Chapter 1617 - 595: No Power Left in Mexico Can Rival Donnie
Chapter 1617 - 595: No Power Left in Mexico Can Rival Donnie
The confident Donnie mentioned the word ’collaboration’, which left Joe Charles both confused and somewhat excited.
This mindset made him temporarily forget to ask Donnie another important question, which was how Donnie obtained these documents.
However, there was no rush, as time was abundant today.
"I wonder what Mr. Block means by collaboration?"
Donnie, with a relaxed demeanor, stated, "The financial crisis has swept across the globe, and the UK’s economic situation isn’t great either.
To my knowledge, hundreds of companies have gone bankrupt in the UK over the past two years; these are all quality assets!"
This financial crisis is global, and the UK has not been spared; not only that.
Countless companies closed down, and workers became unemployed.
Otherwise, Ramsay MacDonald wouldn’t have submitted his resignation and switched lanes to become the UK Prime Minister again.
Joe Charles felt a hint of peculiarity rising within him. He had a premonition that if Donnie’s thoughts aligned with his own, then losing the Mexican silver mine might not be so hard to accept.
Seeing Joe Charles’s expression, Donnie understood his thoughts and smiled slightly, knowing that without the prior persuasion.
The other party would undoubtedly not accept his idea.
"What I’m saying is simple: with Bougainvillea Bank spearheading, and joining forces with you, Duke, and your friends, we jointly acquire UK-based companies with good credentials but are facing survival crises due to the financial crisis!"
As expected!
Joe Charles couldn’t help but grow excited inwardly.
As expected, it aligned with his thoughts.
Donnie wants to enter the UK business field comprehensively!
But since it’s a collaboration, there’s definitely a share of investment from each party!
"Then I wonder what share Mr. Block is planning to use to facilitate this collaboration?"
Facing Joe Charles’s inquiry, Donnie replied, "To facilitate the acquisition, both parties can establish an investment company.
According to my vision, this investment company initially requires $300 million, with Bougainvillea Bank willing to invest 70%, which is $210 million, while the remaining $90 million is for you, Duke, to raise!"
Joe Charles waved his hand, his confident smile returning to his face.
"Mr. Block, do you think we’re unaware of your company’s current situation?"
Donnie leaned back on the sofa, showing a puzzled expression, and asked, "What situation could our company be in?"
Joe Charles, with a calm smile, explained, "Firstly, although many domestic UK companies are bankrupt and struggling, if a US-based company initiates a full acquisition mode at this time.
This will surely face resistance from the UK’s public and government.
So previously, Bougainvillea Bank hadn’t taken any action.
Now, Mr. Block, you seek our collaboration merely because you value our UK background to easily resolve this matter.
So in this matter, we not only have to provide money but also must leverage our power and connections.
Secondly, we are also well aware of your relationship with the Rothschild Family, Mr. Block.
Moreover, I can assure you that if the Rothschild family learns of Bougainvillea Bank’s actions, they will certainly intervene.
This situation also requires us to negotiate from the inside.
So, Mr. Block, although you are contributing a major portion of the funds, in reality, we are exerting more effort."
Donnie slowly nodded, not denying Joe Charles’s statement.
"Alright, since you, Duke, see it so clearly, let us step back: Bougainvillea Bank can provide 70% of the funds for the new investment company but will only hold 60% of the shares.
This way, you should have no objections, Duke?"
Joe Charles continued to shake his head, saying, "That’s still not enough, Mr. Block, if we both collaborate, the new company can offer you only 40...50% of the shares!"
In fact, Joe Charles initially wanted to offer only 49% of the shares but, considering the negotiation process today, Donnie’s attitude, and their current financial offer.
Joe Charles ultimately decided that 50% was the most appropriate share.
Although both parties hold equal shares, the business is conducted in the UK.
Donnie’s influence in the UK is indeed not trivial, but they hold more advantages, as long as they maintain their local advantages.
The new company would still be under their control!
Donnie naturally couldn’t agree to this condition, "Duke, don’t you think this is somewhat inappropriate?
We contribute the majority of the funds, the collaboration is our proposal, yet in the new company’s shares, you want it to be equal.
Isn’t this somewhat inappropriate?"
Seeing Donnie’s reluctance, Joe Charles grew even happier.
Since entering the room, Donnie had been holding the upper hand in negotiations.
Now, finally, they regained part of the upper hand.
Very satisfying!
"Mr. Block, it’s not fair to say it that way. You indeed contribute more money, but without us, this endeavor cannot be accomplished.
Frankly speaking, I can completely abandon Mr. Block now and join forces with other funds to do this, and the success rate would also be very high!"
Donnie showed an angry expression, and Joe Charles grew even happier seeing Donnie like this.
"Duke, I presented this idea thinking you, as a Duke, should have a noble pride.
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