Reborn Capital Madman
Chapter 0754 Sort out the assets of the Gulf Western Industrial Corporation
Gao Xian paid great attention to Ma Shiheng's job arrangement, but he did not make a special trip back to Xiangjiang to see Ma Shiheng take office in person, because there were so many things at Gulf Western Industrial Company that he really couldn't get away from it.
The reorganization of Puerto Rico's Southern Sugar Company, which has assets of more than one billion US dollars, into Bludorn Company, is just the prelude to the transformation plan of Gulf Western Industries.
All in all, under the guidance of Gao Xian's golden finger of information asymmetry, Bludorn Company has expanded into the sugar industry and even agriculture in addition to its original cane sugar business and resorts, hotels and other business scopes based on huge land resources.
direction development.
From an asset perspective, Bludorn only accounts for about a quarter of Gulf Western Industries. Gulf Western Industries, which has always pursued diversified operations, has extended its tentacles into auto parts, household consumption, and natural products.
In fields such as resource extraction, real estate, clothing, entertainment, publishing, and even financial services, Gao Xian needs to sort out many of these "contexts" to adapt to the new situation.
For example, Bludorn Company, the original Puerto Rico Southern Sugar Company, was also the holding company of New Jersey Zinc Company. This time, taking advantage of the opportunity to reorganize Bludorn Company, New Jersey Zinc Company was taken out.
But assets like United Cigar Company remained within the Bludorn corporate system.
For many years, Pittsburgh-based New Jersey Zinc Co., the largest producer of zinc and zinc products in the United States, was acquired by Gulf Western Industries in the 1960s.
However, with the development of the times, many situations are changing, including developed countries paying more and more attention to their own environmental protection.
To put it bluntly, Mi Di is now the world's boss. If he needs any mineral resources, he can just go to other places to seize them by force. There is no need to mess up his own geomantic treasure land.
Sir Gao is too lazy to waste time on complex issues such as environmental protection and miners' welfare in the United States. Just like the Nevada Mining Company that dealt with Howard Hughes Company before, he took out the New Jersey Zinc Company and listed it as a fire sale.
Take action when the conditions are right.
As for more other Gulf Western Industrial Company assets, Gao Xian still wants to preserve them, polish them carefully, and develop them in the long run.
To put it simply, Gao Xian's idea of sorting out the context is to flatten the structure, centralize resources, and professionalize operations as much as possible. Thanks to the support of strong bank resources and the fierce momentum of the new official's appointment, this kind of
In many cases, it is more like a "right-left, left-right, right-hand" rectification, which can be said to be smooth and uneventful.
But there are exceptions. There is one move that has caused so much momentum that the outside world has expressed close concern. This is the "complete separation" of Paramount and Gulf Western Industries.
With Sir Gao's information asymmetry advantage, Paramount has become the hen that lays golden eggs in the past ten years. The global box office of its movies has exceeded 100 million US dollars. It is as common as eating and drinking. It is different from the current stage of Hollywood.
The overall decline formed a sharp contrast.
But this does not prevent Hollywood from becoming an ideal prey for capital. To take the latest example, even Disney, a major Hollywood company that has been independent for a long time, is now caught in the vortex of capital competition, leading to conflicts among Disney family members.
Internal strife.
Under such circumstances, whenever there is news about Paramount, the old and new star of Hollywood, its appeal is no less than that of celebrity gossip.
What's more, Sir Gao's reorganization of Paramount seems to show that Paramount will become its own series and have broader development space, which is very worth looking forward to.
Specifically, with the support of bank resources, Paramount paid Gulf Western Industries a one-time payment of US$210 million and repurchased most of Gulf Western's Paramount shares at a high price, allowing Gulf Western to
The industrial company's shareholding in Paramount dropped to less than 5 percent.
At the same time, Paramount also acquired Simon & Schuster, one of the six largest publishers in the United States, from Gulf Western Industries, as well as partial interests in a series of well-known properties including Madison Square Garden. It has a sense of freedom.
It means becoming one.
