Italian shipbuilding giant Fincantieri will take control of STX France under a shared ownership agreement. The agreement was made following a Franco-Italian summit held yesterday in Lyon in central France. According to the agreement, Fincantieri will take a 50 percent stake in STX France. The French state will hold 34.34 percent, Naval Group (formerly known as DCNS) 10 percent, STX personnel 2 percent and STX local suppliers 3.66 percent.
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