FINMECCANICA CUTS BACK

Finmeccanica will be taking a more limited role in southern Italy-based Europea Microfusioni Aerospaziali (EMA), its joint venture with Rolls-Royce. Rolls has boosted its stake to 51% from 33%, while Finmeccanica reduced its portion to 49% from 66%. EMA makes turbine vanes and blades for aero...

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