News / Stock

Fincantieri-Stx. The EU antitrust buries the Italian stocks. For Alphie China Shipbuilding Industry runs

Jan 10, 2019 - 14:46 UTC

The EU Commission has opened an investigation calling into question the aggregation between the two Fincantieri and Stx shipyards. The request was presented by France and Germany, which have appealed to the European Commission to open a procedure and check whether the acquisition of Chantiers de l’Atlantique (new name of Stx) by the Italian group could pose a risk to the competition in the shipbuilding sector at European and world level, especially regarding the cruise ship market. The acquisition operation had to take place at the beginning of 2019 and it is no longer clear if and when the Chantiers…

Register to continue reading for free