Actually, this was not a matter of who wins or loses. Lu Zhou's proposal was a win-win situation.
Otherwise, Grynberg would not have agreed so easily.
Still, it was $400 million USD.
Even for a giant company like Umicore, this was by no means a small number. Especially because Lu Zhou asked for full payment before the end of the year.
After signing the letter of intent, Grynberg did not even eat dinner. He had to persuade the board of directors as soon as possible. He opened a bottle of champagne with Lu Zhou before he left the hotel to make a phone call.
He promised Lu Zhou that he would fly back to his headquarters in Brussels, Belgium, to persuade the board to sign the patent cooperation agreement before the end of the year.
Grynberg said he would try his best.
After all, for a public company, a hundred million dollar deal was a big deal.
