Piaggio Aerospace ready to be sold after securing contracts - administrator
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MILAN (Reuters) - Piaggio Aerospace is now in a position to entice buyers after securing a contract to sell at least 10 aircraft, the temporary administrator of the troubled company said.Vincenzo Nicastro said in a statement that Piaggio Aerospace's order portfolio was expected to reach its highest-ever value of 838 million euros (£723 million) by the end of this year."We are approaching our target to make the company attractive for a new owner," Nicastro saidPiaggio Aerospace said on Thursday..