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Paris Government Nationalise STX France

Paris government nationalise STX France

Source: Fincantieri SpA
Nantes St.Nazaire, France, (PortSEurope) July 28, 2017 – The French government will nationalize the STX France shipyard to keep the ship yards under French control. The yard was to have sold to the Trieste-based Fincantieri, but Paris would not relinquish complete control of the company to an overseas company. STX France is being sold after the collapse of its parent company STX of South Korea. Source:
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