Reborn Millennial Gamer

Munich, Qimonda headquarters.

Li Fuzhen brought Samsung's business team to the meeting room with a capacity of [-] people.

I saw seat cards on the rostrum, and the bidding had not officially started, and there was no one on the stage.

But in the audience, all the competitors have already arrived.

Hyundai and SK are all old acquaintances. The moment their eyes meet, fear, vigilance, hostility, and various emotions are intertwined.

In addition, representatives of Toshiba and Nanya Branch sat together with Gao Qiquan and Zhu Yiming of YMTC.

Talking and laughing, the atmosphere is harmonious.

However, there was no sign of Lu Fei.

This eerie detail was also captured by others.

"He came to Germany and didn't show up for the bidding?"

Mark Deken frowned tightly, with an ominous premonition.

"Perhaps he feels that he has the chance to win the bid, so there is no need to show up. He may also continue to accompany him to visit other European countries, and he cannot stay in Germany for too long..."

The secretary mentioned several possibilities for Lu Fei's absence.

Mark Deken felt that it was reasonable and dispelled his doubts.

After a while, Luo Jianhua, Michael Jaffe and other persons in charge of the reorganization appeared on the stage, announcing the bidding rules in front of everyone.

After the end of each round of bidding, the highest price of each round will be announced on the spot, only the price will be quoted, and the name of the bidding company will not be reported.

The price code filled in the first round must not be lower than the published reserve price, otherwise it will be invalid.

The starting price for the second round shall be the highest price announced in the first round, and the bid shall not be lower than the price of the first round.

Otherwise, it will be regarded as eliminated, and the bidding company will be announced on the spot, and there is no need for the bidding company to stay.

In the third round, the highest price in the three rounds will be used to make a final bidding list, and No.1 and No.2 will enter the final round of bidding.

In the fourth round, in addition to the purchase price, the winning bid will also be based on other purchase conditions offered by the two bidding companies.

"Once a bidder bids, it cannot withdraw it. For each round of special bidding tickets, the bidding representative must sign and stamp."

Luo Jianhua looked left and right, "If there is no problem, then let's start now."

"The starting price for the first round is US$18 billion!"

"President Lu, the bidding has begun."

Zhu Yiming sent a text message to Lu Fei and soon received a reply from him. He is negotiating with creditors such as Infineon and Dresden to "waive the creditor's rights", and it will be Deutsche Bank's turn next.

He took a deep breath and focused on the exclusive acquisition bid. After all, it was related to whether he could become the CEO of Changxin Storage.

Michael Jaffe opened the bidding tickets one by one.

It reads, "Toshiba, $18.5 billion", "Nanya Branch, $18.3 billion", "Samsung, $18.6 billion"...

"Yangtze River Storage, 18.8 billion U.S. dollars."

"Micron, $20 billion."

"The starting price for the second round is $20 billion!"

Hearing Luo Jianhua's report, Mark Deken was complacent, with a smirk at the corner of his mouth, and after a small test, he raised 2 million US dollars.

The secretary asked in a low voice how much to fill in this time.

Mark Durkan is like a troublemaker who deliberately bids up at an auction, but he is afraid that the price will be too high, so he really wins the bid.

Therefore, a slightly conservative report of $21 billion was made.

In the second round, the bidding price quoted by Luo Jianhua was not exactly the same as his, but $21.1 billion.

In this round, Hyundai, Toshiba, and Nanya Branch all offered less than US$20 billion, and they were eliminated and withdrew from the bidding.

On the field, only Yangtze River Storage, SK, Samsung and Micron are left.

"This bid is likely to be made by Samsung and YMTC." Mark Deken narrowed his eyes.

Looking at the crowd leaving the venue, the secretary couldn't help feeling nervous, "It's already the third round. If our bid is too high, we will enter the fourth round. If Yangtze Memory Storage gives up the bidding..."

"Impossible! Absolutely impossible!"

Mark Deken cast his eyes on Gao Qiquan and the others, "Huaxialu must win, definitely will, it is impossible not to!"

"But what if?"

The secretary had no idea, "To be on the safe side, we now choose to abandon the bid and fill in a $21 billion bid, and then we will be eliminated."

Mark Deken looked at the expressions of SK representatives, Li Fuzhen and others, "Just do it like this, just fill in 21 billion US dollars and let them fight for it." After speaking, a wicked smirk rose from the corner of his mouth.

