Bidding for Piaggio Aerospace To Reopen
Talks with a single buyer for Paiggio Aerospace had stalled, leading the company's extraordinary commissioner to decide to renew the bidding process.
Avanti twin pusher-prop maker Piaggio is looking for new bidders after talks with a single buyer for the company stalled.
Avanti twin pusher-prop maker Piaggio is looking for new bidders after talks with a single buyer for the company stalled.

The bidding process for the sale of Piaggio Aerospace is reopening after negotiations with a single prospective buyer faltered and the terms of that buyer had fallen outside of the parameters of the tender, Piaggio Aerospace extraordinary commissioner Vincenzo Nicastro reported. “Negotiations have simply stalled, as no binding offer has ever been submitted,” Nicastro said.


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