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Finmeccanica To Sell Avio Stake To Italian Government
June 01, 2012
GENOA — To reduce its debt and take a step to strategically reposition the company, Finmeccanica has reached an agreement to disinvest its 14% stake in Avio and have an Italian state fund buy it. The transaction coincides with Avio’s planned initial public offering (IPO), which is expected to happen...
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