The Korean STX company is preparing a takeover of the Norwegian Aker Yards group, in which already has a 39.2% stake. STX Shipbuilding (turnover forecast for 2008: $3.2bn) has made the merchant bank ABG Sundal Collier a buyout offer of 1.76%-7.92% of additional AkerYards' capital, which will bring its participation up to 47.15%. The deal will also involve the purchase of 2-9 million in shares. (I.L./transl.rh)