Dragons’ Den cast blown away by ‘toughest Den negotiation’ | Personal finance | Finance

Brian and Euan McCreath received four offers, but all higher than requested.

Brian thanked the Dragons for their investment, but explained that he came today especially for Deborah and Peter.

He asked Peter if he could reduce his capital to 6% because he wanted to make a deal with him, but Peter said he would drop to 10% if he got his investment back.

Brian explained that he had to protect his position as a shareholder and that he could only afford to give away five percent, if investors were willing to conclude this transaction.

Tej agreed to do the deal and take a 5% stake in the business, but Mr Smillie declined his offer. He also declined Touker’s offer.



Source link

Denial of responsibility! newsnaveen.online is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – admin@newsnaveen.com. The content will be deleted within 24 hours.

Similar Articles

Most Popular