US company Textron acquiring Pipistrel

US industrial conglomerate Textron, the owner of the Beechcraft, Hawker, and Cessna brands, has signed a deal on the acquisition of the Slovenian maker of ultralight aircraft Pipistrel worth EUR 218 million. Pipistrel said its founder and CEO Ivo Boscarol will remain a minority owner and will be appointed chairman emeritus. The transaction is expected …

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