Fincantieri and France are reportedly close to an agreement on the ownership of STX France.

The two sides are about to reach a compromise that will see the Italian shipbuilder take control of the yard without having majority ownership, Le Monde reports.

According to the report, Fincantieri would take a stake of around 45% to 49% while one or more partners of Fincantieri would take another 10% slice.

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