May 30, 2013, 17:07 / Business

Blocking stake in Siberia will go to Filev

The highest price for 25.5% of the airline was offered by the C7 group – 1.13 billion rubles. Ekaterina Sobol

A. Makhonin / Vedomosti

Alfa Bank , the state agent for the sale of a 25.5% stake in Siberia, summed up the results of submitting improved offers. The bank received four applications from potential investors expressing interest in participating in the tender, but in the end it received two offers, and the maximum price was offered by the S7 group of companies - 1.13 billion rubles. This is not much higher than the starting price of 1.1 billion rubles.

If the price does not suit the officials, they can transfer the package to Aeroflot and Rostec for management, said a source close to one of the government agencies, and subsequently Sibir can be consolidated with Aeroflot.

Alfa-Bank does not specify in its message what amount was offered by the consortium of Eurofinance-Real Estate LLC and Fund Strategic Initiatives LLC. A bank representative could not yet be reached for comment.

The representative of Sibir only confirmed that the tender took place. The buyer, price and other essential terms of sale must be approved by the government. According to the procedure, his order, which will approve the results of the competition and according to which the S7 group will become the sole owner of Siberia OJSC, must go through the office of First Deputy Prime Minister Igor Shuvalov, says a source close to the air carrier, adding that the period for preparing the document is 45 days. A representative of Shuvalov's secretariat found it difficult to comment on this.

If the tender was conducted without violations, there can be no grounds for canceling its results, said Anton Panchenkov, head of the corporate practice group at Goltsblat BLP. It is possible to find violations, co-owner of Sibir Natalia Fileva told Vedomosti: for example, until recently they were not provided with an assessment of Sibir. Lack of assessment may become a reason for canceling the results of the competition, confirms Panchenkov.