Browse
related articles
Tata buys one-third stake in Piaggio Aero
- United Arab Emirates: Monday, October 06 - 2008 at 10:35
India's Tata has agreed to buy a one-third share of Italy's Piaggio Aero Industries, manufacturer of the Avanti II turboprop twin. The proposed investment by Tata, which is expected to receive regulatory and other approvals later this week, includes the purchase of existing shares from current shareholders and a new share offering. The Ferrari and Di Mase families and the Mubadala Development Co of Abu Dhabi, the current primary shareholders of Piaggio, will also hold about one third each of the Italian company when the deal is finalized.
Also consider reading:
Today's top stories
Week's top stories
Facebook
LinkedIn
Digg
Browse
related articles
- » Value of ongoing and planned real estate projects for Saudi Arabia estimated at $586bn
- » Japanese contractors 'owed billions'
- » Oman Air warns Boeing on Dreamliner delays
- » Thomas Tapken joins Bin Ham Group as City Seasons Group General Manager
- » The Duke of York formally opens Marco Pierre White Steakhouse and Grill and Frankie's
Jeff Florian, Senior ReporterMonday, October 06 - 2008 at 10:35 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
It looks like you are using a Mac - check out our 
Web Feeds