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Ansaldo’s sale: the Chinese make binding offer, the Japanese might withdraw

Rome, Italy - Insigma-Xhinzu offered more than 1.5 billion Euros and a relevant investment plan; Hitachi might have been discouraged by unprofitable AnsaldoBreda contracts

The Chinese joint-venture made by United Mechanical & Electrical of the Insigma Group and Xinzhu Corporation appears to have made a binding offer to buy Finmeccanica’s railway companies. Journalist Gianni Dragoni reported the news today on “Il Sole 24 Ore”. UBS and Mediobanca, the Italian aerospace Group advisors for the operation, had fixed the deadline for yesterday at 5:00 pm. It seems that Hitac...

AVIONEWS - World Aeronautical Press Agency - 1164951
Rome, Italy, 12/16/2014 14:54
AVIONEWS - World Aeronautical Press Agency

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