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Today's paper. Last Updated: 02/10/2012

Novaport Plans Purchases

Novaport airport holding is seeking to control six more regional airports, CEO Mikhail Smirnov told RBC Daily.

The company, which holds stakes in six airports, will participate in tenders to buy government stakes in Novosibirsk and Astrakhan airports, where it is already a stakeholder. To finance its new acquisitions, the company is considering issuing debt next year and is currently looking for a strategic partner willing to buy a 25 percent stake.

(MT)




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