Industry

Spanish government green-lights Aernnova takeover

03 January 2018

Spain’s Council of Ministers gave their approval on 29 December for the acquisition of a 60.4% stake in aerospace components manufacturer Aernnova by private equity.

The Council approved the acquisition by a consortium of private equity firms, comprising PI 1, Everest Holdings, and ANV Co-Invest, based in Luxembourg, the Netherlands, and the United Kingdom respectively.

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