Reborn Russia As An Oligarch

Naturally, it is impossible to be fooled.

Although Wang Ye was not too concerned about this acquisition, that was only because someone was concerned about him.

Katya, as well as the acquisition team formed by Polar Bear Investment, have been fighting for this for several months.

All the detailed terms have been reviewed over and over again no matter how many times, so it can be said to be foolproof, except for the final signing and payment!

The signing ceremony was naturally held at the Ford headquarters. Katja was still asked to lead the team there, but Wang Ye did not go.

As for the United States, he now has a shadow.

The last time I went there, what happened happened. Although I got my revenge, it still made Wang Ye feel a little uncomfortable.

Anyway, he shouldn't go if he can't. There's nothing he has to go through.

Moreover, this kind of business merger and acquisition is not very suitable for him in his current status.

In terms of business, Wang Ye's current approach is to control things behind the scenes and to appear as little as possible in the open.

…………

On November 8, a piece of news was reported in major media outlets around the world.

That is a certain mysterious capital from Russia, which acquired three major brands of the Ford Group, Volvo, Land Rover, and Jaguar in one fell swoop!

The transaction amount reached US$4.2 billion!

Originally, the Ford Group was selling off its sub-brands. This was something that many people knew about. Many car companies were also in contact and communicating with the Ford Group, hoping to find something missing.

But I never expected that someone would act so quickly and spend so much cash at once to buy three brands in one package!

And those car companies that want to delay and lower prices will regret it.

As the domestic media in Russia, they naturally promoted the news with great fanfare, and almost all TV stations broadcast it during prime time.

The reason why it is said to be a mysterious capital is because the company that acquired three brands is an unknown new company, and it was even registered just before the acquisition!

The name is "Russian Automobile Industry Group", referred to as "Russian Automobile"...

Oh, this is not the same as the "Gazprom" that Alexey worked for before. The full name of that company is "Gazprom".

Dare to start with the name of a country, which naturally shows that the background of this company is not simple.

Of course, this is what Wang Yegang registered and planned to use to acquire the companies that operate those three car brands.

He established the company and acquired three major brands without spending a penny of his own money!

According to the negotiation between him and Alexey, Wang Ye first registered the Russian Automobile Group without injecting capital. It was basically a leather company.

Then, in the name of Gazprom, US$5 billion in corporate bonds were issued in banks controlled by Hovchenko.

And Alexei instructed the financial personnel of the ministry to buy out all the US$5 billion in corporate bonds.

Of course, apart from the Ministry of Energy, there is no one else to take advantage of it...

After all this, Gazprom Group had a total of 5 billion U.S. dollars in funds, and spent 4.2 billion to acquire three sub-brands of the Ford Group.

I still have $800 million in cash on hand!

Strictly speaking, although this entire process is legal and compliant, it is still problematic.

It is tantamount to exploiting a loophole in the regulations.

If someone really makes a fuss about this, it depends on whether Wang Ye can withstand the pressure. If he can withstand it, then there won't be any problems.

If it can't handle it, the Ministry of Energy may not be a big problem, but the Wangye group company will definitely be doomed.

In fact, this is what Wang Ye did on purpose.

He wanted to see if anyone would jump out and accuse him.

Unfortunately, until the funds were in place and the brands were acquired, nothing happened.

It seems that all parties have acquiesced in Wang Ye's operation, which makes Wang Ye feel a little bored.

…………

After completing the acquisition of the car brand, Wang Ye gained another title, that is, "Chairman of Russian Automobile Group".

Like other companies, Wang Ye still will not manage the company personally. Originally, the three brand companies had their own management teams, and they basically stayed on after the acquisition.

The design and marketing departments are still in their original locations, but production is slowly moving to Russia.

Otherwise, this acquisition will not achieve its due significance.

His goal in engaging in the automobile industry is not to make money, but to promote the overall development of the Russian industry!

Many people know this, because if they really want to make money, there are more industries worth investing in.

With these billions of dollars, if we go to acquire oil fields, natural gas fields, gold mines, etc., it won’t be as profitable as building a car!

Why Ford wants to sell off so many sub-brands is not just because it is a company, but because the entire automobile industry is not doing well.

Otherwise, it would not be Wang Ye's turn to "pick up the slack" for these brands.

The price of US$4.2 billion does not seem low.

But you must know that the acquisitions were from three automobile companies!

And they are all well-known brands in the industry, especially Land Rover and Volvo, which are definitely high-quality assets.

Maybe this is why there were some minor problems during his acquisition, but no one jumped out to cause trouble.

"Just bought it? Will Jaguar Land Rover and Volvo be our brand in the future?"

In the office, Wang Ye and Rosiana were looking at the final acquisition contract.

Rosiana asked a little disbelievingly.

Although she was involved in the whole process, including when Wang Ye went to raise funds, she also followed.

But it’s too fast!

It feels like in the blink of an eye, several world-renowned car brands have been acquired by Wang Ye!

Her family is also in business, and it is quite big. It is not like there have been similar acquisitions.

But, when will a multi-billion dollar acquisition become so enjoyable...

It feels like these billions of dollars are not money in Wang Ye’s eyes!

"Haha, that's right. If you want to support our own company in the future, exchange your Ferrari for a friendly price. You can choose from Volvo, Jaguar and Land Rover." Wang Ye joked.

Of course, these brands cannot compare with Ferrari...

But Rosiana really took it seriously. She thought about it and said with a smile: "No need to replace it, but I can buy a new car, then Land Rover. I have always felt that the big Land Rover is still very impressive when driving. People who don’t know think I’m the eldest sister, hehe.”

Wang Ye's heart moved, yes, these brands are his own now.

Then you must support yourself first. Otherwise, if you drive a car of another brand, why should others support you?

It's better to replace all your fleet first...