Bloomberg News

Summa Is Only Bidder for Moscow’s Domodedovo, Vedomosti Says

March 02, 2012

Summa Group, a Russian asset management company and port operator owned by Ziyavudin Magomedov, is the only bidder for Domodedovo Airport, the largest in the country, Vedomosti reported today, citing people it didn’t identify.

Goldman Sachs Group Inc. (GS), which was hired by airport owner for the tender, stopped accepting bids yesterday, the Moscow- based newspaper said.

Investors who had expressed interest in Domodedovo, including billionaires Victor Vekselberg, Mikhail Fridman and Alisher Usmanov, didn’t submit bids, Vedomosti said.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

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


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