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Firefly's Ukrainian owner sells entire stake after US govt pressure
short by Aishwarya Awasthi / on Friday, 25 February, 2022
Aerospace company Firefly Aerospace's Ukrainian Co-founder Max Polyakov has sold his entire stake in the firm following pressure from the US government over security concerns. Private equity firm AE Industrial Partners revealed a deal "to acquire a significant stake in Firefly" from Polyakov's Noosphere Venture Partners. Polyakov had earlier said that his ownership posed no security threats.
read more at BloombergQuint