Italian aerospace group Finmeccanica has seen the value of its stake in Fokker, once seen as the precursor to a strategic alliance, virtually cut in half. Finmeccanica paid L52 billion ($33 million) for a 6% holding in 1991, but, after the take-over of the troubled Dutch manufacturer by the Daimler-Benz group and Fokker's subsequent restructuring, that stake has dwindled to only 3.8%. It is now being held at a book value of L28 billion.
Source: Flight International