Italy’s Leonardo-Finmeccanica has become the latest industrial to increase its influence over the European space industry by agreeing a complex deal to become the largest shareholder in Avio, which builds the Vega launcher. Leonardo, the new name Finmeccanica is transitioning to, and special purpose acquisition vehicle Space2 are buying private equity firm Cinven’s 85% stake in Avio for €137m (US$149m). Italy’s Leonardo-Finmeccanica (BIT:LDO) has become […]
