Leonardo Increases Stake In Avio

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...

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