The Mech Touch novel Chapter 5612

Chapter 5612 Incredibly Lucrative

The negotiations between the Larkinson Clan and Isthmus Manufacturing sped up by an enormous degree now that the ultimate decision-maker had issued his verdict.

After Ves managed to gain the assent of his new imperial 'friend', all of the obstacles that stood in the way of taking over a part of the renowned Rubarthan mech manufacturer had disappeared!

No matter what the CEO or the board of directors thought, none of them had the power or the courage to oppose this reckless and extreme initiative.

Prince Casevir did not even have to supervise the process in person. He only had to issue a few instructions to his staff in order to get the ball rolling.

All of the other institutional shareholders that easily could have formed a voting majority to reject the proposal did not say a peep in the end.

None of them wanted to get on the bad side of a Rubarthan prince without sufficient cause!

It helped that the deal was not as one-sided as it appeared on the surface.

Isthmus Manufacturing not only promised to become one of the biggest corporate partners of a rising superstar in the mech industry, but could also begin to capture market share and earn high profits right away by putting the fantastic new Fey Fianna model into production.

Perhaps it was not a bad idea at all to trade short-term gains in order to secure the cooperation of a mech designer that might one day return value many times over in the long run!

It was just that the heavy dilution of stock that they had 'voluntarily' approved tasted very bitter in their mouths.

Even if their stake in the massive company only dropped by a few percentage points, that already represented a loss in value of billions of MTA credits at the very least!

First-raters may be a lot wealthier than their lesser counterparts, but even they did not dare to mess around with such vast sums!

The Larkinsons did not care about the obvious ambivalence from the other side. The lawyers, the business executives, the process engineers and so on couldn't restrain their ecstatic smiles as they worked to facilitate this humongous deal.

Their clan was on the cusp of forging its largest corporate alliance yet! This was the first time in its short history that it had managed to secure a partnership with a much more powerful first-class corporation!

Once both sides signed the final contract, the Larkinson Clan ascent to first-class had become a foreordained conclusion!

Just the massive amount of dividends that the Larkinson Clan could earn from a company that had always been profitable despite its heavy capital expenditures was enough to uplift every Larkinson to a first-rater!

Of course, Ves and numerous Larkinsons did not lose their minds after securing this insanely lucrative windfall.

The 20 percent stake in Isthmus Manufacturing did not come without a lot of strings attached.

It was all well and good to rely on friendship and mutual trust to ensure that Ves fulfilled his promises, but deals on such a massive scale should always be secured in a formal contract.

This was the reason why the negotiators on both sides had to work all night to hammer all of the subtle nuances and complicated details that their leaders never bothered to think about.

Ves did not worry too much that his negotiation team would botch the results. The leading figures had already set the trend. The staffers could only fill in the gaps.

As the contract rapidly started to reach completion, Ves received another update from his personal assistant. _{free𝑤ebnovel.com}

"The Rubarthans agree to let the Larkinson Clan to gain a total of 20 percent of all outstanding stock in Isthmus Manufacturing." Gavin reported with a slightly more restrained smile than before. "This doesn't prevent further stock dilution or other events from reducing our ownership, but on the flipside we can also buy additional shares in the stock market to increase our weight in the company."

Ves shook his head in disapproval. "That is far too expensive. Neither the Impresario Prince nor I want to diminish our voting rights in the company. It won't happen so long as both of us are opposed to this measure."

"You're probably right. What truly matters is the conditions that the Rubarthans have tacked on to the contract. You won't be able to hold onto all of those juicy shares without meeting your obligations to the company. For one, Isthmus Manufacturing has already bought out the commissions that you have originally agreed to fulfill to the Colonial Federation of Davute."

Ves did not look too surprised. "It's a shame that I cannot fulfill my original responsibilities to Davute, but I hope that my former client managed to get a huge payday out of this buyout."

"The deal the Davutans manage to secure with the Rubarthans is completely voluntary." Gavin assured. "Our local branch over there has heard rumors that President Yenames Clive managed to leverage his position to extract a lot of useful concessions from the Impresario Principality. Davute expects to gain access to a lot of technological support, favorable trade channels, apprenticeship programs and lots and lots of cash. This will ease the deficit of his state and strengthen its foundation a lot further down the line. Besides, the Davutans also managed to retain the right to produce and field the commissioned mechs themselves, so it is not as if they are actually losing anything meaningful."

"I see. That is a remarkable result. What conditions do we have to abide by in order to uphold the deal?"

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