{"id":2295,"date":"2005-12-15T00:00:00","date_gmt":"2005-12-15T00:00:00","guid":{"rendered":"https:\/\/mercator.nfdtesting.uk\/propulsion-and-future-fuels-conference\/2005\/12\/15\/thales-dcn-merger-goes-ahead\/"},"modified":"2005-12-15T00:00:00","modified_gmt":"2005-12-15T00:00:00","slug":"thales-dcn-merger-goes-ahead","status":"publish","type":"post","link":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/news\/general-news\/thales-dcn-merger-goes-ahead\/","title":{"rendered":"Thales-DCN merger goes ahead"},"content":{"rendered":"<p>The French government has announced a tie-up between defence company Thales SA and state-owned warship builder DCN, a long-anticipated deal seen as a step toward wider consolidation in European shipbuilding.<\/p>\n<p>The government will retain 75% of DCN after the deal with Thales in which the state also has a 31% stake. A Thales-DCN merger is seen as a first step toward much-needed consolidation in European military shipbuilding. In exchange for the 25% stake in DCN, Thales will reportedly pay the government euro500 million ($596 million) in several installments and transfer assets worth euro 400 million ($477 million) to DCN, in a deal valuing the warship maker at up to euro 4 billion ($4.8 billion).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The French government has announced a tie-up between defence company Thales SA and state-owned warship builder DCN, a long-anticipated deal seen as a step toward wider consolidation in European shipbuilding. The government will retain 75% of DCN after the deal with Thales in which the state also has a 31% stake. A Thales-DCN merger is [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"sponsor":[],"class_list":["post-2295","post","type-post","status-publish","format-standard","hentry","category-general-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/2295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/comments?post=2295"}],"version-history":[{"count":0,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/posts\/2295\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/media?parent=2295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/categories?post=2295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/tags?post=2295"},{"taxonomy":"sponsor","embeddable":true,"href":"https:\/\/www.motorship.com\/propulsion-and-future-fuels-conference\/wp-json\/wp\/v2\/sponsor?post=2295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}