Four bidders have submitted offers for STX Offshore & Shipbuilding and its STX France shipyard.

They include French naval yard group DCNS, Italian cruiseship specialist and Dutch shipbuilder Damen, according to industry sources cited by the Korea Economic Daily.

The other name has not been revealed, but is not thought to be a Korean rival.

A 66.7% stake is up for grabs in STX France, of which the French state will retain the rest.

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