May 20, 2008 / 12:40 PM / in 11 years

Romania gets three bids for aircraft maker

BUCHAREST, May 20 (Reuters) - Romania has received three binding bids in the sale of the state’s majority stake in aircraft maker Avioane Craiova, privatisation agency AVAS said on Tuesday.

Italy’s Alenia Aeronautica SIFI.MI, AERO Vodochody of the Czech Republic and local firm INAV had submitted offers for an 80.98 percent stake in the firm, AVAS said in a statement.

Earlier this month, AVAS extended the deadline for binding bids to May 20 from May 9 following requests from investors.

Last year, AVAS failed to strike a deal to sell the company to a consortium of local private firms and said it would relaunch the sale. (Reporting by Radu Marinas; Editing by Sue Thomas)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below