Reborn Russia as an oligarch

Chapter 262 The Lion's Big Opening

Regarding the arrangement of Yandex, Wang Ye naturally had a plan in advance.

So facing Voloz's question, he said calmly: "After the company is privatized, I will invest a lot of money to continue to expand the company."

Upon hearing Wang Ye's words, Voloz's eyes lit up, and he quickly asked, "So all the employees can be retained? In fact, among the employees who were dismissed a while ago, there are also some very talented employees, but the company bears the burden." Unable to bear the wage pressure, they reluctantly fired them."

Wang Ye smiled and said: "If you find useful employees, you can get them back. By the way, our next acquisition target is MAIL.RU. After the acquisition is completed, we will merge the two companies into one. At that time, the company was the Russian Internet industry, and it was undisputedly number one!"

This time, Voloz became even more interested.

He slapped the conference table and said excitedly: "Yes! If our two companies can really be merged, then there is really no company in Russia that can challenge us."

Obviously, these two companies are originally one of the top giants, and they are also the only two companies listed on NASDAQ among Russian Internet companies.

They are merged together to cover the two core Internet businesses from portal to search. How can other companies play!

It is no exaggeration to say that after the merger, it is equivalent to the birth of an Internet oligarchic company...

Wang Ye continued: "And you will become the technical director of the merged company! And there will be a certain share incentive, and all employees of the company will also have corresponding share incentives. In the future, after the Internet industry recovers, we will go public again .”

This is Wang Ye's plan after acquiring the two companies.

The reason for privatization and delisting is because the current stock market has lost its financing function for the Internet, so it is better to take back all the shares when the stock price plummets.

Then use your own money to develop the company and make the new company a giant in the Russian Internet space!
A few years later, the Internet industry will recover, and if it goes public again, it will not be a matter of a market value of several million dollars, and it may not be able to beat billions of dollars!

Coupled with its strong capital, it can also avoid the dilution of shares as much as possible, so when it goes public again, Polar Bear Investment Company can earn the greatest benefit!

………………

The negotiation process was very smooth, and Voloz agreed to Wang Ye's acquisition request with almost no "resistance".

He can't help it either, if he can't find a financial backer, the company will really sell the building to pay wages...

The current market value of Yandex is only US$400 million. Wang Ye plans to privatize the company at a premium of 600 times, which is US$[-] million. The employees of Polar Bear Investment Company will assist Yandex in initiating the delisting process.

Because it is listed on Nasdaq, the delisting process is also very simple, especially during this time period.

There are a lot of delisted or even closed Internet companies every day, and no one cares about a Russian company at all.

In addition, the premium given by Wang Ye is quite high, so there will be no obstacles.

After the full privatization, 100% of Yandex's shares will be owned by Polar Bear Investment Company.

However, Wang Ye was not stingy either, and planned to take out 15.00% of the shares to establish an equity incentive pool for the company's executives and employees!

Outstanding executives and key employees will receive equal equity incentives, which can be realized when the company goes public next time.

As for whether a large number of millionaires, tens of millions, or even billionaires will be born by then, it depends on the results of everyone's efforts.

In addition, all the existing management and employees of Yandex will be retained, and even the previously dismissed employees will be recalled again.

Once the privatization process is completed, Polar Bear will inject another 5000 million US dollars into Yandex to develop and grow the company!

After the two parties sign the contract, it can be regarded as basically confirming this matter.

There is still a lot of work to do in the follow-up, but that is not something Wang Ye needs to worry about. The company supports so many employees with high salaries, isn't that what they do.

………………

Watching the convoy leave, Voloz turned around with a happy face, opened his arms facing the other executives, and shouted: "We are saved!"

"Ula!"

"Ulla~"

The cheers sounded immediately, everyone hugged each other excitedly, tears filled their eyes...

This feels more exciting than when it first came out!
Don't think it's too exaggerated. To be honest, how long can Yandex last without Wang Ye's acquisition?

Whether it is three months or half a year, no one knows...

Now the company not only keeps it, but everyone doesn't have to cut their salaries.

According to Mr. Mikhail, not only will the company not cut wages, but it will also increase wages appropriately!

Coupled with equity incentives, everyone's future is bright!

This is simply sending charcoal in the snow. It is not an exaggeration to say that everyone's life was saved!
…………

The Yandex company was easily taken down, and the next step is to take down MAIL.RU.

On the second day, Wang Ye and his party came to MAIL.RU company.

But in this company, Wang Ye met a real "rival"!
"Mr. Mikhail, I'm sorry, our company can last for a while now, so we don't want to delist, let alone be fully acquired. Our board of directors has discussed that we only accept the option of share expansion financing, and the company's Valuation must be objective. Well, let’s take the market value of the company when it first went public, $20.00 million, we can issue up to [-]% of the shares, and the minimum is [-]%.”

Milner, the current helm of MAIL.RU, looked at Wang Ye with piercing eyes and said.

Wang Ye frowned, the bald man in front of him was quite difficult to deal with, and he refused without hearing his offer.

What's more, they don't pay attention to oil and salt, and come up with a financing plan for stock expansion, and the company's valuation is extremely outrageous!
Is this a lion opening his mouth when he sees that he is rich?

He is not afraid of having too much appetite, so he is holding on!
Since the other party is "shameless", then Wang Ye is not polite.

He smiled faintly, "Mr. Milner, are you still living in the year 2000? Don't you know the current situation of the global Internet industry?"

Milner did not show any weakness, and immediately retorted: "The Internet industry is indeed in a downturn, but I firmly believe that it will not take long for this industry to pick up, and it will be more brilliant than last year! To be honest, I think the valuation of our company is three The [-] million is too low! Because we have the largest Russian-language portal, the largest number of users, and the highest advertising revenue!"

If these words were said last year, there would be nothing wrong with them.

Because MAIL.RU is indeed the number one Russian Internet company in comprehensive strength.

(End of this chapter)