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Finmeccanica in advanced talks to sell AnsaldoEnergia-unions
September 23, 2013 / 10:48 AM / 4 years ago

Finmeccanica in advanced talks to sell AnsaldoEnergia-unions

MILAN, Sept 23 (Reuters) - Italy’s defence and aerospace group Finmeccanica confirmed to unions at a meeting on Monday it is in advanced talks with Korea-based Doosan Heavy Industries for the sale of its AnsaldoEnergia unit, unions said in a statement.

Finmeccanica shares rose as much as 4.4 percent after the statement as traders welcomed the prospect of a quick disposal that would help reduce Finmeccanica’s large debt pile.

Finmeccanica management also told unions that the state-backed defence player was in talks with a number of foreign manufacturing companies for the possible sale of AnsaldoBreda and AnsaldoSTS, two other units that are part of Finmeccanica’s disposal plan.

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