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Finmeccanica up on report of energy unit sale to state, Siemens

MILAN, Oct 1 (Reuters) - Shares in Italian aerospace and defense company Finmeccanica rose more than 2 percent in early morning trading after a report of a state-backed Italian offer for its Ansaldo Energia unit.

At 0730 GMT, shares were up 3.1 percent at 3.81 euros.

The Italian Strategic Fund unit of State-controlled finance company Cassa Depositi e Prestiti (CDP) has presented an offer with other Italian investors for a 55 percent stake in Ansaldo Energia, Il Sole 24 Ore said on Sunday citing financial sources.

Finmeccanica chairman Giuseppe Orsi has promised to sell assets worth 1 billion euros ($1.3 billion) in Italy's No.2 industrial group by the end of the year.

Meanwhile Europe's biggest engineering group Siemens

has also emerged as favourite to buy Finmeccanica

unit Ansaldo Energia, two people close to the situation said on Friday.

(Reporting by Francesca Landini)

((francesca.landini@thomsonreuters.com)(+39 02 66129437)(Reuters Messaging: reutersitaly.thomsonreuters@reuters.net))

Keywords: FINMECCANICA SHARES/