Rebirth of England.

Chapter 676 For Peace
On June 6, Lijiaopo-based semiconductor company Avago announced an agreement to acquire LSI for $10 billion.

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

The transaction will create a semiconductor company with annual revenue of approximately $50 billion and will immediately help increase Avago's free cash flow and earnings per share.

Under the agreement, Avago will pay $7.6 per LSI share, a premium of nearly 30% over the stock's closing price last Friday.

Avago's CEO Chen Fuyang told the media that $10 billion of the funds needed for the acquisition will be the company's own funds, and another $20 billion will be provided by Rich23 Capital and IC Capital. The capital injection from these two companies will be in the form of 5-year convertible bonds.

Another $15 billion is in bank loans from Standard Chartered Bank.

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

Chen Fuyang also said that the transaction is expected to help it save $2 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, where he picked up Bonnie and his two children, as well as the Countess of Bute and her children, and returned to London together.

Earl of Bute had left Australia earlier, but due to safety issues, Barron allowed Bonnie and the children to stay at Grace Lavender Manor for a while. Her cousin Chris has been with Bonnie with the children until now.

"I almost thought you forgot about us all here."

When she saw Barron, Countess Bute couldn't help but complain.

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

“Hehe, Barron, although I’m glad you said that, it would be better if you could make it feel more sincere.”

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

After leaving these words in Chris's ear, causing her face to blush, Barron walked towards Bonnie and hugged her:
"Baby, I'm sorry, something delayed my trip."

"While I am deeply concerned about the reasons behind this, dear, I know you are doing it for our own good."

"Everything is over now. It's just that my partner in France had a small problem during that time. I have some safety concerns, but now the matter has been resolved."

Barron took the two brothers George and Richard from the maid beside him, held them in his arms one in each hand, and said to Bonnie in a relaxed manner.

In fact, Bonnie stayed in Australia not just to wait.

While she was in Australia, SEM Group was acquiring Australia's Channel Ten. As a director of SEM Group, Bonnie also participated in this acquisition. After completing the acquisition of Channel Ten, she relied on her rich program production experience to help Channel Ten - now renamed ITV.AU - establish their localized program production department.

Although ITV.AU is able to introduce many programs from the SEM Group, some related variety shows will also be localized.

The original Channel 10 was not good at this, which was the reason why the station continued to lose money. Now after being acquired by ITV, it can be said to be completely renewed. Although he had maintained a high learning frequency with Fan Bingbing when he was in China, Barron was gifted after all...

This was not the first time he had experienced the feeling of traveling a thousand 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 exhausted...

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

This made the Countess exclaim that it was too sincere. Barron's sincerity was so much that it was about to overflow...

……

"Everything is normal with Ms. Weber. She has recovered and is able to continue working..."

After returning to London, Barron met Mikhail who had returned from Paris, and learned from him about the situation on Ashley Webb's side.

Although he had learned the general course of events from a phone call before, Baron also learned more details during his meeting with Mikhail.

The "retaliation" against the Rothschild family made them much more rational - many times, having power does not mean you like violence, but it means that you can make others more peaceful.

Ashley Weber, who returned to work, did not forget the "favor" of the Rothschild family. She led William Weber Capital and continued to compete fiercely with NM Rothschild Bank in the private banking field...

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, Sarkozy sent messages to the Weber family and the Rothschild family respectively, hoping that everything could 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 ultimately come down to business competition.

In this regard, with Barron's support, William Weber Capital is not afraid of the other party.

In addition, Davis, the president of Standard Chartered Merrill Lynch, lived up to Barron's expectations and won over BGI, the investment department of Barclays Bank, during the negotiations.

According to the agreement between the two parties, Standard Chartered Merrill Lynch will acquire Barclays Global Investors (BGI), the investment arm of Barclays Bank, for US$100 billion and by issuing 1.75 million additional shares. Compared with before, the share price of Standard Chartered Merrill Lynch has risen and is now above US$20 per share.

At that time, Standard Chartered Merrill Lynch paid about US$135 billion for the acquisition of BGI.

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

Based on this calculation, Standard Chartered Merrill Lynch acquired BGI for nearly US$140 billion. It can be said that this result also made Barclays Bank very satisfied.

The only one who is a little depressed must be BlackRock Group. After all, they lost the opportunity to acquire BGI and make a big foray into the ETF market - of course, they will not give up this idea, but now they can only turn their attention to other acquisition targets.

(End of this chapter)