UPDATE 2-Italy's Fincantieri in $1.2 bln bid to buy shipbuilder STX OSV

Newswire

* Fincantieri to buy 50.75 pct STX OSV stake at S$1.22 each * To launch offer for rest of STX OSV after April 2013 at same price * Offer was at 12.9 pct discount to last traded price * Analysts say offer undervalues STX OSV * STX OSV shares down 4.6 pct (Adds analyst comments, share price update) By Charmian Kok SINGAPORE, Dec 21 (Reuters) - Italian shipbuilder Fincantieri SpA plans to acquire ...

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