13.11.2013 - Mubadala and Tata increase equity in Piaggio Aero
Mubadala and Tata are injecting an additional 190 million ($253 million) into Italian airframer Piaggio Aero, increasing their combined stakes to 85.5%. The move comes as the Genoa-based company switches its focus increasingly towards the special missions market and away from the flat-lining business aircraft sector. Earlier this year Piaggio Aero unveiled an unmanned intelligence, surveillance and reconnaissance version of its flagship P180 Avanti II twin-pusher called the P.1HH HammerHead...............................................Full Article: Source
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