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Chapter 1024: Broken Jar

The dispute in the conference room is still going on, and the two parties are still bargaining and changing the price. However, after selling the icq stake, GE basically no longer objects to the seller's bottom line. The difference is just the price of the sale.

ICQ, Baker Hughes Energy Company, some industries of GE's security department, etc., each company was treated as a leek and cut away from GE!

Baker Hughes Energy Company is not yet a giant company, with annual revenue of about US$3 billion, which is incomparable to energy giants such as Enron, Rockefeller, and Exxon.

But in the hands of General Electric, through buying and selling, Baker Hughes has been built into a company with the entire petroleum industry chain technology. It is now one of the three major oil and gas technology companies in the world besides the energy giants!

From drilling to completion to mining and production, Baker Hughes can complete it independently. As long as Baker Hughes is given time and money, Baker Hughes will only become bigger and bigger in the future, with annual revenue exceeding tens of billions of dollars.

, it’s not difficult at all.

Now that we have acquired Baker Hughes Energy from General Electric, if Enron collapses and we can get a share of Enron's pie, then Baker Hughes can inherit Enron's natural gas pipelines and energy business, and create a new America Energy.

Giant!

General Electric's security business also took a big bite this time. Although General Electric's engine business is the most coveted, it is not easy to win. However, in addition to the engine department, this time Kravis, Ma

Kusi, Gleick and others helped the North American Global Investment Fund acquire industries including aviation instrumentation, radar, flight systems, etc., but they were all eaten up.

The revenue from these businesses is not very large, but it is more stable. The largest customers are basically several major airlines in America and several major federal arms manufacturers. The technology and customers are all ready-made. If you buy them back, you can basically

You can start earning money right away.

Song Yang plans to transfer this part of the security business to Apollo Space Exploration and Blackwater, mainly to Blackwater.

Blackwater's current company also obtained weapons production qualifications with the help of Tom DeLay and other Elephant Party members of Congress.

In the past few years, Blackwater has successively acquired several small and medium-sized small arms manufacturers. This time it acquired the security industry of General Electric. Even if it is not comparable to American arms giants such as Lockheed Martin, Boeing, and Raytheon, it is still

He can immediately transform and become one of America's major arms giants. The most important thing is that Blackwater can improve its status in America's military-industrial complex!

The status of the military-industrial complex in America is unquestionable, and it has always played the role of a troublemaker. Every time America uses force externally, there is the shadow of this complex behind it. When the cannon goes off, gold is worth ten thousand taels, and every time it is fired,

Behind the scenes are hundreds of billions or even trillions of dollars in arms orders, and the members of the military-industrial complex are always satisfied.

In America, the military-industrial complex is also a behemoth. Nearly one-sixth of the family members in America work more or less in the industrial chain created by the military-industrial complex. You can imagine how influential it is.

The gentlemen on Capitol Hill are not willing to easily provoke the complex. If Blackwater can become the leader of the military-industrial complex, it can also provide more help to Song Yang!

“GE’s home appliance business can be sold for $10 billion!”

While the conference room was still negotiating for price changes for more than 400 companies owned by General Electric, Immelt suddenly spoke. This time, it was the people on Song Yang's side who were shocked.

Immelt looked calm when he saw the astonished Song Yang, Kravis and others. Anyway, today he sold all the holdings of ICQ, Baker Hughes, and the security department to raise 423 for General Electric.

Billions of dollars in life-saving money.

He has sold everything, and Immelt has broken the pot. If Song Yang dares to buy, he will dare to sell. As long as Song Yang can afford a beautiful knife and has the ability, he can control more than 400 GE companies around the world.

Buy it, as long as you are not afraid of being choked!

Kravis, Gleick, and Marcus were temporarily out of control by Immelt. General Electric started its business with home appliances. The first product it produced was the light bulb developed by Edison. Now Immelt

, you actually want to sell your ancestor’s brand?!

The home appliance business is no longer very profitable. The competition is too fierce. Labor and production costs in America are also constantly increasing. If GE's home appliance business is not supported by brands, it is estimated that it can take the high-end brand route.

I have no pants left that I have lost a long time ago.

But no matter how much it loses, the home appliance business is GE's signature business. How can it not be surprising that Immelt wants to sell it now?

Song Yang and Kravis discussed in a low voice for a few words, and finally nodded to Immelt, "The North American Global Investment Fund can acquire it for US$6 billion!"

General Electric's home appliance business mainly produces washing machines, dryers, dishwashers, refrigerators and other products. It's hard to say how good the product sales are, but the technology is definitely not bad, after all, it has been accumulated over the years.

If you get General Electric's home appliance business, you can let Alcatel mobile phones and Panda TV take over. Then you can follow the example of a certain Booth and create an Alcatel or Panda home appliance business for the whole family, from mobile phones to TVs to various home appliances.

, are all available, and if we do a smart home appliance gimmick in the future, it will probably add a lot of money to our wallets!

Immelt shook his head when he heard that Song Yang was offering a discounted price as soon as he came up. "At US$8.5 billion, GE's home appliance brand is the most well-known and recognized home appliance brand in America!"

Immelt gave a lot of reasons, but in short, we need more money!

"Sixty-five billion dollars!"

Song Yang said directly, "Compared to Siemens in Europe and home appliance brands in Asia, GE's home appliance business does not have any advantages. To acquire GE's home appliance business at this price, the North American Global Investment Fund will have to pay a lot of money.

Use the funds to rectify these businesses!”

Song Yang's meaning is very clear. If the price exceeds this price, he will no longer take over GE's home appliance business. After taking over, he will move GE's home appliance production lines to Yanjing, Jinling, Pengcheng and other places. On America's side, only R&D will be retained.

Center, it is estimated that a considerable amount of severance pay will be required to complete the process.

Immelt glanced at Song Yang for a few times, and finally nodded. He received nearly 50 billion US dollars in cash from Song Yang, which was enough for General Electric to tide over this crisis.

After negotiating this last deal, even if Song Yang was still a little jealous of GE's other departments and businesses, he could only give it up "for the time being" and wait until he has the opportunity next time to continue cutting leeks!

In fact, the cash flow in Song Yang's hands has also been consumed a lot. He spent more than 50 billion US dollars at a time. Song Yang needs to take precautions before they happen. Otherwise, like General Electric, he will have to rely on the sellers to survive.

"I hope there will be an opportunity to "invite" you Song to visit General Electric next time!"

The moment he signed the agreement, Immelt paused the Parker pen in his hand, raised his head, and said a pun to Song Yang.

Obviously Immelt is not willing to give in. He was stabbed by Song Yang this time. If there is a chance, he will definitely pay it back!

Song Yang raised his eyebrows. He didn't care about Immelt's faint "threat" and said calmly, "It's a great honor. If I have the chance, I hope to "visit all the departments of General Electric."

!”

This time, Song Yang can only be regarded as taking some scraps from GE. GE's most profitable electrical equipment, engine department, GE Medical Biotech, GE Financial, insurance, etc. are all still in Immelt's hands.

.

If there is a chance next time, Song Yang will definitely take away these most important businesses of GE, such as GE's medical, biological, electrical equipment, etc.!

Before the American stock market closed, General Electric's stock price suddenly began to rise by a unique 9%, attracting the attention of the entire Wall Street.

After the market closed, the Wall Street Journal was the first to break the news, "General Electric reached a $48.8 billion deal with an investment company headed by the North American Global Investment Fund!"

As soon as this news came out, it basically meant that General Electric had overcome the difficulties and no longer had to worry about thunderstorms.
Chapter completed!
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