Fincantieri SpA (FCT.MI)
23 Feb 2018
Fri, Feb 2 2018
MILAN, Feb 2 Italian shipbuilder Fincantieri said on Friday it had bought a 50 percent share in STX shipyards from France, in a deal expected to broaden an alliance between the naval industries of the two nations.
* Lockheed Martin and Fincantieri Marinette Marine awarded contract to build LCS 27
MILAN Italy's Fincantieri and France's Naval Group may exchange between 5 and 10 percent of their share capital to cement a future naval alliance between Rome and Paris, a document published on the website of Italy's Treasury showed.
LYON, France Italian shipbuilder Fincantieri will take effective control of STX France under a shared ownership agreement, the office of French President Emmanuel Macron said on Wednesday, ending a dispute that had soured bilateral ties.
* Two countries to explore creation of naval defence group (Adds details on the deal throughout)
PARIS France and Italy agreed a deal on Wednesday giving Italy's Fincantieri effective control over French shipbuilding firm STX France under shared ownership and strict conditions, ending a dispute that had soured bilateral relations.
PARIS, Sept 27 France and Italy agreed a deal on Wednesday giving Italy's Fincantieri effective control over French shipbuilding firm STX France under shared ownership and strict conditions, ending a dispute that had soured bilateral relations.
PARIS France and Italy will announce on Wednesday their intention to study a possible merger of French military shipyards company Naval Group with Italian shipbuilder Fincantieri , a source close to the French government told Reuters.
LYON, France France and Italy agreed on Wednesday to end their row over an Italian bid for shipbuilding firm STX France, with a deal that gives the buyer, Fincantieri , effective control without it legally owning a majority, an Italian government source said.
* Lockheed Martin and Fincantieri Marinette Marine deliver future USS Little Rock to U.S. Navy Source text for Eikon: Further company coverage:
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