15-Jan-2010 12:33 PM

S7 settles debt with Sberbank, S7 Group now owns 64.4% stake in carrier

S7 reportedly settled its debt with Sberbank, allowing General Manager, Natalia Filev, to regain her 50.01% stake in the carrier (Kommersant.ru, 14-Jan-2010). Following the transaction, Ms Fileva has handed over the stake to the S7 Group, which now owns 64.4% stake in the airline.