Russia’s United Aircraft Corp. to sell IFC shares

Russia’s United Aircraft Corp. (UAC) has received government approval to sell 48.4% of its shares in Ilyushin Finance Co. (IFC) to VEB bank. UAC holds 49.64% of shares in IFC, according to the company. In 2007, IFC became part of UAC after the government transferred its leasing company shares to UAC...

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