Spain’s Navantia Close to Deal for Harland & Wolff: Telegraph

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Spanish state-owned shipbuilder Navantia is nearing a deal to buy the UK’s Harland & Wolff Group Holdings out of administration, according to the Telegraph.

The parties are in exclusive talks for a deal that would see Navantia take control of Harland & Wolff next month, the newspaper reported late Friday, without saying where it got the information. The talks are tentative, it added.