Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

Central Bank Gets Aeroflot Stake

The Central Bank has acquired nearly 12 percent of Aeroflot’s shares, the airline said Wednesday.

Two units of billionaire Alexander Lebedev’s National Reserve Corporation decreased their stake a cumulative 20.83 percent to 3.13 percent, while his National Reserve Bank boosted its stake from 0.85 percent to 8.1 percent.

National Reserve Corporation still controls about 30 percent of the airline directly.