Brief: Fincantieri's M&A campaigns are over, group open to selective deals, CEO says
BRIEF-Fincantieri's M&A campaigns are over, group open to selective deals, CEO says July 29 (Reuters) - The chief executive of Italian shipbuilder Fincantieri FCT.MI, Pierroberto Folgiero, tells a post-results conference call:
INCREASE IN ITALY DEFENCE SPENDING IS CLEAR AND HAS BEEN CONFIRMED, IT IS INDEPENDENT OF USE OF EU'S SAFE FUNDS
OUR M&A CAMPAIGNS ARE FINISHED, COMPANY IS OPEN TO PURSUE SELECTIVE OPPORTUNITIES SHOULD THEY ARISE
Further company coverage: FCT.MI
(Reporting by Milan newsroom)
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