Sponsored By

EU decision on Chantiers-Fincantieri expected by end April

European antitrust officials intend to reach a decision soon on the plan to put the French shipyards of Chantiers de l'Atlantique under Fincantieri's control.

Michèle Valandina, French correspondent

March 11, 2020

1 Min Read
Celebrity Apex at Chantiers de l'Atlantique
Celebrity Apex is nearing completion at Chantiers de l'Atlantique. The French shipbuilder could come under Italy's Fincantieri in a proposal being studied by EU antitrust authoritiesPHOTO: ANNE KALOSH

Important concessions? 

Reuters reported EU competition authorities would probably not give their approval unless Fincantieri makes important concessions, which were not specified.

No comment

Margrethe Vestager, the commissioner for competition, said Wednesday she never comments publicly on matters that haven't been adjudicated. The deal is still being studied, she told French television (BFM Business), but added a decision is expected by the end of April.

The European Commission opened its probe into the proposed Fincantieri-Chantiers combination in late October. 

About the Author

Michèle Valandina

French correspondent

A graduate from Lyon University, where she specialised in foreign languages and American literature, Michèle worked as an interpreter/translator (English, German and Italian) for major international events before entering the diplomatic world for a few years. As a Paris-based freelance travel and lifestyle writer, she has been a contributor to a host of publications and has long specialised in two sectors: cruising and wellness. Her features have appeared in, among others, Le Monde, Le Figaro, Le Figaro Magazine, Les Echos Week-end and periodicals dedicated to the MICE sector. She has also featured on radio and TV travel programmes and, since 1992, has been the author of the only French cruise guide, Croisières Passion.

 

The latest cruise news, analysis and more straight to your inbox
Get the free newsletter read by industry experts

You May Also Like