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Finmeccanica about GE-Avio transaction: it is subject to regulatory and governmental approvals

Rome, Italy - About EUR 260 million

Finmeccanica announces that the company Avio SpA, 100% controlled by BCV Investments SCA (“BCV”), which is 14.3% owned by Finmeccanica, has sold to GE the activities related to its aircraft engine division. The transaction is subject to regulatory and governmental approvals. At transaction closing, Finmeccanica will receive approximately 260 million euro, which will be used to reduce Group ind...

fra/pec - 1148515
Rome, Italy, 12/21/2012 12:56
AVIONEWS - World Aeronautical Press Agency

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