Domodedovo Airport May Be Sold For Hefty $4-5 Billion

Russian media is reporting on negotiations commenced by current owners of Domodedovo Airport — they have intention to sell all 100% of shares for hefty amount of $4-5 billion. Goldman Sachs appears to be the consultant of this deal, while Alfa Group, Renova and Summa Capital has been named as potential buyers.

Actually, the number of buyers who may be interested in this type of asset is much wider. Airport is the main transport hub which connects Moscow, capital of Russia, to the world. The only cornerstone for this deal is the price current owner are asking to pay for their stake. $4-5 billion is the valuation number named by banks who managed IPO attempt of the airport in may this year. The problem is that IPO has failed and now airport owners are trying to sell for the same amount but to a single investor. 

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