Chapter 1054 Today is different from the past
The better life of Baker Hughes Energy Company and the more money it earns, the more embarrassing Immelt will be. Baker Hughes Energy Company, General Electric Appliance Business, General Security Business, etc. Signed to sell!
If Baker Hughes’s life is not good, it’s fine, but if it suddenly gets better, the annual revenue soars from more than 3 billion US dollars to 10 billion and even returns to Enron’s heyday, nearly 100 billion a year How would the General Electric board of directors and those investors who bought GE stock think of Immelt? !
But no matter what Immelt thinks, seeing that Baker Hughes Energy Company is about to completely complete its transformation, when Enron's natural gas and power business is completely digested, Baker Hughes Energy Company will be able to enter oil and even refining in the next step. , chemicals and other industries, and even became a big player in the American energy industry. This was originally General Electric's plan for Baker Hughes Energy Company, but it may have been completed by Song Yang.
Not only Baker Hughes Energy Company, but other businesses that were cut off from General Electric, such as the general security business, are now in the hands of Blackwater Security Company, and they are also flourishing. Relying on their relationship with the Elephant Party, they successfully joined the Federation The military-industrial complex has entered the federal defense procurement list, and is now able to produce light weapons such as rifles, and can also supply aviation instruments, radars, and flight systems.
If the commander of the little cowboy suddenly had a twitch and started a war overseas, then the revenue of Heishui Security is estimated to usher in an epic explosion.
The general home appliance business that was sold to Alcatel mobile phones and Panda TVs has also improved now, and it is hard to talk about making money. Costs came down immediately.
For General Electric's home appliance brand, the parts supply is provided by Alcatel mobile phone industry chain manufacturers, and the sales and promotion channels are also taken over by Alcatel Mobile. In addition, an Internet sales network has been added, allowing General Electric's home appliance products to enter eBay, Amazon, Yeadex and other platforms , and began to be sold all over the world, especially in Eastern Europe and Lao Maozi, where there is a shortage of home appliances, the sales are quite good.
In the hands of Alcatel mobile phones, the general home appliance business has barely maintained a balance of payments. If it can launch a few explosive products in the future, the general home appliance business may continue to sell well!
Now the outside world has started to question Immelt’s sale of these businesses. Although at that time, General Electric was at the most dangerous moment, and the capital chain was facing the risk of breaking, so it had to compromise and sell these businesses to Song Yang. In exchange for up to $48.8 billion in cash flow to save General Electric's life!
However, those who criticize will not care about how difficult it was for Immelt and how dangerous General Electric was. Instead, they only look at the result, that is, Immelt sold the ICQ that he had worked so hard to buy back. , It also caught up with a lot of industries such as NBC, Universal, Baker Hughes, and General Appliance.
It can be seen that this kind of voice will become louder and louder in the future, especially when the stock price of General Electric is sluggish, the voice that jumps out to accuse Immelt will become louder and louder!
The secretaries and assistants around Immelt did not dare to say anything after hearing what Immelt said, for fear of arousing Immelt's dissatisfaction and losing their jobs in vain.
Doubts continued, but Immelt was tough enough to secure his position as president of GE, and in the name of improving GE's revenue, he drove out threatening opponents and those who dared to question his decision. Out of General Electric, this led to private complaints about Immelt's voice, but no one dared to challenge Immelt's authority in person!
The "resentment" towards Baker Hughes is just a small complaint from Immelt. As the successor of Welch, what Immelt wants to do is not only to barely maintain the old empire of General Electric, It is to expand the territory of this empire again.
As for some people who took leeks from General Electric, Immelt also wants to take them back with interest!
Song Yang doesn't know how much the Baker Hughes energy company stimulates some people, but even if he knows, he won't worry too much. General Electric is a behemoth that makes people feel a little worried when they think about it, but As long as Immelt is still at the head of General Electric, Song Yang doesn't need to worry too much, because he has a halo of bad luck, and he will always be unlucky at critical moments. What Song Yang has to do is the critical moment, Just go up and cut a bunch of leeks...
