Sky News reporting on takeover plans for Harland & Wolff. From Mark Kleinman: Harland & Wolff (H&W), the shipyard-owner which built the Titanic, is closing on a government-backed rescue deal with a Spanish shipping industry group. Sky News can reveal that Navantia has won approval from Downing Street to acquire H&W’s four UK shipyards in a transaction which could be formally agreed as early as next week. If confirmed on the expected terms, the agreement would salvage more than 1,000 ... Read more...

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