Zhu Yiming received Lu Fei's text message, whispered to Gao Qiquan for a while, filled in a string of numbers, and handed it to the ticket collector.

The four companies handed in one after another.

Michael Jaffe raised his voice and announced loudly:

"The bidding companies shortlisted for the fourth round are YMTC with US$21.1 billion and Micron with US$21 billion."

"what!?"

Mark Deken was shocked, and suddenly looked in the direction of Samsung and SK, Mare Falk, you bastards!

The corners of Li Fuzhen's mouth raised slightly, not only proving the reality of Hyundai and SK, but also pushing Micron into the fire pit, killing two birds with one stone.

Finally, he glanced at the Yangtze River Storage delegation without Lu Fei, turned around and left with a hint of loneliness in his puzzled eyes.

"The reorganization committee is discussing your two bids in depth, and we will announce the results of the winning bid the next day."

As soon as Luo Jianhua said this, Mark Deken reluctantly handed over the bidding documents, and at this moment, he bumped into Gao Qiquan and his group.

Gao Qiquan came over and took the initiative to say hello.

"Congratulations! Congratulations to Micron and us for entering the final round. It was agreed in advance that no matter whether we win the bid or not, we hope that the harmony between our two families will not be affected."

Mark Deken forced himself to be calm: "Hey, you have 1000 million more than us, and you have a better chance of winning Qimonda than us."

"That's not necessarily the case, maybe your acquisition conditions can make up for the gap of 1000 million dollars." Gao Qiquan left a meaningful smile on Mark Deken, and walked away.

"Broken, broken!"

Mark Deken immediately thought of Lu Fei's "Please enter the urn", "We have fallen into Huaxia Lu's trap again!"

Contact Appleton on the other side of the ocean for the first time.

Telling the ins and outs and my own guesses, YMTC may be the same as Samsung and SK, not interested in Qimonda at all, and it is also a sixth child.

The purpose may be the same -

It is to drive up the price on purpose, and put the big injustice into it!
However, this great injustice has Micron!
"We must not spend $21 billion on Qimonda. We have only one goal, and that is Elpida!"

Appleton suppressed his anger on the phone.

"I know, of course I know."

Mark Durken realizes he may be playing off.

If Micron wins the bid, it will be impossible to acquire Elpida with spare money, especially Qimonda's huge debt, which will plunge Micron into a quagmire in the environment of market saturation and subprime mortgage crisis.

The only solution is to break the contract and abandon the bid.

But it will seriously damage the reputation. Although Micron's reputation is not very good, it will also implicate Micron in the follow-up bidding of Elpida and lose its qualification. Then a scapegoat is needed.

There is no doubt that I must bear the blame!
The only hope now is that YMTC wins the bid.

"Mark, you've got a big deal, you've got a big deal!"

Appleton swore on the phone.

"Don't worry, this is just my assumption. The acquisition price of YMTC is 1000 million dollars higher than ours, and in order to ensure that we don't win the bid, all the acquisition conditions in the bid document are deliberately downgraded. not on."

"What if YMTC thinks the same way?"

"Impossible, absolutely impossible."

Mark Durken felt a little bit in his heart, and prayed silently——

Master Lu is a decent person!
………………

Meanwhile, street cafes.

Lu Fei swayed his legs leisurely, then picked up the phone.

"Mr. Lu, do you think Micron really wants to buy Qimonda?" Gao Qiquan said with a hint of worry in his tone.

"If Micron is really interested, it would have acquired 77.4% of Qimonda's shares from Infineon long ago, and it's still waiting until now?"

Lu Fei laughed and said, "Micron is really making trouble. If I'm not wrong about their target, it should be Elpida."

"Mr. Lu, if it's what you said, and you let us perform such a performance in front of them on purpose, Meiguang may not be able to sleep all night." Gao Qiquan laughed.

"It's not just tonight, when Qimonda is completely digested, I will make Micron sleepless every day!"

Lu Fei repeatedly urged him to keep in touch with Luo Jianhua.

In the case of the first purchase price, there is no doubt that Yangtze River Storage won the bid.

After sitting and waiting for a while, the German translator assigned to him by the company smiled and led the people from Deutsche Bank in. The leader was Joseph Ackerman, the president, and his deputy, Anshu Jain.

The two can be called the crouching dragon and phoenix of Deutsche Bank.

