- Global shipbuilding behemoth Hyundai Heavy Industries Holdings Co. (HHIH) to complete the acquisition of smaller local rival DSME.
- This acquisition process will be complete within the first half of this year.
- The combination must obtain regulatory approval from six countries — South Korea, China, Kazakhstan, Japan, the European Union and Singapore.
- As of January, China, Kazakhstan and Singapore have approved the combination.
According to a recent news article, Hyundai Heavy Industries Holdings...
https://mfame.guru/hyundai-heavy-industries-to-complete-the-acquisition-of-rival-dsme/