Now Robert arrived at Donnie’s study, indicating that the matter Donnie entrusted him with has been resolved!
Sure enough, after Robert entered Donnie’s study, he said: "Mr. DuPont, I have invited him!"
Donnie nodded and said, "Please bring him in!"
Soon, Pierre DuPont arrived at Donnie’s office.
"Block, after hearing about your situation, I was very concerned. Rest assured, our DuPont Family is your most steadfast ally. If you need any help, just say the word!"
Pierre DuPont seriously said to Donnie.
At this ti, Helen and Alice had already left Donnie’s study, leaving only Donnie, Pierre DuPont, and Robert!
"Thank you for your concern, Mr. DuPont!" Donnie expressed his gratitude first, then shared his plan: "I heard Mr. DuPont is currently troubled by matters at General Motors?"
Initially, Donnie used shares from the Apollo Chain to exchange for a portion of General Motors’ shares from Morgan, and later acquired many of General Motors’ shares in the stock market.
Now, Venus Bank has beco one of the top three shareholders of General Motors alongside DuPont and Morgan.
Pierre DuPont showed a hint of surprise upon hearing Donnie’s words.
Pierre DuPont was also well-aware of the shocking incident where Donnie Block was shot, and his shock was no less than anyone else’s.
This is not only because the two are very solid business partners, but there is also another concern.
That is, Donnie Block, like himself, is one of the most powerful businessn in the United States. Now that soone dared to brazenly send people to shoot Donnie, does it imply that soone might dare to deal with him the sa way in the future?
What Pierre DuPont did not expect was that Donnie was inquiring about matters concerning General Motors.
"Block, you know about this matter. General Motors indeed has so issues now, but we can still resolve them."
Although General Motors’ various brand vehicles account for the largest share of vehicle sales in the United States, the reality is that General Motors, with the largest share, is not the most profitable company in the Arican automotive industry, not even reaching the top three!
This is entirely because General Motors has too many brands, significantly increasing its operating costs, making it unable to compare with Ford Motor!
And Pierre DuPont was actually concerned that Donnie, as one of the major shareholders of General Motors, might be dissatisfied with the company’s profits!
"DuPont, you misunderstood. I am not holding anyone accountable. I’m asking if you’ve considered divesting one or two car brands to alleviate General Motors’ operational pressure?"
Donnie inquired.
Pierre DuPont instantly understood Donnie’s intention: "You want to take over a brand?"
Faced with Pierre DuPont’s inquiry, Donnie did not deny it. In fact, Donnie wanted the entire General Motors, but it would be a few years before the DuPont family intended to give it up.
At this point, Donnie did not want to cause any conflict with the DuPont family over such matters, so he stepped back and aid to acquire a car brand instead!
"That’s right, of course. It also depends on your intention, DuPont. This is rely a friendly acquisition discussion between us!"
Donnie stated.
Pierre DuPont nodded, understanding what Donnie ant. He was just curious, asking: "Aren’t you busy with the agriculture and pharmaceutical sectors? Why consider entering the automotive field?"
Donnie explained: "You know, the Radon Radiation Detector and the sale of land in Florida have brought substantial cash flow to Venus Bank. This money sitting in the bank account is just a number; I need to choose industries I’m optimistic about and enter them!"
Pierre DuPont indeed considered slimming down General Motors. Currently, General Motors was too bloated. The bloated structure made it difficult for him to change its current status.
Although General Motors now owns many car brands, when Billy Brown initially acquired these brands, it wasn’t a complete acquisition, resulting in each brand having its own full operational and managent systems—a factional mountain impossible to get to completely comply.
This is also the reason why General Motors’ profits cannot compare to Ford Motor!
However, every car brand’s sales were good, making Pierre DuPont want to sell so brands but simultaneously finding it hard to decide.
"Which brand do you want?" Pierre DuPont did not directly answer Donnie’s question but wanted to know which car brand Donnie was interested in.
"Buick!" Donnie stated.
"No way!" Pierre DuPont imdiately rejected Donnie’s request; Buick was General Motors’ best-selling car, and he was reluctant to part with it.
Donnie stepped back and said, "Cadillac!"
Pierre DuPont furrowed his brows. If Buick ranked first, Cadillac was second!
"Block, you’re also a major shareholder of General Motors, so you should understand how important these two brands are to General Motors!" Pierre DuPont said helplessly.
Donnie smiled, and this ti he did not back down, saying: "What if I am willing to exchange Venus Bank’s shares in General Motors for General Motors’ shares in Cadillac?"
Pierre DuPont was sowhat tempted!
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