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Fincantieri blasts antitrust ‘rumors’ about Chantiers acquisition

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Fincantieri ‘strongly’ renounced what it said were rumors about an alleged decision by EU antitrust authorities to commence a further in-depth analysis of the Chantiers de l’Atlantique transaction.

Shares fell 1% on Tuesday in Milan.

In a statement, Fincantieri added its objection to a deeper antitrust probe, if that should happen, particularly if this were based on the ‘alleged reduction of the European players from three to two, as previously reported.

'Following the transaction, there would still be three cruise shipbuilders in Europe, as opposed to the current four,’ the statement said.