Finance

Creditors to examine options for Daewoo Shipbuilding & Marine Engineering

Korea Development Bank still looking to divest majority stake after European Commission vetoes DSME’s planned merger with Hyundai Heavy Industries

Flagship facility: Daewoo Shipbuilding & Marine Engineering's Okpo yard on Geoje Island, South Korea
Flagship facility: Daewoo Shipbuilding & Marine Engineering's Okpo yard on Geoje Island, South KoreaPhoto: LUCY HINE/TRADEWINDS
London
Hyundai Heavy IndustriesDaewoo Shipbuilding & Marine EngineeringKorea Development BankEuropean CommissionMargrethe Vestager
Published 19 January 2022, 12:11Updated 19 January 2022, 16:34