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Media: South Korean yard prepared to make concessions for EU merger approval

Hyundai Heavy Industries is currently meeting with the EU competition authority to discuss possible concessions related to the merger with competitor Daewoo, reports Reuters. The focus is on LNG vessels.
Photo: Kim Hong-Ji/Reuters/Ritzau Scanpix
Photo: Kim Hong-Ji/Reuters/Ritzau Scanpix
by NIKLAS KRIGSLUND

South Korean shipbuilding major Hyundai Heavy Industries is allegedly prepared to make concessions to ensure EU approval for its merger with competitor Daewoo Shipbuilding & Marine Engineering, DSME.

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