Aker Yards has, through the media, been informed that the French government, after discussions with the company STX, intends to buy a total of 34 percent of the shares in Aker Yards France.
Aker Yards France has two yards, namely in Saint Nazaire and in Loriant. STX is a shareholder in the publicly listed Aker Yards, with 39.2 percent of the shares. "We are surprised to learn through the media that the French government has announced that they intend to buy a total of 34 percent of the shares in Aker Yards France based on a dialogue with STX. "Aker Yards has significantly contributed to the positive development of financial results and in employment in Aker Yards France, and we appreciate that the yards are regarded as attractive. "The Board of Directors has previously not considered to sell parts of our French activities. We see it as unlikely that Aker Yards will sell any part of our business if the terms are not attractive for both all of our owners and for the further development of the company," said Svein Sivertsen, Chairman of the Board of Directors at Aker Yards. Mr Sivertsen also said that Aker Yards would be waiting for more information from the French authorities.
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