Finance

Singapore gets go-ahead for Hyundai-Daewoo merger, according to reports

Anti-competition authority approves proposed South Korean tie-up

Acquisition: Hyundai Heavy Industries proposing to take majority stake in compatriot Daewoo Shipbuilding & Marine Engineering
Acquisition: Hyundai Heavy Industries proposing to take majority stake in compatriot Daewoo Shipbuilding & Marine EngineeringPhoto: AFP/SCANPIX
Published 26 August 2020, 10:22Updated 26 August 2020, 15:05
Hyundai Heavy IndustriesDaewoo Shipbuilding & Marine EngineeringKorea Shipbuilding & Offshore EngineeringSouth KoreaSingapore