In order to make SOFTBANK "lightning" acquisition ARM, Masayoshi Son, bred 4-SOFTBANK, Masayoshi Son-IT information
Earlier this month, day, situerte·qianbosi (Stuart Chambers) is Turkey vacation, but this rare quiet was broken by Masayoshi son--he brings heavily armed bodyguards and a takeover, hopes to win United Kingdom famous technology company ARM.
Being the founder of SOFTBANK, Masayoshi Son, will this Japan company into a multinational telecommunications and Internet companies. In order to meet ARM's Chairman, he came to maermalisi – this is Turkey's seaside resort, the President had just fled from here on Friday to leave, to surrender a coup d ' état.
Due to Istanbul Airport recently suffered terrorist attacks, so the son here aboard a private jet accompanied by bodyguards. On July 3, when the Chambers are Eastern Mediterranean next to enjoy pleasant leisure time, but unprepared to receive the SOFTBANK launched a formal takeover offer.
Both sides then called "pineapple" Marina restaurant for lunch, and had a long talk. After 13 days, 58, son of usher in victory: he arrived in London on Monday, announcing ￡ 24.3 billion acquisition of ARM--in a friendly way this transaction completed entirely in cash.
This will become the Asian companies ever to United Kingdom launched by the company's largest acquisition, is by far the largest mergers and acquisitions in the technology industry in Europe, is also a son founded Softbank, the largest amount since 1981 a deal.
Son also said in a call a day before United Kingdom first Tracy Sha·Mei (Theresa May) and Chancellor of the Exchequer, Philip Hammond (Philip Hammond), ensure that the United Kingdom Government would not set any obstacles for the deal. He listed a number of plans (these are agreement had been reached before the lightning talks), including a legally binding commitment--the ARM of United Kingdom employees expanded 1 time.
Masayoshi Son career this week's biggest gamble, betting he won't. He told the financial times that he admired years ago ARM.
ARM has dominated the global smartphone market, annual shipments of more than 15 billion chips based on ARM architecture. Confident SOFTBANK believes that the company will be the next wave of Internet of things plays a crucial role.
"Every street will connect to the Internet, so that you can save electricity when no vehicles. "Son near Hyde Park in New York City Seasons Hotel said in an interview," the car will also be networked, thereby significantly enhance the security of driverless cars. All things are interconnected, what is the biggest thing in common between them? Is the ARM. ”
In fact, as early as 2012 acquisition United States prior to the mobile operator Sprint, Masayoshi son has ownership of the coveted ARM. United States regulators reject Sprint and rival t-mobile United States combined, the $ 20 billion deal in son left a black mark on the otherwise bright investment experience. However, the Sun of Justice "crazy idea" or helping him raise the funding for acquisition ARM, and is aware that he is planning a big project.
About 3 months ago, SOFTBANK has secretly bought 1.42% shares of ARM.
In early June this year, SOFTBANK also announced that by selling part of the stake of $ 10 billion. Masayoshi Son, 2000 spending $ 20 million stake in Alibaba, the stake is currently worth about US $ 60 billion, but he has never sold shares of company stock. A few weeks later, SOFTBANK and hot hand the tribal wars developer Supercell's majority stake sold for $ 8.6 billion to the company.
Soft silver-saddled with $ 112 billion in debt, so a lot of investors thought that the money will be used to repay part of the debt. There are also closely considered, it was decided to buy ARM, justice led Sun's successor, former Google executive nikeshi·aluola (Nikesh Arora) on June 22, the sudden departure.
Arora told the financial times that he decided to leave, because SOFTBANK abandoned plans to retire in 2017. Masayoshi Son told Mr Arora said his interest in the ARM, but it was not clear whether the acquisition decision has exacerbated tensions between the two.
Arora after, Masayoshi Son, continue to advance the plan. But on June 24, when the United Kingdom decided to withdraw from the EU through referendum, the plan suffered a setback. Ironically it is this ARM's shares soaring, offsetting the potential currency gains. Sterling fell against the dollar and the yen, investors flock to the best United Kingdom companies--particularly those that mainly benefit in dollars of the United Kingdom companies.
But in any case, the United Kingdom out of the EU Sun plans to buy ARM of Justice, does not have much effect. "In my decision making process, United Kingdom from the European Union influence even under 0.1%. "He said to reporters after the deal was announced.
He goes on to the end of June to invite ARM Silicon Valley CEO ximeng·saigesi (Simon Segars) dinner, place in his mansion is located in the aosedun area.
He decided that the SEG, and his vision for the Internet of things have the same and therefore should continue after the completion of the acquisition of ARM operations.
