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flag Turkish drone maker Baykar acquires Italian aerospace firm Piaggio to expand in Europe.

flag Turkish drone manufacturer Baykar has acquired Italy's Piaggio Aerospace, approved by Italy's Ministry of Enterprises. flag This move aims to secure workers' and creditors' interests and revitalize Piaggio's industrial prospects. flag Baykar plans to maintain and expand Piaggio's production and support activities, enhancing its presence in the European aviation market while preserving Piaggio's legacy.

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