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Fincantieri, the acquisition of Stx towards bankruptcy

2020-12-29T12:29:34.502Z


MILAN, 29 DEC - The sale of the Saint Nazaires shipyard to Fincantieri is in danger of being permanently lost. (HANDLE)


(ANSA-AFP) - MILAN, DEC 29 - The sale of the shipyards of Saint Nazaires to Fincantieri is likely to fail definitively.

According to the agreements with France, AFP writes, the sale of Stx must be concluded by 31 December but the Italian group has not submitted to the EU Antitrust, which is conducting a severe investigation on the acquisition, all the information requested.

Without answers by Thursday or in the absence of a new extension the operation will skip.

"We believe that we have done everything possible. It is not possible for us to do more," a spokesman for Fincantieri told AFP.

(ANSA-AFP).


Source: ansa

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