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Article: The Carlyle Group and Finmeccanica -- Agreement for the acquisition of FiatAvio's aerospace business.
- Article from:
- M2 Presswire
- Article date:
- July 2, 2003
CopyrightCOPYRIGHT 2003 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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M2 PRESSWIRE-2 July 2003-Carlyle Group: The Carlyle Group and Finmeccanica -- Agreement for the acquisition of FiatAvio's aerospace business(C)1994-2003 M2 COMMUNICATIONS LTD
RDATE:07022003
Milan -- The Carlyle Group and Finmeccanica have signed an agreement for the acquisition from Fiat Group of the aerospace businesses of FiatAvio SpA, the leading Italian manufacturer of aircraft and naval engines and a leader in space propulsion.
The acquisition will be carried out through a special purpose vehicle, Avio Holding SpA, which will be 70% owned by The Carlyle Group and 30% by Finmeccanica. Avio Holding will purchase the entire share capital of ...