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Turbomeca to acquire a relevant stake in Denel Airmotive

South Africa - Is a subsidiary of SouthAfrican Denel

Turbomeca, the South African Department of Public Enterprises, Denel and the French Minister of Equipment, Transport and Housing announce the signing of Heads of Agreement in preparation for Turbomeca acquiring a majority equity holding in a company to be formed from Denel Airmotive, a division of the South African state-owned Denel (Pty) Limited. This new company will be named "Turbomeca Africa"....

AVIONEWS - World Aeronautical Press Agency - 24183

AVIONEWS - World Aeronautical Press Agency
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