Independent journal on economy and transport policy
01:41 GMT+2
Keppel signs merger deal with Hitachi Zosen
(Sched Net)
April 1, 1998
SINGAPORE industrial group Keppel has signed a deal to merge its ship repair and shipbuilding business with Hitachi Zosen Singapore.
Although Keppel will hold a 56 per cent share of the new company, it is selling its shipbuilding and repair activities to Hitachi Zosen for around S$265 million. In turn, Hitachi Zosen plans to boost sales by building stronger ...... Read more on Sched Net
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