Top News | Sunday, 24 January 2010

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Shipyards sale tagged at measly €5.7m offer

Palumbo demands superyachts and gets blessing to team up with bidder

David Darmanin
Government is expected to announce the closure of the sale of Malta Shipyards Ltd for €5.7 million to Neapolitan firm Palumbo S.p.A., with the added possibility of entrenching the superyachts section in the deal. >>


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