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KFTC clears merger of Hyundai shipyard affiliates under simplified review

( September 18, 2025, 03:23 GMT | Official Statement) -- MLex Summary: South Korea’s competition regulator on Thursday approved the planned merger between HD Hyundai Heavy Industries and HD Hyundai Mipo, two shipyards under HD Hyundai, under a simplified review. The Korea Fair Trade Commission said the combination between the affiliates doesn’t involve changes in ownership and is presumed not to have anticompetitive effects. Under the merger-review guidelines, the deal qualifies for simplified review, which applies to cases presumed not to restrict competition. The deal was filed for review on Aug. 29. The statement, in Korean, follows: ...

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