Russia’s Third Largest Carrier Sells 10% To Outside Investor

Credit: Airbus/P. Masclet
MOSCOW—S7 Group has sold a 10.05% stake in its largest asset—S7 Airlines—to an external investor. Moscow-based finance broker Evrofinansy-Nedvizhimost paid 533.4 million rubles ($9.3 million) for the shares. Evrofinansy-Nedvizhimost became the first external investor for Novosibirsk-based S7...

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