EU Commission will scrutinize South Korean yard merger

Following a preliminary review of the announced merger between two of the world's largest shipbuilders, Hyundai Heavy Industries and DSME, the EU will allegedly take a deeper look at the process, says Reuters.

Photo: Daewoo Shipbuilding & Marine Engineering/Yonhap

by TOMAS KRISTIANSEN

The EU Commission will allegedly begin a large-scale look at the merger between South Korea's two shipbuilding majors Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, DSME.

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