The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce
Chapter 329: Transaction, President Smit was dumbfounded
Guy arrived late.
At this time, he was wandering outside the conference room in agony, like an ant on a hot pot.
After Kombauer came out, he saw a stern look in his eyes:
"You are really persistent, chasing me all the way here."
"Listen to me, I'm not jealous of you..."
Klumbauer yelled: "Shut up!"
"Just watch carefully and see how I can make my family famous."
After saying that, Kembauer was escorted by bodyguards and left the family's ancestral home, which was like a holy palace.
He excitedly dialed Robert's number:
“Sir, when do we start negotiations?
I can fully represent the family and reach a transaction agreement with you. "
Robert suppressed his inner smile and said quickly:
"You can do it at any time. We will package and give you a copy of ASML's financial reports in recent years."
"Haha, that's not necessary. As a shareholder, no one knows ASML better than me."
Robert disagreed with this statement.
Smit is quite capable, and every aspect of financial reporting, profit, and pie looks excellent.
If not for the fact that Peninsula Technology had made some progress in immersion, both Wang Lei and him were convinced.
In the future, the light source of the lithography machine must not be deep ultraviolet, or the f2 laser that ASML is researching. He said that ASML will not be resold.
He is well aware of how arduous the development of f2 laser is.
This kind of light is easily absorbed, and the original lens, photoresist and other supporting materials cannot be used and must be completely re-developed.
Re-research and development means a steady stream of huge investments.
Moreover, even if ASML successfully develops f2 laser and successfully shortens the deep ultraviolet light of 193 nanometers to 157 nanometers, this improvement will be very limited.
It was completely inferior to the immersion experiment data revealed to him by Wang Lei.
Therefore, even if Boss Wang does not urge him, he will sell ASML before Peninsula Technology’s immersive technology matures.
The big reason why ASML's stock is so high now is that Smit has been advocating that the f2 laser will be successfully developed.
ASML will continue to lead the semiconductor trend.
But if Peninsula Technology quickly comes up with more advanced products, the higher it is praised, the harder it will fall.
For ASML’s stock price, it will be an unprecedented disaster!
This is the real reason why Robert decided to sell ASML.
So when Kembauer decided to take over the takeover, Robert welcomed it with both hands.
Before the negotiations even started, Robert had people prepare the richest meal for the team that came to negotiate.
The world's top ingredients surprised even Krumbauer.
"Sir, this meal is not cheap."
Robert said proudly:
"The ingredients are secondary. This bottle of red wine has a lot of history."
Kembauer took a sip nonchalantly and praised:
"The taste is really good. It should be a year old."
"Haha, this bottle was given to me by a friend the year I successfully acquired Asmer. It is said that the auction price was as high as 30 US dollars!"
Kembauer was also surprised, and felt an indescribable feeling in his heart.
He felt that Robert really wanted to make him a friend, otherwise why would he entertain him with such precious drinks.
Little did Kembauer know that this was the decapitation meal that Robert had prepared for him.
In the end, the meal cost about 40 US dollars. If the social network was not developed enough, Kembauer would have had the urge to take pictures to show off.
After the meal, the two sides began formal negotiations.
"Mr. Robert, how about we settle based on today's closing stock price?"
According to Kembauer's calculations, he spent US$45 billion to enter the game and now holds 13.15% of the shares. In several rounds of major growth, the total value has tripled.
If you want to get 30% of the shares from Cayman Capital, you have to pay a huge amount of 307 billion!
But it is obvious that Robert’s appetite from the beginning was not as low as 307 billion.
He smiled and said:
"You should know that the f2 laser is about to be successfully developed. How about we wait until it is developed and then talk about the acquisition?"
If the f2 laser is really successfully developed, the stock price will inevitably usher in a new round of growth. By then, it will not be at this price.
Of course, the Ross family knew this very well.
Still trying to control the pace of the negotiations, Klumbauer quoted again:
"What about 337.7 billion? Let's settle it at a premium of 1.1 times."
Robert still shook his head, and he revealed a number:
"We will not sell it for less than 450 billion."
Everyone in the Ross family was shocked. The premium was nearly 1.5 times. Robert had a huge appetite.
