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Hanwha's bid to take over Daewoo Shipbuilding to be weighed by KFTC commissioners next week

By Jenny Lee ( April 19, 2023, 01:47 GMT | Insight) -- The bid by South Korea’s Hanwha to acquire Daewoo Shipbuilding & Marine Engineering has moved into a fresh stage, following completion of a review of the deal by the country's competition regulator. The Korea Fair Trade Commission said a standing committee hearing is tentatively scheduled for April 26, where the commissioners will ultimately decide whether the deal raises anticompetitive concerns and, if so, what remedies are necessary to address them.The bid by South Korea’s Hanwha to acquire Daewoo Shipbuilding & Marine Engineering has moved into a fresh stage, following completion of a review of the deal by the country's competition regulator....

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