Saudi Wealth Fund in Advanced Talks to Invest in Leonardo's Aerostructures Unit
ByAinvest
Friday, Nov 28, 2025 10:17 am ET1min read
CVU--
Saudi Arabia's Public Investment Fund is in advanced talks with Leonardo SpA to invest in its aerostructures unit, creating a global unit for aerostructure works. The deal would give Saudi Arabia greater exposure to the aerospace industry and provide financial support for Leonardo's division, which has been losing money due to production slowdowns in the US. The Italian government, which owns 30% of Leonardo, and Saudi officials are reportedly close to securing final approvals.
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