Rebirth of England

On June 10, Avago, a semiconductor company headquartered in Lijiapo, announced an agreement to acquire LSI for US$4.5 billion.

Avago Technologies is a global leader in analog, mixed-signal and optoelectronic devices. According to relevant agency forecasts, its acquisition of memory chip manufacturer LSI Corp (LSI) will help strengthen its position in the enterprise storage market and expand its product offerings.

And this transaction will create a semiconductor company with annual revenue of approximately US$5 billion, and will immediately help increase Avago's free cash flow and earnings per share.

Under the agreement, Avago will pay $7.60 per LSI share, a premium of nearly 30% over the stock's closing price on Friday.

Chen Fuyang, CEO of Avago, told the media that US$1 billion of the funds required for this acquisition will be the company's own funds, and another US$2 billion will be provided by Rich23 Capital and IC Capital. The capital injection of these two companies will be 5 in the form of 1-year convertible bonds.

Another $1.5 billion is a bank loan from Standard Chartered Bank.

The transaction has been approved by the boards of directors of both parties and is subject to approval by LSI shareholders. The transaction is expected to be completed before the end of this year.

Chen Fuyang also said that it is expected that the transaction will help it save US$200 million in costs in the first full fiscal year after completion.

At this time, Barron had left China and arrived in Australia on the Devonshire. Here he picked up Bonnie and his two children, as well as the Countess of Bute and her children, and prepared to return together. Back to London.

Earl Bute had left Australia earlier, but due to safety issues, Barron asked Bonnie and the children to stay at Grace Lavender Manor for a while, and her cousin Chris also took the children with her. Bonnie until now.

"I almost thought you forgot us all here."

Countess Bute couldn't help complaining when she saw Barron.

"Of course not, it's just that a little thing happened before... I have to say, Madam, you are more charming than the last time I saw you..."

"Haha, Barron, although I'm glad you said that, it would be better if it made me feel more sincere."

"I'm very sincere. If you don't believe me, you can experience it for yourself later."

After leaving such words in Chris's ear, which made her face turn red, Barron walked towards Bonnie and held her in his arms:

"Baby, I'm sorry, something has delayed the trip."

"As much as I care about the reasons for this, dear, I know you have our best interests at heart."

"Now everything has passed, except that my partner in France had a small situation during that time, and I had some safety concerns, but now the matter has been resolved."

Taking the brothers George and Richard from the maid on the side, and holding them in his arms one by one, Barron said to Bonnie easily.

In fact, Bonnie's stay in Australia is not just about waiting.

While they were still in Australia, SEM Group was acquiring the Australian Ten TV Network. As a director of SEM Group, Bonnie also participated in this acquisition, and after completing the acquisition of the Ten TV Network , relying on her rich programming experience to help Network Ten - now renamed ITV.AU - establish their localized programming department.

Although ITV.AU can introduce many SEM Group programs, some related variety shows will also be produced locally.

The original No. 10 TV network was not very good at this aspect, which is why this TV station continued to suffer losses. Now that it was acquired by ITV, it can be said to have a completely new look.

Although he had maintained a high learning frequency with Fan Bingbing when he was in China, Barron was extremely talented after all...

It was not just the first time he experienced the feeling of traveling thousands of miles a day. In the bedroom of the Devonshire, he first immersed his wife Bonnie in the atmosphere of learning knowledge, and finally fell asleep tiredly...

Then, as he said to the Countess of Bute before, he let her experience his "sincerity" again.

This made the Countess call her too sincere. Barron's sincerity was so sincere that it overflowed...

…

"Everything is normal at Ms. Weber's place. Her body has recovered and she is able to continue working..."

After returning to London, Barron met Mikhail who had returned from Paris, and from him, he learned about Ashley Weber's situation.

Although he had already learned the general story of the incident from the phone call before, Barron also learned more detailed information during the meeting with Mikhail.

The "return" to the Rothschild family made them a lot more rational - many times, having power does not mean that you like violence, but that you can make other people more peaceful.

Ashley Weber, who returned to work, has not forgotten the "favor" of the Rothschild family. She leads William Weber Capital and continues to engage in fierce competition with NM Rothschild Bank in the field of private banking. compete……

At the same time, the "small dispute" between the Weber family and the Rothschild family, manifested by two car accidents, also attracted the attention of the French upper class. Even though there was no conclusive evidence pointing to one party in these two car accidents, Old Sa also sent messages to the Weber family and the Rothschild family respectively, hoping that everything would be resolved within the rules and warning that if such "accidents" occurred again, the government would not sit idly by.

In this case, business competition will eventually return to business competition.

In this regard, with Barron as a backing, William Weber Capital is not afraid of the other party.

In addition, Davis, the president of Standard Chartered Merrill Lynch, did not disappoint Barron's expectations and won the investment department of Barclays Bank, BGI, during the negotiations.

According to the agreement between the two parties, Standard Chartered Merrill Lynch will acquire Barclays Global Investments (BGI), the investment department of Barclays Bank, for US$10 billion and an additional 175 million shares. Compared with before, the share price of Standard Chartered Merrill Lynch has risen, and the share price is already above US$20 per share.

At that time, Standard Chartered-Merrill Lynch's consideration for acquiring BGI was about $13.5 billion.

But as the news of Standard Chartered-Merrill Lynch's acquisition of BGI came out, its stock price soared and has now reached $22.5 per share.

Based on this calculation, Standard Chartered-Merrill Lynch acquired BGI for nearly $14 billion. It can be said that this result also made Barclays very satisfied.

The only one who is a little depressed is definitely BlackRock Group, after all, they lost the opportunity to acquire BGI and use it to enter the ETF market in a big way - of course, they will not give up this idea, but now they can only turn their attention to other acquisition targets.