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Spanish Navantia Rescues Harland & Wolff, Secures UK Shipbuilding Legacy

Summary by The Rio Times
(Analysis) Navantia, Spain’s state-owned shipbuilding giant, has completed its acquisition of Harland & Wolff. The Spanish company announced the deal on Monday, marking a significant shift in the maritime industry landscape. Navantia UK, the British subsidiary, now owns four shipyards across the United Kingdom. The acquisition saves Harland & Wolff from insolvency and preserves a […]
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