Chapter 674 Trust
- As Nan Chen hardly ever praised anyone, Ning Ran asked curiously, “Why are you impressed that he didn't acquire Sunshine Corporation?”
- “If he had acquired the company while the Ouyang family was having trouble, it might not sit well with the other directors and upper management of Sunshine corporation. They might even go against Rong Yi because of that. Besides, Sunshine Corporation is a large organization. To acquire the company, a huge amount of capital is required. It's unlikely that Prosperity Holdings would have sufficient cash flow. As such, their only way to complete the acquisition is through debt financing. However, if Sunshine Corporation fails to perform well after the acquisition, the company would end up in a very risky position.”
- Ning Ran nodded and replied, “Oh, I get it now. It's like, if we force ourselves to eat when we are already full, we would end up getting indigestion. You've told me the analogy before. So Rong Yi is actually very smart. He chose not to acquire the company but to become a shareholder instead and observe the situation.”