Sovcomflot and Aeroflot share sale possible by year end

Aeroflot share sale: Russia’s Federal Agency for State Property Management Rosimushchestvo this week indicated that it might look to sell off shares in Aeroflot and LNG shipping specialists Sovkomlot before the end of the current year. The Agency is hoping to get between $200m and $300m from the sale of 8-9% of Aeroflot shares and is planning to sell 25% minus one share of Sovkomflot and to reduce its stake by a further 25% by 2016. ITAR-TASS