Igor Kolomoisky, a multi-billionaire with roots in Ukraine’s lucrative industry and energy sectors, took a major step towards forming a new European airline on Friday.
Shareholders of Climber Sterling, the financially troubled Danish airline, approved a share issue that will bring Kolomoisky in as a strategic investor with a majority stake. Kolomoisky is believed to have paid just over $30m for majority control over the debt-laden airline. Read the full story here.
