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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.

(Bloomberg)

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