Finmeccanica on schedule with Ansaldo Breda and Ansaldo STS sales

Finmeccanica is on track with plans to sell to partners stakes in its non-strategic energy and rail transportation businesses for 1 billion Euros by the end of the year, the company’s CFO Alessandro Pansa said.

Due diligence by potential partners is under way. There are drafts of contracts, memorandums and letters of intent with partners, Alessandro Pansa told analysts.

According to the Italian press, Hitachi Rail would have already signed the due diligence procedure for  Ansaldo Breda and Ansaldo STS.

Source : www.aerocontact.com,

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