Chapter 662: Big Shareholder (1/2)

Chapter 662: Big Shareholder

Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio

Regardless of how one looked at it, it ard for a CEO to promote his own shares to others

A CEO would normally not do this It clearly showed the other party that, as the CEO, they themselves were not optimistic about their own company As such, ould anyone want to buy their company's shares?

Despite that, Cole had no other choice Truth be told, Harry Winston was unable to take out 70,000,000 USD worth of cash at one go

If the company's account still had this amount of cash, Harry Winston would not fall so low as to have bankruptcy ruood quality, they could be brought quickly to the market after they had been h Cole was unable to obtain the emstones

If this were handled well, Harry Winston could end up earning a profit that o ti 70,000,000 dollars to procure the ge as the company was able to earn this amount, Cole would not have to worry about the company's financial problem as Harry Winston would be able to completely recover from the financial crisis

The appearance of Li Du was a chance for the dying Harry Winston, a chance to revive the company

In the world, those who could provide such a large nuemstones were few and far between The nue nu to buy the shares of Harry Winston was one

As such, having seen the opportunity to save his erab onto Li Du, as his last hope at saving the company

Li Du very quickly understood his relation to this matter As it was much easier for him to lower the price, he was very happy to buy the shares in Cole's possession

He swiftly contacted Bauer Neuberger, as the lawyer Playboy had recommended, and consulted with hi him lower the price

Previously, Li Du spent 11,200,000 dollars to buy 0008 percent of Harry Winston's shares This time around, he wanted to buy more than six 0008 percent of shares with the six and a half 11,200,000 dollars in his possession

A business negotiation had begun

Bauer had already seen Li Du's potential and paid great attention to hi informed that the deal this tihtaway brought his whole teaotiate

Cole also called over Harry Winston's business lawyers and financial advisors Even though his teagest say in this negotiation

The negotiation started the next day and lasted the entire day, fro a conclusion that both parties were happy with

Cole was selling one percent of the company's share, which was seven percent of the 48 percent of shares in his possession, for 10,000,000 dollars

With that, Li Du traded in his gemstones for 72,000,000 dollars and used 70,000,000 dollars of it to buy the shares while 2,000,000 dollars was given to him in cash

The trade was coh Cole wanted to organize a press conference, Li Du declined as he wanted to beconsidered his recent kidnapping, Cole and Roger understood his worry and co of the contract without fanfare

The whole contract signing process was considered successful However, when the signing of the contract was about to be coroup, knocked on the door and called for Cole using his full name

Li Du was familiar with the three elderly people They were three small shareholders of Harry Winston who the the three of the here? You don't have any ht?”

”Softer, Li, my two friends here don't know I sold my shares,” Tedrick replied in an embarrassed manner ”They were infor to meet him”