US industry giant General Electric on verge of purchasing Italy's Avio: WSJ

The newspaper said that GE and Avio's current majority owner, the European private equity firm Cinven, hope to announce the deal on Thursday, though issues remained over lack of interest in one part of Avio, its space business.

Avio, which had 2 billion euros in sales last year, builds engines and engine parts for civilian and military aircraft, satellite launch missiles, and naval vessels.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	Japan's TEPCO soars for second day on Shinzo Abe's victory in election

NEXT ARTICLE
Investor group offers US$2.3 billion for takeover of software firm Compuware

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit