Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter three hundred and sixty-eight new standards(2/2)

They dug this hole for Taihua, and of course they knew how big the risks were.

Especially in mid-to-late August, international crude oil prices also began to plummet, and more and more signs showed that the subprime mortgage crisis could no longer contain the spread of the crisis around the world. Kanem could not be immune, even because its domestic economic structure was seriously unstable.

If you are healthy, the impact will be more severe.

In this case, the key is for them to make good use of the funds in their hands and harvest more of Tianyue's urgently needed assets as cheaply as possible, rather than easily getting involved in deeper pits.

Even if they were lucky enough to win control of the Taihua Group, in Zhou Han's view, they would have to abandon the flashy project of Cornero Marina New City as soon as possible; even in Zhou Han's view, they should not fight for the Taihua Group at all.

This mess was destined to be difficult to correct. The Lu family was defeated and left directly to Han Shaorong.

"No one likes a pure spoiler or destroyer, and Ge Jun and Qian Wenhan are no exception. Furthermore, I hate Han Shaorong, and of course I don't want to be like him," Cao Mo said with a slight sigh.

, "No matter which angle you look at it, the Lu family can be defeated, but Cornero Marina New City will leave a lot of mess, which will also be very detrimental to us."

"But how to solve the problem of funds?" Zhou Han asked.

"This is also one of the reasons why I want to find Sturgeon," Cao Mo said. "As one of the major shareholders of Cornero Energy, the Oppenheimer family also has the right of priority to repurchase the shares held by Dongsheng.

——I want to persuade Sturgeon to first support the Oppenheimer family in repurchasing part of Cornero Energy’s equity.”

Although Qian Wenhan kept the repurchase offer very low, even if Dongsheng accepted it unconditionally, a 30% stake in Cornero Energy would cost US$60 million.

Before the crisis completely arrived, Qian Wenhan did not want to consume the funds in his hands, so Cao Mo naturally wanted to reduce the consumption of funds as much as possible.

By allowing the Ranitz-Oppenheimer family to take over 10% of Cornero Energy's shares, Cao Mo does not have to worry that the real control of Cornero Energy will fall into the hands of others, and can also save the funds in their hands to the maximum extent.

As for Cornero Coastal New City, Cao Mo thinks the pitfall is not that big. He had originally planned to build Lake Bay New City. If he really wants to take over the new city in the future, the plan will definitely need to be readjusted, but there is no need to cut it off.

.

Of course, Cao Mo is not that optimistic about the reversal of the international situation. After all, the current international situation is in disarray, and it cannot reflect the high organization and efficiency of the country in all aspects. But the more this happens, the more someone needs to stand up.

Turn the tide, otherwise it is really difficult to predict how bad and far-reaching the negative impact will be.
Chapter completed!
PrevPage Index    Favorite Next