Volvo Aero has reached an agreement in principle
Volvo Aero has reached an agreement in principle to acquire 67% of the Norwegian aircraft engine component manufacturer Norsk Jetmotor, based in Kongsberg. Volvo Aero President Fred Bodin expects to complete the transaction by the end of 1998. Pratt&Whitney has a 22% stake in Norsk Jetmotor, and...
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