Russia launched a tender to select an organiser for the sale of a 23.76% stake in flagship carrier Aeroflot, RBC news outlet reported on Friday, citing the country’s state property agency.
The agency, Rosimushchestvo, said the selected organiser would be responsible for preparing and executing the share sale on behalf of the state, adding that applicants must have experience placing shares on capital markets.
Applications will be accepted from May 22 to June 8.
Aeroflot did not reply to a request for comment outside of business hours in Russia.
Source: Reuters.com