Bloomberg News

S7 Shareholders to Sell Stake in Russian Airline, Interfax Says

May 22, 2012

S7 group shareholders Vladislav Filev and his wife Natalia are planning to sell their 71.3 percent share in the Russian group’s airline Siberia (AVSI), Interfax reported, citing an unidentified person.

The shareholders made a proposal to Aeroflot and Transaero, and the price range is $300 million to $350 million, the person said according to Interfax. Siberia’s press office denied that shareholders are considering selling the airline, Interfax said.

To contact the reporter on this story: Stepan Kravchenko in Moscow at skravchenko@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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