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Singapore: Ship maker merger under review

By  |  January 29, 2013

The Competition Commission of Singapore is currently reviewing a merger between Fincantieri – Cantieri Navali SPA and STX OSV Holdings Limited. In a press release, the CCS announced it was seeking feedback on the proposed acquisition by Fincantieri, an Italian ship maker, of STX OSV, which provides financial services and guidance within the ship building sector. Fincantieri is seeking a 50.75 percent stake in STX OSV.

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