According to Yonhap, unionized workers of Hyundai Heavy Industries Co. continued their strike on Tuesday, May 28, against the HHI’s proposal on cancelling its merger plan with Daewoo Shipbuilding & Marine Engineering Co. (DSME).
Mainly, in January 2019, Hyundai Heavy Industries, the biggest shipbuilding group globally, signed a conditional deal with Korea Development Bank (KDB), the biggest shareholder of DSME, on buying the company. Yet, from the beginning, the plans rose a wave of protests from...
https://safety4sea.com/hhi-workers-continue-strikes-against-merger-with-dsme/