Finmeccanica to buy GKN's AgustaWestland shares

Finmeccanica, Italy's largest defense compnay, plans to buy GKN's 50 percent stake in their joint helicopter venture, AgustaWestland, the company said May 26. The company would buy United Kingdom-based GKN's stake for 1.06 billion pounds ($1.9 billion), although that is contingent on the U.K...

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