They said rather embarrassedly:
"Sir, even if we agree to your offer, the exchange will reject the acquisition."
If the premium is too large, it will inevitably affect the stock price in the secondary market, and it will be suspected of conveying benefits. The rationality of the valuation will also be questioned, and the exchange will think that both parties are using this to raise the stock price.
Seeing Kembauer's troubled look, Robert was not discouraged.
……
In the end, the Ross family recognized ASML's huge potential value and completed the acquisition of ASML for US$370 billion.
And the transaction was disclosed at the board meeting.
The whole place was filled with astonishment, and as the president, Smith almost stared out of his eyes.
Cayman Capital actually sold all its shares to the Poseidon Foundation, with Kembauer holding 30% of the shares on behalf of the company.
As a result, Kembauer, who owns 43% of ASML's shares, officially became ASML's largest shareholder!
After learning the truth, Smit's expression changed rapidly.
After Cayman Capital suddenly collapsed and withdrew, his plan to use capital to balance capital completely failed.
Even if I beat him to death, I couldn’t figure out why Cayman Capital had any reason to withdraw even though the stock price was soaring.
Could it be that Robert was so disgusted by him that he didn't want to stay any longer?
Smit had huge doubts about his personality charm. Could he really be so annoying?
Shareholders, including Gates, feel that although Cayman Capital sells shares at a premium, it will definitely be a loss-making business in the long run.
Apart from being unable to bear Smit, they really couldn't find a more suitable reason to explain all this.
So they had weird eyes, staring at Smit, trying to find a hole to get in.
What's even more terrible is that after announcing the news, Robert looked refreshed and smiling, which seemed to confirm everyone's guesses.
Just when Robert was about to leave, Smit suddenly shouted at him:
"You will regret your decision today. The breakthrough of f2 laser is destined to make ASML the most eye-catching star among technology stocks!"
Robert didn't respond, just smiled.
The deal immediately became headline news on Wall Street and Silicon Valley.
The acquisition price of US$370 billion suddenly made Cayman Capital the center of heated discussion in the industry.
But this time it wasn’t a one-sided praise, with mixed reviews for Cayman Capital’s operations.
At this time, he was wandering outside the conference room in agony, like an ant on a hot pot.
After Kombauer came out, he saw a stern look in his eyes:
"You are really persistent, chasing me all the way here."
"Listen to me, I'm not jealous of you..."
Klumbauer yelled: "Shut up!"
"Just watch carefully and see how I can make my family famous."
After saying that, Kembauer was escorted by bodyguards and left the family's ancestral home, which was like a holy palace.
He excitedly dialed Robert's number:
“Sir, when do we start negotiations?
I can fully represent the family and reach a transaction agreement with you. "
Robert suppressed his inner smile and said quickly:
"You can do it at any time. We will package and give you a copy of ASML's financial reports in recent years."
"Haha, that's not necessary. As a shareholder, no one knows ASML better than me."
Robert disagreed with this statement.
Smit is quite capable, and every aspect of financial reporting, profit, and pie looks excellent.
If not for the fact that Peninsula Technology had made some progress in immersion, both Wang Lei and him were convinced.
In the future, the light source of the lithography machine must not be deep ultraviolet, or the f2 laser that ASML is researching. He said that ASML will not be resold.
He is well aware of how arduous the development of f2 laser is.
This kind of light is easily absorbed, and the original lens, photoresist and other supporting materials cannot be used and must be completely re-developed.
Re-research and development means a steady stream of huge investments.
Moreover, even if ASML successfully develops f2 laser and successfully shortens the deep ultraviolet light of 193 nanometers to 157 nanometers, this improvement will be very limited.
It was completely inferior to the immersion experiment data revealed to him by Wang Lei.
Therefore, even if Boss Wang does not urge him, he will sell ASML before Peninsula Technology’s immersive technology matures.
The big reason why ASML's stock is so high now is that Smit has been advocating that the f2 laser will be successfully developed.
ASML will continue to lead the semiconductor trend.
But if Peninsula Technology quickly comes up with more advanced products, the higher it is praised, the harder it will fall.
For ASML’s stock price, it will be an unprecedented disaster!
