Chapter 270: Chapter 270 Anhua Gao
Because Yulia suffers from congenital heart disease, Barron specially arranged for her to have a check-up at Elizabeth Hospital in Lijiaopo, and specially brought a doctor over today to inquire about the situation.
Of course, this is the apparent reason why he has the relevant doctors here at this time. In fact, Barron already knew that in the original time and space, after lunch near the afternoon today, Qiu Delu would die due to a sudden heart attack and would not be able to receive timely treatment. Therefore, he made such an arrangement and specially made an appointment with the other party this year.
Therefore, after Qiu Delu fell ill, Barron not only gave him first aid measures as the doctor instructed, but also summoned the doctor immediately. After some emergency treatment, he successfully sent him to the hospital.
"Your Highness, thank you so much."
Later, several of Kuok Teck Puat's children came to Barron's presidential suite at the Goodwood Park Hotel to thank him.
It can be said that their gratitude at this time came from the heart, because according to the doctors at Queen Elizabeth Hospital at the time, because Kuang Teck Puat was old and in poor health, his condition yesterday was very dangerous. If he had not been treated urgently on the spot and sent to the hospital in time, the consequences would have been disastrous.
Even if he were sent to the hospital under normal circumstances, there would probably be no way to save him.
Therefore, in their view, it was because the young duke in front of them happened to have a professional doctor in the hotel and performed emergency first aid that their father was able to recover. It was no exaggeration to say that he saved his father's life.
"That's as it should be. Mr. Qiu is blessed by fate. I wonder how he is doing now?"
Hearing Barron's question, Elizabeth Qiu said,
"Our father is out of danger now, but he still needs to be hospitalized for recuperation. He once said that he hopes to thank you in person when he recovers a little."
"That's not necessary. I am very happy to be able to help, especially that Mr. Qiu can escape from danger."
…
"We have basically reached an agreement with Agilent and they have accepted our offer to acquire their semiconductor division for $2 billion. The transaction will be completed in the near future."
Compared with 2005, Agilent's operating performance last year was not good, so the price they paid for acquiring its semiconductor division this time was slightly lower, which made Baron very satisfied.
Barron still stayed in Lijiaopo, and met Chen Fuyang here who had completed the acquisition negotiations with Agilent. The reason why he came here was because he hoped to set up the headquarters of the new company in Lijiaopo after the acquisition.
Agilent, which was originally spun off from HP, is headquartered in California, USA. However, Chen Fuyang believes that setting up the new company's headquarters in Lijiaopo will have many advantages. First of all, the tax burden in Lijiaopo is lower than that in the United States. The comprehensive tax rate is about 10%, which is beneficial to the future market competitiveness of the new company.
In addition, since its headquarters is located in Lijiaopo, it can also enjoy many preferential policies of Lijiaopo for such semiconductor companies.
After thinking about it, Barron agreed.
When naming the new company, they still used Avago Technologies, which is the name of Avago Technologies.
The reason why Barron had some doubts about Chen Fuyang's proposal was that although there were indeed many advantages to placing Avago's headquarters in Lijiaopo, in his previous life, when Avago acquired Broadcom, a well-known American chip manufacturer, because its headquarters was located in Lijiaopo, although Avago originally originated from HP, it was still regarded as a Lijiaopo company. The transaction was subject to a lot of scrutiny from the American side and was not so smooth.
But Baron thought that since in the original time and space, Avago was able to develop after moving its headquarters to Lijiaopo, and was able to "swallow an elephant" and acquire Broadcom after its IPO in the United States, then he should believe in Chen Fuyang's personal abilities, so he finally agreed to such a proposal.
Moreover, in Avago's semiconductor business, the Asian market will be a market that will grow extremely rapidly in the future, especially for the Chinese market. Avago's chip-related businesses in the fields of communications, industry, automobiles, consumer electronics, storage and computers will be the main battlefield for future performance growth. Setting up the headquarters in Lijiaopo will also allow it to be closer to this market.
…
"After this incident, I have let go of many things. After this, I am also ready to retire completely. The shares of Standard Chartered Bank will not have much meaning in my hands. I am willing to sell it to you. I hope you can keep the business of Standard Chartered Bank unchanged in the future."
After his health improved slightly, Barron went to the hospital to visit Tan Sri Khoo Teck Puat again. During this meeting, the other party finally agreed to transfer his 13.5% stake in Standard Chartered Bank to Barron.
Among these, Barron can be said to have saved his life in time, which was the main reason.
However, initially, the reason why Standard Chartered Bank was helped to resist the acquisition by Lloyds Bank was that many people, including Qiu Depu, as old customers of Standard Chartered Bank, did not want the acquisition to shift Standard Chartered Bank's strategic defense line focusing on emerging markets to the European market including the UK.
Now after agreeing to sell the shares, Qiu Debao did not forget to make such instructions.
"Don't worry, Mr. Qiu. Even if I take control of Standard Chartered Bank in the future, their current business in emerging markets in Asia, Africa and Latin America will not decrease, but will continue to develop."
Then, in March, an explosive news came out.
Mr. Khoo Teck Puat, the richest man in Leekath, sold his family's 13.5% stake in Standard Chartered Bank to DS Capital, which was controlled by the Duke of England, Barron Cavendish, after he became seriously ill.
According to the information disclosed by DS Capital, after adding the Standard Chartered Bank shares that they had just acquired from the Tan Sri Kuang family, their current stake in the bank has exceeded 30%!
This also includes the purchase of some outstanding shares from the London Stock Exchange and the Hong Kong Stock Exchange during this process.
At the same time, DS Capital also began to formally contact the management of Standard Chartered Bank at that time and proposed to them the idea of acquiring this bank with great influence in emerging markets.
Influenced by this news, Standard Chartered Bank's share price has risen by 20% from around US$5.85 to the current price of over US$7.
Calculated at this price, the total market value of Standard Chartered Bank has reached 7.9 billion US dollars!
Because Standard Chartered Bank is one of the note-issuing banks in HK, after DS Capital made an offer to acquire Standard Chartered Bank for US$8 billion, HK also issued a statement saying that it would review this acquisition.
This is the advantage that Barron's DS Capital has over Li Jiapo's Temasek Investment Company in the original time and space in acquiring Standard Chartered Bank.
In addition to the fact that Standard Chartered Bank originally belongs to the Bank of England and is headquartered in London, DS Capital's acquisition of Standard Chartered Bank will not be subject to much scrutiny from the UK.
As one of the three major note-issuing banks in Hong Kong, the laws of Hong Kong also have specific provisions for it.
That is, Hong Kong's three major note-issuing banks do not allow foreign entities or entities mainly controlled by foreigners to hold more than 20% of their shares. If this regulation is violated, the bank will automatically lose its qualification as a Hong Kong note-issuing bank.
Because Temasek Holdings is a state-owned investment company owned by Lee Ka Po, it is a "foreign controlled entity".
In the original time and space, Temasek Holdings' stake in Standard Chartered Bank once reached 19.03%, which was close to the red line of 20%, but it has not continued to increase its holdings because of this reason.
Although DS Capital is foreign-funded, it is not a "foreign government-controlled entity" but a private company. Therefore, it is not subject to this restriction when it comes to increasing its stake in Standard Chartered Bank.
Therefore, Barron was not too worried about HK's scrutiny.
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