Doosan has made an offer for Ansaldo Energia, the power engineering unit of Italian defence and insustrial conglomerate, Finmeccanica (BITFNC).

The Financial Times reports that the Korean firm has followed Siemens (NYSE:SI) in submitting a binding offer for Finmeccanica’s 55 per cent stake in Ansaldo Energia.
Ansaldo Energia
The sale of the Genoa-based firm, which Finmeccanica has valued at a total of $1.71bn, is crucial to the group’s efforts to reduce its net debt of close to $6.6bn.

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