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Hyundai Heavy files suit in EU court after Daewoo takeover veto | Hellenic Shipping News Worldwide

Hyundai Heavy Industries Holdings said it had appealed to an EU court to fight the European Commission’s January decision to block its takeover bid for rival shipbuilder Daewoo Shipbuilding & Marine Engineering. The suit, made to the European Union’s General Court, was filed on March 23, a Hyundai spokesperson said. Hyundai argued that regulators in . ....

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Korea Shipbuilding bags orders totaling 211 bln won from Africa – The Korea Times

Korea Shipbuilding bags orders totaling 211 bln won from Africa – The Korea Times
koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.

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EU blocks S. Korea shipbuilder merger

The European Union on Thursday rejected the merger between South Korean shipbuilders Hyundai and Daewoo, saying a union between two of the world's biggest players in the industry would have given the combined company a global stranglehold on the production of liquefied natural gas carriers. ....

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EU Formally Rejects South Korean Shipyard Merger Over LNG Concerns

The European Commission confirmed its opposition to the proposed acquisition of Daewoo Shipbuilding. ....

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EU rejects merger of SKorean shipbuilders Daewoo, Hyundai

The European Union has rejected the merger between South Korean shipbuilders Hyundai and Daewoo ....

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