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Finmeccanica completes 100% acquisition of Selex Sensors and Airborne Systems

Rome, Italy - For a total of around EUR 400 million

Finmeccanica has completed the purchase of the remaining 25% stake in Selex Sensors and Airborne Systems from BAE Systems for a total of around EUR 400 million, with a further payment estimated at around EUR 12 million in the next few months. The total price also includes the profits not yet distributed by Selex S&AS that were due to BAE Systems for the whole period of its ownership of Selex S&AS. The...

AVIONEWS - World Aeronautical Press Agency - 1071855
Rome, Italy, 04/02/2007 15:25
AVIONEWS - World Aeronautical Press Agency

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