Ranzalar Holdings: Difference between revisions

Monata Automotive Company was established in 1929 in Odai, Acronis. The company's name is an Acronian word meaning "to gargo far." The company was family owned by the descendants of Acronian automotive pioneer Lirala Tano Rentrovat until 1990, at which time the family sold the company to an Acronian private equity firm named Nolara Equity Partners for $38 billion SHD. Six years later, Nolara announced that the company had not performed to expectations and that it would be selling Monata to a Tavari car company, Utana, for $28.5 billion SHD, a loss of nearly ten billion dollars. This move was immensely unpopular in Acronis, as the idea of a Tavari company manufacturing cars in Acronis was politically repugnant to most people. While he had never intended to enter the automotive industry, Ranzalar made a counter-offer of $48 billion, twenty billion more than what Utana was offering, an amount Ranzalar knew Utana could not reach. Nolara agreed to sell the company to Ranzalar Holdings.