Hyundai Heavy's acquisition of Daewoo Shipbuilding wins unconditional approval in China, Hyundai Heavy says
By Wooyoung Lee ( December 29, 2020, 08:41 GMT | Insight) -- The planned merger between Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering has won unconditional approval from the Chinese regulator. HHI confirmed that the State Administration for Market Regulation unconditionally approved the deal, based on its finding that the deal would not create anticompetitive effects. The planned merger between Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering has won unconditional approval from the Chinese regulator, according to the HHI....
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