Chapter 18 - Acquisition-4

Eleanor returned to her office and immediately called Freya. They chatted for a few minutes, mostly about Freya's activities that morning. The mother-daughter duo enjoyed a brief, relaxed moment after lunch before Eleanor ended the call and refocused on work.

She reviewed her plans for Techno Club and Chen Group, then sent an email to the lawyer handling negotiations with Techno Group. After that, she summoned Maya, Lily, and Olivia to her office.

Once they were seated, she announced, "I just acquired 70% of Fortune Tech. The Miller family will continue to manage the company, but only as long as they adhere to our rules. Lily, select an experienced person from our core team to be our representative in Fortune Tech."

All three women were shocked by this revelation. Maya, disbelief evident in her voice, said, "You just went to have lunch with their chairman and walked out owning the company?"

Eleanor handed the signed agreement to Lily, who scanned through it before passing it to the others.

Lily nodded in understanding. "So, we won't interfere in the company's day-to-day operations?"

"Correct," Eleanor affirmed. "Fortune Tech recently developed a highly efficient facial recognition software. They are currently in talks with several social media platforms. Stop them from making any deals and transfer the entire team working on the software to Heimdall. Then, send the software's source code, executable files, APIs, SDKs, code documentation, testing and other support materials, and deployment instructions to our US office."

She turned to Olivia. "Work closely with this team and our US development unit to integrate the facial recognition software into our main AI."

Then, addressing Lily again, she said, "Fortune Tech will continue its normal operations, but I need you to develop a plan to improve its profitability. Also, implement our confidentiality agreements and salary structures there."

"Maya," she continued, "after Teresa finalizes the legal procedures, you'll take over her role in maintaining contact with Fortune's board. Keep this acquisition out of the media spotlight."

her instructions, Eleanor concluded, "That's all for now. Send

few minutes later, James Smith

a seat," Eleanor said

IT division of the Chen Group. As you know, the Chens have a vast business empire, but I'm only interested in their IT company. If I take the same aggressive approach as I did with Sage, they'll retaliate with the full support of their group. IT is one of their smallest ventures, but I have found two weak points. First, their casinos are deeply connected to the underworld and are involved in illegal

second issue is Daniel Chen, the son of Chen IT's chairman. He is on China's most-wanted list for murder and is currently in the US under my surveillance. I can have him captured and sent to the Chinese

giving them strong ties to major media outlets. If you attack them, they'll use their media influence to strike back, which could be bad for

you. I'll look for another company

"If you need anything else, let

left, Teresa entered, looking

smirked. "I was just

Sage Enterprise and the chairman's wife. Both meetings are scheduled for this evening. I'll have good news for you

pounds to the director's offshore account if he

at a disadvantage with Chen Group. Acquiring their IT division seems nearly impossible in the short term. We originally planned to acquire their

the pros and cons, I've decided to leave them alone and pursue an alternative. Before I explain my backup plan, call

called them, and shortly after, they entered the

declared. "Instead, we're shifting focus to HFCL of India. Lily, research how to secure a

for now. And import their goods to compete with Chen's broadcasting equipment business. If we establish HFCL in the Kingdom, we can challenge the Chens and disrupt their market dominance.

The Novel will be updated daily. Come back and continue reading tomorrow, everyone!

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