bauer and Mr. Luo were facing each other across a coffee table like two fighting cocks.
Facing Peter Bauer's finger that almost poked his face, Mr. Luo shouted, "I still have a fiduciary responsibility to other shareholders,"
"As the absolute controlling shareholder of Qimonda, I can now revoke your position on behalf of the board of directors," Peter Bauer also shouted.
Mr. Luo waved his hand, "Then, you hold the board of directors now, you hold it!"
As for the revocation and replacement of the board of directors of a listed company, of course, it is not something that Peter Bauer can just say, especially when they are both in the UK now.
This takes time.
Their dispute also lies in time.
Peter Bauer hopes that Mr. Luo can go with him to meet Feng Yiping as planned and roughly finalize the acquisition agreement, but Mr. Luo strongly insists that he should contact the new Chinese group and the new representative of Samsung before considering further contact with Feng Yiping.
For Peter Bauer, who was eager to get rid of Qimonda, Mr. Luo's insistence was another troublesome incident. But for Mr. Luo, Peter Bauer's insistence was a disregard for the interests of all Qimonda employees and other shareholders.
His words further intensified the dispute. Peter Bauer did not expect that this executive of Siemens, Infineon, and Qimonda was actually the same as a street rogue.
He was also angry, "I can cut off the financial support for Qimonda now and let you go bankrupt today."
Qimonda's situation is delayed every day, which is equivalent to burning Infineon's money.
"Then, you should be prepared to deal with the questioning of the two companies' boards of directors," Mr. Luo, who provoked Peter Bauer's anger, was very calm, "Qimonda will go bankrupt today, and Infineon will still suffer the most,"
He was threatening, a reverse threat!
Peter Bauer was so angry that his hands were shaking. He really wanted to splash the coffee on the table onto the gentle face opposite.
The two CEOs' tense dispute made their entourage stay away from each other. Some stayed outside the coffee shop, while others gathered in the back kitchen. As for the staff of the coffee shop, they were politely asked to leave.
Yes, they temporarily paid a high price to book this coffee shop so that the two CEOs could have a place for "discussion".
This would naturally be a considerable expense, but just like those 18th-tier actors, they are richer than most people and it is easier for them to make money. Even for Qimonda, which is supported by major shareholders and can go bankrupt at any time, such an expense is very insignificant.
But although Mr. Luo acted tougher and more willing to go all out than Peter Bauer, he was actually just trying to cover up his lack of confidence.
In terms of capital structure, Peter Bauer is his boss. How can an employee who almost ruined the company be tougher than the boss?
After a period of stalemate, he spoke up to break the deadlock, "Peter, look, Mr. Li from Samsung, the son of Mr. Li, will arrive in ten hours,"
"He must have brought the latest conditions from Samsung before he arrives, and before he arrives, I can contact the Chinese company further and fully exchange views with both sides. They are so eager to express their willingness to acquire us, and they must value us very much,"
"So, if we can extend the time by one more day at most, and if we still can't get a satisfactory result, then I will naturally come to London with you again to find Mr. Feng,"
"Why not?"
Peter Bauer listened to him quietly, and laughed twice at this time.
Mr. Luo heard the sarcasm in his laughter, spread his hands and shrugged, as if you can do whatever you want, as long as you are happy.
"Are you sure Samsung will bring us satisfactory conditions this time? Wake up! Have you forgotten their insulting offer three hours ago?"
"If they really have the sincerity to merge, would they make such an offer? Don't you understand their intention? They just want to ruin all our possible transactions and make Qimonda declare bankruptcy immediately,"
Mr. Luo immediately retorted, "We all know that Vice President Lee of Samsung Electronics is the future helmsman of Samsung. What do you think of his conversation with me?"
"He has clearly stated repeatedly on the phone that the agreement was signed because of the self-willed decision of that person,"
Peter Bauer was so angry that he finally shouted, "Shut up!"
"You still believe it now?"
They all know Samsung's corporate culture. With Samsung's character, how could such an important decision be completely decided by that person?
Of course, it was approved by the top management.
The reason why Vice President Lee said that was just to find a way out for both parties.
"Don't you understand? Why did we have to wait until we arrived in London before we received a call from Samsung? It's because they knew we took the initiative to contact Feng again and that we might be acquired by Feng, so they changed their minds again."
"If we were still in Munich at this time, do you think that Vice President Li would arrive immediately and Samsung would have such an attitude?"
"Can I speak?" Mr. Luo actually laughed at this time, "As you said, Samsung does have such a plan, but in business, we can't understand why they adopt such a strategy,"
"In any case, their conditions this time will definitely be more sincere. In that case, why can't we listen to their conditions before you decide to give Qimonda to Feng?"
"Based on the conditions that Samsung will definitely be more sincere this time, can't we negotiate better conditions with Feng?"
"Hahaha," Peter Bauer also laughed, and he stood up, "Luo, you still haven't learned your lesson. Have you forgotten what Feng said last night?"
"Still the same question," his voice suddenly became louder, "who do you think Feng is?"
"Yesterday, you asked him to wait for the person in charge of a third-level company from Samsung, and today, you asked him to wait for the person in charge of a second-level company from Samsung... Who do you think Feng is?"
Mr. Luo thought of Feng Yiping's outburst last night, and suddenly felt a little uneasy. The impression it had on him was so profound that he might never be able to let it go, and this was why he didn't want to see Feng Yiping again.
"Who do you think you are? Why are you so sure that after another day, Feng will still be in London and will still be interested in Qimonda?"
Mr. Luo gritted his teeth. "I stick to my plan." He looked at his watch. "The latest flight to Munich will take off in 40 minutes. For the benefit of Qimonda, I must go back."
He stood up and walked out, "Even when I was dismissed from my position as CEO shortly after I returned to Munich, I was willing to do so."
Peter Bauer didn't even bother to look at his back. When subordinates came in to ask for his opinion, he weakly waved his hand to let them go.
I also blame myself for not being decisive enough.
If a motion had been made to convene an interim board of directors last night, a new person in charge of Qimonda would have been replaced today.
…………
In Garden Street, Kensington Palace, after listening to Feng Yiping's rough explanation of the whole story, Cummins and the others shook their heads in disappointment.
"Can it be that by now, they still can't see Samsung's plan?" Cummins said, "At least Peter Bauer should know it, so Feng, I think, with Infineon's binding force on Qimonda, maybe things may not be Like you said,"
This guy still wants to watch a good show.
East also shook his head, "It sounds like the Chinese company just expressed an intention to them through phone calls and emails?"
"I heard that Qimonda will go bankrupt at any time. At a time like this, if they still pin their hopes on such an intention, it's no wonder that they are where they are today,"
Feng Yiping is not as optimistic as them. Whether it is Infineon's binding force on Mr. Luo or the new domestic competitors, he is not optimistic.
But there are some things that need to be decided now, "Everyone, are you ready to leave London tomorrow?"
Just then the housekeeper knocked on the door slowly, "Sir, Infineon CEO Peter Bauer is waiting at the door. He hopes to see you,"