Chapter 145 The Great American Sweep
Chapter 145 The Great American Sweep
Van Dijk remained silent.
A company's valuation depends on its business strength, but it also depends on the capital strength behind it, and the latter is even more important.
Just like this time, AfriLink's valuation of up to 20 billion US dollars was inflated to 100 billion by Huaxin.
And they had no choice but to grit their teeth and agree.
"Mr. Fan, believe me, in three years AfriLink will be valued at $500 billion, and your 30% will be $150 billion," Huang Tianya continued. "And what about Tencent? How much will it achieve in three years?"
He smiled.
"Of course, Tencent's stock will rise. But Mr. Fan, they are currently one of the world's top three internet companies. Although they have many businesses, they don't have many truly original products. There's a huge bubble..."
Maybe one day...
As he spoke, Huang Tianya made an explosion gesture in his ear.
Penguins haven't been affected by the financial crisis, but that's because they're based in China. Once the crisis subsides, what will happen to the penguins...?
Van Dijk fell silent again, knowing that Naspers had effectively lost ground in the negotiations.
He had no way to retaliate.
Huang Tianya added: "Moreover, as long as you have the strength, you can take over more shares. Huaxin will only retain 35%."
You can become the largest shareholder, decide the company's direction, and we can even support your decisions at the board meeting.
Including financing…
He walked to the window and glanced at the time again: "Isn't this what you've always wanted?"
Van Dijk was smitten.
Naspers' greatest success with Tencent was having the most shares, making them the absolute largest shareholder, but the problem was that they lacked sufficient control...
Later, as Tencent grew bigger, they could only watch and couldn't get involved. They even had to angrily agree to have their shares taken away.
Now, AfriLink has given them a chance to turn things around.
But 35% still poses a potential risk...
"What about the next round of financing?" Van Dijk asked.
"Transsion will not make any further investments." Huang Tianya understood his ambition. "You can continue to increase your holdings and achieve absolute control."
Van Dijk's allure was amplified, but he remained puzzled by one question.
With 20% + 17%, Huaxin is the absolute majority shareholder of Tencent, and can even influence Tencent's decision-making to some extent.
Why did they...?
Compared to the cost they paid, they could have simply started from scratch and wiped out the penguins outright.
[Shenyang Aircraft Corporation: Do you even know how to spell the word "unity"?]
"Mr. Huang, why do you want Tencent's shares so much?"
Huang Tianya turned around and stared at him: "Mr. Fan, don't overthink it."
I can tell you very frankly, because we also have high hopes for Tencent, and it's a Chinese company with all its business in China.
"Mr. Fan, you must understand risk management, right?"
Huang Tianya's goal this time is not just to acquire the shares of Penguin held by Naspers. If that were the only purpose, the location could have been China.
Before this, there were mainly some (really only a few) other technology patents and companies.
For example, Nvidia is currently valued at only $9 million, but the company is not for sale. The U.S. government would never agree to sell it, nor would it allow its core engineers to work in China.
But now, as long as the benefits are there, someone will help him get things done.
For example, several investment banks have already approached Lao Huang to discuss his mindset...
[Leather Jacket Yellow: I f***ing thank you.]
Van Dijk looked at him and suddenly understood: Shen Fei wasn't pessimistic about AfriLink; he was exchanging chips.
Trading Africa's future for China's future.
He wanted to bet on both sides, but Africa would always be overseas and not under China's jurisdiction.
Unless they establish their own military bases, their future is far less bright than that of China.
Of course, Transsion has already made arrangements in this regard, and multiple training bases have become de facto JS bases.
"This replacement is beyond my authority, and I need to consult the board," Van Dijk said.
"I'll wait for your news, but please hurry. After all, we have quite a few things on our minds, not just Penguin shares, but other people who can provide what we need."
It's too late; the price might not be this high, and there might not be that many left.
"I see."
…………
"Mr. Huang, will he agree to this proposal?"
Zhao Wei, who came along, was also a little worried. After all, this plan was 10% more expensive than before, and most people would not agree to such a rapid increase.
"Never mind, if Van Dijk won't agree, then let's go find something else good."
Penguin isn't a must-have. The economic crisis hasn't subsided yet, and quality assets are scarce and expensive. We can choose any company in the United States right now, so a penguin won't hurt us.
At worst, we can just send PopCap back to China. After all, we only agreed to license their overseas games, not...
"I'm not playing games anymore," he said softly at the end.
whee.
A wicked smile crept across everyone's faces...
Have Mepus and Motorola given any indication of a change in stance?
MEP, formerly a semiconductor company, is not for sale in the United States and has its own CPU architecture and design team.
The company is currently in a deep slump, with a valuation of approximately $3-5 million. Its cash flow has dried up, and it is seeking a sale or technology licensing.
Huang Tianya had his eye on his CPU architecture and design team.
Domestic chipmaker Loongson also wants to buy at rock-bottom prices, but it involves cutting-edge technology...
It was rejected by the United States.
This is because they lacked connections. Huang Tianya promised IDG 7% of AfriLink's shares (worth $7 million), but they didn't care how they acquired it or how much they spent.
Huaxin just needs to handle the handover...
As for Motorola Mobility, due to the economic crisis, its mobile phone business suffered huge losses and it is currently seeking a sale. However, everyone in the market is struggling to survive, and no one is interested.
Shenfei has its eye on their CDMA/3G patents and baseband team.
Of course, the motorcycle brand and some production lines can also be acquired.
After all, this is a ticket to global communication patents, which can enrich Transsion's patent portfolio.
Of course, he doesn't just take any trash; he only wants quality assets, and those loss-making businesses have to be kicked out in advance.
Other companies that were targeted by Huawei, such as Nortel Networks and 3Com, were rejected for acquisition by North America.
Spansion Semiconductor and Freescale, in the United States, were previously established to supplement their teams and patents in mobile phone baseband, automotive chips, and radio frequency.
There are approximately 30 companies of varying sizes...
In order to get these people back to work in the local area, Shenfei specifically asked Zhang Shiqing to seize a piece of land.
The site was originally intended to be a new office base for a state-owned enterprise, but it has now been taken over by Transsion Holdings.
The price was only 1 yuan.
Of course, this wasn't a case of collusion between officials and businessmen; there were other supplementary agreements involved.
"Boss, don't worry. We've given enough money, and most of it is already in operation."
Motorola is the fastest; they're currently in the process of handing over the equipment to our shell company, and some "equipment" has already begun shipping.
At this moment, at an airport in the United States, several planes are taking off for Guangzhou and Shenzhen.
Huang Tianya nodded in satisfaction. Normally, even if the money was right, it would be impossible to acquire these companies. It was only because of the economic crisis that some people suffered heavy losses that they had no chance.
…………
Meanwhile, things were going smoothly for Naspers as well, and a day later, Van Dijk reappeared at the Waldorf Hotel.
This time he brought with him authorization from the board of directors.
"make a deal……"
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