Brussels, 19/08/2003 (Agence Europe) - The European Commission has cleared the acquisition of Avio, the Italian aerospace company, by the Italian group Finmeccanica and the American private investment firm, Carlyle. The Commission considers the acquisition "did not raise any competition concerns, as the activities of the parties do not overlap. Even in the sector of gas turbines, in which both Finmeccanica and Avia (to some degree) are present, the two companies are not in competition, as...