Italian governement reportedly planning to break up Leonardo (Finmeccanica)

[muttbutt]

Italian newspaper reporting the government has decided to break up Leonardo (Finmeccanica)

Il governo riesuma Profumo per liquidare Finmeccanica
Italianità addio - Renzi e Padoan avrebbero preso contatti con Usa e partner europei: l’azienda spacchettata e ceduta ai colossi francesi e tedeschi

Rest here in Italian
http://www.ilfattoquotidiano.it/premium ... meccanica/

Long story short.
AgustaWestland sold to Lockheed; Alenia, space biz & MBDA stake to Airbus & electronics to thales.

 

[Grey Havoc]

Strange timing if true.

 

[marauder2048]

I also can't see the DOD permitting Lockheed to acquire two helicopter manufacturers in as many years
especially in light of the just issued (Feb 27, 2017) DOD Directive 5000.62 covering mergers/acquisitions.

 

[Grey Havoc]

I also can't see the DOD permitting Lockheed to acquire two helicopter manufacturers in as many years
especially in light of the just issued (Feb 27, 2017) DOD Directive 5000.62 covering mergers/acquisitions.

Someone planting a story for stock manipulation or similar, do you think?

 

[Machdiamond]

...the appointment of a financial manager with no defense experience provoked rumors in Italy on Saturday that the government had handpicked Profumo to handle the sell off of the firm, but a government spokesman told Defense News the reports were “totally false.”

http://www.defensenews.com/articles/leonardo-ceo-moretti-out-replaced-by-italian-banking-exec