Business Services Industry
FiatAvio
Interavia Business & Technology, July-Sept, 2003
The Carlyle Group and Finmeccanica has formerly acquired the aerospace businesses of FiatAvio. The acquisition was carried out through 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 Avio SpA, to which all aerospace businesses of FiatAvio were transferred with effect from July 2003.
The total value of the acquired businesses is approximately 1.5 billion [euro], which will be funded through a combination of debt financing and equity.
COPYRIGHT 2003 Aerospace Media Publishing
COPYRIGHT 2008 Gale, Cengage Learning
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