Subject category:
Case Method and Specialist Management Disciplines
Published by:
Harvard Business Publishing
Version: 12 June 2002
Length: 18 pages
Data source: Published sources
Abstract
Ever since General Motors (GM) announced in February 1997 its intention to divest Delphi Automotive Systems - its upstream parts manufacturing operations - Wall Street had called for further unbundling, and various stakeholders competed for their claim of value represented by GM. The case presents GM''s four options for the Delphi unit and raises valuation and governance issues regarding the remaining corporate assets. A rewritten version of an earlier case.
Location:
Industry:
Size:
Fortune 500, 350,000 employees, USD180 billion revenues
Other setting(s):
1999
About
Abstract
Ever since General Motors (GM) announced in February 1997 its intention to divest Delphi Automotive Systems - its upstream parts manufacturing operations - Wall Street had called for further unbundling, and various stakeholders competed for their claim of value represented by GM. The case presents GM''s four options for the Delphi unit and raises valuation and governance issues regarding the remaining corporate assets. A rewritten version of an earlier case.
Settings
Location:
Industry:
Size:
Fortune 500, 350,000 employees, USD180 billion revenues
Other setting(s):
1999