Leonardo : A listing of DRS at the levels reported by Il Messaggero would reduce debt
>Set for a listing of 40% of DRS? - On Friday evening (after a 10% jump in the share price), Leonardo once again indicated via a press release that it was indeed considering the possibility of a stock market listing for its subsidiary DRS. However, no formal decision on the matter has been taken yet. Italian daily Il Messaggero reported on Friday morning that the company is due to hold a board meeting this week to decide whether to launch an IPO, which could be held i...Leonardo is the holding company for The Finmeccanica Group, and is responsible for guiding and controlling industrial and strategic operations, coordinates its subsidiaries. The Finmeccanica Group operates in the Aerospace and Defence sector, which includes the Helicopters, Defence and Security Electronics, Aeronautics, Space and Defence Systems segments; and in the Transportation sector, which also includes Fata S.p.a., in addition to the companies operating in the transportation sector.
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