Hanwha gets conditional approval for acquiring Daewoo Shipbuilding
The Fair Trade Commission (FTC) granted only conditional approval on Thursday for Hanwha Groups acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), accepting the demands from the shipbuilders rivals to ban the conglomerate from unfairly excluding other companies from the local warship market.
South Korea Hanwha Ocean Hd Hyundai Heavy Industries Division Kwon Defense Acquisition Program Administration Fair Trade Commission
Source: koreatimes.co.kr