Chapter 146 Return Journey
Even though Sarah was already aware of the information Ethan had mentioned, witnessing a skyscraper that belonged to him was even more shocking than the fact that he had acquired so many companies overnight.
Other than this, she never expected that Ethan had invested such a huge amount of money in constructing this building in Baytown! Did he see Baytown as his future headquarters, too?
"No need to be surprised; it's just a building. I had the idea of forming my own group as early as three years ago. So, during these three years in the Cloud Group, I've been actively building my own group through Pray Investment Company," Ethan explained with a smile, looking at Sarah's surprised expression.
"What is your group called?" Sarah asked, her voice trembling.
"Wilson Group!" Ethan said with a naturally fierce aura.
"Wilson Group! Aren't you afraid of being suppressed by the Wilson family if they find out?" Sarah quickly regained her composure and reminded with some concern.
"That's why I won't let people know about my relationship with this group so soon. After all, the chairman of Wilson Group is not me, and it is mainly supported by the foreign Pray Investment Company. From a legal point of view, it is an overseas joint venture group!" Ethan lightly laughed, at least for now, besides his own people, no one would know his relationship with this group!
"You really are a cunning fox. Has your Wilson Group opened for business?" Sarah finally looked towards the entrance of the building on the first floor and noticed that the door was wide open with many people busy coming in and out.
"Of course, haven't you already seen it? The current president of Wilson Group in the UK is Alexander, and he also acquired those coal companies in the name of Wilson Group. Maybe before yesterday, Wilson Group had no connection with the coal industry, but from now on, it will become the new powerhouse in Baytown's coal industry. Even Baytown Bureau cannot ignore its existence!" Ethan's face was filled with a confident smile as he spoke, taking Sarah's hand and walking straight into the building.
At this moment, Baytown Bureau did not expect that a background company relying on overseas joint ventures would build not only a group building in the city but also overnight form a coal industry worth at least hundreds of billions. If this momentum continued, it was estimated that by nightfall, the capital under the name of Wilson Group would break through the trillion threshold.
Although compared to the trillions of dollars in the entire Baytown coal industry, the billions of dollars were just a drop in the bucket and hardly posed any significant threat to the industry as a whole; how could one sleep soundly when the enemy was at the door?
Without even saying a word of greeting, the Wilson Group acquired so many coal companies, blatantly challenging the authority of Baytown and leaving many local large-scale coal companies humiliated.
In reality, this matter has already been settled, and even if Baytown and others were envious and wanted to do something, they wouldn't be able to.
Ethan intends to take advantage of this opportunity to firmly establish his position in Baytown, only then will he have a chance to further penetrate the coal market.
As long as they conduct production transactions within the industry and national regulations, even Baytown would not be able to do anything to the Wilson Group.
Perhaps the only solution Baytown could think of at this time was to unite major coal companies to resist the Wilson Group, using their extensive network of relationships to make it impossible for the Wilson Group to do business!
However, Ethan had already anticipated this move and knew that it would just be a show. Would he care if Wilson Group made a profit in the short term?
All he wanted was coal and the tens of thousands of employees who clearly depended on him for their livelihoods!
"Mr. Wilson, just as you predicted, Baytown has indeed made a move and spread rumors, joining forces with major coal industry leaders to blockade us!"
That evening, Alexander reported the latest situation to Ethan.
"Let them do what they want; we will only go in and not out. Spread rumors that we want to hoard coal at high prices and find ways to reclaim as much coal as possible from other companies! Don't worry about the cost; Eric will have sufficient financial support over there!"
Ethan had already planned a countermeasure and gave the order to hoard inventory to Alexander.
'If they don't let me sell, then I won't sell.' Ethan's goal was to hold the coal in his hands.
He had already predicted Baytown Bureau's mindset. How could those who have been corrupted by capital, each with their own greed, possibly figure out what Ethan was thinking?
"They want to acquire coal? Are they out of their minds?"
"What tricks is Wilson Group playing?"
"A 20% higher acquisition price than the market price, I'm afraid many people will be tempted by this offer."
At the Baytown meeting, after discussing, many leaders of prominent companies looked expectantly at Thoth, the top person in charge.
"Ha, they're digging their own grave, and I couldn't be happier. How naive and ridiculous of them to think they have a chance to sell so much coal! As long as I don't agree, they won't be able to sell a single pound of coal!" Thoth said with a dark expression.
"Do we really want to sell to them?" Many people seemed tempted by the high price offered by the Wilson Group.
"We will sell to them. I want to see how much money they have to fill this hole. When they can't sell their coal and have to sell it to the Baytown Bureau at a low price, it will benefit me." Thoth also had his own plan.
The Baytown Bureau only dealt with the market, not the extraction source, so Thoth didn't stop these guys from making money.
But once the Wilson Group couldn't sustain itself and its funding collapsed, only the Baytown Bureau would be able to enjoy the gains. This was Thoth's attitude and the biggest benefit in this game.
These guys had their own plans, but unfortunately, Ethan didn't even take them seriously. He wasn't short of money at all. If money could solve the problem with the Wilson family, they would have been finished a long time ago!
His reputation as a business genius was not just because of the revival of the Cloud Group!
Unfortunately, it was not money that determined the strength of the Wilson family, but a small group of people hidden deeper.
Or, in the face of life and death, money was actually the least valuable thing!
After staying in Baytown for three days, Ethan returned to Novaria with Sarah because he received a call from Clarence.
Since he had already achieved the desired result, there was no need for him to hold back. After all, the safety of Remington was the top priority!
At this moment, in the Harris family's mansion in Novaria, Clarence and Bennit sat facing each other in the study.
"Mr. Clarence, consider me owing you a favor on behalf of the Walker family this time."
Upon seeing Clarence hang up the phone call to Ethan, Bennit could only shake his head and smile bitterly. Regardless of the situation, he couldn't let the old man go like this. Once he passed away, even the prestige of the Walker family within the military would undoubtedly decline. It would be extremely difficult to maintain the reputation of being the first family in the military.
At this moment, he had no time to worry about whether or not he was being cautious.
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