Hyundai signs deal to acquire compatriot DSME

Merged entity of South Korea’s Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering to control a fifth of global shipbuilding market

High stakes: the Korea Development Bank logo outside its headquarters in Seoul, South Korea
High stakes: the Korea Development Bank logo outside its headquarters in Seoul, South KoreaPhoto: AP/SCANPIX
Published 13 March 2019, 19:37Updated 13 March 2019, 19:37