Breaking Free from the Ex-Husband novel Chapter 88

Heriberto believed that at that time, Lumora Group must have been short of money.

With bank loans, the interest rates were too high.

Looking for investors, they definitely want to take a certain percentage of Lumora Group.

Since he couldn’t acquire Lumora Group now, investing in Lumora Group is also an option.

For Iris, he wanted a smaller share than others.

“Oh.”

Nathaniel laughed when he heard that, “How much is Mr. Hale planning to invest and how much stake does he want?”

“100 billion.” Heriberto didn’t mince words, “As for the shares, Mr. Cantrell will take care of it.”

“Hahaha-” Nathaniel suddenly burst into laughter, “Did Mr. Hale give you this 10 billion because of Ira?”

Heriberto’s eyebrows furrowed, “If Mr. Cantrell thinks so, it’s not a bad idea.”

Nathaniel suddenly stopped smiling and said, “Lumora Group, they have a lot of shortcomings, but they are not short of money.”

He raised his eyebrows, “So, I’m afraid we won’t sell a single share of Lumora Group’s stock, disappointing Mr. Hale.”

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Heriberto squinted his eyes.

He actually always suspected that behind Lumora Group, there were big capital supporting it.

It turns out, it was true.

“I guess…”

He stared at Nathaniel, his mouth curling up, “Mr. Cantrell isn’t the biggest boss of Lumora Group, right?”

The big capital behind, that’s the real boss of Lumora Group.

Nathaniel laughed, nodded, “Mr. Hale guessed right, I’m not actually the real boss of Lumora Group.”

“Shouldn’t Mr. Cantrell talk to the real big boss of Lumora Group about this 10 billion thing? Maybe this big boss is willing to cooperate with the Hale Group,” Heriberto said confidently.

“No, thanks,” Nathaniel smiled and declined, “I may not be the biggest boss of Lumora Group, but I call the shots when it comes to Lumora Group.”

“Mr. Hale, take care and goodbye!” He directly gave him the cold shoulder.

Heriberto squinted at him, pondered for two seconds, and had a fleeting thought in his mind, too fast to catch.

Since Nathaniel’s attitude was just as firm as Danica’s, when it came to finding Iris, he had to come up with another plan.

He stood up, “My proposal is still on the table, Mr. Cantrell can take his time to think about it.”

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After saying that, he didn’t stay any longer and just left

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The day after Heriberto said he was going to invest 10 billion in Lumora Group, major financial news reported a shocking news Ardiham’s Lumora Group actually acquired Flonoland’s prestigioas cosmetics brand PureBloom for a whole 1.1 billion euros

Lumora Group has only been established for nearly five years, Brod a company that has only been established for five years has acquired Oswalon, a prestigious brand with a hundred years of history

This is definitely a myth in the industry.

Although Lumora Group has made a name for itself in the country over the past two years, its reputation has been skyrocketing. People who have used Lumora Group products all speak highly of them.

Lumora Group was only established five years ago, and there isn’t a big group with relevant industries to rely on behind Lumora Group

Lumora Group achieved today’s success all on their own, thanks to their products and capabilities:

Now, Lumora Group is acquiring foreign century–old brands at high prices. Everyone is starting to speculate that behind Lumora Group, there must be a big financial group supporting it.

If not, then Lumora Group suddenly threw out 1.1 billion euros, emptied themselves to acquire PureBloom, undoubtedly testing the waters on the road to self–destruction.

After all, everyone knows that cash flow is the lifeblood of a business to keep it running smoothly.

Many professionals analyzed and concluded that without the support

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of a big financial group, Lumora Group wouldn’t have been able to secure 1.1 billion euros without any loans.

Since Lumora Group has a big financial group supporting it, the development of Lumora Group is naturally limitless.

Many experts predicted that if Lumora Group keeps growing at the current pace, in less than five years, it will definitely become a leading domestic or even global cosmetics company.

Heriberto wasn’t surprised at all when he saw these messages.

Before he knew Lumora Group wanted to acquire PureBloom, he had someone disrupt Lumora Group’s acquisition.

And the company that interfered with Lumora Group’s acquisition was the Hale Group, a chemical company overseas in which they held more than 30% of the shares.

I didn’t expect that, his meddling caused a fire in the backyard of the chemical company, which was then raided by the local government for inspection, and later news broke that the products produced there had exceeded the carcinogenic ingredients limit.

With that, the chemical company was too busy to even think about acquiring PureBloom.