European Commission Opens Antitrust Investigation Into Fincantieri’s Bid for Chantiers de l’Atlantique Shipyard

By Foo Yun Chee BRUSSELS, Oct 30 (Reuters) - Italy's bid to create a European industrial champion in the shipbuilding industry faces difficulty after EU antitrust regulators said Fincantieri's bid for Chantiers de l'Atlantique would significantly reduce competition. The European Commission said the deal between two global leaders in an already concentrated and capacity … [Read more...]