This is the real reason why Robert decided to sell ASML.
So when Kembauer decided to take over the takeover, Robert welcomed it with both hands.
Before the negotiations even started, Robert had people prepare the richest meal for the team that came to negotiate.
The world's top ingredients surprised even Krumbauer.
"Sir, this meal is not cheap."
Robert said proudly:
"The ingredients are secondary. This bottle of red wine has a lot of history."
Kembauer took a sip nonchalantly and praised:
"The taste is really good. It should be a year old."
"Haha, this bottle was given to me by a friend the year I successfully acquired Asmer. It is said that the auction price was as high as 30 US dollars!"
Kembauer was also surprised, and felt an indescribable feeling in his heart.
He felt that Robert really wanted to make him a friend, otherwise why would he entertain him with such precious drinks.
Little did Kembauer know that this was the decapitation meal that Robert had prepared for him.
In the end, the meal cost about 40 US dollars. If the social network was not developed enough, Kembauer would have had the urge to take pictures to show off.
After the meal, the two sides began formal negotiations.
"Mr. Robert, how about we settle based on today's closing stock price?"
According to Kembauer's calculations, he spent US$45 billion to enter the game and now holds 13.15% of the shares. In several rounds of major growth, the total value has tripled.
If you want to get 30% of the shares from Cayman Capital, you have to pay a huge amount of 307 billion!
But it is obvious that Robert’s appetite from the beginning was not as low as 307 billion.
He smiled and said:
"You should know that the f2 laser is about to be successfully developed. How about we wait until it is developed and then talk about the acquisition?"
If the f2 laser is really successfully developed, the stock price will inevitably usher in a new round of growth. By then, it will not be at this price.
Of course, the Ross family knew this very well.
Still trying to control the pace of the negotiations, Klumbauer quoted again:
"What about 337.7 billion? Let's settle it at a premium of 1.1 times."
Robert still shook his head, and he revealed a number:
"We will not sell it for less than 450 billion."
Everyone in the Ross family was shocked. The premium was nearly 1.5 times. Robert had a huge appetite.
They said rather embarrassedly:
"Sir, even if we agree to your offer, the exchange will reject the acquisition."
If the premium is too large, it will inevitably affect the stock price in the secondary market, and it will be suspected of conveying benefits. The rationality of the valuation will also be questioned, and the exchange will think that both parties are using this to raise the stock price.
Seeing Kembauer's troubled look, Robert was not discouraged.
……
In the end, the Ross family recognized ASML's huge potential value and completed the acquisition of ASML for US$370 billion.
And the transaction was disclosed at the board meeting.
The whole place was filled with astonishment, and as the president, Smith almost stared out of his eyes.
Cayman Capital actually sold all its shares to the Poseidon Foundation, with Kembauer holding 30% of the shares on behalf of the company.
As a result, Kembauer, who owns 43% of ASML's shares, officially became ASML's largest shareholder!
After learning the truth, Smit's expression changed rapidly.
After Cayman Capital suddenly collapsed and withdrew, his plan to use capital to balance capital completely failed.
Even if I beat him to death, I couldn’t figure out why Cayman Capital had any reason to withdraw even though the stock price was soaring.
Could it be that Robert was so disgusted by him that he didn't want to stay any longer?
Smit had huge doubts about his personality charm. Could he really be so annoying?
Shareholders, including Gates, feel that although Cayman Capital sells shares at a premium, it will definitely be a loss-making business in the long run.
Apart from being unable to bear Smit, they really couldn't find a more suitable reason to explain all this.
So they had weird eyes, staring at Smit, trying to find a hole to get in.
What's even more terrible is that after announcing the news, Robert looked refreshed and smiling, which seemed to confirm everyone's guesses.
Just when Robert was about to leave, Smit suddenly shouted at him:
"You will regret your decision today. The breakthrough of f2 laser is destined to make ASML the most eye-catching star among technology stocks!"
Robert didn't respond, just smiled.
The deal immediately became headline news on Wall Street and Silicon Valley.
The acquisition price of US$370 billion suddenly made Cayman Capital the center of heated discussion in the industry.
But this time it wasn’t a one-sided praise, with mixed reviews for Cayman Capital’s operations.
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