Chapter 642: The Lobby
Gold Group has once again extended its tentacles into the automotive industry after buying Sikorsky for $5.82 billion, and Gold Group wants to buy General Motors with an offer of $60 billion.
As soon as this news came out, it immediately caused a sensation in the entire US financial circles.
That's General Motors, the world's largest car manufacturer, even if General Motors' financial situation is very bad and its debts are very strict, but your group with total assets of only $30 billion bought General Motors for $60 billion, which is simply a big joke in the world.
But some fell silent.
The snake swallows the elephant.
This is the standard snake swallowing elephant.
If it's an ordinary snake, of course, you can't swallow an elephant, but what if the snake is a python? Is it the Titan Monty Python?
Naturally, the Gold Group does not have the capital to acquire General Motors, but Wells Fargo has, and it is not difficult for Wells Fargo to spend $60 billion to acquire General Motors.
But the question is, why would they come up with so much money to buy a GM with such insane debt? That's a company that can barely cover its debt by filling in two Coca-Cola companies.
Fill in the gold medal group, are you really not afraid of losing your wife and losing your soldiers?
General Motors, on the other hand, responded very enthusiastically to the offer of the Gold Group, and they seemed to be very welcoming to the Gold Group to buy their own group.
But think about it, a group that is overwhelmed by debt seems to have no other way out than bankruptcy, and as for bankruptcy, it is not so easy.
In the event of a group bankruptcy, debts can certainly be forgiven. But the group will also be taken over by the U.S. government and will never belong to them again. The benefits they were able to recover were pitifully small.
At this time. Someone is willing to be a pick-up man, and of course they are very willing.
So under the warm welcome of General Motors, the teams of the two sides launched negotiations one after another, but what made them depressed was that the team of the Gold Medal Group did not seem to particularly want to acquire General Motors, and negotiated with them for various delays, and it seemed that there was no intention of acquiring General Motors at all.
In China, however, the argument that the overwhelming gold medal group monopolizes and abuses its dominant market position has just risen. was suppressed by the news of the Gold Group's acquisition of General Motors.
"Gold Group buys General Motors? The most terrifying thing of the year happened, a company with a market value of 30 billion yuan bought General Motors for a $60 billion offer, how do I feel that today is April Fool's Day? ”
"General Motors may be spent in China, the gold medal group plans to invest $60 billion to acquire General Motors, once the acquisition is successful, Chevron, Buick and a series of car brands will become Huaxia brands, and we Huaxia also has the world's largest car manufacturers."
"First the acquisition of Sikorsky, then the acquisition of General Motors. Does this represent the Group's strategic transformation from the entertainment industry to a technology service and producer? ”
Various newspapers and magazines comprehensively publicized this incident, and even the People's Daily reported on it.
"It's hard to do it now."
In the private club, Wu Kebo held a wine glass and looked at the newspaper in front of him. His brows furrowed slightly, "He's in the limelight now, buying General Motors." This has made many people pay attention to him. ”
"It is impossible for the higher authorities to sanction him at such a time."
In the automobile industry, the country has long been red-eyed. However, the attitude of foreign automakers towards China is that you can make money and want core technology. There are no doors.
If the Gold Group successfully acquires General Motors, then immediately the Gold Group will become a sweet spot in the eyes of the high-level management, and whoever dares to do something to the Gold Group will be waiting to meet the thunderous anger of the high-level management.
That's the gaze of the top ones.
It's not that these families can't resist it.
"The only hope now is to count on the failure of the Golden Group's acquisition of General Motors, once his acquisition of General Motors is successful, then the Golden Group will immediately become one of the top groups in China, and even the service providers of telecommunications and Netcom are weaker than the Golden Group in the eyes of the high-level."
The auto industry brings not only jobs, but also technology, and with the addition of a Sikorsky, Gold Group is no longer just an entertainment company.
They are also a high-tech technology company, a technology company with the world's top technology, although the world's top refers to civilian technology, but for Huaxia, these civilian technologies are enough to make them salivate.
"Is there a way to impose antitrust sanctions in advance?" The king forced himself to calm down, "No matter what, first conduct an antitrust investigation and sabotage their acquisition of General Motors." ”
As long as the investigation begins, the acquisition of the Gold Medal Group will be forcibly suspended, and at that time, will it not be left to them?
He hates!
Seeing that public opinion has been set off, as a result, the acquisition of General Motors by a gold medal group has been directly interrupted, and now the acquisition of General Motors by the gold medal group is being discussed everywhere, and who cares about the monopoly and abuse of the market dominance of the gold medal group.
