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Acquisition finance? Banks would be happy to get involved with such a great company.
Acquisition finance would raise maximum of £6.4 and that's assuming 8 X prospective EDITDA, which is very punchy so you would be looking for £18 billion of equity.
Softbank shares have gone down following the announcement, assumed to be concern over debt burden.
On the subject of trade deals, what are the EU actually going to do if we start negotiating before we leave.
As for all the negativity Softbank just paid £25bn to buy a UK technology company, it paid a 40% premium to the share price to do so. That shows huge confidence in the UK to do so. Whether we where in the EU or not was irrelevant.
Would you be kind enough to explain to me how this is good in both short and long term?
mefty - Member
On the subject of trade deals, what are the EU actually going to do if we start negotiating before we leave.
Probably not much but it does need somebody to decide they want to start negotiations before they know what the UK and eu position will be so it could be a very wasteful couple of years. After that I'd probably want to wait until the UK was more desperate.
On the subject of trade deals, what are the EU actually going to do if we start negotiating before we leave.
[url= http://www.simplyhired.com/search?q=international+trade+negotiator ]don't see any positions at HM Gov[/url] 😉
On the subject of trade deals, what are the EU actually going to do if we start negotiating before we leave.
I've been wondering this too. Lots of folk have pointed out that it would be illegal but I haven't seen anyone say what the punishment would be.
Would you be kind enough to explain to me how this is good in both short and long term?
It's good in the very short term because it is a chunk of extra tax in the bank and with enough imagination and blinkers it can be spun into a positive story that people desperate for good news will buy.
I've been wondering this too. Lots of folk have pointed out that it would be illegal but I haven't seen anyone say what the punishment would be.
My guess is that it is nothing, in reality we are not going to be treated as full member of the EU once we hit the button, so we could launch lots of discrimination suits, likewise they could try and presumably fine us - but it will all come out in the wash as it normally does when a contract (which is what a treaty is) is torn up.
Lots of folk have pointed out that it would be illegal but I haven't seen anyone say what the punishment would be.
The EU can remind the other parties of the position also, remember it takes 2 to negotiate.
The EU can remind the other parties of the position also, remember it takes 2 to negotiate.
But they can't do anything and fundamentally it completely unreasonable to stop a country looking to its future.
But they can't do anything and fundamentally it completely unreasonable to stop a country looking to its future [i]and realising the light at the end of the tunnel is the house burning down[/i]
FIFY
On the subject of trade deals, what are the EU actually going to do if we start negotiating before we leave.
Let's hope they punish us by stopping free movement of people and diverting the 350 million a week into the NHS, goodness know our own overlords can't be trusted.
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That shows huge confidence in the UK to do so
So if I buy a German car does that show great confidence in Germany as a whole?
Surely they simply have confidence in ARM?
jambalaya - Member
...As for all the negativity Softbank just paid £25bn to buy a UK technology company, it paid a 40% premium to the share price to do so. That shows huge confidence in the UK to do so. Whether we where in the EU or not was irrelevant.
Actually Jamba, if you check the price, exchange rate and forecast value, quite the reverse.
Brexit uncertainty hit the exchange rates making it cheaper, and Brexit uncertainty mean it went at £17/share when forecasts were that it would be worth far more in a few years time.
Classic pricing of risk and opportunism. And who can blame them.
But it's basically a UK liquidation sale. Firesale if you prefer the Americanism.
But it's basically a UK liquidation sale. Firesale if you prefer the Americanism.
See the other thread - but NO it isnt.
You are a smart engineer with M&A experience - do the maths.....
See other thread THM - and I didn't claim to be smart. Poor engineer is what I said - but I'll take the compliment.
I have yet to meet an engineer who isn't smart - their maths is well beyond me!!! They occassionally under-sell themselves though 😉
I have yet to meet an engineer who isn't smart
You need to come meet some of the engineers I've met then.
I have yet to meet an engineer who isn't smart
i know lots of scruffy, intelligent engineers, not so many smart ones...
I know a 'domestic engineer' who knows how to trade ARM shares well 😉
She is smart though - in both senses!!
Interesting article in the Indi
The more time goes by, the more plausible it becomes that the UK may never actually leave the European Union.Leaving the EU is so difficult, and the consequences are so economically damaging, that it may be easier for prime minister Theresa May's government to endlessly delay the process rather than to actually leave.
Morgan Stanley economists Jacob Nell and Melanie Baker published a fascinating note to investors this morning in which they attempt to figure out how the UK will actually leave the EU, and what the UK's post-Brexit relationship with Europe will look like.
It's been clear from day 1 that there is no plausible way forward. Problem is, will the investment dry up sufficiently or the economy collapse badly enough to force an embarassing climbdown, or will we just suffer moderate economic harm indefinitely for no purpose?
From the Indy article:
10. Triggering Article 50 is reversible! Not many people know this. But the UK can formally trigger its Article 50 request and then withdraw the request before Brexit actually takes place, if the country wants to.
Never knew that. The brexit turd that arrived on our plate can be sent back to the kitchen if we decide that we don't want to eat and pay for it. Assuming that we actually have any money left by that point.
Cheered me up.
10. Triggering Article 50 is reversible! Not many people know this. But the UK can formally trigger its Article 50 request and then withdraw the request before Brexit actually takes place, if the country wants to.
Well I just read Article 50 and there is no provision for withdrawing it so I don't know how they came to this conclusion.
I think it's a case of laywers arguing over the interpretation. The treaty doesn't explicitly say anything about withdrawing being possible or impossible. It would of course be hugely embarassing and greatly harm the UK's status but this process already guarantees that anyway.
If we dick around too much, the rest of the EU could in principle kick us out but that's some way off.
It would of course be hugely embarassing and greatly harm the UK's status
you mean we could look more stupid than we do already ? 😆

