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Leonardo Drs returns to Wall Street, the placement by March

2021-02-26T17:28:58.625Z


Leonardo Drs, Leonardo's American subsidiary, filed the registration document with the SEC for the placement of a minority stake in its ordinary shares. Leonardo makes it official with a note. (HANDLE)


(ANSA) - ROME, FEBRUARY 26 - Leonardo Drs, Leonardo's American subsidiary, has filed the registration document with SEC for the placement of a minority share of its ordinary shares.

Leonardo makes it official with a note.

Ordinary leaks object of the offer will be placed by Leonardo US Holding, a US company wholly controlled by Leonardo.

The number of shares to be placed and the price range of the placement "have not yet been determined".

The closing of the transaction "is expected by the end of March 2021".


    "Today we announce an important step in Leonardo's strategic development, with the proposal to list a minority percentage of Leonardo Drs on the New York Stock Exchange", comments the CEO.

di Leonardo, Alessandro Profumo: "By maintaining a majority stake, we will continue to have a significant exposure in this strategically important market, continuing to leverage consolidated relationships for the benefit of all of Leonardo's businesses".

(HANDLE).


Source: ansa

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