The NRB group and Millhouse Capital completed a deal of selling over 26 percent of the shares of Aeroflot Russian Airlines, NRB's public relations department reported. The purchaser's consultant was Troika Dialog. The sum of the deal was not posted.
In the opinion of NRB's representatives, the deal will contribute to a dynamic development of Aeroflot and accelerated the reforms and restoration of Russian aircraft construction, as well as to more efficient interaction among shareholders for the benefit of the company, an increase in its competitiveness and transparency, the decline of costs and growth of profitability.
Additionally, NRB is hoping for the development of collaboration between Russian aircraft producers and airline carriers.
Chairman of the Millhouse Capital's Board of Directors Yevgeny Shvidler pointed out that the company "considers the work, done by private investors in Aeroflot, very important". According to him, Millhouse's strategy is aimed at acquiring undervalued assets and considerably increasing their value by pursuing a clear corporate policy. "High interest in the stake in Aeroflot and the sum of the deal are the result of this work," Shvidler pointed out.
The co-author of this disaster is the Dutch government, which did not find either strength or desire to save the lives of its citizens who were flying on that plane. The Dutch authorities did not demand Ukraine to comply with international aviation regulations
On the second day of the St. Petersburg International Economic Forum, a plenary meeting was held, in which Russian President Vladimir Putin, French President Emmanuel Macron, Japanese Prime Minister Shinzo Abe, Chinese Vice President Wang Qishan and IMF head Christine Lagarde took part