Leonardo: Avio transaction completed

Leonardo announced today the closing of the acquisition by Space2, Leonardo and In Orbit*, of the entire share capital of Avio not yet owned by Leonardo

Rome 31 March 2017

Leonardo announced today the closing of the acquisition by Space2, Leonardo and In Orbit*, of the entire share capital of Avio not yet owned by Leonardo. The additional stake acquired by Leonardo represents approx. 27% of Avio, at a price of approx. € 43 million.

Also today, the deed of merger between Avio and Space2 has been executed. Space2 is a special purpose acquisition company currently listed on the MIV/SIV segment of the Italian Stock Exchange.

Upon completion of the merger and listing of Avio on the MTA / Star segment of the Italian Stock Exchange, currently scheduled for the 10th of April 2017, Leonardo will own approx. 28% of the share capital of the company. The exchange ratio was set at 0.0402 Space2 shares for each Avio share, taking into account a cash contribution of approx. € 64 million by Space2.

*In Orbit is a company held by Avio managers

Image Cover TP (1)

23.06.2026 - 09:35

LEONARDO LAUNCHED THE “2026 TRANSITION PLAN”: BUILDING RESILIENCE ACROSS THE TRANSITION

22.06.2026 - 10:11

LEONARDO AND BAYKAR SET MAJOR MILESTONE FOR ADVANCED CREWED/UNCREWED CAPABILITY DEVELOPMENT WITH SUCCESSFUL FIRST K-SWARM LIVE TRIALS

Immagine comunicati (1)

18.06.2026 - 17:04

LEONARDO: BOARD OF DIRECTORS APPROVES NEW ORGANIZATION STRUCTURE

EDGE-Leonardo (1)

17.06.2026 - 13:55

EDGE And Leonardo to Partner Through a Joint Venture on Advanced Defence Sensors and Systems

Vulcano_Signing Ceremony (1)

16.06.2026 - 14:50

Diehl Defence, Leonardo and General Dynamics celebrate Extended Range Artillery Projectile award based on Vulcano 155mm GLR

15.06.2026 - 14:17

EUROSATORY, LEONARDO PRESENTS THE CYBERSEC DEFENCE SUITE

AW169-Avincis (1)

15.06.2026 - 13:45

LEONARDO’S EMERGENCY RESPONSE HELICOPTER FLEET TO GROW STRONGER IN EUROPE WITH 15 AIRCRAFT ORDER BY LEADING OPERATOR AVINCIS

Multi_domain_technologies_ Press note

12.06.2026 - 08:30

EDF 2025: LEONARDO LEADS IN SPACE AND MULTI-DOMAIN TECHNOLOGIES

AW249 ILA 2026 (2)

11.06.2026 - 10:15

ILA BERLIN: LEONARDO EXHIBITS AW249 HELICOPTER’S NEXT GEN DESIGN AND VIGOROUS FLYING QUALITIES AS INDUSTRY VALUE-PROPOSITION INTENSIFIES TO FILL EUROPE AND WORLD MARKETS’ CAPABILITY GAP

GettyImages-1442849073 (1)

10.06.2026 - 12:35

Leonardo selected for ISOS, Europe’s programme for next-generation in-orbit services

01 1000085705ret

29.05.2026 - 17:34

ROMANIAN MINISTRY OF INTERNAL AFFAIRS STRENGHTENS ITS FLEET WITH AN ORDER FOR TWO C-27J SPARTAN

Immagine comunicati

28.05.2026 - 12:27

Leonardo: filing notice