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Italy's Piaggio Aerospace receives four non-binding offers for group

MILAN (Reuters) - Italy’s Piaggio Aerospace, the maker of planes and drones which filed for protection from creditors in late 2018, said on Monday it had received four non-binding offers for the group’s aircraft and engine businesses.

On Feb. 24 Piaggio Aerospace said it had formally invited five bidders to make a purchase offer for the group.

Reporting by Elisa Anzolin, editing by Cristina Carlevaro

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