Fincantieri takeover of STX France confirmed
French Finance Minister Bruno Le Maire has confirmed a merger between Italian shipbuilder Fincantieri and STX France, reports Reuters. “Italy and France share the same desire to wrap up the STX-Fincantieri merger, which will produce one of the biggest civilian shipbuilders in the world,” Le Maire reportedly told journalists after talks with the Italian Government. Fincantieri bought a 50 per cent share in STX France earlier this year and renamed its shipyard Chantiers de l’Atlantique. (www.bairdmaritime.com)