Back to Houston, there were obviously more people who came to visit Song Yang, and invited Song Yang to various parties, charity dinners, and art exhibitions.
Daana and Jenny have become the busiest figures in the Bruno family. On behalf of Song Yang and the Bruno family, they have participated in many charity banquets and community activities organized by the church, and donated a lot of dollars. This is also a common occurrence every year. It's a routine. After all, everyone needs to have a good meal, and the Bruno family needs some reputation. There is no such thing as who cheats whom.
The two little girls, Miria and Li Rouling, were crazy about old Bruno's ranch. From time to time, they followed Huo Sen and the others to patrol the ranch on horseback and hunt. I can't take care of it anymore, if Dana is not too busy, I would have taken care of these two girls long ago.
After dealing with various procedures and paying the prepaid amount, Lorenzo Simonelli finally let out a sigh of relief when he walked out of the Houston City Hall.
This is not the first time that Lorenzo Simonelli has come to Houston. As the headquarters of many oil giants, Baker Hughes has dealt with oil giants in Texas and Houston. Naturally, Houston also comes here.
But this time, standing in front of the Houston City Hall and looking at Houston in front of him, Lorenzo Simonelli felt like he had never felt before. From now on, Baker Hughes will also become one of the city's giants , in this city, there are more than 10,000 to 20,000 employees, and their families will all rely on Baker Hughes to live. Baker Hughes' influence in this city will reach an astonishing level. Similarly, he, Lorenzo • Simonelli will also be the new powerhouse in Houston, Texas.
Reining in his emotions, Lorenzo Simonelli knew where all this Baker Hughes came from, and now he had to face it, the person who could really control the fate of Baker Hughes Energy, after a while At that level, his position can be considered stable.
Baker Hughes Energy Company, from General Electric, was sold to the North American Global Investment Fund. It has been less than half a year, but this is the first time Lorenzo Simonelli has met Song Yang.
Not only Baker Hughes Energy Company, but also the executives of the previous Apollo Space Exploration Company, as well as other "small" companies under the North American Global Investment Foundation.
Over the years, the North American Global Investment Foundation has grown bigger and bigger. It’s not that these companies are not important, but that they inevitably receive less attention from Song Yang than ICQ, Alcatel Mobile, Sierra Games, Google, etc. a bit.
The former Baker Hughes Energy Company sounds like a big name. It is known as the world's top three oil and gas technology service providers. It has offices all over the world, including Yanjing and other places. But in fact, it is just like that. With a revenue of more than three billion US dollars, the profit is only a few hundred million US dollars, which is not as much as Xue Leshan made by releasing a few new games.
Moreover, Song Yang is still named as the director of many companies, such as American Express, Pacific Railway, Los Angeles Insurance, etc., it is impossible for Song Yang to really attend the meetings of these companies every day, otherwise he will be too tired to stay busy. Basically just take a dividend and express your attitude when necessary.
In addition, Song Yang has always been afraid of laymen guiding experts, especially in unfamiliar fields that require professional skills. Song Yang has never directed blindly to show his "authority". There are other effects, so if there are no accidents in Baker Hughes and other companies, Song Yang will never intervene too much.
When Lorenzo Simonelli arrived at Song Yang's villa in Houston, he saw that the lights were dim, and many celebrities from Houston who came from other cities in Texas gathered here to participate in the party.
Except for Song Yang showing up and drinking a glass of wine at the beginning, Gallo was busy at the party afterwards. This is his strong point, and he will not be left out during the whole party.
As soon as Lorenzo Simonelli arrived, he was taken to the back of the villa. When he got here, he clearly felt that this place was completely different from the noise in front of the villa, especially the study room on the second floor leading to it. There were many more security personnel stay there.
(end of this chapter)