Arrivederci to Avio.

The article reports that Finmeccanica is deciding whether to cut its stake in Avio engine and space company as part of the majority ownership transfer to private equity firm Cinven from the Carlyle Group. Aerospace giant Finmeccanica will resolve whether it will be able to stick to its plan to keep a minimum stake in Avio and use the financial resources generated by the deal to support acquisitions in what it considers core areas.