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18 July 2018 The on-line newspaper devoted to the world of transports 02:53 GMT+2

September 27, 2017

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To Fincantieri 50% of STX France more 1% of the capital lend from the French State

the understanding in occasion of the today's intergovernmental summit to Lyon

In occasion of the today's intergovernmental summit to Lyon the government of Paris and that of Rome has reached an understanding on the income of the navalmeccanico group Italian Fincantieri in the capital of shipbuilding society French STX France, waited for agreement after the new transalpine executive had disregarded the understanding which signed in spring from the precedence French government whom 66.66% of the capital of the STX France to Fincantieri assigned and had proposed instead an equal participation of France and Italy that was rejected by the Italian government.

the new agreement previews that Fincantieri will directly obtain 50% of the capital of the shipbuilding society of Saint Nazaire to which a 1% of capital assigned from the French State will join on loan ulterior that will stop for 12 years a right of exercisable revocation in case Italy you do not respect the assumed engagements.

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