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Leonardo-Finmeccanica grows in the Space Sector increasing its stake in Avio

Rome, Italy - From ca 14% to ca 28%. The closing of the transaction is expected in the first quarter of 2017

Leonardo-Finmeccanica announces the approval by the Board of Directors of transaction aimed to increase its stake in Avio from the current ca. 14% to ca. 28%. The current majority shareholder, Cinven, will exit Avio shareholding. This transaction will be implemented through a combination between Space2 – a special purpose acquisition company, currently listed on Italian Stock Exchange MIV/SIV segment –...

fra/pec - 1178271
Rome, Italy, 10/20/2016 13:22
AVIONEWS - World Aeronautical Press Agency

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