Meyer Werft’s merger with the former STX Finland and the upcoming merger of STX France and Fincantieri will create two giant European shipbuilding groups that aim to dominate cruise shipbuilding for the next decade.
The French government has now approved the acquisition of STX France by Italy’s Fincantieri in a deal that will leave the Italian shipbuilder holding 51% of the shares in the St Nazaire-based yard.
