Mubadala Gains Full Control of Piaggio

Credit: Piaggio
Mubadala Development Company, an investment vehicle wholly owned by the government of Abu Dhabi, has purchased the minority (1.95%) share in Piaggio Aerospace formerly held by Piero Ferrari. T he Italian planemaker is now its 100% controlled by Mubadala. Carlo Logli, Piaggio’s CEO, said, move...

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