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Signed the deal for the selling of FiatAvio, EUR 1,5bn the final price

Milan, Italy - The operation to be concluded by the end of 2003

It has been signed the agreement between Carlyle Group-Finmeccanica and Fiat for the assignment of FiatAvio, which will take shape through an "ad hoc" carrier, Aviation holding, 70 percent owned by the American group, while the remaining 30% belong to Finmeccanica. The operation, that will be concluded by the end of 2003, is subject however to the Antitrust's appraisal; the final price has been of...

AVIONEWS - World Aeronautical Press Agency - 47422
Rome, Italy, 07/02/2003 10:03
AVIONEWS - World Aeronautical Press Agency

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