Independent journal on economy and transport policy
01:08 GMT+2
KDB, Hyundai Heavy consider alternative steps to expedite acquisition of Daewoo Shipbuilding
(The Korea Times)
September 22, 2021
By Kim Hyun-bin
The Korea Times
State-run Korea Development Bank (KDB) and Hyundai Heavy Industries (HHI) are considering alternative steps to speed up HHI's acquisition of cash-strapped Daewoo Shipbuilding & Marine Engineering (DSME) amid the EU's concerns over a monopoly. HHI, which seeks to acquire KDB's stake in DSME, is considering selling off some of its own units to assuage the EU's worries ...... Read more on The Korea Times
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