Mergers & Acquisitions Mergers & Acquisitions

EU suspends Hyundai-Daewoo shipbuilding merger probe for a third time

By Natalie McNelis
  • 14 Jul 2020 08:40
  • 14 Jul 2020 08:44
Hyundai Heavy Industries has seen the EU probe into its plan to buy rival Daewoo Shipbuilding & Marine Engineering suspended for a third time.
The European Commission announced on its website that it stopped the clock on the in-depth review as of today.

The EU antitrust regulator's review had already previously

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Natalie McNelis

Senior Correspondent


Natalie McNelis covers mergers for MLex in Brussels. Before joining MLex in 2017, she spent 20 years as an international trade and competition lawyer in law firms including Stibbe and WilmerHale. Natalie has a BA in English from Mount Holyoke College, a JD from Harvard Law School and an LLM in EU law from KU Leuven. She is admitted to the bar in New York.

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