21-Mar-2011 3:36 PM

Russian Technologies to take up to 2.5% share in Aeroflot

Analysis

Russian Deputy Transportation Minister, Valery Okulov, announced Russian Technologies Corp will take a 2 to 2.5% share in Aeroflot, in exchange for its Rosavia airline assets. The minister described the valuation of the assets as "fair". Shares in Aeroflot finished 2.2% lower on Friday.

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Russian Technologies to take up to 2.5% share in Aeroflot

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