When he met Chambers when Masayoshi Son, maermalisi, SEG, and SOFTBANK international CFO aoluoke·SAMA (Alok Sama) are also present. But what is surprising is, first offer is not made on the spot. Chambers led the ARM then hired Goldman Sachs and Lazard acted as Adviser to the Board of Directors. Several days after first offer was rejected, while SOFTBANK subsequently raised its offer, but was rejected again.
Due to their victory, flew to London on Tuesday signed a deal on the son decided to – the situation is clear, Tracy Sha·Mei will be the United Kingdom's new Prime Minister. Lazard London Mayfair Office, 7/f, was released out of Masayoshi Son, Chambers, and the two camps featured several representatives began their haggling. The SOFTBANK CEO made a third offer directly to Chambers, Chambers once again refused and replied to a larger amount.
Masayoshi Son, feeling that the deal may fail, so he left Lazard's offices back to the Hyde Park luxury hotel The Berkeley, in order to ease the tense atmosphere.
A consultant involved in the talks said: "the discrepancies in us ARM. "Masayoshi Son, has raised its offer, he must" draw a line ".
Soon after, Chambers invited the son to another luxury hotel near The Lanesborough. There, the relationship to ease off on both sides, Chairman of the two eventually reached ￡ 17 per share cash deal, in addition to pay dividend of 4 pence--a more ARM's most recent closing price premium of 43%.
Sun justice boutique investment bank advisers team include The Raine Group, Robey Warshaw, and Japan Mizuho Securities, they start with ARM consultants co-authored the final terms of the deal. The next few days, they also purchase funds from the ￡ 24.3 billion yen and dollars into pounds, in order to meet United Kingdom takeover rules.
Insiders used to worry that such a large deal would leak, caused politicians in such a highly sensitive period for overseas buyers wary.
But earlier on Monday, when news of this deal, and everything is in order. After two weeks of fighting, which shocked the entire technology industry deal was officially announced.
Investors ' first reaction was to sell SOFTBANK of Tokyo stocks, the unit down 10%. But to the son, and the maximum bet in this career is not about short-term benefits.
"Most of the time when I when moves are taken, people will say I'm crazy. "He said," but I'm not considering the immediate loss ... ... I considered was 20 years away. ”
为了让软银“闪电”收购ARM，孙正义酝酿了4年 - 软银,孙正义 - IT资讯
本月初的一天，斯图尔特·钱伯斯(Stuart Chambers)正在土耳其海岸度假，但这份难得的宁静却被孙正义打破了——他带着全副武装的保镖和一份收购要约，希望拿下英国著名科技公司ARM。
身为软银创始人，孙正义将这家日本公司打造成了一家跨国电信和互联网巨头。为了见到ARM董事长，他来到了马尔玛丽斯——这是土耳其的一个海滨度假胜地，该国总统上周五刚刚从这里仓皇离开，前去降服一场政变。
由于伊斯坦布尔机场不久前刚刚遭遇了恐怖袭击，所以孙正义在保镖的陪同下乘坐私人飞机来到了这里。7月3日，当钱伯斯一行人正在地中海旁享受惬意的闲暇时，却毫无防备地收到了孙正义发起的正式收购要约。
双方随后在一家名叫“菠萝”的滨海餐厅共进午餐，并进行了一次长谈。13天后，58岁的孙正义迎来了胜利：他在周一到达伦敦，宣布斥资243亿英镑以友好的方式收购ARM——这笔交易完全以现金形式完成。
这将成为亚洲企业有史以来对英国公司发起的最大并购，也是迄今为止欧洲科技行业规模最大的并购，同样也是孙正义1981年创办软银以来金额最大的一宗交易。
孙正义还曾在一天前致电英国首先特蕾莎·梅(Theresa May)和财政大臣菲利普·哈蒙德(Philip Hammond)，确保英国政府不会为该交易设置任何障碍。他列举了一系列计划(这些计划均已在之前的闪电谈判中达成一致)，包括一项具有法律约束力的承诺——将ARM的英国员工规模扩大一倍。
这是孙正义职业生涯周最大的一次赌博，他自然不会轻易下注。他对《金融时报》表示，他多年前就很钦佩ARM。
ARM已经主导了全球智能手机市场，基于ARM架构的芯片年出货量超过150亿片。而自信满满的孙正义认为，这家公司将在下一波物联网浪潮中扮演至关重要的角色。
“每一盏路灯都将接入互联网，这样就能在没有车辆经过时省电。”孙正义在纽约海德公园附近的四季酒店接受采访时说，“汽车也都将联网，从而大幅提升无人驾驶汽车的安全性。万物都将互联，他们之间最大的共同点是什么？是ARM。”
事实上，早在2012年收购美国移动运营商Sprint之前，孙正义就已经觊觎ARM的所有权。在美国监管者拒绝Sprint与竞争对手T-Mobile美国合并后，那笔200亿美元的交易在孙正义原本耀眼的投资履历上留下了污点。不过，孙正义的其他“疯狂想法”还是帮助他筹集了收购ARM所需的资金，并让外界得以察觉他正在酝酿一个大计划。
大约3个月前，软银秘密收购了1.42%的ARM股份。
今年6月初，软银还宣布通过出售部分阿里巴巴股份变现100亿美元。孙正义2000年花费2000万美元入股阿里巴巴，那些股份目前的价值约为600亿美元，但他此前从未出售过一股阿里巴巴股票。几周后，软银又将热门手游《部落战争》开发商Supercell的多数股权作价86亿美元出售给腾讯。
由于软银背负了1120亿美元的巨额债务，因此很多投资者当时认为，这笔资金将用于偿还部分债务。还有一些密切关注者认为，正是收购ARM的决定，导致孙正义的接班人、谷歌前高管尼克什·阿罗拉(Nikesh Arora)于6月22日突然离职。
阿罗拉当时对《金融时报》表示，他之所以决定离职，是因为孙正义放弃了2017年退休的计划。孙正义曾经向阿罗拉透露多他对ARM的兴趣，但目前还不清楚这一收购决定是否加剧了二者之间的紧张关系。
阿罗拉离职后，孙正义继续推进这一计划。但6月24日当天，当英国通过公投方式决定退出欧盟后，这项计划却遭遇了挫折。具有讽刺意味的是，这个结果令ARM股价飙升，抵消了潜在的汇率收益。由于英镑对美元和日元汇率大降，投资者纷纷涌向表现最好的英国公司——尤其是那些主要以美元形式获得收益的英国公司。
但无论如何，英国脱离欧盟并没有对孙正义收购ARM的计划产生太大影响。“在我制定决策的过程中，英国脱离欧盟的影响比例甚至不到0.1%。”他在交易宣布后对记者说。
他接下来于6月末邀请ARM硅谷CEO西蒙·赛格斯(Simon Segars)共进晚餐，地点就在他位于奥瑟顿地区的宅邸内。
他认定赛格斯与他对物联网有着相同的愿景，因此应该在收购完成后继续负责ARM的运营。
当孙正义前往马尔玛丽斯会见钱伯斯时，赛格斯和软银国际CFO奥洛克·萨马(Alok Sama)也都在场。但出人意料的是，第一次报价并未当场提出。钱伯斯领导的ARM董事会随后聘请高盛和Lazard担任顾问。第一次报价几天后遭到拒绝，虽然软银随后上调了报价，但却再次遭到拒绝。
由于感觉自己胜券在握，孙正义决定于上周二飞到伦敦签订交易——当时的情况已经明朗，特蕾莎·梅将会成为英国新任首相。Lazard伦敦梅菲尔区办事处的7楼被整个腾了出来，孙正义和钱伯斯两大阵营各自精选出几名代表开始讨价还价。这位软银CEO直接向钱伯斯提出了第三次报价，钱伯斯再度拒绝，并回复了一个更大的金额。
孙正义感觉这笔交易可能会失败，于是，他离开了Lazard的办事处，回到了海德公园旁的豪华酒店The Berkeley，以便缓和紧张的气氛。
一名参与谈判的顾问说：“ARM跟我们口径不一。”孙正义已经上调了报价，他必须“划定底线”。
不久后，钱伯斯邀请孙正义来到附近的另一家豪华酒店The Lanesborough。在那里，双方的关系重新缓和下来，这两位董事长最终达成了每股17英镑的现金收购协议，另外还要支付4便士的分红——这一价格较ARM最新的收盘价溢价43%。
孙正义的顾问团队包括精品投行The Raine Group和Robey Warshaw，以及日本瑞穗证券，他们开始与ARM的顾问共同起草最终的交易条款。接下来的几天，他们还专门把价值243亿英镑的收购资金从日元和美元兑换成了英镑，以便符合英国的收购法规。
内部人士曾经十分担心这样一笔大型交易将会走漏风声，在这样一个高度敏感的时期引发政治人物对海外收购方的警惕。
但到上周一早些时候，当这笔收购交易的消息传出时，一切都已经安排妥当。经过两个星期的战斗，这笔震惊整个科技行业的交易终于正式宣布。
东京投资者的第一反应就是抛售软银股票，导致该股暴跌10%。但对孙正义来说，这笔职业生涯中的最大赌局绝不是看重短期利益。
“多数时候，当我采取大动作时，人们都会说我疯了。”他说，“但我考虑的不是眼前的得失……我考虑的是20年后的事情。”