Rebirth of England.

Chapter 784 Initiating an Acquisition
As for Brown, he was appointed as the European Investment Bank's Asia Special Representative as he wished, and will be responsible for all of the European Investment Bank's investment cooperation projects in Asia - of course, currently the vast majority of the European Investment Bank's business is still in Europe, and although there are projects in Asia, they are not many.

But at the same time, Brown was appointed by the UN as a special envoy for peninsula affairs. On March 3 this year, a South Korean patrol ship exploded and sank in the western waters of the peninsula. In the end, only 26 of the 104 officers and soldiers survived.

On May 5, a multinational military and civilian investigation team composed of experts from various countries released a report saying that the ship was most likely sunk by a torpedo fired by a northern submarine.

It was also because of this incident that the situation in the region became tense again, and Brown this time became the special envoy for peninsula affairs, hoping to communicate with all parties and prevent the situation from developing into a more dangerous situation.

Brown has now left London and gone to Asia, especially after he resigned as leader of the Labour Party. His two current identities will be a good transition for him to seek the position of chairman of the International Monetary Fund after the Cain sexual assault incident broke out next year.

Of course, in essence, whether it is Brown or David Miliband, the relationship between them and Barron is more of a cooperative one, and it is certainly impossible for them to obey Barron completely like other company executives of Barron.

There is no way around it. After all, although the Devonshire family has a history of hundreds of years, Barron's situation is special. The family did not leave him many outstanding and loyal talents, so he needs to find them himself.

As for heavyweights like Brown and David Miliband, even if they maintain a certain degree of "respect" for Barron, how can they be said to be loyal? It is nothing more than a relationship of mutual interest.

Moreover, even for the many companies that Barron currently controls, there is no guarantee that the managers may not have other intentions.

For example, up to now, at least one-third of the companies controlled by Barron have replaced their presidents or CEOs. These people either have other options or have done something that is beyond Barron's tolerance.

Just like Barron's intelligence agency, there is a special group that is responsible for supervising some executives of companies he controls, especially important ones like DS Group and West Africa Group. Barron needs to be aware of some unusual movements, otherwise if something goes wrong, it will be a big problem.

……

"We have formally contacted Motorola Mobility and made an offer to acquire them..."

Barron learned the news during a phone call with Ivanta before Christmas.

As early as October 10, Motorola had officially completed its split into two companies, Motorola Systems and Motorola Mobility, which were listed on the New York Stock Exchange respectively.

It can be said that at the beginning, investors were quite optimistic about the split of Motorola.

This can be seen from the trend of the two stocks. On October 10, the day when the two companies were listed on the New York Stock Exchange, both stocks rose.

After all, from a business perspective, after the split, both parties will be able to focus more on the development of their own businesses. In addition, before the split, Motorola also released some good operating data.

But the good times did not last long. In the last two months of this year, many mobile phone brands launched new models of mobile phones, including smartphones from Apple, Honor Electronics and Samsung, which all achieved good sales.

The Android phones launched by Motorola still have no special features. As for the Droid X, which is specially equipped with the GOS system, Motorola had placed considerable expectations on it, but the sales results were disappointing. It can be said that it is at the bottom of the recent new phone sales.

After all, even Google has shown a clear downward trend in its investment in the GOS system. This is easy to understand. In order to launch the GOS system, Google has invested a lot of resources and spent a lot of money. However, except for the initial period when the GOS system was able to compete with iOS and Android systems, it showed some competitiveness. Later, even Microsoft's Windows mobile operating system could not catch up.

This result is really hard to accept, and it is extremely inconsistent with Google's position in the Internet technology industry.

Their "persistence" in the GOS system has also caused dissatisfaction among many investors - after all, as reflected in the stock price, it can be said that the high investment in the GOS system and its bleak current situation have directly lowered the price trend of Google's stock.

In addition, as the year is coming to an end, Motorola Mobility issued a profit warning for the fourth quarter of this year earlier, indicating that the revenue in the fourth quarter was lower than expected, which may cause the losses to expand.

Under the influence of these factors, Motorola Mobility's stock price has fallen quite badly in recent trading days...

At this time, a bank consortium consisting of IC Capital and Global Industrial Investment (GII) Fund contacted Motorola Mobility and prepared to make an acquisition offer, which aroused considerable interest among some investors.

Similarly, the management of Motorola Mobility did not react too strongly to this, but said - let's talk about it...

Of course, in the meantime, IC Capital and GII Fund have quietly absorbed a certain amount of shares when Motorola Mobility's stock price fell. Currently, the combined shareholdings of both parties are about 9%.

"The current market value of Motorola Mobility is around US$70 billion. We tentatively offered a purchase price of US$100 billion, which is already a premium of nearly 43%..."

In Baron's previous life, Google completed the acquisition of Motorola Mobility for US$128 billion. At the time, their price was a premium of 63% over Motorola Mobility.

However, because Motorola now puts too much energy on the GOS system and invests insufficiently in Android phones, this has caused a significant gap in Motorola Mobile's revenue compared to the original time and space.

Ultimately, this resulted in Motorola Mobility's market value being lower than it was at the time.

Therefore, the acquisition price of US$100 billion offered by Ivanta on behalf of the cooperative bank consortium of IC Capital and GII Fund is relatively speaking a relatively high premium.

Of course, the two parties will still need to continue contact and negotiation. The final acquisition price of Motorola Mobility will depend on whether other competitors will emerge and be willing to acquire Motorola Mobility at a higher premium than them.

Well, it’s hard to say. Maybe this time Google is going to go all out and spend a huge amount of money to buy Motorola Mobility. You can’t be sure.

Although given Google's current situation in the mobile operating system business, this approach is too reckless...

After all, if it was like in the original time and space, when Google owned the Android system and had already occupied a considerable market share, such an acquisition would still make sense. But now...

(End of this chapter)