Chapter 160: Enemies on a narrow road
"Of course your dad had to call, ask how you've been, and hear your voice. I meant to talk about how things were going at school, but you had to drag us onto another subject. Look at you, over at Nanjing University-you're more like a general manager than a student. You're even busier than I am." Su Licheng had called over the weekend, but Su Can had immediately started asking about Big Banyan Construction in Rongcheng buying into Southern Sichuan Airlines, prompting a few complaints from his father. Zeng Ke's laughter came from beside him.
"We'll probably sign the agreement formally next month. The restructuring plan has basically been finalized. Tiannan Airlines is putting in five hundred million yuan for a forty-one percent stake, and Nanfei Airlines is putting in three hundred million for twenty-five percent. Besides that, Shanghai Airlines and Shandong Airlines will each hold ten percent, and a private company in Rongcheng will hold three percent."
Tiannan Airlines was a company established with investment from Darong Construction Group under the leadership of the Rongcheng Municipal Government, with registered capital of seven hundred million yuan.
"Nanfei Group? The airline under Nanning Group?" Su Can frowned at his father's words. Apart from the land reserve battle in Rongcheng over winter break, another major undertaking spearheaded by that group-the competition for a stake in the restructuring of Southern Sichuan Airlines-was also a significant affair. There were faint signs of fierce clashes here too, though it had attracted less attention by comparison. Tao Changping had fallen, and the western faction of the Tao Family's forces had suffered heavy losses, but Su Can had not expected Nanning Group to retain the ability to extend its reach into Southern Sichuan Airlines.
Su Licheng said, "Nanning Group already