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Doosan Heavy Industries and Construction Co Ltd To Buy 51% Of Ansaldo Energia-Reuters

Thursday, 10 Oct 2013 10:18am EDT 

Reuters reported that Doosan Heavy Industries and Construction Co Ltd is expected to buy 51% of Italian power engineering company Ansaldo Energia from Italy's state-backed fund Fondo Strategico Italiano (FSI). FSI, which agreed earlier in October to buy 85% of Ansaldo Energia, will keep a 35% stake in the Genoa-based maker of gas turbines. Terms of acquisition were not disclosed. 

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