Friday, June 29, 2007

UPDATE 1-Finmeccanica mulls buying Japanese high-tech firms

(Reuters) - TOKYO, June 29 - Italy's Finmeccanica SpA
is interested in buying Japanese high-tech companies
to boost its presence in Japan, expecting growth in both the
economy and defence sector in one of its key Asian markets, its
chief executive officer said on Friday.




Finmeccanica, an Italian aerospace and defence company, also
said it would set up a branch in Tokyo next spring to help it
access the market for future opportunities. The company has
offices in other Asian countries, China, India and Malaysia, but
not yet in Japan.


Read more at Reuters.com Mergers News

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