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Vitrociset: Leonardo exercises the right of pre-emption

During today's board of directors the decision that blows the agreement with Fincantieri

Today, in the continuation of the board of Leonardo interrupted yesterday without any decision being taken in this regard, the Italian aerospace and defense company led by CEO Alessandro Profumo (owner of 1.46% of Vitrociset) decided to exercise the right of pre-emption and purchase the remaining 98.54% of the electronics and IT systems, for which on 7 August Fincantieri and Mer Mec had signed an acquisition...

M/A - 1214112
Rome, Italy, 09/07/2018 16:16
AVIONEWS - World Aeronautical Press Agency

IndustryPurchase of 100% of Vitrociset completed

Leonardo communicates it today in a note

Subsequent to the press release issued on September 7th, 2018 (see AVIONEWS) Leonardo announced today the closing of the purchase of 98.54% of Vitrociset, after meeting all the required conditions, including... more

IndustryLeonardo flies on the Stock Exchange after the acquisition of Vitrociset

New perspectives on the table with Fincantieri?

A meeting yesterday between the Italian Defense Minister Elisabetta Trenta first with Leonardo's CEO Alessandro Profumo, and later with Fincantieri's president Giampiero Massolo, which served for a confrontation... more

IndustryVitrociset (3). Fincantieri-Mer Mec will not finalize the acquisition of the industry

The confirmation note issued by the company

Reference is made to Fincantieri’s press release of 7 August 2018 (see for details AVIONEWS), which stated that Fincantieri and Mer Mec executed an agreement for the joint and equal acquisition of 98.54% o... more

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