Of course, this does not mean that Paramount really does not have a "mother-in-law" on its head. It also has a holding company above it.
Chase Bank CEO Willard Butcher once joked during a chat with Gao Xian that Sir Gao wanted to build another Gaoxing Group in the United States.
In fact, Gao Xian actually copied some of the mature mechanisms of Gao Xian Group, including registering a holding company in Bermuda called Gulf Western Strategic Holdings Company to control Gulf Western Industrial Company, Parallel
At the same time, it also established Gulf Western Investment Company, which holds mutual holdings with Gulf Western Strategic Holdings Company, and accepts the guidance of Gaoyi to carry out investment activities.
United Capital One, the financial services company of Gulf Western Industries, was spun off and dispersed, with personnel either joining Gulf Western Investments, going to Cowboys, or being laid off directly because no arrangement was suitable.
On the architectural diagram, above Paramount is Gulf Western Strategic Holdings, which is on an equal footing with Gulf Western Industries.
After adjusting according to Gao Xian's intention, the asset list of Gulf Western Industries in front of Chairman Sir Gao, CEO Ronald Zegler, and President Jim Judelson was mainly divided into three major business groups.
.
There is no need to go into details about the first business group, the main body is Bludorn Company.
The second is the manufacturing business group, which includes auto parts manufacturer APS Holding Corp., general aluminum and copper product manufacturer Bohn Company, engineering equipment manufacturer Taylor Fogg Company, machine tool manufacturer Thomas Leder Bolton Company, etc.
The third is the consumer business group, which includes Simmons Bedding Company, one of the three major mattress brands in the United States, Kesselote Clothing Company and the Miss Universe pageant it acquired in its early years, as well as well-known companies such as Madison Square Garden.
The property, as well as its affiliated hockey major league team New York Rangers and NBA team New York Knicks, etc.
Although they have gone through careful sorting, both Ronald Zegler and Jim Judelson, from their own perspectives, believe that there are still some "bad" assets that can be dealt with simply like the New Jersey Zinc Company.
It saves you worry if you drop it.
For example, Gulf Western Industries launched an electric vehicle powered by zinc chloride batteries in 1980. Its production background and technical level are certainly not like the new energy vehicles that will be used in the Internet era decades later.
It was the so-called business opportunities created by the two world oil crises. The then US presidents Ford and Carter both launched policies to encourage the development and application of new energy sources.
The U.S. Department of Energy invested US$15 million in this project, and the performance of the product was claimed to only take a few hours to charge and reach a top speed of 97 kilometers per hour, but the final evaluation report was
, the actual battery capacity is only 35% of the expected capacity, and can only be charged by trained personnel.
To put it bluntly, this kind of electric car is not practical at all. After catching up with the trend of the times, policies, capital, etc., and after a lot of excitement, its true colors were revealed. Using the words of Ronald Zegler and Jim Judelson,
From a shrewd business perspective, we should go ashore as soon as possible.
"We should get off the car decisively, but some things still have considerable technical reserve value." Gao Xian smiled and did not deny it entirely. In his opinion, electric vehicles have indeed taken too big a step and are damaged, but the battery
The application prospects of consumer electronics products are completely controllable. For example, lithium batteries can be used to take advantage of the strong strength of the United States to lead one manufacturer and make a lot of money...
Ronald Zegler and Jim Judelson did not dwell on the issue of electric vehicles, but instead mentioned the handling of New Jersey Zinc.
"Some shareholders of Gulf Western Industries and several managers of New Jersey Zinc are interested in taking over New Jersey Zinc." Ronald Zegler said: "However, they hope that the acquisition terms can be more favorable.
"
"Okay, if you can take care of your own people, take care of it, but you have to deal with it cleanly and neatly in terms of trade unions and environmental protection." Gao Xian nodded.
This is when the winner writes history. Before, Martin Davis advocated selling the assets of Gulf Western Industries to improve the financial situation, but he was turned into a sinking dog. Now Sir Gao has no idea how to dispose of the assets of Gulf Western Industries.
Something wrong!
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