Aeroflot selling duty-free asset

According to Kommersant, Aeroflot is close to the sale of 66.7 per cent of the leading player on the duty-free market Aerofirst, potentially to duty-free operator Arial for over USD 38.7 million.

It may have to compete for the asset with the Germany firm Gebr. Heinemann, which has already secured the support of the Federal Antimonopoly Service.

The sale would appear to be related to the programme launched by the government in the summer aimed to make Aeroflot dispose of non-core assets.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: