October 14, 2014

CNR and Hitachi shortlisted for Ansaldo sale

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FINMECCANICA CEO Mr Mauro Moretti confirmed to a hearing of the industry committee of the Italian Senate on October 14 that the company has shortlisted CNR and Hitachi for the acquisition of its rail assets.

Moretti told the committee that while both CNR and Hitachi are "interested in having bases in Italy" neither manufacturer has yet submitted a binding offer for AnsaldoBreda and Ansaldo STS.

The sale of the two business units is part of Finmeccanica's plan to refocus its business on the aerospace and defence sectors and reduce its €4.8bn debt.

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