Back To 1995

   Chapter 559 Temptation

When Immelt walked into Welch's office, he saw this one of the most powerful men in GE's history, even in America, frowning at the document in his hand. Trouble has arrived.

Welch, who is 62 years old, is about to retire, his forehead is bald, and the rest of his hair is all gray. He has a stocky body since he was a child playing hockey, but because of his age, he already looks a little fatter. , Some media ridiculed Welch privately, like a state transport truck driver in America, Welch's father worked on the railroad.

   But this kind of ridicule only dares to ridicule in private immediately. No one dares to complain in front of the most powerful man in America. Even when the chief commander faces Welch, he must remain a little polite.

Taking General Electric from a market value of 12 billion US dollars to its current 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 the great leader in Washington, even still After all, the commander still has some scruples, but Welch doesn't need to worry about anything.

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

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

   Welch wants to complete the last century merger of his life before retiring, and let GE swallow the Honeywell Group!

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

   But a company that can develop engines, develop aircraft control systems, and have sonar and ultrasonic technology, can also manufacture auto parts, and can also produce medical masks incidentally.

   If you really want to acquire it, it is not worth 30 billion US dollars at all. It can be acquired, and it is not a problem to double it. The point is that you may not be able to buy a US knife. You need the European Trade Commission's approval.

Welch is one of the few people who dare to think badly about Honeywell. If the merger can be completed, if you’re welcome, GE will be able to create a big plane by itself, and GE will completely Become an empire!

And recently, Welch officially let GE reveal the wind and wanted to acquire Honeywell Group. The Federal Trade Commission and the Department of Justice naturally gave the green light to this acquisition. These people did not dare to go against Mr. Welch. But on the European side, there is also Airbus, but it jumps straight and strongly opposes this acquisition.

   Once GE merges with Honeywell, Airbus will have to be strangled by GE from the engine, to the aircraft control system, and then to 40% of the components.

   On the European side, even though he is America's younger brother, when it comes to this kind of lifeblood, he also begins to secretly make all kinds of small moves, expressly and secretly objecting.

   Welch looked up and looked at the next GE head he had chosen.

Now several GE candidates are all showing their magic powers, and they all want to make big moves and make dazzling performance, but to say that the biggest plan is still Immelt in front of him. To be honest, Welch never thought 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 and a plan to concoct a giant company with hundreds of billions of dollars in knives, or the one that he had not met, but already had. Bruno Song, who had heard of it, got it out.

  These are not important to Welch, but if this plan is realized, Immelt is basically a sure-fire way to become the next head of GE. The board of directors of GE is also very interested in this plan.

  Who would refuse, in his hands, there is another giant company with a market value of hundreds of billions of dollars. It is estimated that he can make money just by playing and cashing out. 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 a little teasingly.

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

No matter what he feels at this time, Immelt can't show any panic and worry. He wants to take over the giant of General Electric. Eye.

Immelt shook his head with a smile, and said calmly, "It should be just a little trouble, even if the Xue Leshan game department is separated from ICQ, it will not affect the listing of ICQ, for ICQ, The merger of America Telecom, Comcast, NBC Group will not have any impact!"

   "President Welch, 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 the recent infighting in ICQ was rooted in Song Yang being too young to hold back the situation, causing turmoil within ICQ.

This kind of thing is not uncommon, not to mention ICQ, a young Internet company, even an old media giant like Disney often spreads all kinds of infighting news. Test the way founders and management lead.

   "I'll explain everything to the board, but there can't be any more mistakes on your side, if you want to sit here..."

   Welch pointed to his office, "Then you have to get rid of all troubles, and when you sit here, no one can clean up those messes for you!"

"I promise!"

  Imelt nodded and said, then turned his eyes and asked Weill with a little worry, "Having trouble acquiring Honeywell?"

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

   Now the most fierce competition with Immelt is Nadelli, the president of General Electric's energy department.

  The other 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 General Medical Group, managed by Immelt, are often rival companies, both of which are GE's most profitable divisions.

Immelt probed Welch, and actually wanted to know how far McNerney has achieved this time, and acquired Honeywell, then McNernibal is the first to pull out, which is very important to Imme. For Walter, it's not good news.

Welch didn't think much about it, and even if he guessed Immelt's mind, he didn't really care. The more he is happy to see it succeed, this is his way of subduing.

"There are some minor troubles, but it shouldn't be a problem. GE will make an offer to Honeywell in the near future. As long as there are no other rivals to make an offer to Honeywell, and Europe does not object, GE will be able to complete the offer to Honeywell. acquisition!"

   Welch said with a bit of domineering, even in his old age, he is still a lion king, able to defend his territory, and then expand it.

Immelt knew who Welch was talking about. It wasn't just General Electric that was eyeing Honeywell's fat. Another giant in the aviation industry, America United Technologies, was also eyeing it. Once GE makes a move, United Technologies will definitely try to take a bite out of it.

   Seeing Welch's determined look, Immelt said no more, got up and walked outside.

   After leaving Welch's office and closing the door, Immelt stopped for a moment before leaving. Welch has made countless bets in the past few decades, all of which have won big, and acquired 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 already entered the stage of retirement from GE. Countdown!

Immelt feels that he needs to speed up his pace. No matter whether Welch can complete the feat of acquiring Honeywell, he needs to complete the big acquisition ahead of schedule, and he cannot be suppressed by McEnany. This pressure, May never turn around.

   "Song, I need you to take care of ICQ!"

   Immelt frowned when he heard a loud noise from the other end of the phone when he called.

   (end of this chapter)