Chapter 2894: Too Clever to Scheme
Mr. Luo, who was confused about the situation, didn't bother to talk to Peter Bauer for a while, "Li, what's wrong with you?"
President Li was really gritting his teeth when he heard what Mr. Luo said. You still ask me what's wrong?
He has never made such a big fool of himself since he was a child. Looking at the guy in front of him who looks like an actor in a movie or TV series, he really wants to curse him regardless of his image. He is really incapable of doing things but more likely to cause trouble. No wonder Qimonda is like this now.
Thinking of his strong sense of uneasiness at noon and Mr. Luo's leisurely attitude, he wanted to slap the face in front of him out of his sight with a slap - slapping is also their family's unique skill.
Mr. Luo keenly noticed the malice of this second generation. You just resumed importing American beef, and you have problems with it again?
He stepped back cautiously, motioning to his own people who were also confused, and asked, "Could it be that something happened to your group? Sorry, we just let you stay for less than three hours longer."
He remembered the excuse that President Li made in the morning. Could it be that it was not an excuse, but the truth?
It can't be that while you were busy acquiring us, you also went bankrupt, or, he looked at President Li with some malice and thought, is it that your old man suddenly, there is no hope?
Haha, either way, it's wonderful!
Looking at the gloating look that suddenly appeared in President Luo's eyes, President Li thought, is this guy crazy?
Three hours, just? He was too lazy to talk nonsense with him for a while.
Don't you know what consequences have been caused by delaying these three hours?
If you respond positively when my secretary calls you and arrange the signing immediately, then there may be a chance to save the situation.
The atmosphere was a little weird for a while. The agreement had just been signed, and the two companies should have merged into one. Originally, it should have been like a wedding, with everyone happily affectionate.
But now, the groom suddenly disliked his wife who had just sworn an oath in the church for no reason, and called like crazy, causing the other party who had no idea to call like crazy.
Mr. Luo's secretary hurriedly ran out of the meeting room, and soon ran in with a document. Mr. Luo looked at him and said, "I'm fine, so it's us who failed?"
So the agreement just now is invalid, and Samsung is so dissatisfied?
But this is also impossible! We failed, how could Samsung know it earlier than me?
Besides, how could we fail? Didn't Infineon still allocate funds to deal with it?
He snatched the document from his secretary, opened it, and was stunned. "The latest news from Bloomberg, today, Feng Yiping officially acquired a stake in Infineon, a well-known European semiconductor company. The two parties decided to launch all-round cooperation in the fields of automotive chips in the future... At 13:00 noon, the two parties signed the relevant agreement in London,"
"Both parties believe that Infineon, a world-leading semiconductor company, will work with Tesla, a global leader in electric vehicles, to help the electrification, intelligence, and networking of the automotive industry..."
With extreme trepidation, he quickly skimmed through these and looked at the next content. Suddenly, he felt a little dizzy, "...At the same time, Feng Yiping officially acquired 77.5% of Qimonda's shares held by Infineon, which actually means that Qimonda, which is on the verge of bankruptcy, has finally found a real buyer,"
"As a company listed on NASDAQ, according to relevant laws, this has constituted an agreement to acquire Qimonda..."
Boss Luo held the folder and stared at his secretary. How could this be possible?
"It's true," the secretary whispered in response to his murderous gaze, "I just contacted Infineon, and Mr. Bauer is in the UK right now,"
Mr. Luo suddenly felt a sweetness in his throat. He understood why he couldn't contact Peter Bauer and his secretary at around 11 o'clock in the morning, because they should have been preparing intensively at that time, and maybe they were on the plane at that time.
Other people also found relevant information one after another at this time. Mr. Luo saw a photo of Peter Bauer and Cummins smiling and shaking hands in front of the camera on the secretary's HTC smartphone.
Peter Bauer, you are cruel!
You also told me that you would be contacted after 1:30 in the afternoon, but you had already signed a contract with them before 1 o'clock... No, Feng Yiping, you are really cruel!
