South Korean shipbuilding conglomerate Hyundai Heavy Industries (HHI) Group has officially started the process to earn approval from anti-trust regulators for its proposed takeover of Daewoo Shipbuilding and Marine Engineering Co. (DSME), reports MarineLink.
Request for FTC approvalHHI has submitted a request for the formal approval from the South Korea’s Fair Trade Commission (FTC), as well as from antitrust authorities in Japan, China, Kazakhstan and the European Union.
The shipbuilding major...
http://mfame.guru/hyundai-seeks-fair-trade-approval-for-dsme-merger/