STX France to be purchased by the Italian company Fincantieri?

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The Saint-Nazaire shipyards are likely to be purchased by an Italian company, Fincantieri, whose headquarters are based in Trieste. The French government, holding 34% of STX France, is relieved to find that no Asian buyer clinched the deal.


Fincantieri, like STX France, handles both civilian and naval contracts. The STX France subsidiary named DCNS, specializing in military contracts, recently sold submarines to Australia.

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