Control of Ansaldo Breda, STS should remain Italian-minister
PISTOIA Italy Oct 14 (Reuters) - The Italian government aims to keep rail companies Ansaldo Breda and Ansaldo STS under domestic control, Industry Minister Flavio Zanonato said on Monday.
State-controlled defence company Finmeccanica has put up for sale the two companies nearly two years ago to cut debt and focus on its core defence and aerospace operations.
"As a government we want Ansaldo Breda and Ansaldo STS to remain in Italy, with an Italian management and with a majority (stake) remaining in Italian hands," Zanonato said during a visit to Ansaldo Breda's train-making plant in the Tuscan city of Pistoia.
"We are not looking for buyers but partners," he added.
Trade unions said on Friday Italy was in talks to create a national rail group comprising Ansaldo Breda and Ansaldo STS and bring in General Electric or another foreign firm as a majority investor.