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Aircraft and finance. General Electric: Avio acquisition is imminent

Pomigliano, Italy - European Commission is satisfied with the committments of the US' company

The acquisition of Avio by General Electric is imminent, following the approval of the European Commission which authorized the 4.3-billion-dollar operation which will carry the aviation business of the Italian company into the orbit of the US' giant. Brussels had concerns that the transaction, as originally notified, would have enabled GE to obtain significant influence in the Eurojet consortium...

AVIONEWS - World Aeronautical Press Agency - 1154281

AVIONEWS - World Aeronautical Press Agency
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