Fiat sees avio unit sale closed soon

Newswire

MILAN, May 30 (Reuters) - Fiat expects to close soon a long-awaited deal to sell aviation unit Fiat Avio to U.S. private equity fund Carlyle and Italian defence group Finmeccanica , a Fiat spokesman said on Friday. Finanza e Mercati newspaper reported earlier on Friday that the 1.55 billion-euro deal would be completed next week. "The deal is at the final stages but has not yet been formalised," the spokesman said. The Carlyle Group declined to comment. Fiat -- seeking to raise to ...

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