Kaja was leading the acquisition team on her end, and Wang Ye was not idle on his end.
On April 3rd, the Russian Gas Industry Group held a board meeting, and after a voting decision by all shareholder representatives, an official stock reform plan was confirmed.
The group's original largest shareholder, the State-Owned Assets, transferred 30% of its shares to a local investment company in Russia, an investment company from the United States, and an oil company from an Asian country.
The company's value is estimated at forty billion US dollars.
Just the transfer of this 30% of the shares allowed the State-Owned Assets to recoup one hundred and twenty billion US dollars in cash!
After the stock restructuring, the new shareholder structure of the Russian Gas Industry Group is as follows:
The State-Owned Assets hold 40% of the shares and are still the largest shareholder, but no longer hold absolute control.
