The Fiat group's decision to sell its FiatAvio aerospace arm is being delayed as government attempts to engineer a bid involving Italian investors run into rough sledding.

The Fiat group's decision to sell its FiatAvio aerospace arm is being delayed as government attempts to engineer a bid involving Italian investors run into rough sledding. Finmeccanica and Snecma, which have been working on a joint offer at government prodding, appear to be deadlocked over...

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