Sheremetyevo will become private

The Federal Property Management Agency received an application from Sheremetyevo Holding to redeem the State Pacete of JSC “Sheremetyevo International Airport”, Vedomosti writes . If the deal takes place, it will become record in the sector, and the largest airport in Russia will be private.

What you need to know about the owners of Sheremetyevo

Sheremetyevo Holding (66.1% of the shares) controls the airport, the Federal Property Management Agency has 30.46%. They have a counter option : the Federal Property Management Agency can at any time present a package for a ransom, private shareholders - to exercise the right to buy.

Sheremetyevo Holding belongs to the Cyprus TPS Avia Holding. In TPS AVIA 65.22%, a trust in the interests of the families of Alexander Ponomarenko (chairman of the board of directors of the airport) and Alexander Skorobotko, the rest is at Arkady Rotenberg. All three co -owners are billionaires of the Russian Forbes list.

The price of the ransom of the Gosdoli is unknown, but the interlocutors of Vedomosti say that it is agreed as an assessment at the time of consolidation of assets plus 35%. However, the price of consolidation is also unknown. The ATONA analyst Mikhail Ganelin estimated the state dwelling at 50–70 billion rubles.

The consolidation of Sheremetyevo assets began in 2015 by decree of the president and ended in May 2017. The company received a control package for the obligation to modernize the airport: build a passenger terminal B, underground tunnels under the flight field, a new cargo terminal and a new fuel-reference complex. Sheremetyevo Holding fulfilled in 2017-2018, spending about $ 750 million.

What's next

If the transaction takes place according to the above assessment, it will significantly surpass the previous record - the sale of 50% of the management company of St. Petersburg Pulkovo in 2016 (about 500 million euros).

For the redemption of the State Pacete, private shareholders can sell their own 30% and are already negotiating with potential buyers. The asset may be interesting to them: Sheremetyevo is growing rapidly and is not just the largest airport in Russia with 50 million passengers a year, but also the eighth in Europe - at the level of Barcelona, ​​Istanbul and Munich. Ponomarenko saw as investors a German holding Fratort or Singapore Changi.

Private is already the second airport of Russia - Domodedovo. He belongs to Dmitry Mason.