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ST Engineering divests US yard businesses

Two business units incurred a combined pre-tax net loss of $256m between 2017-2021

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Sale to Bollinger will build on the two shipyards’ expertise in US Navy and US Coast Guard jobs

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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