Due to the memory (giant Micron (Micron) will be nt $30 per share acquisition of Formosa plastics group's DRAM subfamily factory China full ownership, is expected to finalize before the end of October. Therefore, meguiar's chief executive Duncan (MarkDurcan) again in 22 arrived in Taiwan, China, is expected to for South Asia investment meguiar's case for final negotiation.

Subfamily only at present, meguiar's merger China South Asia division has not yet to invest in a meguiar's condition, so the Duncan to Taiwan, expect is hope to accelerate the related conditions of negotiations, eventually making the merger will be passed.

Tim Duncan and the degree of meguiar's chief financial officer horse g in mid-july (ErnieMaddock) had arrived in Taiwan, and with each unit to negotiate, hope can speed up the meguiar's subfamily of mergers and acquisitions to China. And beautiful light at the end of July to the United States will (SEC), with the submitted reports the latest shareholder rights agreement, this behavior is referred to as involved in South Asia investment stake in micron.

But at the time, however, the two sides failed to agree on. And the Duncan to Taiwan again, expect a breakthrough for related consultation. The China subfamily has said, the relevant content is in progress, if have the result will be a formal announcement.

Before we have learned, meguiar's acquisition of Washington subfamily case late unresolved key, lies in the south branch will get inside line of nt $31.5 billion meguiar's private transaction failed to reach a consensus. Just, south Asian families agreed to after, in addition to the original to nt $31.5 billion stake in meguiar's case in private way, you can also choose to private equity and subscribe convertible bonds in micron. One of them. Nt $6.291 billion yuan is the private equity, subscribe convertible bonds amount is nt $12.583 billion. After the meguiar's share price after standing back above $17 per share, let us obtain advantageous bargaining chip, light makes the deal a major breakthrough.

Overall, meguiar's plans to nt $30 per share in cash, a total of the price of nt $130 billion merger China subfamily full ownership, to complete the three elements. The first two is in addition to be fair and TouShenHui will approved by the competent authority, and to obtain bank group and China nt $80 billion credit conditions, the third is South Asia will be invested in meguiar's.

Subfamily and at present, South Asia, China has been in March 2016 the shareholders' committee through the case, Taiwan, TouShenHui fair also has passed, in addition, meguiar's a nt $80 billion syndication case, not only more than 20 Taiwan Banks registration, and finally loan amount is more than nt $120 billion. Now only South Asia division will share investment meguiar's is still in progress. If Duncan this time to Taiwan agreed to this matter and my briefcase, subfamily, meguiar's merger and acquisition China case will speed up to complete.