Industry Minister Carlo Calenda
said Tuesday that he was hopeful of a deal on the
Fincantieri-STX case.
The French government exercised pre-emption rights on STX
capital in July, blocking Fincantieri's takeover of the French
shipyard and causing considerable tension with Rome.
"We are working and we hope to achieve a good solution for
everyone and, in particular, with a European perspective. And I
think we'll pull it off," Calenda said.
Fincantieri agreed to buy 66.6% of STX France from South
Korea's STX Offshore and Shipbuilding earlier in the year as
part of bankruptcy proceedings but Paris blocked the move,
calling on Fincantieri to accept an offer to divide STX's
capital 50-50.
At the time Rome said it would not accept a deal in which
Fincantieri did not have control of STX.
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