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Finmeccanica and the Carlyle Group finalise agreement on Avio

Rome, Italy - Avio SpA designs, develops and manufactures aircraft engine components

"Avio Holding SpA (owned 70% by the Carlyle Group and 30% by Finmeccanica) and Fiat SpA have finalised the agreement for the acquisition of Avio SpA, under the terms and conditions decided on 1 July 2003 when the contract was first signed. Finmeccanica will pay EUR 142.5 million for its share of the assets. Avio SpA designs, develops and manufactures aircraft engine components, power transmission...

fra/pec - 53164
Rome, Italy, 10/02/2003 11:16
AVIONEWS - World Aeronautical Press Agency

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