Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Pella Sietas plans acquisition of FSG
June 12, 2020
The Hamburg shipyard Pella Sietas plans to take over the insolvent shipbuilder Flensburger Schiffbau Gesellschaft (FSG). In April, FSG had filed for insolvency at the Flensburg District Court. However, the takeover talks are far from being completed. Their success also depends on the takeover of the 650 permanent jobs at the shipyard.
ⓘ This story was originally featured in our daily M&A Insights newsletter.
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