Back to 1995

Chapter 932

Disputes in the conference room continued, and the two sides were still negotiating to change the price. However, since the sale of ICQ's equity, General Electric basically no longer objected to the seller's bottom.

ICQ, Baker Hughes Energy Company, some industries of General Electric's security department, etc., all companies were treated as leeks and cut off from General Electric!

Baker Hughes Energy Company is not yet a giant company, with an annual revenue of about US$30 billion, which is incomparable with energy giants such as Enron, Rockefeller, and Exxon.

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

From drilling to completion to mining and production, Baker Hughes can independently complete. As long as Baker Hughes is given time and money, Baker Hughes will only grow bigger and bigger in the future, with annual revenue exceeding US$[-] billion , it is not difficult at all.

Now we get Baker Hughes Energy from General Electric. If Enron falls down, we can get a share from Enron, so that Baker Hughes can inherit Enron's natural gas pipeline and energy business, and create a new American Energy giant!
General Electric's security business has also been bitten off this time. Although GE's engine business is the most eye-catching, it is not easy to win it. However, apart from the engine department, this time Kravis, Ma Kuss, Greck, and the others helped the North American Global Investment Fund win industries including aviation instruments, radar, and flight systems, and they were all eaten up.

The revenue of these businesses is not too large, but they are stable. The biggest customers are basically the major airlines in America and the major arms manufacturers in the Federation. The technology and customers are ready-made. You can start earning dollars online.

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

With the help of Tom Delay and other Elephant Party members of Congress, Heishuixian Company also obtained the qualification for weapons production.

In the past few years, Blackwater has successively acquired several small and medium-sized light weapons manufacturers. This time, it has acquired General Electric's security industry. Immediately, he can transform himself into one of the major arms giants in America. The most important thing is to improve the status of Blackwater in the military-industrial complex of America!
The status of the military-industrial complex in America is undoubted, and it has always played the role of a shit stick. Every time America uses force, there is the shadow of this complex behind it. Behind them are hundreds of billions or even trillions of dollars in arms orders, and members of the military-industrial complex can eat enough every time.

In America, the military-industrial complex is also a behemoth. Nearly one-sixth of the family members in America are more or less working in the industrial chain created by the military-industrial complex. One can imagine how influential it is. The gentlemen on Capitol Hill are also unwilling to provoke the complex easily. If Blackwater can become the leader of the military-industrial complex, it can also provide more assistance to Song Yang!
"The appliance business, GE can sell for $100 billion!"

When the conference room was still negotiating and changing prices for more than 400 companies under General Electric, Immelt suddenly said that this time, Song Yang's people were surprised.

Immelt saw the astonished Song Yang, Kravis and others with a calm expression. Anyway, he sold all the way today, sold ICQ's controlling stake, Baker Hughes, and the security department, and raised 423 for General Electric. Hundreds of millions of dollars in life-saving money.

They were all sold, and Immelt also broke the pot. If Song Yang dared to buy, he would dare to sell. As long as Song Yang can afford a good dollar and has the ability, he will sell more than 400 companies of General Electric all over the world. Buy it, as long as you are not afraid of being choked!

Kravis, Greck, and Marcus were all overwhelmed by Immelt for a while. General Electric started with home appliances. The first product produced was a light bulb developed by Edison. Now Immelt , Want to sell the old ancestor's brand? !

The home appliance business is not making much money anymore, the competition is too fierce, and the labor and production costs in America are constantly increasing. If General Electric’s home appliance business is not supported by a brand, it is estimated that it can take the high-end brand route. The underpants that I lost a long time ago are gone.

But no matter how many losses there are, the home appliance business is the signature of General Electric. Now that Immelt is going to sell it, how can it not be surprising.

Song Yang and Kravis discussed in low voices for a few words, and finally nodded to Immelt, "60 billion US dollars, the North American Global Investment Fund can buy it!"

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

If you get General Electric's home appliance business, you can let Alcatel Mobile and Panda TV take over. At that time, you can learn from a certain Booth and come up with a whole family of Alcatel or Panda home appliances, from mobile phones to TVs to various home appliances. , everything is readily available, and in the future, if there is a smart home appliance gimmick or the like, it is estimated that it will be able to add a lot of leeks to the wallet!

Immelt shook his head when he heard that Song Yang came up with a discounted price, "85 billion US dollars, the home appliance brand of General Electric, is the most famous and recognized home appliance brand in America!"

Immelt gave a lot of reasons, in a word, you have to pay more!

"65 million 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 Foundation has to pay a lot of money. Funds to rectify these businesses!"

Song Yang's meaning is very clear. If the price exceeds this price, he will not take over General Electric's home appliance business. After taking over, he will move GE's home appliance production lines to Yanjing, Jinling, Pengcheng and other places. On the American side, only R&D will be retained. Center, it is estimated that a large amount of severance pay will be issued to complete it.

Immelt took a few glances at Song Yang, and finally nodded. He got nearly 500 billion US dollars in cash from Song Yang, which was enough for General Electric to tide over this difficulty.

After talking about this last deal, even if Song Yang still has some eyes on other departments and businesses of General Electric, he can only "temporarily" let it go, wait for the next opportunity, and then continue to cut leeks!
In fact, the cash flow in Song Yang's hands has also been consumed a lot. With more than 500 billion US dollars at a time, Song Yang needs to take precautions before they happen, otherwise, like General Electric, he can only rely on the seller's money in the end.

"I hope I will have the opportunity to "invite" you to visit GE again next time!"

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

Obviously Immelt was not reconciled, this time he was slaughtered by Song Yang, if he had the chance, he would definitely pay it back!

Song Yang raised his eyebrows, he didn't care about Immelt's faint "threat", and said calmly, "It's an honor, if I have the opportunity, I hope to "visit all the departments of General Electric" !"

This time, Song Yang can only be regarded as taking some leftovers from General Electric. The most profitable electrical equipment, engine department, general medical biology, general finance, insurance, etc. of General Electric are still in the hands of Immelt. .

If there is a chance next time, Song Yang will definitely take away the most important businesses of General Electric, such as General Electric's medical, biological, electrical equipment and so on!
Before the American stock market closed, the stock price of General Electric suddenly rose by 9%, attracting the attention of the whole Wall Street.

After the market closed, the Wall Street Journal first broke the news, "General Electric and the investment company headed by the North American Global Investment Fund have reached a deal of 488 billion dollars!"

As soon as the news came out, it basically meant that General Electric had overcome the difficulties and did not have to worry about thunderstorms.

What really made the whole of America go into an uproar was ICNC TV station’s report that General Electric sold off its warehouse, selling ICQ’s controlling stake, Baker Hughes Energy Company, General Electric, and General Electric’s security business…

(End of this chapter)