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Leonardo discusses disposals with potential buyers

by Marc Selinger

Leonardo is pursuing disposals to help offset the cost of a large acquisition and avoid ballooning its debt, according to the Italian defence and aerospace company.

“We are working on them,” Leonardo CEO Alessandro Profumo told analysts on 5 November. “We have ongoing talks with offerors. As soon as we have something discussed within the board [of directors], we will have an official communication on that.”

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Leonardo is pursuing disposals to help offset the cost of a large acquisition and avoid ballooning i...

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