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Lebedev To Sell Aeroflot Stake
14.06.2013 10:18
Lebedev To Sell Aeroflot Stake
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Russian billionaire Alexander Lebedev is mulling the sale of his stake in the leading national airline, Aeroflot, says Vedomosti daily.

      What used to be a blocking interest several years ago shrunk to 12.5 percent in 2012 and further down to 4.5 percent today, worth some 2.5 billion roubles, or some $85 million.

      Lebedev is currently in negotiations with five major investment banks, both domestic and foreign, says Vedomosti. 

Author: Mikhail Vesely

Tags: Alexander Lebedev Aeroflot Russian airlines   

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