EC Approves FiatAvio Sale To Finmeccanica, Carlyle Group
The European Commission authorized the acquisition of aircraft engine component manufacturer Avio (formerly FiatAvio) by the Italian conglomerate Finmeccanica and the U.S. private investment group Carlyle. Carlyle will hold 70% of Avio's share capital and Finmeccanica the remaining 30%. The European...
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