Independent journal on economy and transport policy
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The EU would be about to start an investigation deepened on the project of fusion between HHI and Daewoo
The procedure would have to be activated the next week
December 9, 2019
The EU commission would be about to start an investigation deepened on the proposal of fusion notified from the South Korean navalmeccanici groups Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering Co. (DSME)(on 31 January 2019). It has announced the news agency "Reuters" specifying that the Commission will activate the investigation the next week as a result of a preliminary examination of the agreement of merger that will be concluded on 17 December.
"Reuters" has remembered that, for being able to be carried to term, the fusion project it must still obtain the authorization of the authorities antitrust of South Korea, Singapore, China and Japan, while the Kazakistan has already given the go-ahead free to the operation and the HHI is working with the authority for competition of Singapore in order to answer to the worries expressed from this last one on the fusion(on 2 December 2019).
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