Scum Daddy Dreams Of Stealing My Mommy! -
Chapter 402: I Support You!
Chapter 402: Chapter 402: I Support You!
"What?" Shaw’s face contorted in shock, instinctively stepping forward, "Sis, did I hear that right? You have a high fever? You founded Venus single-handedly. How much effort and dedication you’ve put in to build its reputation today. To you, it’s like a fourth child, and now you’re saying you want to sell it?!"
Amelia was also very conflicted.
But in the current situation, she couldn’t think of a faster way to raise money.
Shaw was smart, seeing her conflicted and anxious face, quickly understood, "Is it that Mr. Hart’s company needs a lot of funds and you want to help him through the crisis?"
"Yes."
"Then... how much more does Mr. Hart need? The Hart family is such a large, prestigious family, surely there are options? How did it fall on you to sell the company?"
"There was a way initially, but the other side came prepared, adopting a hunting stance. The stock held by Christopher has been maliciously shorted, resulting in heavy losses. Since before the New Year till now, he’s invested a lot in acquiring scattered shares in the secondary market, and now it truly seems there’s no other way. Actually, with the situation reaching this stalemate, both sides are severely wounded, and the other side must also be at the end of their rope. But at this moment, they are even less likely to retreat, otherwise the negative effects from high-leverage financing will leave them bankrupt with no chance of recovery. In such circumstances, they’ll stop at nothing, so for Seal-Cloud to win, we must be better prepared, with more ample funds. Benny Palmer told me that at least two billion is needed, but I estimate that we might need to prepare three billion to be confident in our success..."
Although Amelia was abroad recently, she was monitoring the news at home and Seal-Cloud developments constantly.
She didn’t quite understand the stock market wars, but from observing these past days, she grasped the basics.
Peak Industries and Seal-Cloud Corporation had entered their final showdown.
Both sides were placing everything on the line, ready to pull out their deadly moves.
For Seal-Cloud to turn the tables, this was the last chance.
As long as they win this time, Peak is certain to be obliterated!
Therefore, she must be fully prepared, the funds can only be as much as possible, not less.
Shaw’s eyes widened in shock, "Thir... Thirty billion?! But... even if we sell Venus, we can’t get thirty billion!"
Though the company’s development had been very strong these past few years.
After establishing the Asia-Pacific region last year, performance hit new highs.
But it’s at most valued at ten billion!
It’s still two-thirds short!
"Yes, I know Venus isn’t worth 30 billion, if I could sell it for 10 billion, the problem would almost be solved."
She had calculated that the movable and immovable assets Christopher had given her could be liquidated for about over a billion in the short term.
If that’s not enough, she feared she might have to sell the courtyard house in the Ancient Town, which could raise several million more.
She even thought if that still wasn’t enough, she would shamelessly ask Kane for a loan.
Of course, she wouldn’t take advantage of a friend; she would pay him interest at the highest market return.
In any case, it’s a do-or-die, burn the ships, she has to preserve Seal-Cloud Corporation for Christopher!
Young Master Palmer said, Seal-Cloud’s internal operations are fine, and all the projects are good.
So as long as they can win this battle, she believes with Christopher’s capability and tactics, he will soon lead Seal-Cloud to stand firm again and achieve new heights.
By then, they can repay these loans and even possibly buy back the courtyard house at several times the price.
Having made up her mind, Amelia looked at her assistant with ever more determination: "Shaw, do as I say, immediately spread the word, aim for investors or buyers in this European business circle."
She intended to keep this from Christopher, not letting the news leak back home until the deal was done.
Otherwise, that guy would definitely hit the roof.
Shaw was full of reluctance, finally persuading her: "Sis, do we really have to go this far? I have been with you since Venus was founded. In over four years, we achieved what we have today, it’s remarkable! If we continue, a few years from now, we can become a globally renowned jewelry fashion brand, selling it now is really too regrettable!"
Amelia knew Shaw couldn’t bear it, and how could she?
Shaw was right, Venus was like her fourth child, she founded it with difficulty, pioneering with all her heart, finally achieving the brand effect it has today.
In foreseeable future, the company is sure to get better and better.
But she had thought it through seriously; this might also be an opportunity.
Venus headquarters is in Zurich, moving the headquarters to the domestic location is not an easy task.
But if not moved, she had to come here for work every quarter, sometimes for ten days, sometimes over a month.
She couldn’t leave her children, her family, and especially after experiencing the plane crash last year, she now had a kind of psychological shadow over long-haul flights.
If it weren’t for this matter, she definitely wouldn’t bear to take this step and would continue to struggle internally.
Now at this juncture, it solves the conflict in her heart and can help Seal-Cloud through the crisis, achieving two goals with one stone.
Perhaps this is Venus’s mission.
Amelia got up and walked to Shaw, hugging her and patting her: "Do as I say, I want to thank you for your help these past years. Truly, you’ve done great work and often helped me with the children, I’ve always been grateful to you. In the future, we won’t be in a superior-subordinate relationship anymore, but as friends. Once this is settled here, I’ll introduce you to a new job, ensuring it’s no worse in terms of treatment than now."
Shaw knew her resolve was set, no longer saying much, nodding: "Alright, I’ll handle it. Actually, there have been many in the industry wanting to acquire the Venus brand, just the price needs negotiation. Don’t worry, I’ll choose the most suitable acquirer to maximize benefits."
"Yes, thank you for your hard work."
Shaw turned to get busy, and Amelia sat back down behind her desk.
Selling a company is extremely complicated.
Starting acquisition talks, valuing the company, due diligence, signing, wrap-up work, etc., and these are just the major aspects.
The smaller details are countless.
She didn’t know if Christopher could hold on until she gathered enough funds, only praying in her heart that everything would go smoothly and be implemented quickly.
Sitting quietly for a while, she remembered that Venus also had Snow Fitch’s shares; now that she was planning to sell the company, she ought to inform Snow, so despite the late hour at home, she called Snow.
As expected, Snow asked if she’d gone mad.
But after hearing her reasons, Snow was persuaded.
"If you’ve made up your mind, then go ahead. We’ve been friends for so many years; we’re closer than sisters. Whatever decision you make, I’ll support you." Snow, always straightforward, knew she couldn’t be stopped, so generously chose to support her.
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