Chapter 560

When Immelt walked into Welch's office, he saw the most powerful man in the history of General Electric, even one of the most powerful men in America, looking at the documents in his hand with a frown. Here comes the trouble.

Welch, who is sixty-two years old, is approaching the age of retirement. His forehead is already bald, and the rest of his hair is all gray. He has a stocky body since he played hockey since he was a child, and he has become a little fatter due to his age. , Some media privately ridiculed Welch, just like an American state transport truck driver, Welch's father worked on the railroad.

   But this kind of teasing can only be done in private. No one dares to complain in front of the most powerful man in America. Even the commander-in-chief must be polite when facing Welch.

Taking General Electric from a market value of 12 billion US dollars to today's market value of 300 billion US dollars, and even rushing to 400 billion US dollars, Welch's current power is not much worse than that of Washington's commander-in-chief. What's more, the commander-in-chief still has scruples after all, but Welch doesn't need to be scruples.

   After Immelt came in, he looked at Welch in front of him, "President Welch!"

   When he lowered his head, he glanced slightly at the documents on Welch's desk, and vaguely saw the words Honeywell, and Immelt understood why Welch was having a headache.

  Welch wants to complete the last century merger and acquisition in his life before retiring, and let General Electric swallow the Honeywell Group!

This is a big acquisition that may reach tens of billions of dollars. There have been rumors before, but General Electric has not admitted that Honeywell's current valuation is not too high, only less than 30 billion dollars. .

  But this kind of company that can develop engines, develop aircraft control systems, have sonar and ultrasonic technology, and can also manufacture auto parts, and can also produce medical masks by the way, is simply not measurable with a dollar.

  If you really want to buy it, you can't buy it for 30 billion dollars, and it's not a problem to double it. The key is that you may not be able to buy it with a dollar, and you need the approval of the European Trade Commission.

Welch is one of the few people who dare to have unreasonable thoughts on Honeywell. If the merger can be completed, to put it bluntly, General Electric will be able to produce a large aircraft, and General Electric will completely Become an empire!

And recently, Welch officially let General Electric reveal that it was going to acquire Honeywell Group. The Federal Trade Commission and the Department of Justice naturally gave the green light to this acquisition. These people dare not confront Mr. Welch. But in Europe, as well as Airbus, they jumped on their feet and strongly opposed the acquisition.

   Once General Electric merged with Honeywell, Airbus will have to be strangled by General Electric from the engine, to the aircraft control system, to 40% of the parts.

  In Europe, even though they are America's younger brother, when it comes to such life-blood matters, they also start to make all kinds of small tricks, overtly and secretly opposing.

   Welch raised his head and looked at the next head of General Electric he had chosen.

Now several General Electric candidates are all showing their talents, and they all want to make big moves and make outstanding achievements, but the one with the biggest plan is Immelt in front of him. To be honest, Welch didn't expect that Immelt would dare to play such a big plan.

Welch didn't know whether it was Immelt who came up with this shocking merger plan to concoct a $100 billion giant company, or whether he hadn't met him before, but had already The heard Bruno Song made it out.

   These are not important to Welch, but if this plan comes true, Immelt is basically a certainty and will become the next head of General Electric. The Board of Directors of General Electric is also very interested in this plan.

  Who would refuse? I have a giant company with a market value of 100 billion U.S. dollars in my hands. It is estimated that I can make a lot of money just by playing cash. Therefore, when this plan may encounter trouble, the board of directors of General Electric will naturally intervene.

   "So, Immelt, your "ally", something seems to have happened!" Welch looked at Immelt and said something slightly joking.

  Hearing this, Immelt didn't have the slightest panic on his face, and remained calm, as if everything was expected.

No matter how he feels at this time, Immelt can't show any panic or worry. If he wants to take over the giant of General Electric, if he doesn't have the mentality of not changing his face when the mountain collapses in front of him, he won't be able to enter Welch's team at all. Eye.

Immelt shook his head with a smile, and said calmly, "It should be just a little trouble. Even if the Xueleshan game department is split from ICQ, it will not affect the listing of ICQ. For ICQ, The merger of American Telecom, Comcast, and NBC Group will not have any impact!"

  "President Welch, as you know, our "ally" is very young, and it is inevitable that he will make some mistakes, but these are not problems. The merged group will be dominated by General Electric."

  Immelt said with confidence that he had the chance to win, and attributed the recent internal strife in ICQ to the fact that Song Yang was too young to hold back the situation, which caused internal turmoil in ICQ.

This kind of thing is not uncommon, not to mention ICQ, a young Internet company, even a veteran media giant like Disney, there are often news of various internal strife. Test the way of the founder and the management.

   "I will explain everything to the board of directors, but there must be no mistakes on your side, if you want to sit here..."

   Welch pointed to his office, "Then you must solve all the troubles, and when you sit here, no one will be able to clean up the mess for you!"

"I promise!"

  Imelt nodded and said, then turned his gaze, and asked Weir with a little worry, "Are you in trouble with the acquisition of Honeywell?"

   When he asked this question, Immelt looked at Welch's expression. He was not only worried about Welch, but also paying attention to the movements of his competitors.

   Now the most fierce competition with Immelt is Nardelli, the president of General Electric's energy department. General Electric's petrochemical, electric power, chemical and other industries are all managed by Daili.

  Another strongest opponent is the president of General Motors Group, and this time, together with Welch, he acquired Honeywell's McNerney.

  McNerney's General Motors Group and Immelt's General Medical Group are companies that often play against each other. Both are the most profitable departments of General Electric.

Immelt tried to test Welch, but he also wanted to know what McNerney had achieved this time. With the acquisition of Honeywell, McNerney would be the first choice. For Walter, it is not good news.

Welch didn't think much about it, and even if he guessed what Immelt was thinking, he didn't care too much. The more intense the competition among Immelt, McNerney, Nadelli and others, for Welch, The more happy to see the results, this is his way of controlling, the more fierce the fight between Immelt and the others, the more they will give their lives to Welch.

"There are some small troubles, but it should not be a problem. General Electric will make an offer to Honeywell in the near future. As long as there are no other competitors to make an offer to Honeywell, and Europe does not object, General Electric will be able to complete the offer to Honeywell. acquisition!"

   Welch said domineeringly, even in his twilight years, he is still the lion king, able to hold his territory, and then expand it.

Immelt knew who the opponent Welch was talking about was not only General Electric, but also another giant in the aviation industry, United Technologies Corporation of America, who were eyeing Honeywell. Once General Electric makes a move, United Technologies will definitely try to **** food from the tiger's mouth.

   Seeing Welch's resolute expression, Immelt stopped talking, got up and walked outside.

   After leaving Welch's office and closing the door, Immelt paused for a moment before leaving. Welch has made countless gambles over the past few decades, all of which have been resounding successes, acquiring nearly a thousand companies.

This is the final battle of Welch's career. If the acquisition of Honeywell fails, it will also be a huge blow to Welch's reputation, which means that Welch has entered the Countdown!

Immelt feels that he needs to speed up his pace. Regardless of whether Welch can complete the feat of acquiring Honeywell or not, he needs to complete the big merger ahead of schedule and cannot be suppressed by McNerney. This pressure, It may be impossible to turn over for the rest of your life.

   "Song, I need you to solve the ICQ trouble!"

   When Immelt called, he heard a loud noise coming from the other end of the phone, which made him frown.

  (end of this chapter)