The European Commission has approved the takeover of troubled France-Corsica ferry operator SNCM by Corsican entrepreneur Patrick Rocca, according to a letter seen by Reuters on Tuesday. In the letter ...

France-Corsica ferry operator SNCM will file for court protection next week, a source close to the company told Reuters on Wednesday, which will clear the way for its shareholder Veolia to restructure ...

PARIS (Reuters) - Workers at France-Corsica ferry operator SNCM must end their strike and let the troubled company undergo a restructuring to secure its future, Prime Minister Manuel Valls said on ...

MARSEILLE, France (Reuters) - A Marseille court took France-Corsica ferry operator SNCM under its protection on Friday, giving the company, which has already stopped payments to its creditors, six ...

The state-subsidised ferry company linking France’s cote d’azur and Corsica is one step closer to entering receivership after the European Court of Justice today (4 September) dismissed its appeal in ...

PARIS, July 8 (Reuters) - Workers at France-Corsica ferry operator SNCM must end their strike and let the troubled company undergo a restructuring to secure its future, Prime Minister Manuel Valls ...