Russia kick-starts stock-market sale of up to 23.76% in Aeroflot, retaining majority control
Russia’s Federal Agency for State Property Management (Rosimushchestvo) has begun the process to sell up to a 23.76% stake in Aeroflot via a stock-market offering, as part of a wider privatisation and capital-markets programme. Russia will retain majority control while selecting an entity to arrange the sale (applications reportedly due by 8 June).