Posted in Cruise News

Fincantieri Given Preffered Bidder Status For Potential Takeover Of STX France

South Korean courts have approved Fincantieri as ‘preferred bidders’ for the takeover of French shipyard, STX France.

The Italian group will hold a two thirds stake in STX France with the French Government retaining a 33% stake in the yard if the takeover is completed.

It is somewhat a move of intent for Fincantieri with order books ready to swell with the proposed aquisition of the French shipyard.  If the move is completed, 38 of the 73 cruise ships on order will take place in Fincantieri shipyards.

 

 

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Author:

Nearly 30 year old who has had an interest in cruising since 8 years old. Since then I have cruised on over 43 cruises sailing around the world visiting places such as the USA, Japan, Hong Kong, Egypt, Europe and many other places. Have also worked in the cruise industry with Carnival UK, Celebrity Cruises and Planet Cruise.

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