A PYMNTS Company

Singapore: Ship maker merger under review

 |  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.

 

Full Content: Competition Commission of Singapore

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.