STX Europe ASA (OSL:AKY) French Republic Becomes Strategic Owners In STX Europe's French Yards
STX Europe ASA (OSL:AKY) 6 November 2008: STX Europe and the French Republic have agreed that the French state becomes a 33.34 percent shareholder in STX France and its shipyards in Saint-Nazaire and Lorient. The combined ownership of STX and the French Republic will expand the strategic opportunities for one of the few sophisticated large capacity shipyards in Europe.