07.07.2014 - 17:02 [ ITAR-TASS ]

Deutsche Bank appointed agent to sell state stake in Sheremetyevo airport

“Under the government resolution of July 2, 2014, Deutsche Bank is the sole contractor for the state order to organize and sell on behalf of the Russian Federation federally-owned ordinary registered shares of Sheremetyevo international airport in the amount of up to 83.04% of its equity capital,” Rosimushchestvo said in a statement.

Russia’s Economic Development recommended Deutsche Bank in May as an agent for the Sheremetyevo airport’s privatization. The bank submitted a bid with the smallest fee for its services.