If it can be a little later, if it can be a little later, the investigation will begin, even if it is a rich country consortium, it will not be so easy to intervene.
Although the rich country consortium is very powerful, but this is China's own country, and it is a few old Chinese political families who make the move, even if it is a rich country consortium, they will have a lot of concerns.
Using this kind of psychology and cutting through the chaos with a quick knife, it may not be impossible to dismember the gold medal group.
"It's impossible."
Wu Kebo pointed to the People's Daily and said, "Do you know why the People's Daily would report on a business negotiation that is still underway?" It's because this matter has attracted the attention of the upper echelons, and once we make a move in private, it will instantly attract the anger of those people. ”
"When the time comes, we will be the one who will perish."
"So we can't move now, not only can't we move, but we also have to do a good job of sweeping the tail, and once the Gold Group buys General Motors successfully, we will immediately carry out the tail sweeping work and sweep all the tails away."
The king's brows furrowed when he heard this, "What about the original plan?" ”
According to Wu Kebo, once the Gold Group successfully acquired General Motors, then they will not continue to deal with the Gold Group, which is not in line with the plan.
"The original plan?"
Wu Kebo scoffed, "To hell with him, once the Gold Group succeeds in acquiring General Motors, all plans will always be just plans." ”
"Or do you think that after the successful acquisition of General Motors by the Gold Group, the people above will break up the Gold Group because of public opinion?"
"Don't forget jì, the main body of General Motors is in North America, once it is split, it will only cheapen those ghosts, this kind of stupid thing, the people above will not do it, even if it is promoted by us."
"In small things, we can cover the sky with one hand, but in big things, even we are difficult to exert our strength, public is public, private is private, when it comes to national affairs, they will not show favoritism."
"What if they fail?" The king asked again.
"Failure? Of course, anti-monopoly is immediately put on the agenda, no matter how powerful the rich country consortium is, but this is China, our home field, I don't believe it, in our home field, it can't withstand them. ”
"As for you, you have to be powerful, you can't just get an introduction."
A smile appeared on Wu Kebo's face, "You have to be stronger, for example, to contact the media, and blow the monopoly of the gold medal group in newspapers and magazines." ”
"Create some rumors on the web."
"There are also those theaters, they should also cooperate with us a little, even if it is to make things difficult for the gold medal group in the film arrangement, it is better than the current situation."
"Without the help of these theaters, how could Gold Medal Group get bigger and bigger in the entertainment industry?"
"I'm afraid it's impossible for them not to schedule films for the gold medal group." The king's brows furrowed, "There are too many interests involved, especially the movies produced by the Gold Medal Group are very high at the box office, plus they have introduced a large number of Hollywood works in the form of co-productions. ”
"Once the gold medal group is rejected, these theaters will have a lot less revenue, and it will be very difficult for them to refuse."
"If you don't want to refuse and want to hit the gold medal group, how can there be such a good thing." Wu Kebo sneered, "You tell them what I mean, whether you do it or not is their own business." ”
"I'm sure they'll understand what I mean."
Just as they were plotting against Li Lin, a lobbying team sent by Goldman Sachs had already flown to the imperial capital of China by plane, and they got into the car with the help of several men in suits and leather shoes.
"Hehe, this hand of Ming Xiu Plank Road Darkness Chen Cang is playing beautifully." Goldman Sachs lobbyist Jeff. Kosowski smiled and looked out the window, "On the surface, under the guise of acquiring General Motors, we are delaying time and attracting the main force, but in fact, the real main force is us." ”
Another lobbyist also said with a smile: "This time, the trouble encountered by the Gold Medal Group is very big, otherwise they would not have spent tens of millions of dollars to ask our Goldman Sachs Group to help." ”
"But to be honest, the merger of the Gold Medal Group into the Wells Fargo Consortium has really found a good backer, and even our Goldman Sachs have to bow down when facing the Wells Fargo Consortium, otherwise, this time the transaction volume may not be tens of millions of funds."
With that, the two of them looked at each other and laughed together.
Goldman Sachs can't be sincere in serving customers, but there is a very large flexibility in the flow of funds involved.
Millions are done, and hundreds of millions are also done.
The trouble of the gold medal group is just a small trouble for the Goldman Sachs group, but the gold medal group itself is a big wrong, if there was no rich country consortium, they would have extorted hundreds of millions of funds, but Rao is so, they also collected tens of millions of funds, and made a lot of money. (To be continued......)