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Stavatti Aerospace submitted an expression of interest to purchase Piaggio Aero Industries and Piaggio Aviation, with a bid worth hundreds of millions of dollars, to restart production and develop new aircraft variants.
“Stavatti submitted an Expression of Interest for the purchase of the business units of Piaggio Aero Industries S.p.A. in a.s., and Piaggio Aviation S.p.A. in a.s.”airframer.com
Summarized from public sources; check the original articles before acting on it.