GKN 'set to sell remaining stake in helicopter firm'

Engineering group GKN today signalled the end of British ownership in the helicopter industry by saying it may sell its stake in AgustaWestland.

GKN 'set to sell remaining stake in helicopter firm'
Thu, 20 May, 2004 - 18:06

Engineering group GKN today signalled the end of British ownership in the helicopter industry by saying it may sell its stake in AgustaWestland.

Redditch-based GKN said it was in talks about disposing of its 50% share in the Yeovil-based business to Finmeccanica of Italy, which owns the other 50% of Agusta.

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CourtsBusinessHeathrowPlace: ItalyPerson: ThatcherPerson: Defence SecretaryPerson: Michael HeseltinePerson: HeseltineOrganisation: GKNOrganisation: AgustaWestlandOrganisation: RedditchOrganisation: YeovilOrganisation: FinmeccanicaOrganisation: AgustaOrganisation: SikorskyOrganisation: BoeingOrganisation: BellOrganisation: EurocopterOrganisation: EADSOrganisation: Westland
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