I am a Big Player

Chapter 640 - 640 631 Little Fatty Xu Nuo_1

?Chapter 640: 631, Little Fatty Xu Nuo_1 Chapter 640: 631, Little Fatty Xu Nuo_1 The Qinghe Group had gradually become low-key within the domestic media environment. This was a deliberate move by the group itself to decrease its hate index. However, its influence abroad wasn’t very significant, after all, national boundaries are quite distinct. Even though the rapid development of Qinghe Group had been astounding, it hadn’t reached the level of the true global financial conglomerates.

Duan Xiaolou had heard the name Qinghe Group before as a strange acquisition case was recounted to her by a senior—The Brown family sold 10% of their shares in an American airline company to the China-based Qinghe Group.

What was so peculiar about this acquisition? It was the purchase price.

At that time, the person in charge of the aviation sector in the Brown family was urgently seeking an investor for cooperation. Many eyed the prospect greedily, yet bid the price too low, and it was only Qinghe Group who completed the acquisition with a premium of 3.2%, making it one of the biggest acquisition cases in the United States in the second half of 2007.

The regulations of the stock exchange were quite clear, any change in equity exceeding 5% of the total market cap must be made public, and it was because of this that Qinghe Group entered the sight of foreign capital.

Many international media made no comment on this, but Duan Xiaolou and her seniors always felt there was something too wrong about it, as if it showed the Chinese being foolish with too much money. Which domestic nouveau riche had come to play at acquisitions in America? They were far too inexperienced, not even understanding the price well enough.

So, everyone laughed it off and didn’t think deeply about it, as this case had no reference value for them—they would definitely not do such a thing.

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