The EU Commission has established that the acquisition of the French shipyards in Saint Nazaire is incompatible with the internal market and with EU competition rules. A setback to the Joint Venture between the Italian shipbuilding giant Fincantieri and the French Stx-France. The president of Fincantieri Giampiero Massolo commented on the setback as follows: [...]
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The Aachen agreement between France and Germany could penalize the Italian military industry which needs to actively participate in new programs. The alternative to the Franco-German axis could be to look more closely at the Anglo-Saxon industrial world. Very interesting what is written by Sole24 on the fact that Italy could look to Great Britain, where there is already [...]
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(by Admiral Giuseppe De Giorgi) After the previews of various national economic newspapers, regarding the analysis of the large investment banks on the rapprochement between the two groups, the confirmation of the renewed partnership between two of the major Italian companies to address the challenge of international markets. Pivoting on the existing, but neglected for too long, [...]
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“Poseidon”, the merger project between Fincantieri and Naval Group announced by Macron and Gentiloni in Lyon last year is not experiencing happy moments. 51% of Stx France by Fincantieri is still being examined by the French, German and European competition authority, but it is only a bureaucratic matter. The French press yesterday, [...]
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Yesterday, a note reads, Fincantieri signed with the French State represented by the Agence des Participations de l'Etat (APE), through its subsidiary Fincantieri Europe SpA, the purchase agreement for the acquisition of 50% of the capital of STX France. The signature takes place after the termination of the Share Purchase Agreement signed by Fincantieri and STX [...]
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