Reborn Russia As An Oligarch

Chapter 223 Overconfidence

Wang Ye took the information about the "Polar Bear Investment Company" and his letter of appointment and read it carefully.

As expected, this Polar Bear Investment Company has nothing to do with the Yukos Group on the surface!

Although this investment company is registered in Moscow, its equity belongs to another offshore company registered in the British Virgin Islands...

As for who is the boss behind that offshore company, there is no need to ask.

This kind of thing happens many times.

All relevant people knew that this acquisition was initiated by Hovchenko's Yukos Group, and everyone knew it well, but they had to "cover their ears and steal the bell" by registering an offshore company to carry out the acquisition.

Even if it succeeds in the end, the news that ordinary people will see is that a powerful foreign-funded company acquired the Sibneft Company and has nothing to do with the Yukos Group.

It can be seen from the data that Polar Bear Investment has extremely strong financial resources, with a huge amount of US$7 billion in the company's account!

This money should have been prepared by Hovchenko for the acquisition of Sibneft.

Highlights a wealthy person~!

This is the strength of the Russian energy oligarchs. Billions of dollars in cash can be withdrawn directly!

As for how he came up with so much cash, Wang Ye couldn't figure it out. Maybe it wasn't Hovchenko's money alone...

Wang Ye glanced at his appointment letter hastily.

It can be seen that Hovchenko does not mean to treat him badly.

For allowing myself to take on such a heavy responsibility, the salary is considered adequate. The general manager’s annual salary is two million US dollars!

What's more important is giving yourself enough authority.

As long as it is to achieve the goal of successful acquisition, Wang Ye can freely spend all activity funds less than 100 million US dollars.

As long as the upper limit of acquisition funds does not exceed US$7 billion, Wang Ye can make his own decisions!

In other words, enough money is given!

The right is given to you too!

In the end, you have to let the results speak...

…………

After reading the information, Wang Ye was silent for a long time, smoking silently.

Ivan also accompanied him, smoking in silence.

After a long while, Wang Ye finally asked: "Have you had any contact with Uncle Abu, and to what extent?"

Ivan immediately replied:

“I’ve been in contact many times, but usually I talk to people from Sibneft. After all, their headquarters is also in Moscow, so it’s very convenient to get there.

Abu usually stays in Chukotka, and occasionally returns to Moscow.

Now the process is stuck in two places.

First, from a legal perspective, there is no clear ownership of Berezov’s shares. It is unclear whether they are still owned by Berezov, frozen by the government, or fully entrusted to Abramovich.

There is no clear statement on this.

Secondly, he did not say clearly whether he wanted to transfer the 10% of the shares held by Abu.

Or maybe you are not satisfied with the price we offered. "

Wang Ye nodded. This was no different from what Hovchenko told him last night. It was also a question he could think of.

He asked: "What is your current quotation for the shares held by Uncle Abu?"

"The offer is US$1.5 billion!" Ivan replied simply.

According to Berezov's 70% quotation of US$6 billion, Abramovich's 10% quotation is US$1.5 billion, which obviously represents a quite high premium.

Of course, it can't be calculated like this, after all, the situations on both sides are not the same.

First of all, Berezov is in exile abroad and is eager to sell off assets in Russia, so the valuation of his shares will definitely be suppressed.

And Abramovich is very popular in Russia. If you want to get his shares, you will definitely have to pay a higher price.

Secondly, acquiring Berezov’s shares will incur considerable hidden costs!

This cost must also be included in the calculation.

After another silence for a while, Wang Ye said: "Okay, I understand this. Your acquisition team is working normally and continues to collect information. I will consider it here. When we have a mature plan, we will go to Siberia together. Let’s go to the oil company headquarters to finalize this matter.”

Ivan nodded to express his understanding, stood up and left Wang Ye's office.

But in his heart, what Wang Ye said felt a bit ridiculous.

This kind of thing can be finalized just once?

How is that possible!

Even after Hovchenko personally followed up for less than half a year, there has been no substantial progress in this matter.

As soon as this guy took over, he said he wanted to finalize...

It’s simply too much confidence!

Ivan also recognized Wang Ye's work ability. After New Sun Group was handed over to Wang Ye, everyone saw its rapid development momentum.

But managing the New Sun market is completely different from the acquisition of Sibneft.

Moreover, the opponents faced by these two things are too far apart.

Who are the people the New Sun Group is facing here? Mayilov's troubles were all solved by Hovchenko, and Wang Ye just dealt with a black-haired gang.

But what about the Sibneft acquisition?

What he is facing is an older generation of super oligarchs like Berezov!

Emerging oligarchs like Abu!

There was even a powerful figure like the Emperor standing behind him!

What can Wang Ye do to compete with these people...

In fact, Ivan has basically given up on the acquisition, because he saw Hovchenko's move to hand over the investment company to Wang Ye and came to the conclusion after analysis.

…………

Wang Ye didn't know what Ivan thought and didn't bother to care.

But he naturally knew what he needed to do.

After Ivan went out, Wang Ye put on his coat, went directly downstairs, and told Seryosha: "Go to the Wagner Security Base."

The security base was not too far from the New Sun Market, and two big Gs were speeding toward the outskirts of the city, one behind the other.

About twenty minutes later, we arrived at the outskirts of Moscow.

Moscow is indeed known as the "city in the deep forest". Once you reach the suburbs, you will see endless dense forests on the roadside. A straight road stretches towards the distant skyline. There are not many cars on the road.

It is June now, the season with the best climate in Russia. The trees on the roadside are lush and leafy.

Not long after walking along the road, the car turned into a fork in the road.

This is still an asphalt road, but it is not a main road. The road is much narrower and there are fewer and fewer vehicles.

After walking for a few minutes, the car went off the road and turned onto a dirt road.

There is a big sign on the roadside, which clearly says in Russian "Private area, enter with caution!" 》

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