Regional Airports Holding buys 17.28% stake in Koltsovo Airport from Sverdlovsk Region

15 January 2016 (09:20)

January 15, 2016. Regional Airports Holding (a part of Renova Group) bought a 17.28% shareholding in Koltsovo International Airport from Sverdlovsk Region Government, thus becoming the owner of 87.04% of the airport’s shares.

The transaction’s cost is reported to come to 1.259bn RUR.

The controlling shareholding went to Regional Airports Management Company in early 2015; the 17.5% stake was sold for the opening bid of 1.259bn RUR. No other potential bidders had applied for the auction.

Other materials on the topic::