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Italian yard the only bidder on STX subsidiary

Italian yard group Fincantieri is the only buyer in line to purchase the French branch of Korean yard group STX, which has entered bankruptcy, reports Reuters.

STX in Finland | Photo: PRESSEFOTO STX

Italian Fincantieri is the only company interested in buying STX France, after the 2013 bankruptcy of its parent company, Korean yard and carrier group STX.

The French part of the yard group STX is specialized in the construction of cruise ships, writes Reuters.

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