mentioned that Italpetroli (partner in the Rome airport) sold 16% stake to Gemina at below analysts valuations, however Gemina is understood to have had a longstanding pre-emptive right to buy the stake, which may explain how it bought the stake at such a low price.
MAP investors may get another barometer of the value of Rome Airport as Leonardo's other shareholders, Falck and Impregilo, may also be looking to sell out.
