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Lebedev May Sell Aeroflot Stake at $1.30 a Share, Vedomosti Says

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

The businessman 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 aviation-leasing company; state-run VEB has declined to buy him out, Vedomosti said.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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