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Cinven To Sell Avio To Leonardo, Space2
October 21, 2016
LONDON—Private equity firm Cinven will sell Italian space launcher and propulsion company Avio Space Propulsion to Leonardo-Finmeccanica and Space2, the group announced Oct. 20. The sale’s total value has not been disclosed, but Leonardo said its share of the purchase cost €43 million ($47 million)...
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