Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Billionaire Lebedev Sell Off Aeroflot Stake
31.10.2013 22:16
Billionaire Lebedev Sell Off Aeroflot Stake
Photo Credit: http://twitter.com

Russian billionaire Alexander Lebedev has sold the remaining stake in Aeroflot, Russia’s leading airline, 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 in 2013, worth some 2.5 billion roubles, or some $85 million.

      Lebedev did not disclose the price of the deal but mentioned that it totaled several billion.

      Earlier, Russia-IC reported that he was in negotiations with five major investment banks, both domestic and foreign.

      He said he was relieved after 10 years of being bullied and not allowed to take sensible decisions.

      Lebedev did not announce how he was going to spend the cash.

      Former KGB agent who turned into a banker and media mogul has repeatedly claimed he’s been under pressure from the authorities to sell off his business. One of the reasons, according to Lebedev, is his support for the Novaya Gazeta opposition paper.

      His bank was inspected by the Central Bank and searched by the law enforcement agencies, scaring away a large part of the client base.

      He was also embroiled in a criminal case when he punched millionaire and real estate developer Sergey Polonsky during a TV show. 




Author: Mikhail Vesely

Tags: Alexander Lebedev Aeroflot Novaya Gazeta   

Next Previous


You might also find interesting:

The Tax Rate on the Property of Companies will Grow in Moscow
20.12.2018
Video Conferencing will be Used at the Proceedings on Administrative Cases in Russia
03.08.2018
The FIFA World Cup in Russia has Led to a Sharp Increase in Sales in Various Fields of Businesses
31.07.2018
VAT in Russia will be Increased
03.08.2018
Russia has Made up a Schedule for Reducing Oil Production by Months
18.12.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

-8

search on the map
TAGS:
hydrocarbon fuel  Russian tourism  Oktyabrsky  Russian parliament  Erik Bulatov  Chelyabinsk  Nikita Mikhalkov  Archeology  Vladimir  Philately  Skolkovo  Tikhvin  Mercedes-Benz Fashion Week Russia  obituary  Moscow Region  Astronautics Museum in Moscow  Lev Yudin  St. Petersburg  Kola  AIDS  Baikal  Astrakhan  Arctic  Russian Literature  Russian Rock Music  Exhibitions in Moscow  rise in prices  Russian government  Krasnodar Territory  Russian Musicals  Cheboksary  Russian fairy-tales  Moscow  Nikolai Klyuev  Proton  Russian Cinema  Series  Yoshkar Ola  Russian ballet  Far East  Russian business  Voronezh   Russian sports  Toys, Dolls  World City Political Walk Helsinki  Russian customs  Russian history  Fabio Capello  Konstantin Bronzit  Tomsk 


Travel Blogs
Top Traveling Sites