Plans to float just under 50% of Fincantieri shares on the Italian Stock Exchange are gaining momentum and could see the country’s leading shipbuilder go public next month.
The project will be put to shareholders at an extraordinary meeting in Trieste on 5 May that could pave the way for the long-awaited flotation. Details of the project, including a planned capital increase worth around EUR 600m ($829m), were revealed in the official journal of the Italian government.
Fincantieri
