is capital raising a bad thing?, page-20

This makes as much sense as saying Emperor Hirohito liberated the city of Nanking in 1937.

CF priority has always been to look after the interest of the People's Republic of China (it was tasked to acquire DML).

The money used to acquire the 15% stake is state money. The money that would be used to buy out the rest of the company (at whatever price) is state money. CF is just a "private" front to bypass any takeover objection by regulators as well as fantastic for getting away with murder and not making the PRC look bad (despite all those hundreds of millions of cold hard cash shoved into it's pocket by Beijing).

The last priority of CF is to look after DML's shareholder interest.