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Chapter 289 This TM is really poor and crazy!

"...There is currently a phenomenon of fuel oversupply in the UK's natural gas market, and the supply is oversupply. The natural gas contract price has fallen across the board. This winter, our power plants will see a significant increase in profits."

After finishing the summary, Kelina from the power plant nodded slightly to Arthur and signaled.

Arthur smiled and signaled the other party to continue the meeting. He was sure that he only came with his ears this time, but to be honest, even if he asked him to speak, he would not be able to explain any reason.

After listening for a full hour, the meeting ended. Arthur returned to the office with Corinna and Angela.

"Corina, what new progress is there on financing?"

As soon as he sat down, Arthur asked his most concerned question. Before that, the news that the Bristol Coast Natural Gas Power Plant decided to sell part of its equity to the outside world and carry out the third phase of the project financing had long been released as he ordered.

Although the valuation of the power plant is much higher than that of Arthur when he acquired it, almost reaching the point of dying money, several foreign funds and companies still sent invitations to negotiate.

The consortium led by Maple Leaf Country's Pension Plan Investment Committee, the Quanta Group of Tianchao, and the Feldspar Group controlled by the Muzi family of Herijiang, which surprised Arthur, are all very interested in this part of the equity of the Coast Power Plant.

"The focus of the negotiation process is still about the asset valuation of power plants, which is £750 million valuation, which is difficult for all three companies to accept. They believe that we are not sincere. Maple Leaf Country's Pension Plan Investment Committee has suspended negotiations with us.

At present, the negotiations with Quanta Group and Feldspar Group of the Celestial Dynasty are still in a stalemate. As Christmas approaches, the negotiations are now in a state of suspension." Corinna reported with helplessness.

To be honest, the current situation of negotiations cannot be blamed on their incompetence. The key is that they meet a boss who is asking for money. It is too little room for them to maneuver in the negotiations. It is already very difficult to leave two acquisition companies. This is mainly because the other two companies really want to join.

Although Arthur was a little surprised that the Quanda Group of the Tian Dynasty and the Feldspar Group of the Muzi family could persist until now, he could understand the other party's real purpose, especially the Quanda Group, which undoubtedly meant that the other party was not drunk.

Don’t think that most developed countries, especially relevant countries in Europe, are currently trapped in a vicious cycle. Affected by the global financial crisis, they have reduced international investment, streamlined and divested international assets, and they really think that this is creating opportunities for Celestial enterprises to go global.

Sometimes, having money is not necessarily omnipotent, especially with the increasing regional protection, the risk factor of the investment environment is increased. Moreover, in many cases, the review of enterprises in some countries is more stringent!

The reality is that there are still great obstacles to entering the markets of developed countries. Overseas direct investment is really challenging and opportunity.

Therefore, in order to smoothly carry out overseas acquisitions, strengthen public relations, and avoid zzy-like responsibilities, in the process of mergers and acquisitions, do a good job in zf public relations, maintain good communication with some forces and departments, and obtain support and cooperation, sometimes, it is more important than more money.

Perhaps the coastal power plant in Arthur's hands is indeed a good asset in a valuation depression, but with Arthur's speculation and money-making, it has caused some bubbles in the asset valuation of Bristol Coast Natural Gas Power Plant. Even so, these two companies still insist on becoming shareholders of the power plant, which means that the other party is not just for commercial interests.

Stepping stone, springboard...

Arthur shook his head and laughed. He really didn't care about the other party's real purpose at all. For him, as long as the other party could take out the money, he didn't care whether the money had other colors.

Looking at the young boss who suddenly shook his head and laughed, Corinna and Angela looked at each other, and Angela frowned slightly and persuaded: "Boss, if we really want to promote the listing of the coastal power plant as soon as possible, we really need to complete the financing as soon as possible and introduce new shareholders. Moreover, the longer the time is delayed, the more unfavorable the changes in the external environment will be for our advantages!"

"Oh? What do you mean?" Arthur raised his eyebrows slightly and looked at Angela and asked.

"Under the haze of the full outbreak of the European debt crisis, the British economy is currently on the verge of recession, and it is facing the worst deficit burden since World War II.

Moreover, due to the European debt crisis, there are currently many European countries trying to increase revenue and reduce expenditure through privatization of assets. According to my understanding, in addition to the United Kingdom, more than a dozen countries including Greece and Spain are preparing to sell or rent out assets to get rid of debt burdens.

The assets to be sold include energy companies, aviation and subway service systems. In the next two years, the "big auction" of European assets may experience unprecedented misery.

Among them, Greece is undoubtedly the euro zone member with the most "trading goods". According to the privatization plan that Greece is preparing to launch next year, the country will raise about 50 billion euros through privatization of its owned enterprises by the end of 2015.

The privatization projects include Guoyingboai Company, natural gas company, railway company, and even Guo defense equipment company, mining and metallurgy Corporation, Greek Post Bank, Greek Agricultural Bank, Greek Electric Power Company, Greek Vehicle Company, Greek Telecom Company, Greek International Airport and 39 regional airports, Piraeus Port, Thessalonika Port, Athens Water Supply Company, etc.…”

Arthur was stunned when he heard this. He was so poor! Greece was almost selling the entire country in a package!

“…If we cannot complete the financing as soon as possible, some of our advantages will become vanished with time and external changes, because there are so many options to choose from!”

To be honest, Angela was a little anxious, and she didn't expect that the situation would become like this. Greece was no longer as handsome as it was ready to start a big sale mode. If she wanted to proceed smoothly according to the original plan, it would be impossible not to hurry up.

Arthur was extremely depressed and a little panicked. He originally thought that his assets were a hot item, but now he knew that it would not take long for the whole of Europe to become a super store. No one would be interested in his stuff then... Computer::/

"In this way, Corinna, you immediately notify the negotiators of the Quanta Group of Tianchao and the Feldspar Group of Herijiang to restart the negotiations tomorrow morning, and discuss the new plan of a valuation of 600 million pounds of assets and a 15% share cap for each company.

We strive to sign the agreement before Christmas and tell them that we are introducing shareholders to prepare for listing. I believe they will not refuse this opportunity to make money!"

Arthur knew that at this time he had to make a decision, and he was going to race against time to pull people on the ship.

Angela and Corinna were slightly surprised when they heard the boss's decision, but did not refute the boss's decision. Then they heard Arthur continue: "Tell all employees that they can buy the original shares of the power plant at a valuation of 400 million pounds of total assets, with only 10% share. This is the only benefit that I, the new boss, can give them before the company's shareholding reform, and I hope to grasp it!"
Chapter completed!
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