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New Piaggio Aero shareholder underpins future growth Mubadala Development takes stake in leading Italian aerospace company

Genoa, Italy - Acquiring the 35% of the capital of the Italian industry

"Piaggio Aero Industries SpA, one of the world’s leading aerospace companies, today announced that Mubadala Development, a principal investment company wholly owned by the Government of Abu Dhabi, has acquired 35% of the equity of Piaggio Aero. The transaction is founded on a shared belief by the two parties that the business aviation segment will continue to expand significantly over the foreseeable f...

fra/pec - 139433
Rome, Italy, 04/19/2006 16:56
AVIONEWS - World Aeronautical Press Agency

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