US EditionSheremetyevo Buys Domodedovo Airport at Auction After Price Cut to $880M – Reports
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As a result of the second round of the "Perspection" auction, the subsidiary of Sheremetjevo Airport, purchased 100% of the shares in the 100...
Sheremetyevo International Airport subsidiary Perspektiv purchased Domodedovo Airport
Sheremetyevo Buys Domodedovo Airport at Auction After Price Cut to $880M – Reports
Moscow’s Sheremetyevo Airport has come out as the winning bidder for its nationalized rival Domodedovo after the Russian government halved its initial asking price following a failed attempt to auction off the airport, Russian media reported Thursday.
The airport is located on the southern outskirts of Moscow and handled more than 15 million passengers in 2024.
Co-owner of the latter, friend of Putin Rothenberg
The sale of Domedovo won the Sheremetjevo subsidiary structure, which is reported by Vedomis, RBK and Commersant with reference to sources. According to The Bell, the auction took the form of a Dutch auction, when the State lowered the price from the original 132.3 billion rubles until one of the participants agreed to buy the asset at that price. According to RBC, the airport was bought at twice the cost of its start-up price.
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