New York giant steams into Italy, scoring lead role on £1bn Finmeccanica purchase
August 04, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Cleary Gottlieb Steen & Hamilton has landed the coveted lead role on Finmeccanica’s £1bn purchase of a stake in AgustaWestland, courtesy of its recent hire of Italian rainmaker Roberto Casati.
The high-profile deal sees Finmeccanica agree to purchase the whole of GKN’s 50% stake in AgustaWestland for a total of £1.01bn, which includes the UK real estate assets owned by GKN, valued at £62m.
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