Teaming up with the risk control department to restrain the wanton expansion of the investment banking business, it gave the green light to almost all areas of the investment banking department. The scale was so large that it even destroyed the internal control mechanism.

Deutsche Bank's debt has soared, from 5730 billion marks at the beginning of the millennium to 2.2 trillion euros today.

Just like a wild horse running wild, how wild is it?

Dong Jianguo looked for money on Wall Street, but no Wall Street responded, but Deutsche Bank made loans again and again.

It was this pair of crouching dragons and phoenixes who were approved!

The euphemism is that you can stand out only by lending to customers your peers deem extremely risky.

Even the loans of this kind of bankrupt professional households can be approved, like Master Lu, the richest man in China, the top ten richest people in the world, such a high-quality client, naturally agrees with his eyes closed.

Not only was Joseph approved, but he even felt that the 6.125 million USD loan to Changjiang Savings Loan was too little, and he could lend more.

Anshu Jian understood, and his words smelled like curry, "Lu, I heard that you also found loans from Dresdner Bank and Industrial Bank, why don't you give this to Deutsche Bank as well, and we can give you a better loan." Lower interest, wider terms."

"It's not up to me to decide, you know."

Lu Fei shrugged, "Some people hope that Industrial Bank and Dresdner Bank can get stable and reliable business."

"A bank that does not rely on itself is a disgrace to the banking industry!"

Joseph heard the voice, and made a few complaints, 6.125 million dollars is 6.125 million dollars.

"I want to make it clear in advance that this loan is entirely based on the premise that Yangtze River Storage acquired Qimonda."

Lu Fei smiled, "If we don't win the bid..."

"I understand what you mean."

Joseph nodded. As one of Qimonda's largest creditors, Deutsche Bank is also a member of the bankruptcy reorganization committee.

The two looked at each other without saying anything.

After confirming the completion of the PY transaction, Lu Fei crossed his hands, "Also, I have one more condition regarding Qimonda."

"Please say."

Joseph stirred the coffee with a spoon.

"Debts related to Qimonda."

Lu Fei said solemnly that there would be new changes in the distribution plan of the 21.1 billion dollars in the bidding. The original plan was to use 17.5 billion dollars to repay creditors, but according to the German bankruptcy law, except for the procedural fees and public debts, which must be paid off, you can contact Qimonda's The creditor group negotiated and exempted part of the bankruptcy claims.

"You want Deutsche Bank to give up all of Qimonda's claims?"

Joseph was keenly aware of his purpose.

"It's not all, it's 65%, and it's not just Deutsche Bank, including Infineon, Dresdner Bank, and Industrial Bank, that is, the entire Qimonda creditor group. All this is to make Qimonda Get back on track as quickly as possible.”

There was a smile on the corner of Lu Fei's mouth.

"Then wait until you persuade Infineon, Dresdner Bank, and Industrial Bank to agree, and then we will make a decision."

Joseph adopted a tactic of avoiding talking about it.

However, Lu Fei came prepared and persuaded the creditor group to give up 65% of Qimonda's debts all day long, and was close to convincing banks such as Dresden, German Industrial Bank, and Infineon.

"what!?"

Joseph felt unbelievable. He could understand the reasons why Dresden and other banks agreed, because re-borrowing from them was equivalent to covering the old debt with new debt.

But I never expected that Infineon would agree!

"Infineon does not want to completely abandon the DRAM business. We promised to cooperate with Infineon after the acquisition of Qimonda, and work together to make Qimonda transform into an advanced mobile memory factory and switch to the world's leading 46nm process, or even 30nm process. .”

Lu Fei said with a smile: "The 65% creditor's rights that Infineon gave up should be regarded as the first research and development funds for this project."

"According to this, is Deutsche Bank left?"

Joseph gasped.

"Almost, you are the main creditors left. In this new aid plan, we will take out 6.125 million US dollars to repay you, and the rest will be invested in the technical upgrades and projects after the merger of Qimonda and Yangtze River Storage. research and development."

Lu Fei crossed his hands playfully.

The corner of Joseph's mouth twitched, resisting the urge to curse.

First use the $21.1 billion plan to win the exclusive bidding qualification to acquire Qimonda, and then let the members of the bankruptcy committee including Infineon voluntarily give up 65% of the creditor's rights.

That is 11.375 billion U.S. dollars, so there is no need to pay it back!
In fact, a total of $9.725 million was spent!

