Rheinmetall, MSC jointly acquire Romanian shipyard

German ​defence group Rheinmetall and ​Swiss-based shipping ‌company MSC ​have acquired Romanian shipyard Mangalia for €138 million ($155 million) and ‌aim to develop it for both civilian and military shipbuilding, Rheinmetall said on Monday. Here are ‌some more details from Rheinmetall's statement:

($1 = €0.8916)