Becoming a Russian Oligarch After Rebirth
Chapter 222 Overconfidence_1

Chapter 222: Chapter 222 Overconfidence_1

Wang Ye took the documents for the "Polar Bear Investment Company" and his appointment letter and looked them over carefully.

As expected, on the surface, the Polar Bear Investment Company has no connection to the Yukos Group!

This investment company, though registered in Moscow, its stock rights belong to another company registered in the British Virgin Islands...

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

Many times, it is like this.

All the relevant people know that the acquisition is initiated by Khodorkovsky’s Yukos Group, everyone is aware, but they still choose to "bury their heads in the sand" by registering another offshore company to launch the acquisition.

In the end, even if successful, the news people will see is about a powerful foreign company acquiring Siberian Oil Company, without any connection to the Yukos Group.

From the documents, it can be seen that Polar Bear Investment is extremely financially strong, with a staggering 7 billion US dollars in the company account!

This money should have been earmarked by Khodorkovsky for the acquisition of the Siberian Oil Company.

It really shows off a wealth of extravagance~!

This is the strength of the Russian energy oligarchs, they can directly shell out tens of billions of dollars in cash!

As for how he pulls out all that cash, Wang Ye can’t figure it out, perhaps this is not Khodorkovsky’s money alone...

He glanced over at his appointment letter.

It can be seen that Khodorkovsky really has no intention of losing out on his side.

Given the heavy burden he has placed on himself, he has also been very generous with his remuneration, giving the CEO an annual salary of two million US dollars!

More importantly, they have granted him ample authority.

As long as it will achieve the goal of a successful acquisition, all expenses that are less than one hundred million dollars can be freely allocated by Wang Ye.

As long as the acquisition limit does not exceed 7 billion US dollars, Wang Ye has the power to decide!

In other words, money has been given!

Authority, you also have it!

In the end, you must deliver results...

...

After reading through the materials, Wang Ye was silent for a while, smoking silently.

Ivan sat with him, smoking without saying a word.

After a while, Wang Ye finally asked, "Have you contacted Uncle A Bu’s side, to what extent have you discussed?"

Ivan immediately answered:

"We’ve contacted many times, but usually it’s with people from the Siberian Oil Company, since their headquarters is also in Moscow, it’s convenient to go over.

A Bu is usually in Chukotka, occasionally returning to Moscow.

Now the process is stalled in two places.

One is from a legal perspective, the ownership of Berezov’s shares is not clear, it is unclear whether it still belongs to Berezov, whether it has been frozen by the government, or whether it has been fully authorized to A Bu.

There’s no clear answer to this.

Secondly, as for the 10% of the shares in A Bu’s hands, he hasn’t explicitly said whether he wants to sell it or not.

Or maybe he is not satisfied with the price we have offered."

Wang Ye nodded in agreement, this was in line with what Khodorkovsky had told him the previous night, and it’s problems he could have imagined.

He asked, "How much have you quoted for Uncle A Bu’s shares?"

"We have quoted 1.5 billion US dollars!" Ivan answered succinctly.

Given that Berezov’s 70% shares are quoted at 60 billion dollars, then A Bu’s 10% quoted at 1.5 billion dollars, is obviously a high premium.

Of course, it’s not fair to calculate it this way, as their situations aren’t the same.

Firstly, Berezov is currently exiled abroad and eager to dispose of assets within Russia, so the share valuation would definitely be depressed.

While A Bu is thriving in Russia, to get his shares one must pay a higher price.

Secondly, buying Berezov’s shares would generate a considerable hidden cost!

This expense also needs to be taken into account.

After a moment of silence, Wang Ye said: "Alright, I know about this matter. You guys on the acquisition team continue to work normally and continue to collect data and so on. I will consider this on my end. Once there’s a mature plan, we will go to the headquarters of the Siberian Oil Company together and conclude this matter."

Ivan nodded his understanding, stood up and left Wang Ye’s office.

But in his heart, he found Wang Ye’s words rather amusing.

How could a matter like this be settled just by going there once?

That just couldn’t be possible!

Even with Khodorkovsky personally stepping in for almost half a year, there hasn’t been much substantial progress in this matter.

This kid just took over and said he wanted to finalize it...

This is simply overconfidence!

In terms of Wang Ye’s working ability, Ivan also recognized it. Everyone had seen the rapid development of the New Sun market after it was handed over to Wang Ye.

But managing New Sun Market and acquiring the Siberian Oil Company aren’t on the same level.

Moreover, the athletes facing each other are too different.

The New Sun Group is dealing with people like Maylov, and Khodorkovsky troubles are also resolved. Wang Ye has just dealt with a Russian gang.

But acquiring the Siberian Oil Company huh?

You are dealing with super oligarchs of the old generation like Berezov!

Emerging oligarchs like A Bu!

Even standing behind is the Emperor, a powerful hero!

How could Wang Ye compete with these people...

Actually, concerning the acquisition, Ivan basically gave up, because he saw Khodorkovsky’s motion of handing over the investment company to Wang Ye, and figured out the conclusion.

...

How Ivan thinks, Wang Ye didn’t know, and didn’t bother to find out.

But what he needed to do himself, he naturally knew.

After Ivan left, Wang Ye put on his coat, went straight downstairs, and told Xie Liaosha, "Go to the Wagner Security Base."

The security base wasn’t too far from the New Sun Market, two Mercedes Benz’s, one ahead and one behind, hurried towards the city.

About twenty minutes later, they had already arrived at the outskirts of Moscow.

Moscow is indeed known as a "city in the forest", as you reach the suburbs, there is a dense forest as far as the eye can see on the side of the road, a straight highway extends to the horizon, and there is barely any vehicle on the road.

It is now June, the best season in Russia. The trees by the road are lush and green.

After going a short way down the highway, the car turned into a branch road.

This is still an asphalt road, but it is not a main road, the road has narrowed a lot, and the vehicles are even sparser.

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

On the side of the road, there was a large sign with "Private Area, Do Not Enter!" prominently written in Russian.