Airbus says no plans to make offer for stake in Russian Helicopters

April 17, 2016 12:57 PM

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Airbus says no plans to make offer for stake in Russian Helicopters

PARIS Airbus Group (AIR.PA) has not expressed an intention to take a stake in Russian Helicopters, an Airbus spokesman said on Sunday.

Russian economy minister Alexei Ulyukayev said on Friday that the European aerospace company was interested in the privatization of the state-owned Russian Helicopters for which Russia is looking for a strategic partner.

Also read: Tencent, Alibaba in Group Buying $11.7 Billion Stake in State-Owned Telecom

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