A consortium including China CNR Corporation and Insigma Group has made a generous offer for the takeover of Finmeccanica Ansaldo STS and Ansaldo Breda. The offer includes the takeover of 40% in Ansaldo with the money paid upon transaction. The announcement has been made in the “Corriere della Sera” newspaper.
The offer does not include layoffs and the consortium would be “open” to the presence of an Italian partner in the shareholding, the press informs. According to analysts, Finmeccanica would make a decision about this offer after comparing it with Hitachi’s offer.
Source: www.bizjournals.com, www.forexinfo.it
Share on:
