Chapter 257 Huawei is going to be sold?
Maxi temporarily lives at Ye Dongqing's house for the jet lag. She didn't sleep well last night. After nearly a month of vacant luxury apartment in Puchuan Building, someone finally lived in again.
Even if the island next to Long Island has been renovated, Ye Dongqing did not intend to sell the apartment. It is on the upper floor of Tamsui Investment Group, and it is on Fifth Avenue, located in the core area of Midtown Manhattan. It may not be comfortable to live on the island, and it will be more lively after all. It will not take more than 20 minutes to drive a car to buy a bottle of soda, and plan to stay on both sides.
He doesn't manage Chad's housework for the time being. He still has business matters. After coming to Tamsui Investment Group, he plunged into piles of documents to approve financial reports and tax statements, etc., all of which require the company owner to sign. Signing is not troublesome, but it is troublesome to review it, so you don't need to read it carefully one by one, but you still need to understand the general situation.
As time entered 2004, the Tamsui Investment Group was different now than last year. The main business was still various investments, mainly investing in various Internet companies, spending accounting for half of the total assets under management. An Apple company invested nearly 2 billion US dollars. In addition, there were corporate bonds and treasury bonds, leaving a portion of cash, about one billion US dollars, and some money was invested in the commodity trading market, mainly referring to crude oil futures.
Since Ye Dongqing built a position, his current profit scale has hovered around 700 million US dollars. After experiencing the last soaring, it is necessary to lay the foundation for the next wave of market. The overall fluctuations in oil prices in the past two weeks are not large, and the long-term rise is expected. Ye Dongqing has the patience to wait slowly. A professional team in the company helped him pay attention to all the trends in the crude oil market for 24 hours. After reading the information, he found no problems for the time being.
Among the piles of documents, he saw a relatively interesting record. At this moment, he carefully read the folder in his hand. He was surprised to find that in January, Motorola actually signed a $7.5 billion acquisition contract with the Huawei he knew. Motorola tried to acquire Huawei as a whole. The document only recorded this news and did not describe the later progress.
This surprised Ye Dongqing. In my memory, this company should not have external shareholders. All shares are concentrated in the hands of Huawei executives and employees. This is also one of the reasons why Huawei is highly excluded in the future. If there is Wall Street capital or a Silicon Valley company holding a large amount of Huawei shares, the situation will definitely become different. Most of the time when opening up a global market, it will probably not encounter such strong resistance.
However, the document in his hand clearly records the news that Motorola is about to acquire Huawei as a whole. Ye Dongqing is not sure whether this happened in his previous life, but it is indeed possible now. He was surprised by this and hurriedly called the secretary team to ask them to help collect all the news about the acquisition, especially the recent transaction trends. To be honest, he is more interested in this company, but he already owns so many shares in Apple, and it is not necessary to invest. If possible, it would be a good thing to acquire some shares through financing.
In this era, Huawei was almost sold, with a price of about 7.5 billion US dollars. The transaction has come to an end, and the new Motorola CEO who has just taken office nodded in agreement.
Huawei is not the Huawei in the future. Its mobile phone business has not yet been launched. Its competitors are mainly Cisco, the United States. In the lawsuit with Cisco, he was almost overwhelmed. His business was lukewarm and he was still profitable. His influence was not much. He was just an ordinary technology company.
Ye Dongqing quickly received feedback, and his subordinates told him that in January this year, Mr. Mike Zafirowski, chief operating officer of Motorola and Larry Chen, who was in charge of China's business, had negotiated the acquisition with Huawei's general manager on South China Sea Island. However, before the transaction was completed, Mike Zafirowski resigned from the position of CEO of Motorola Group, mainly because the failure to release the new mobile phone as scheduled during last Christmas, resulting in a sharp fluctuation in Motorola's stock price. In addition, the annual performance growth failed to meet expectations, forcing this guy to voluntarily resign to appease the board of directors and the majority of shareholders.
He was not polite to Mr. Bernard Madoff's junior because the other party was a little beautiful woman. He lit a cigar and crossed his legs, and his tone was slightly impatient: "Tell me the key point directly, how is the progress of this transaction now? Motorola's new CEO is still planning to acquire it?"
Elizabeth Madoff has successfully come to Tamsui Investment Group for internship through Bernard's old relationship. Because Ye Dongqing was not in New York for a long time some time ago, the two did not meet many times. Including the last time they met, this is only the second time.
She paused a little and then said: "No, according to the information I just learned from the consulting company, the senior executives of Motorola Group do not seem to agree with the transaction. The project has been temporarily put on hold. They believe that too much cash is required in the acquisition. The recent funding of Motorola Group does not seem to be very good, and they plan to focus on the mobile phone business."
"Ha! This is amazing!"
Ye Dongqing was really happy. Although the process had been changed, he did not know whether Huawei would develop into a communications industry giant that could compete directly with Cisco, just like the Huawei in his memory. This did not prevent him from having a sudden idea and trying to intercept the Huawei executives halfway and try to contact Huawei's senior management to see if he could get some shares.
When I was inspecting Pengcheng, I subconsciously thought that Huawei would not accept financing from the United States, so I never talked to them at all. But at this moment I found that things were not as simple as he imagined, so I started to think about it and prepared to buy another potential stock.
He pointed to the small wine cabinet and asked Elizabeth Madoff to help him bring a bottle of beer. He continued to say, "Thank you, go and help me find Mr. McCord, and help me confirm this news from Motorola. There should be publicly disclosed information, right? Motorola is a listed company. Please tell me after the confirmation is correct."
Long before Elizabeth came to work, Madoff had a special talk with this Jewish girl. It was not that she had bad intentions about Ye Dongqing, but the old man hoped that she could successfully take Ye Dongqing.
Chapter completed!