The Russian government will transfer 92.31% of its shares in United Aircraft Corp. (UAC) to Rostec, according to a decree signed by President Vladimir Putin signed Oct. 24. The merger should take 18 months, according to the document. In March 2017, Rostec CEO Sergey Chemezov had said a merger between Russia’s state-owned Rostec and UAC “could probably be appropriate.” According to Chemezov, UAC will buy 60%-70% of components for civil and military aircraft ...

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