Rebirth of England.

Chapter 815 Concept

Chapter 815 Concept
The most famous incident regarding the Alstom Group in Barron’s previous life was the suppression of the company by the United States…

On April 2014, 4 in the original time and space, Pierucci, vice president of international sales of Alstom, was arrested in the United States. Later, three other senior executives were arrested in the United States. They all faced charges of commercial bribery and were imprisoned in the United States' serious criminal prison. In the process, they demanded a sky-high compensation of US$14 million. If the compensation was not paid, the president of Alstom would be directly arrested.

The decision to arrest Alstom’s top executives actually originated from the US Anti-Corruption Act...

In fact, all business giants are not clean when it comes to snatching orders, especially companies like Alstom. In order to obtain international orders, they bribed local officials in Egypt, Saudi Arabia, the Bahamas, Indonesia and other places in the form of consulting fees, and eventually won orders worth $40 billion. Part of the bribes went into the account of Alstom's American subsidiary, which gave the Americans an opportunity.

Even for some giants in the United States, such operations are very normal.

But the background at the time was that the American industrial giant General Electric (GE) was seeking to acquire Alstom Group's most profitable power division, and they also faced competition from Siemens.

So facing the accusations from the United States, Alstom, which is listed in the United States, had no choice but to admit defeat. After all, if it was blacklisted by the American market, it would undoubtedly be sentenced to economic death, and the compensation of US$8 million was not low. Therefore, they could only sell their most profitable power department to General Electric of the United States for 124 billion euros to avoid the accusations. They called it a fair and just business acquisition, but only they knew whether it was fair.

Therefore, although in Ashley Weber's analysis, General Electric will not pose much threat to their acquisition, it is just that she has not encountered the situation where America uses such "outside tactics" to force Alstom.

However, Barron's advantage now is that, first of all, he acquired Alstom more than two years earlier than General Electric did in the original time and space. At that time, General Electric had not yet paid more attention to the energy and power fields. Therefore, even after Baron launched an acquisition of Alstom, General Electric intended to enter the competition, it might not necessarily use such a fierce approach.

In addition, he still has time to avoid being caught by the United States in some of Alstom's operations, so he can avoid being accused by the United States.

But in any case, acquiring a company like Alstom is not something that can be done overnight. Both Barron and Ashley's William Weber Capital need to do a lot of work.

Especially for France, it will take some time to accept the reality of the acquisition of Alstom Group.

To this end, under Ashley's arrangement, Barron had a private meeting with French President Sarkozy. As for the specific content of their conversation, it is not known to outsiders.

At least after this, the French side will not put up any obstacles to Barron's acquisition as long as Barron can guarantee that there will be no large-scale layoffs after the acquisition is completed, and ensure that Alstom's headquarters remains in France and its main business will not be relocated.

Next, the Global Industrial Investment (GII) Fund reached an agreement with the French Bouygues Group to purchase 30% of the shares of Alstom Group from them for 25 billion euros.

In the original time and space, General Electric's initial bid for Alstom Group was less than 100 billion euros, but later, after facing competition from Siemens, it raised the price to 128 billion euros.

But it was already 2014, and Alstom Group's share price had rebounded significantly compared to the subprime mortgage crisis.

Now the GII Fund is acquiring Alstom Group with a total value of approximately 120 billion euros. In fact, compared with its current market value, there is a premium of more than 25%, which cannot be considered low.

This is also the reason why the Bouygues Group was able to quickly reach an agreement to sell its shares in the Alstom Group. After all, their investment in this company has been trapped for several years. Now they do not see a positive trend in the Alstom Group. Being able to withdraw the funds in it at a good price is enough to satisfy the Bouygues Group.

After acquiring 25% of Alstom Group's shares, GII Fund, together with William Weber Capital, launched a general acquisition offer for Alstom Group, preparing to privatize Alstom Group for a total price of 120 billion euros. This news immediately made Alstom the focus of media reports again.

It's just that at this time, the acquisition is still in progress, but in fact, Barron has reached a tacit understanding with all parties on the key issues.

Therefore, he left France, which was attracting much attention, at the right time, leaving the opportunity to stand in the spotlight to Finn Hudson, CEO of GII Fund, and Ashley of William Weber Capital.

……

"Regarding Motorola Mobility, those adjustments have been planned in detail, so I don't need to pay too much attention to them. Now I have handed over many of IC Capital's daily tasks to the team..."

At the estate on Long Island, Barron walked with Ivanta in the garden and listened to her talk about work arrangements.

After leaving France, he returned to London to deal with some things and then flew directly to New York.

After all, it is already the end of July, and there is still more than a month before Ivanta's due date. Barron will stay in the United States during this time to accompany her.

It was obvious that Ivanta's belly was already very big, and it was confirmed that Ivanta was pregnant with a boy this time. After discussing with Barron, they decided to name him Theodore TP.

Yes, the child will take the mother's surname, which is also to establish Ivanta's image as an "independent and strong" woman in public.

Anyway, for Barron, his children took their mother's surname many times before - in fact, for him, even Cavendish, his own surname in this life, was not taken too seriously.

From a psychological point of view, the most important period for shaping a person's worldview is childhood - which means that for his soul, these concepts have already been formed in the previous life.

Rebirth as the Duke of England means more opportunities for Barron. He can do corresponding things for his current identity and interests, but it does not mean that deep in his heart, he completely identifies himself as a "Duke of England" or even an "Anglo-Saxon white man"!
Everything is just because of interests.

This is his truest thought. It does not matter about family or race. What he cares more about is the inheritance of his ideals and spirit.

To others, this means that he is a person with very open-minded ideas and not particularly stubborn about tradition.

Just like the decision he made about his child with Ivanta, it also comforted Ivanta to a great extent and made up for the regret of not being able to give her the name of marriage.

(End of this chapter)

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