Singapore approves merger of South Korean shipyards

The Competition and Consumer Commission of Singapore previously voiced concerns about a South Korean yard merger, but the commission has now concluded that the merger will not harm competition.

by CHRISTIAN CARLSEN

Singapore approves the merger of South Korean yards Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering, says the Competition and Consumer Commission of Singapore, CCCS, in a statement.

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Singapore authority casts doubts on South Korean yard merger
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EU Commission will scrutinize South Korean yard merger
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Hyundai Heavy tries to reassure Singaporean authorities about merger
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