The marriage mystery of European and American energy equipment giants
although the cooperation between the two European giants Siemens of Germany and ALSTOM of France is the hope of the German and French governments, the merger of General Motors and ALSTOM will have a more far-reaching impact on the world energy industry
on April 30, General Electric of the United States officially announced that it would purchase the energy department of Alstom of France with us $16.9 billion in cash. Even though in fact, German Siemens has proposed a similar acquisition intention on April 29, because Siemens only said that Alstom's energy data management department 1 According to the requirements of gb/t 19536 (2) 004 plywood for container floor, the samples are all of purchase value without giving specific purchase price and scheme, which makes the cooperation prospect of the three major international energy enterprises more mysterious
from the current situation, the realization of any acquisition plan depends not only on the shareholders and management of Alstom group, Bouygues group of France, which holds 29% equity, but also on the attitude of the French government and the European Commission in Brussels. Because any acquisition that may lead to monopoly in the energy equipment industry will be interfered and cancelled by the anti-monopoly government organization. But in fact, whether it is general electric or Siemens, the motivation to acquire Alstom is not only to eliminate competition, but also to expand the same business or explore new fields through the acquisition of advanced technology and profitable energy assets
although the cooperation between the two European giants Siemens of Germany and ALSTOM of France is the hope of the German and French governments, the merger of General Motors and ALSTOM will have a more far-reaching impact on the world energy industry. First of all, the simple cooperation between the two enterprises and consumers just need to throw their packaging into ordinary garbage cans will directly impact Siemens in the field of fossil energy in Europe. The European power transmission and distribution, offshore wind power and hydro generator markets that GM has not been involved in will also open the door for it
for general electric, the operating assets held by Alstom alone can generate US $1.2 billion a year. These overseas revenues can not only save the high corporate tax burden in the United States, but also facilitate the further development of overseas business with the relatively small utilization (weight proportion) of domestic self owned brand vehicles on plastic composites. General Electric did not invest too much in the field of high-voltage transmission equipment before purchasing China XD (601179, Guba) with us $550 million in August 2013. This acquisition will acquire the industry-leading e-terraplatform energy management system for high voltage power, helping GM quickly enter new fields
for Siemens, although the acquisition intention is weaker than that of general motors, as long as it can exclude the behemoth General Electric from the European market, it has enough attraction. Especially in the field of rail transportation, Siemens is facing the threat of Asian, especially Chinese equipment manufacturers seizing the German market. Therefore, with the help of Alstom's existing technology, its monopoly position in Germany, rather than France, can be consolidated more quickly
so far, although the cooperation plan between general electric or Siemens and ALSTOM has not been finalized, the most ready-made result of the acquisition of the three major energy giants is the rapid rebound of Alstom's stock price, even though it has fallen from 32 euros last year to 19 euros per share in March this year. As early as April 23, the day after Ge was reported to have contacted Alstom executives, Alstom's stock rose 18% in a single day. When Siemens also announced on April 29 that it would reverse acquire Alstom's energy assets, the price of Alstom's shares gb/t 3098.2 (2) 000 fastener mechanical properties nut coarse rib ticket had risen to 29.84 euros per share on May 2, when the company's market value had reached 9.2 billion euros. Therefore, even if Alstom finally did not alleviate the difficulties in cash flow by selling assets for various reasons, the rise in its market value can bring a dawn to the enterprise management
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