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Memorandum of Understanding between Finmeccanica and GKN in order to purchase AgustaWestland

Rome, Italy – An agreement of EUR 1,5bn aimed to make Italian industry in this sector more competitive in the world

Finmeccanica and GKN have signed a Memorandum of Understanding today aimed to carry on during the year negotiation for selling British company’s 50% share of AgustaWestland to the Italian group. The value of such agreement would consist of about EUR 1,5bn. This purchase, Finmeccanica’s CEO and President Pierfrancesco Guarguaglini underlined, will be possible by a long-term borrowing and by relying upo...

AVIONEWS - World Aeronautical Press Agency - 63767
Rome, Italy, 05/26/2004 17:46
AVIONEWS - World Aeronautical Press Agency

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