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It's Official: Finmeccanica Is Now Leonardo

April 28, 2016 (Photo Credit: Stefano Carofei)

 

Finmeccanica’s name change to Leonardo was confirmed on Thursday after the Italian group’s shareholders approved the switch.

Finmeccanica first announced the decision in March by management to drop its historic title in favor of Leonardo, after the 15th century artist and inventor Leonardo da Vinci.

To help the switch to the new name, the firm said on Thursday it would call itself Leonardo-Finmeccanica until Dec. 31, 2016, before changing to just Leonardo on Jan. 1, 2017.

The gradual change “is aimed at granting the Company a suitable time frame to ensure the required continuity, mainly in relationships with foreign countries,” the firm said.

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