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GES sold for USD 450 million

Closing for the 2H2022 and is subject to approvals

Leonardo announced today its US subsidiary Leonardo DRS has signed a definitive agreement to sell its Global Enterprise Solutions business (GES) to SES for $ 450 million, gross of taxes, subject to customary working capital adjustments. Closing of the deal is targeted for the second half of 2022 and is subject to customary regulatory approvals, including Hart Scott Rodino and CFIUS in the US. Leonardo...

red/f - 1243167
Rome, Italy, 03/22/2022 13:17
AVIONEWS - World Aeronautical Press Agency

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