The key point is that the 6.125 million US dollars used to repay the money was loaned from Deutsche Bank, and then it was used to repay the entire creditor group.

Master Lu only needs to pay 3.6 million US dollars.

It is even very possible that more than half of the 3.6 ​​million US dollars are long-term low-interest loans from banks such as Deutsche Industrie and Dresden to Yangtze River Storage, which is equivalent to using bank money to buy Germany, and even the only Dram giant in Europe——

The left hand is reversed to the right hand, and Qimonda is empty-handed!
We still have to thank Master Lu?

"Thank you Monkey..."

Anshu Jiaen opened his mouth, and then looked at Lu Fei, his eyes were full of awe, this girl knew more about deception than him.

No wonder he was so rich, it was definitely a fraud.

After all, the third brother is not ashamed of cheating, but proud of it.

"land!"

Joseph refused angrily, "Even if you cover the old debt with new debt and get Dresden to agree to give up the debt, isn't the price you offered to Deutsche Bank too low? 6.125 million US dollars with interest is not enough. To fill Qimonda's debt."

"How much can you make?"

Lu Fei took a sip of coffee with a relaxed expression.

Joseph and Anshu Jain whispered and muttered for a while, "65% is impossible. 65%, the most we can accept is 51%, or increase the loan amount of Deutsche Bank."

Lu Fei shook his head and laughed, not giving an inch.

"Lu, don't think that if you win the bid, you can do whatever you want. We can find other bidding companies to replace YMTC!" Anshu Jian said in a threatening tone.

"Do you threaten me?"

Lu Fei squinted his eyes, I want to test whether my sword is sharp?
"It's not a threat, it's just a friendly reminder."

Joseph is not to be outdone, and my sword is not bad either!
"Okay, okay, then I will use an intelligence worth hundreds of millions to make a deal. You all know that I successfully became a shareholder of Goldman Sachs through the subprime mortgage last year, and I have a good relationship with the Secretary of the Treasury of the United States. I heard from them A message is coming."

Lu Fei smiled and stretched out a finger.

Joseph and Anshu Jain glanced at each other, curious about what kind of news could be worth hundreds of millions of dollars.

"The Ministry of Justice is launching a large-scale investigation. They are tracing how the subprime mortgage crisis was caused and what forces are doing the evil."

There was a gleam in Lu Fei's eyes.

The spearhead is directed at the investment banks that claim that investment products are safe, and they have been plotting to settle their accounts after the fall. First, the local banks will be severely punished, and at least hundreds of billions of dollars in fines will be issued. At least hundreds of small and medium-sized banks will be fined and go bankrupt.

"Guru~"

As a trader of subprime mortgage debt, Anshu Jiaen knows it well.

The subprime mortgage crisis also has a share of Deutsche Bank!
"This is only local. How many fines do you think will be imposed on Deutsche Bank? It may be $50 billion, or it may be $100 billion, and there are countless funds filing lawsuits."

Lu Fei sneered, "I haven't found Deutsche Bank yet, but maybe I will find Deutsche Bank soon. Are you ready?"

"You, you threatened us!?"

Anshu Jian and Joseph felt a chill in their hearts.

"Why, we're friends!"

Lu Fei looked harmless to humans and animals, "Otherwise, would I disclose this news to you? How about it, is this news worth 65%? I don't want 70%, or even 80%!"

"What if what you said is false?"

Anshu Jiaen firmly believes that Master Lu is the god of fraud.

"You can choose not to believe it."

Lu Fei didn't take it seriously. In fact, he had persuaded most members of the bankruptcy committee. If Deutsche Bank persisted, it would still be able to pass the waiver of 65% of the creditor's rights when it came to a vote.

Joseph knew very well that the first cooperation between the two parties should not make the scene ugly. After thinking about it, "We have to go back and discuss with other directors, and the board of directors must approve it."

"Understand, understand."

Lu Fei stood up, "There is a saying in Huaxia that borrows and repays. It is not difficult to borrow again. There are still many opportunities for cooperation. It seems to be a loss now, and it may be a profit in the future."

"you are right."

Joseph forced a smile on his face, shook hands with him, and walked away with Anshu Jian and others, fearing that he couldn't help it in the next second——

I have never seen such a brazen person!
It's even more devil than devil!

ps: Learning from Micron’s acquisition of Elpida, 7% of the debt was exempted by various means, more than 30 billion dollars. (end of this chapter)