Piaggio Draws Offers from Four Entities
Four of the five organizations invited to bid on Piaggio Aerospace had submitted their offers by the March 5 deadline.
From 19 expressions of interest that were presented for Piaggio, the field of bidders has winnowed down to four. (Photo: Piaggio Aerospace).
From 19 expressions of interest that were presented for Piaggio, the field of bidders has winnowed down to four. (Photo: Piaggio Aerospace).

The field of bidders for Piaggio Aerospace has narrowed again, with four entities filing non-binding offers by the March 5 deadline. After weighing expressions of interest from 19 potential bidders for Piaggio, the Italian Ministry for Economic Development late last month had extended invitations to five entities from three continents to submit offers.


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