Aeroflot Plans 10% Sale to Establish Value for Privatization
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OAO Aeroflot aims to sell as much as 10 percent of its stock next year in a push to boost the volume traded on the Moscow exchange and establish a value for Russia’s largest airline ahead of a planned privatization.
Aeroflot could sell treasury shares and others owned by state holding company Rostec, Chief Executive Officer Vitaly Savelyev said in an interview. It may also issue new stock, diluting the government stake to 50 percent plus one share from