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EU’s Probe Suspension Leaves S. Korean Shipbuilders’ Biz Combination in Limbo

EU’s Probe Suspension Leaves S. Korean Shipbuilders’ Biz Combination in Limbo

SEOUL, Oct. 8 (Korea Bizwire) — The proposed acquisition involving South Korea’s leading shipbuilders has been deadlocked for more than a year, as the European Union antitrust regulator shows no signs of resuming its probe into the deal. In 2019, Hyundai Heavy Industries Holdings Co., the holding company of the global shipbuilding conglomerate Hyundai Heavy [...]