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Wednesday, 4 January 2017

South Korea Selected Fincantieri as Preferred Bidder in the Sale of STX France Naval Shipyard

A South Korean court has selected Italy's shipbuilding giant Fincantieri to be the preferred bidder in the sale of STX France located in Saint Nazaire. The French government will likely let France's naval defense group DCNS buy a minority stake of the shipyard.

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