21 October 2014 Europe

ANSALDO SALE

Italy's Finmeccanica industrial group, which specialises in aerospace and defence business, is disposing of non-core rail-related enterprises Ansaldo-Breda and Ansaldo STS. Reportedly Finmeccanica with debts of $US6.1 billion which it wants to clear - has shortlisted CNR Corporation (China) and Hita

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