Monday, November 29

EU resumes review of merger between Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering

The European Union (EU) resumed review of Hyundai Heavy Industries Group’s takeover of Daewoo Shipbuilding & Marine Engineering. It has not reached a conclusion for nearly two years after the initial examination started, and uncertainty has increased, but it is again speeding up. The European Commission announced on its website on the 22nd (local time) that it had resumed the review of the merger between Hyundai Heavy Industries Group and Daewoo Shipbuilding & Marine Engineering (DSME), which had been suspended. The deadline for review is January 20, next year. EU Commission

Reference-www.hani.co.kr

Leave a Reply

Your email address will not be published. Required fields are marked *