Leonardo has reduced its stake in Avio from 28.75% to 19.30% as part of a strategic financial move to optimize capital allocation.

Target Information

Leonardo has recently completed a strategic financial maneuver involving Avio, a key player in the aerospace sector. Initially holding a 28.75% stake, Leonardo has reduced its ownership to 19.30%, following the sale of 2,649,031 shares. This transaction aligns with Leonardo's strategic priorities and its commitment to effective capital allocation.

On November 11, 2025, Leonardo executed the full exercise of its option rights concerning its remaining stake in Avio, acquiring an additional 3,870,207 shares at an emission price of €20.37 per share. This move consolidates Leonardo's position while optimizing its investment strategy.

Industry Overview in Italy

Italy has a robust aerospace industry, supported by a rich legacy in aviation and space technologies. The sector is comprised of several prominent companies including Leonardo, which plays a vi