Thursday 13 June 2013

Lebedev Mulls Sale of Aeroflot Stake | Business | The Moscow Times

"Billionaire Alexander Lebedev has been in talks with investors about selling his 4.5 percent stake in flagship carrier Aeroflot, the tycoon was quoted as saying on Thursday by Vedomosti.

Lebedev, an outspoken entrepreneur with media assets in Russia and Britain, said last year that he may sell his Russian assets after coming under Kremlin pressure and being charged over his part in a fracas on a TV talk show.

The 53-year-old backer of British newspapers The Independent and The Evening Standard has been reducing his holding in Aeroflot, decreasing his stake to 12.5 percent as of late last year from more than 25 percent earlier, the paper said."

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