Treasure Hunt Tycoon

Chapter 663 662. Major Shareholder (1/5)

Chapter 663 662. Big Shareholder (15)

It's awkward for the CEO to sell his equity to the outside world.

Most people would not do this. This is to tell the other party clearly that as a CEO, he is not optimistic about his company. In this way, how can the other party buy the equity of his company?

But Cole couldn't help it. To be honest, Hai Rui Group couldn't come up with more than 70 million U.S. dollars in cash at once.

If there is still so much cash flow in the account, Hai Rui Group will not be caught in bankruptcy rumors.

Cole couldn't afford the money, so he had to buy these gems, because the quality of the gems was very good, and after careful carving, they could be put on the market quickly.

If handled properly, Hai Rui Group spent 70 million to buy these gems, and may end up with a profit of 200 million or even more.

As long as these profits can be made, Cole doesn't have to worry about the company's financial problems, and Hai Rui Group can definitely get out of the financial crisis.

The appearance of Li Du is an opportunity for the dying Hai Rui Group, a chance for resurrection.

There are very few people in the world who can produce so many precious gems, and those who can produce these precious gems and are willing to buy the shares of Hai Rui Group can be described as unique.

Therefore, Cole had to grasp Li Du's life-saving straw. He saw an opportunity to revive his own empire.

Li Du quickly understood the relationship, and he was happy to buy the equity from Cole, because it was more convenient for him to bargain.

He quickly contacted the lawyer Paul Neuberger introduced to him by Playboy, and then negotiated with Ball, who came forward to help him bargain.

He spent 11.2 million US dollars to buy 8/1000 shares of Hai Rui-Winston Group, this time he has 6.5 US dollars of 11.2 million US dollars, he wants to buy more than Six eight-thousandths of the equity.

A tug-of-war of business negotiations has begun.

Bauer attaches great importance to Li Du as a client. He has already seen the potential from the other party. Knowing that this is a big business worth more than 70 million U.S. dollars, he directly recruits his team to negotiate.

Cole also called the Hai Rui Group's business lawyers and financial consultants. Their team is stronger, but it's a pity that the initiative is in Li Du's hands.

Negotiations started on the second day and lasted all day, from morning to afternoon, and finally came up with a result that both parties were satisfied with:

Cole sold 1 percent of the group's shares for $10 million, for a total of 7 percent of his 48 percent stake.

In this way, Li Du discounted the gem into 72 million US dollars, of which 70 million was used as a share, and 2 million was converted into cash and received.

The transaction was completed under the witness of the legal teams of both parties. Cole wanted to hold a press conference, but Li Du refused. He hoped that he could live a low-key life.

Considering that he had been kidnapped not long ago, Cole and Roger understood his concerns, and they did not complete the signing with much fanfare.

The entire signing process was smooth, but when the signing was about to end, someone came to the door. Three old men came together and asked for Cole by name.

The three were Li Du's acquaintances, and they were the three small shareholders of Hai Rui Group. He had met the three last time, and he had also bought Tatiq's shares among them.

Seeing the three of them, Li Du asked Tatiq strangely: "Why are you here? Don't you have no shares in the group?"

Tatiq said embarrassingly: "Keep your voice down, Li, my two guys didn't know that my equity had been sold. They knew that President Cole was coming, so they dragged me to see him."

The other two old gentlemen, Norman and Horford, were negotiating with Cole, questioning his leadership of the group and asking him about the group's future development plan.

In the final analysis, the two wanted to sell their shares.

Cole told them that the group has acquired a batch of gemstones, and will launch a new luxury special conference next year at the latest to complete a gorgeous turn.

The two didn't believe it, and pressed him step by step to ask him what kind of gem it was and how to do it.

Cole just got the fire opal, how could he make a plan for a special conference so soon?

He also doesn't intend to reveal the identity of these gemstones. Before the publicity work starts, he has to keep it a secret. He can tell the outside world that the Hai Rui-Winston Group has acquired a batch of precious gemstones, but he cannot disclose the specific gemstones.

The two of Norman didn't understand him. When they saw his evasive words, they thought he was lying and forced him to find a way to be responsible for their equity.

While forcing Cole, the two shouted at Tatiq: "Old man, come here, what are you doing in a daze? Do you want tens of millions of dollars to be thrown into your hands?"

Tatiq looked at them in embarrassment, not knowing what to say, Li Du said: "Mr. Tatiq's equity has been sold."

Norman and Horford were shocked, Tatiq was even more embarrassed, and whispered: "Li, don't say it."

Li Du said: "I bought the shares of Mr. Tatiq, you don't have to worry, I will buy your shares too."

Upon hearing this, Tatiq asked in surprise: "Really?"

Li Du nodded and said: "Of course, so you don't have to come to force President Cole. I have a huge sum of money that has not been recovered, but it is in the recovery stage. As long as the money is in hand, I will buy your equity."

Norman cried: "Why should we believe your promise?"

Li Du smiled and said, "It's because I bought Mr. Tatiq's shares. If you don't believe me, you can ask him."

Tatiq said with a sneer: "Mr. Li is a young rich man who is passionate about the luxury industry. I think he is really interested in your equity."

With Tatiq's help, Norman and Horford reluctantly believed in Li Du.

There is nothing they can do if they don’t believe it. Cole doesn’t care about these small shareholders. Now that he is a mud bodhisattva, he can’t protect himself. How can he have the energy to manage these small shareholders?

After the signing was completed, Li Du invited Bauer and his legal team to have a big meal at the Joe Lubzon restaurant, and at the same time gave a thank-you fee of 100,000 yuan.

Ball once promised him that he would be responsible for helping Li Du complete the acquisition of Hai Rui Group, so as to show his strength and try to become Li Du's personal lawyer.

Therefore, Li Du did not need to pay lawyer fees for signing the contract. The 100,000 yuan he gave was regarded as a tip, and Ball would distribute it to the colleagues who invited him to help. He could not get much money himself.

After staying in Las Vegas for half a week, Li Du disposed of the jewels in his hands, and left with two million cash and seven points of Hai Rui Group equity.

It's a pity that he can't sell it to Harry Winston Group after he dug up fire opal in the future.

Cole was worried that he would continue to launch fire opal on the market, and told him after he got the equity: "Harry Winston will make a new jewelry series with the theme of these gems. Before this series is launched, please Temporarily store the fire opal in your hand."

Li Du understood that he had to help Hai Rui Group to sell these fire opal jewelry at a high price, because he was already one of the major shareholders of the group and he had to help the group develop.

Chapter 668/1666
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Treasure Hunt TycoonCh.668/1666 [40.10%]