Chapter 206: Merrill Lynch Investment Bank

In addition, Merrill Lynch itself also controls and invests in some promising companies, ADI (American Analog Devices), which is how they are included.

The semiconductor industry has endured for decades, but because there has been no new breakthrough point, whether it is ADI or STMicroelectronics, or Tamura Electronics and other well-known semiconductor companies in recent years, it has not been very good, that is, the recent trend of mobile phones has been intelligent, so ADI's marketing revenue has increased some.

In the previous life, Baodao MediaTek swept Huaguo's mobile phone chip Yu Wei, after earning huge profits this year and next year, in the second half of next year, it will start negotiations with Merrill Lynch, zuihou at a price of about 400 million US dollars, acquired ADI's wireless communication chip products related assets and team.

400 million US dollars, that is, about 3 billion yuan, and that was the price at the end of 2007, when Qiao Gang had already started the era of smart phones, ADI has risen a lot, if it is acquired now, maybe it can be won at a price of about 2 billion yuan.

Xiao Qi has a billion dollars in his hand and spends 300 million US dollars to buy ADI, which is definitely a profitable business, because he knows that if ADI does not provide MediaTek with the support of wireless chips, MediaTek will not be able to continue to monopolize the low-end smartphone market in China in the 3G era.

It is definitely much more convenient to buy something from Merrill Lynch than from a company, because as long as Merrill Lynch is a money-making thing, they don't mind selling it to others, which is very refreshing.

In the investment management department, there are many assistant managers who are responsible for this aspect of operation, as long as the price is right. These assistant managers will give accurate answers very quickly.

originally thought that there was no difficulty in this acquisition, but who knew that Xiao Qi had just met Danze, the deputy manager of the investment management department of Merrill Lynch Bank headquarters, and gave Xiao Qi a dismissal.

Denzer was about forty years old, with a typical Slavic face and a cleanly shaved beard. He was smeared with thick hair wax on his head, sprayed with rich cologne, and his eyes were very sharp.

Seeing Xiao Qi and Anthony enter his office, Dan Ze shook hands with him very calmly and returned to his desk.

"Mr. Xiao." Looking at the previously registered information, Dan Ze said indifferently: "You still have ten minutes to tell me your purpose." ”

Xiao Qi looked at his indifferent eyes, and had a premonition of displeasure in his heart, but he still handed out the book he made by himself. "Manager Dansser, this is the book I want to buy the wireless chip division of Analog Devices, a subsidiary of Merrill Lynch, please take a look."

Merrill Lynch's various departments are very detailed, and Danzer is a full-time deputy manager in electronics-related categories, so he is naturally familiar with ADI.

He quietly took the jihua book and flipped through a few pages casually, and then put it down, "The price you proposed is $250 million to acquire ADI's wireless communication chip-related assets." And their R&D team? ”

"Yes."

"It's too cheap." Dan Ze refused without thinking: "If you are willing to pay 500 million US dollars, it is not that we can't talk about it." ”

Xiao Qi couldn't help frowning. "Manager Danzer, as far as I know, the revenue of the entire wireless communication chip division of ADI was 180 million US dollars last year, and it was only 170 million US dollars last year, and I used 250 million US dollars in cash to acquire it. It's already a big premium, weishenme will you name an unrealistic price of 500 million? ”

When Europeans and Americans talk about business, they often say it very bluntly, so Xiao Qi is not afraid to point it out directly.

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

Dan Ze is very set about doing business, and when he says this, he has a bit of a meaning of sitting on the ground.

Xiao Qi didn't care about bargaining, but he was very disgusted by his words, "Manager Danze, Chinese people don't necessarily have money, and our money is all hard-earned." If you think that rich people should be slaughtered, then if Bill Gates comes, you will have to ask him for 10 billion dollars? ”

Danzer smiled coldly, "Mr. Gates is the pride of our America, but it is not comparable to you yellow people." ”

The word "yellow race" has a bit of discrimination in the American language, although it is not as obvious as the yellow-skinned monkey, but the color of contempt is still obvious.

Anthony, who saw that his boss was being harassed, had never had a chance to play, and immediately said at this moment: "Mr. Danze, please pay attention to your words, otherwise I will complain to your boss about you, with racist tendencies!" I think journalists will also be very interested in seeing the news of racists at Merrill Lynch, which claims to be a global financial service provider. ”

Danzer looked at Anthony, but he didn't say anything, but the contempt in his eyes didn't diminish.

Xiao Qi was not angry, and said in a good time: "So, are you not going to sell ADI's wireless communication chip department?" ”

Dan Ze nodded, "Yes, at least for now, at your price, we don't have any intention of selling." ”

"What do you mean, can you represent the meaning of Merrill Lynch?" Xiao Qi asked further.

The mocking look in Danze's eyes flashed, "Mr. Xiao, at least in terms of my approval, your leather bag company registered in the Cayman Islands will definitely not pass, because you have no ability to develop ADI at all, as an owner, I don't want to ruin ADI's wireless communication chip department after selling it to you." ”

That's where he has no fear.

Qicai Investment really has nothing now, and it is not an exaggeration to say that it is a leather bag company, no matter how Xiao Qi says his future plans, it cannot change the current embarrassing situation.

But this is not the real reason why Danze does not sell ADI, he purely looks down on the Chinese people and is unwilling to sell this kind of company with high jishu content to the Chinese people, so he just finds this excuse.

Xiao Qi knew this, but he couldn't refute Danze's selfishness.

Because many companies in the United States are like this, they look down on Chinese who can only make cheap goods, and think that only Caucasians are first-class.

Since you have such a bad attitude, then don't blame me for stepping on Merrill Lynch's shoulders and climbing up!

The young man who didn't plan to use that trick instantly made a decision in his heart.

After a flash of thought, Xiao Qi laughed, "Then, Mr. Danze, let's play a bet!" (To be continued.) )