Finmeccanica Sells Assets, Raises 170 Million Euros
ROME — By Dec. 22 the state-owned Cassa Depositi e Prestiti (CDP) will pay Finmeccanica around 172 million euros ($246 million) to buy the company’s 3 percent stake in chip builder STMicroelectronics. The value of the STM shares has been freefalling as a result of the recession, which hit the...
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