21 April 2004 00:19
Irkut buys 75% of Yakovlev design bureau
MOSCOW. April 21 (Interfax) - OAO Ikrut Scientific Production Corporation has completed the acquisition of 75.46% of
shares in the Yakovlev design bureau, using funds from a recent share placement - or over $50 million, a source close to
the company told Interfax.
The source said that the Yakovlev shares are already registered as the company's property and the deal itself
will be included in the company's reports for the second quarter.
He also said that at the moment management from Irkut and affiliated structures own controlling shares in the
corporation. [RU EUROPE ASIA EEU EMRG CORA AER MRG STX] rd <>
[Interfax] |
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