Volga-Dnepr acquires Air Cargo Germany
Russian cargo group Volga-Dnepr (VI) has completed the acquisition of Frankfurt Hahn-based carrier Air Cargo Germany (6U) for a 49% stake ( ATW Daily News, March 15 ). The value of the deal has not been disclosed but VI senior VP Sergey Shklyanik said the group refinanced 6U’s debts for €15 million...
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