China's Avic To Be Partner In ATR

Avic is to buy a 33% stake in ATR, an initiative that Italian prime minister Silvio Belusconi has described as a 'win-win' for China-EU relations. Italy disclosed in early Sept. it had been speaking to China about investing in Italy's industrial sector. China's investment in ATR, which involves buying shares from EADS and Finmeccanica, is part of a bigger deal covering a financial bail-out...