Chapter 292: Professionals

As the head of Standard Chartered's South Island division, George sees the acquisition of ARM as a very risky affair.

In the world of capital, acquisition has never been a simple matter.

If Du Jiayi wants to buy ARM strongly, it may be countered by the founder's family. When a company encounters a hostile takeover, especially when the acquirer's shares have reached 10% to 20%, in order to maintain its controlling stake, the company will issue a large number of new shares at a low price, with the aim of reducing the proportion of shares in the acquirer's hands (diluting the equity), and at the same time increasing the acquisition cost, so that the acquirer cannot achieve the goal of control.

Once adopted, the poison pill program will have at least two effects: first, it will have a deterrent effect on hostile takers; Second, there will be fewer acquirers interested in companies adopting the program.

A large part of ARM's equity is in the hands of the founder's family, and the annual profit is enough for them to live an aristocratic life, and there is no need to sell it at all, and the poison pill plan is a trick they will definitely use.

At that time, even if Du Jiayi mortgages Yijia Group to the bank, those funds may not be able to fill the new shares that continue to be issued.

"So what do I need to do to get access to their company's core technology?" Du Jiayi asked puzzled.

George smiled.

"If it's just about acquiring the relevant technology, there's no need to buy the whole of ARM."

"Oh?" Du Jiayi didn't expect that the George in front of him would have a way.

"ARM's main market is concentrated in the field of mainframe computers and supercomputers, and in the personal computer market, it occupies a very, very small market, and there is almost no profit under the suppression of Intel."

"Even though there's a lot of profit every year, their technology barely goes in, what it was in the last century, and it's still what it is now," George said. ”

"As long as you don't touch their cake, it's not really hard to buy some technology from them." George said proudly.

"What I need is a full set of technology!" Du Jiayi said emphatically.

"No, no~" George shook his head.

"In fact, there are a lot of things designed for chips and related designs, and many things can be handled by mainland technology, and the most important thing is just a few core patents."

"If Mr. Du entrusts us with the relevant affairs, we can buy all the relevant technology within three months."

Du Jiayi knew very well that this was George making a request.

Since George said that he could get the patent, he definitely has something to rely on as the head of the South Island distribution of Standard Chartered Bank.

"And what do you want?" Du Jiayi asked.

George's eyes lit up, it seemed that this Mr. Du was still quite good. It's more appropriate to negotiate terms with smart people and go straight.

"If my guess is correct, Mr. Du should be in urgent need of chips and motherboards to develop smart mobile devices, right?"

George's words shocked Du Jiayi's heart.

The concept of smart phones, Du Jiayi has only mentioned it in front of a few people, and even in front of Daikin's claim, he has not explained all the functions and accessories. The appearance of Yijia Electronics' first smartphone only exists in Du Jiayi's brain.

"Mr. Du still underestimates the power of capital, don't forget that Standard Chartered Bank's main business is in Asia, Africa and Latin America, and North America is also the main business scope."

"Not long ago, the fruit company set up a project team to develop related smart electronic products."

"I think Mr. Du should be very interested in this news."

Du Jiayi sighed in his heart.

At the beginning, it was still too reckless, and without any investigation, he ran to the headquarters of the fruit company to find the president Qiao Busi. Who would have thought that Du Jiayi thought that the music payment website that was stable had been developed by others a long time ago, but it was his own rashness that aroused Qiao Busi's curiosity.

Yijia Electronics, which was established by Yijia Group, is not a secret, and those who are interested will know it when they check it. Combined with the LCD screen and touch technology that Du Jiayi needed, Qiao Busi had a new idea.

If Du Jiayi hadn't run to Qiao Busi and talked nonsense, it might take some time for the fruit company to develop smart devices.

"Indeed, we are preparing a cross-era electronic device, and the core technology of chips and motherboards is very much needed." Du Jiayi knew that George definitely knew a lot of things, so he simply admitted some of them generously.

George didn't break the casserole to ask the end, mentioning the fruit company, just to give Du Jiayi a sense of oppression and make his conditions easier to agree.

"We can take responsibility for obtaining patents from ARM, but correspondingly, we want to give Yijia Group a part of the loan."

Banks in the mainland are subject to administrative supervision, and there are strict requirements for lending or not lending. In particular, a large number of loans have basically tightened after the turmoil in the magic capital. Unlike the mainland, the financial sector in the South Island is highly competitive, especially the name of the former Asian financial center, which has brought a huge amount of capital and an unprecedented impact on the financial industry.

It's not that there are no local loans, but that there are very few companies that are eligible for loans. In the South Island, where financial rules are relatively perfect, there is a strict record of integrity, and companies that do not meet the requirements cannot borrow at all.

However, well-developed enterprises do not need to take on a large amount of loans, which will increase the burden on enterprises.

Yijia Group, on the other hand, is in a period of rapid expansion and has good profit prospects, making it a very suitable company to invest in. Standard Chartered's best thing is not investment, but lending, specifically to good businesses.

It's like ARM many years ago, giving a big loan. The development of the enterprise will not be smooth sailing, and there will always be some setbacks.

At that time, this expensive loan enterprise must not be able to repay, so it can be directly converted into shares of the enterprise. Compared with the direct investment bank, Standard Chartered Bank is more moderate and more subtle.

If the company doesn't mind, Standard Chartered will also make additional loans. Naturally, everything is built on the business with good prospects. Standard Chartered Bank has existed for more than 100 years, and its unique investment method has not only won profits for it, but also reduced a lot of resistance.

Compared with the ugly appearance of many banks, the image of Standard Chartered Bank is more gentlemanly.

George's purpose was to conspire and not cover it up at all. Being able to get a large loan, of course, Du Jiayi will not object. After all, Du Jiayi is full of confidence in his business, and this loan will definitely not go as George wants. (To be continued.) )