He believed that this must have been instructed by Feng Yiping.
He stood there with his eyes closed, and his mind quickly pieced together the threads that led to the current outcome. At the earliest, on the night when Peter Bauer followed Feng Yiping back to the Hilton Hotel in Munich from the foot of the Alps, or at the latest, on the night when Peter Bauer attended Feng Yiping's New Year's Eve dinner in London, they should have reached a consensus on the acquisition of shares in Infineon and the transfer of Qimonda's equity.
At the earliest, on the day when he and Peter Bauer flew to London, or at the latest the next day, they should have made emergency contact with the Infineon team in London to quickly reach an agreement on the acquisition and transfer.
Of course, it is not ruled out that his insistence on returning to Munich that day strengthened Peter Bauer's determination, so he kept it secret from him so tightly...
He opened his eyes and looked at President Li. He finally understood why Samsung reacted like this, "I'm sorry, Li, but don't worry, I will definitely make our agreement effective. You see, Feng's bid is lower than yours,"
Feng Yiping's bid was indeed lower than Samsung's. The transfer of Qimonda shares held by Infineon was only $387.5 million, which means that his total bid was only $500 million, which was 60% less than Samsung's $800 million bid.
"They made such a decision without asking for our opinion. This..."
"Lawsuit?" President Li said coldly.
Of course he knew this clearly, but given that the $800 million they promised would be paid in batches, in fact, the investors holding the remaining 22.5% of the shares might be more inclined to Feng Yiping's $500 million offer.
Besides, Infineon, which was so badly dragged down by Qimonda, gave its shares to a third party for free, which meant that the transferee also promised to assume the corresponding debts, which was not difficult to understand.
Moreover, how much cash did Infineon get from Feng Yiping at this time? That was close to $2 billion.
The transfer of Qimonda's shares was $400 million, and the transfer of 14% of the shares to Feng Yiping was another $1.5 billion.
At this time, with $1.9 billion in cash coming in all of a sudden, President Li believes that Infineon's stocks listed on the New York Stock Exchange and Frankfurt will rise sharply today.
Perhaps because of this, they don't need to take the initiative to delist their stocks from the New York Stock Exchange, that is, this European semiconductor company, which is also in crisis, has directly walked out of the haze.
Compared with Infineon's current total market value of less than 1 billion euros and Infineon's situation in the next two years, Feng Yiping's offer can be considered quite generous.
With Infineon's support, do you still want our agreement to take effect? This is just as ridiculous as someone saying that in today's Samsung, my words are more effective than my father's words.
President Li also has a guess. The news said that they signed the contract at 13 o'clock, but is it possible that they had already signed the contract, and the reason why they announced it to the public at this time that it was 12:30 is probably their bad taste.
After his secretary called in the morning, Samsung and Qimonda signed the contract at 11:30, and they could also announce it to the public at the same time, that is, when they just signed the agreement, that they officially signed the contract at 11 o'clock...
For some reason, he was sure that Feng Yiping's side would have such a bad taste - he guessed it right, it was true.
In the early morning of yesterday, they had reached an agreement with Infineon, and the relevant news had been handed over to Bloomberg, but Feng Yiping specifically instructed that it must be released to the outside world before Samsung was about to sign the contract.
Let me be so uneasy during the Spring Festival, and give you a small blow, isn't that what I should do?
President Li took the signed agreement and said coldly, "I'm sorry, the current situation is enough,"
The next moment, the agreement was torn in half by him.
"Li, you..."
The agreement is now divided into two halves, "Samsung, I'm not interested in playing games with you anymore,"
Thinking of his previous calculations, he inexplicably felt a little funny, haha, he thought he could attack or defend, but he didn't know that from the beginning, he was already a losing end.
What was Feng Yiping doing at this moment? Was he mercilessly mocking us?
After a wealthy family, he was the one who was the most wealthy. Soon, he tore the thick agreement into pieces like a shredder. With a wave of his hand, the pieces fell to the ground one after another. It looked really nice...