The search engine "Aviasales" is up for sale

Сергей Гармаш Economy
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According to information provided by "Kommersant," the owners of "Aviasales" are exploring the possibility of selling their company. Investment banker Ilya Shumov estimates the value of the business at a minimum of $300 million, according to data from two sources in the investment sector.

As reported by sources from the publication, the process is at the initial stage of preparation, and currently, only preliminary discussions are taking place. One of the factors complicating the deal may be the complex ownership structure, the presence of foreign assets, and the high price, notes one of the sources. "Aviasales" commented on the information, stating that "management and shareholders do not have information about intentions to purchase the company from unidentified market participants."

According to one source, among the potential buyers of "Aviasales" could be banks. He noted that a significant number of clients are currently switching to the ecosystems of financial institutions, and ticket distribution requires substantial investments, making the business more attractive to such organizations.
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