According to reports, Fincantieri is studying a capital increase to bid for Aker Yards.
Reports say that Fincantieri has the support of the Italian, French, Norwegian and Finnish governments, which want to avoid Aker being taken over by the South Korean group STX Shipbuilding
STX has already bought a 39.2 pct in the Norwegian group, which also has shipyards in France
The capital increase could be subscribed by public companies controlled by the governments of the four countries, including Fincantieri's own parent company the state holding Fintecna, it said.
seek a bourse listing and make a share and cash offer for Aker, aiming to buy 51 pct of the company, reports said.