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Leonardo Increases Stake In Avio

Tony Osborne June 15, 2020
Vega
Credit: Arianespace
Leonardo has increased its stake in Italian space company Avio to just less than 30%. Leonardo purchased another 3.75% of Avio during trading on May 29, the company confirmed on June 15, taking its share in the company to 29.63%. The purchase was valued at €14 million ($15.7 million). Avio is best...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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