Analytics 29.10.2015
Ex-owners of Transaero put together 72% of company’s shares to close deal with Aeroflot
Former owners of Transaero air carrier (the Pleshakov family) have put together 72% of the company’s shares for closing the deal with Aeroflot, Transaero’s former CEO Olga Pleshakova wrote in her Twitter microblog. Part of the shares was held in pawn in one of the state banks. Another state bank was to provide another 3% and announced its intention to do so at a meeting on September 1, according to Pleshakova. "On September 1, 2015 in the interests of more than two million passengers, 11,000 employees as well as partners and creditors of the company, the majority shareholders of Transaero agreed to sell their shares, valued at the stock exchange in several billion rubles, for just one ruble as part of the soft consolidation program of the business to the Aeroflot Group. We did our best not to hurt the interests of the people and put together a package of 72% of shares, some of which were held in pawn at a state bank, and missing 3% were expected from another state bank, which voiced this intention at a meeting on 1 September. Moreover, those two state banks initiated the transaction. But the potential buyer did not receive the permission from the Federal Antimonopoly Service (FAS). Unfortunately, no soft consolidation happened after October 1," she wrote.