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FiatAvio selling is virtually ended

Tourin, Italy - The agreement for a figure slightly lower than requested from Fiat

According to reliable sources it is going to be concluded without dramatic turn of events the cession of FiatAvio to the Italian-American alliance formed by Finmeccanica and The Caryle Group; the only important annotation is probably the selling price (EUR 1,5bn), slightly lower than initially proposed from Fiat (EUR 1,6). While the American trust will acquire 70%, Finmeccanica (controlled by the...

AVIONEWS - World Aeronautical Press Agency - 47415
Rome, Italy, 07/01/2003 18:14
AVIONEWS - World Aeronautical Press Agency

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