Reborn Russia as an oligarch

Chapter 592 Russian Automobile Group
It is naturally impossible to be fooled.

Although Wang Ye didn't care too much about this acquisition, it was only because someone cared about him.

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

I don't know how many times I have gone through all the details and terms, so it can be said that it is foolproof, only the final signing and payment!
The signing ceremony was naturally held at the Ford headquarters, and Kajia was still asked to lead the team there, but Wang Ye did not go.

For the United States, he is now a shadow.

I went there last time, and that incident happened. Although it was time to take revenge, it still made Wang Ye feel a little uncomfortable.

Anyway, don't go if you can't go, and he doesn't have anything to go.

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

In terms of business, Wang Ye's current practice is to hide behind the scenes and control it, and try to show it as little as possible.

…………

On November 11, a piece of news was reported on major media outlets around the world.

That is, a certain mysterious capital from Russia bought the three major brands of the Ford Group in one fell swoop, Volvo, Land Rover, and Jaguar!
The transaction amount is as high as 42 billion US dollars!

Originally, the Ford Group was selling off its sub-brands. This is something that many people know, and many car companies are in contact with the Ford Group, hoping to find out what is missing.

But I never expected that someone would act so quickly and spend so much cash in one package to buy three brands!
And those car companies who want to drag down the price will regret it.

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

The reason why it is said to be a mysterious capital is because this company that has acquired three brands is a little-known new company, and it was even incorporated 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 Alexei used to stay in. The full name of that company is "Gazprom".

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

Of course, this is the company that Wang Yegang incorporated and intends to use to acquire and operate the three car brands.

The establishment of his company and the acquisition of the three major brands did not cost him a penny!

According to what he negotiated with Alexei, Wang Ye first registered the Russian Automobile Group without injecting funds, and it was basically a leather bag company.

Then, in the name of the Russian Automobile Group, a corporate bond of US$50 billion was issued in a bank controlled by Khovchenko.

And Alexie ordered the financial staff of the Ministry to buy out all the 50 billion US dollars in corporate bonds.

Of course, except for the Ministry of Energy who will buy it, no one else will take advantage of it...

In this way, the Russian Automobile Group has a total of 50 billion U.S. dollars in funds, and spent 42 billion to acquire the three sub-brands of the Ford Group.

There are [-] million US dollars in cash left!

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

It is tantamount to exploiting a loophole in the regulations.

If someone really uses this to make a fuss, it depends on whether Wang Ye can withstand the pressure, and if he can withstand it, then there will be no problems.

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

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

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

It's a pity that until the funds are in place, the brand has been acquired, and there is no movement.

It seems that all parties have acquiesced that there is no problem with Wang Ye's operation, which makes Wang Ye feel a little boring.

…………

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

Like other companies, Wang Ye still won’t manage the company himself. Originally, the three brand companies all had their own management teams, and they basically stayed on after being acquired.

The design and marketing departments are still in the original place, but the production, he plans to slowly transfer to Russia.

Otherwise, this acquisition will not achieve its due significance.

In the automobile industry, his goal is not to make money, but to drive the overall development of Russian industry!

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

This is billions of dollars. If you buy oil fields, gas fields, gold mines, etc., it will not make more money than making cars!
Why Ford sold so many sub-brands is not only because of its own company, but because the entire auto industry is not in a good mood.

Otherwise, it would not be Wang Ye's turn to "find the leak" for these brands.

The price of 42 billion U.S. dollars does not seem low.

But you know, the three car companies that were acquired!

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 in his acquisition process, but no one jumped out to make trouble.

"Is that how you bought it? Will Jaguar Land Rover Volvo be our brand in the future?"

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

Rosiana asked in disbelief.

Although she participated in the whole process, including Wang Ye's fundraising, she also followed.

But too fast!
In the blink of an eye, several world-renowned car brands have already been acquired by Wang Ye!
Her family is also in business, and it's quite big, and it's not like there have been similar acquisitions.

But, when will a big acquisition of billions of dollars be so easy...

It feels like these billions of dollars are not considered money in the eyes of Wang Ye!
"Hehe, yes, I want to support our own company in the future. Let's change your Ferrari. I can give you a friendly price. Volvo, Jaguar and Land Rover can choose whatever you want." 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: "It doesn't matter, but I can buy a new car, then Land Rover. I always feel that the big Land Rover is still very powerful, People who don’t know think I’m the eldest sister, hehe.”

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

Then I have to support a wave first, otherwise, if I even drive a car of another brand, why should others support me?
Why don't you replace all your teams first...

(End of this chapter)