Chapter 345 Who is GDH?(2/2)
Hu Wenhai smiled, pretending not to see Simon Page's smug and slightly contemptuous smile, and said in a calm tone: "The company's name is Yizhuhu. The transaction took place in Motorola, Xinke and DuPont. Finally, DuPont acquired Yizhuhuhu from the first two."
Simon Peggy widened his eyes and before Hu Wenhai finished speaking, he exclaimed: "DuPont's 10 billion acquisition case!"
"Ten billion?"
Even Toums, who had always been as calm as an English nobleman, couldn't help but exclaim.
Then, in the corner of my memory, he dug out a news from the beginning of the year. It was a very large article in the Financial Times, analyzing the impact of DuPont on the secondary rechargeable battery industry after acquiring Yizhuhu Company and the possible future profit scale of the industry.
The reason why an aero engine company president can remember this article is very simple, because the scale of this acquisition actually reached a level of tens of billions of dollars.
Toums still vaguely remembers the loneliness in his heart at that time. In terms of technical level, Rolls-Royce is definitely the flower of industry, and is so high that it is nowhere to go before the nouveau riche who made explosives and plastics.
However, the higher the technology, the smaller the market size. Rolls-Royce, one of the three giants in the aero engine industry, is well-known and famous, but in fact it is not even a little finger of the DuPont family.
Look at others, acquiring an unknown small company, spending $10 billion in one go. This money is actually almost the same as acquiring Rolls-Royce. A century-old company with 41,000 employees and a trading company with more than 100 people in one year have the same market value?
How can I not let Toums get frustrated?
"So, is the DuPont family's transaction object..."
"Mr. Simon should know some details, right?" Hu Wenhai was not surprised by the praise and disgrace.
Simon Page swallowed and nodded nervously: "Motorola suffered a big loss in this transaction. China's Xinke Company sold 50% of its shares to DuPont because of its early move, and received a bid of $10 billion. Of the $10 billion, three billion dollars were cash, stocks and securities, and the other seven billion dollars were industrial equipment. The cause of this transaction is said to be caused by Motorola's repeated defaults. Professors often use this case to prove the unity of business ethics and commercial interests."
Chapter completed!