September 29 2017
The governments of Italy and France have reached an agreement that will allow Fincantieri to acquire French shipbuilder STX, reports the Italian shipbuilder.
There has been a standoff for some time. In July, France threatened to nationalize STX if Italy didn't accept its offer for an equal split. The shipyard is the only one in France with facilities large enough to build carriers, Reuters noted at the time.
Fincantieri will acquire 51 percent of the French shipyard, due to...
Please log in to continue reading.
Not yet a subscriber? Take a free trial.
Military Periscope gives you easy-to-use, integrated, open-source intelligence on…
Try Military Periscope free for seven days
Military Periscope FEDLINK information
Service ID: UC Contract Number: LCFDL19D0065
Military Periscope is a product of GovExec.
600 New Hampshire Ave., Suite 510,
Washington DC, 20037, USA.
(+1) 202-450-3967
©Military Periscope 2022
All rights reserved. Redistribution of the content is prohibited without prior consent of Military Periscope.