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KSOE-DSME deal face obstacles inside and outside of Korea

KSOE-DSME deal face obstacles inside and outside of Korea
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

Clock still stopped on EU probe of Hyundai-DSME-merger

Clock still stopped on EU probe of Hyundai-DSME-merger
offshore-energy.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-energy.biz Daily Mail and Mail on Sunday newspapers.

South Korea s shipbuilders deal still in limbo

The EU Competition Commission has stopped the clock in its in-depth investigation into the US$1.8bil (RM7.4bil) acquisition of Daewoo Shipbuilding & Marine Engineering Co (DSME) by Hyundai Heavy Industries Holdings Co (HHIH) since July 3, 2020. (File pic shows a Daewoo shipyard) SEOUL: The European Union’s (EU) antitrust regulator has not yet resumed its review of the proposed merger between South Korea’s two leading shipbuilders, putting its decision on hold for nearly a year. The EU Competition Commission has stopped the clock in its in-depth investigation into the US$1.8bil (RM7.4bil) acquisition of Daewoo Shipbuilding & Marine Engineering Co (DSME) by Hyundai Heavy Industries Holdings Co (HHIH) since July 3, 2020.

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