Support The Moscow Times!

Lebedev Ready to Sell

Alexander Lebedev asked the government to resume talks about buying out his stake in Aeroflot, Vedomosti reported, citing a letter from the businessman to Prime Minister Dmitry Medvedev.

Lebedev is ready to sell his 14.5 percent stake in the state-run carrier at about $1.30 a share, the newspaper said. He also wants to sell a 26 percent stake in Ilyushin Finance, an aircraft leasing company, but state-run VEB has declined to buy him out, Vedomosti said.


Read more