Hyundai Heavy Industries’ plan (HHI) to acquire Daewoo Shipbuilding & Marine Engineering (DSME) is experiencing difficulties, as union members of the two shipbuilders decided to start a strike to oppose to the possible takeover.
Namely, according to local media, the two unions protested in front of Korea Development Bank (KDB) headquarters, which is DSME’s largest stakeholder and creditor. This came only a day after, the HHI union went also strike to oppose the plan.
The reason why the unions...
https://safety4sea.com/hhi-dsme-workers-oppose-to-future-takeover/