Finmeccanica says operations are continuing as normal

MILAN Tue Feb 12, 2013 8:51am GMT

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MILAN (Reuters) - Italian aerospace and defence group Finmeccanica said on Tuesday activities were continuing as normal following the arrest of its chairman and chief executive Giuseppe Orsi in a corruption probe.

"Finmeccanica confirms that management activity and the initiatives it has undertaken are continuing in an orderly fashion," the company said in a statement.

Orsi, who has been carrying out asset sales and a tough restructuring to revive the company, was arrested on Tuesday by Italian police in a corruption investigation centred on the sale of helicopters to the Indian government, a judicial source said.

In the statement, Finmeccanica said it expressed "solidarity" with Orsi, adding it was confident in the judicial process.

(Reporting By Danilo Masoni)


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