Chapter 206 Financial War
Kevin let out a sigh. “Skye, you know the situation Jennifer is in at the moment. She doesn’t have enough funding.”
Skylar said, “My dad is finding ways to borrow a million to invest in Jennifer’s project. However, he will need to contract a construction team.”
“One million? Where is he going to borrow the money from? Is it possible to borrow such a huge sum of money?” Kevin was skeptical.
To which Skylar replied, “You don’t have to worry about that. If he couldn’t manage to borrow the money in the end, you still have to give him a construction team. You can consider that as my betrothal gift.”
“Let me think about it. This can’t be rushed,” Kevin said.
At that moment, Donald left quietly. As he walked down the street, he called Charles and said, “Give me all the information you have on Paramount Hotel within one minute.”
After thirty seconds, all the details about Paramount Hotel were sent over to Donald.
The biggest shareholder of the hotel was Daily Yield Group, which had a market value of over thirty billion.
To his surprise, the person currently managing Daily Yield Group was none other than the King of Private Equity himself, Bryan Garcia.
Private placement was a form of investment fund raised from qualified investors in the form of non-public offering to invest in stocks, equity, bonds, futures, complete funds, fund shares, and other investment targets agreed in the investment contract.
According to the information, Bryan had an outstanding resume.
His father was a senior executive in a financial institution on Windmill Street, while his mother was the editor-in-chief for a news publishing company in Moranta.
Bryan had started his career on Windmill Street five years ago. Through those five years of experience, he had grown to become a private equity tycoon in the country at the age of twenty-nine.
More importantly, Bryan was Jennifer’s first boyfriend.
“How much does it cost to acquire Daily Yield Group?” Donald asked flatly.
Charles was shocked to hear the question. “Lord Campell, don’t be impulsive…”
Charles was Pollerton’s wealthiest man with over a hundred billion net worth. It would not be a problem for him if he were to acquire Paramount Hotel or even Daily Yield Group.
However, he was concerned about who was backing Daily Yield Group.
That person was Neil.
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