The weak dollar is favourable for making acquisitions in the US market, said Giorgio Zappa, managing director at Finmeccanica SpA.
In the last years, Finmeccanica has said it wants to make US acquisitions, including in defence electronics. The company has 3 bln eur available for acquisitions, it said recently.
'With a dollar so low, it is the best moment to make acquisitions in the US,' said Zappa.
'We have already thought about it before and the main reason we think about it today,' he said.
'But the interest of the group is to acquire companies which increase value-added and strategic market positioning,' he said.
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