Mergers & Acquisitions Mergers & Acquisitions

Hyundai Heavy-Daewoo Shipbuilding merger should be rejected, European Chamber of Commerce in Korea says

By Wooyoung Lee
  • 29 Sep 2021 01:28
  • 29 Sep 2021 01:28
The planned merger between South Korea's Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering should be blocked because the deal would limit competition in the global market for liquefied natural gas carriers, the European Chamber of Commerce in Korea said.
In its annual white paper that contains recommendations for

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Wooyoung Lee

Correspondent, Seoul

Wooyoung Lee is a correspondent based in MLex’s Seoul office, South Korea, covering antitrust, privacy and data security, mergers and acquisitions and financial services. Wooyoung has more than a decade of experience in journalism, public policy and research. She has worked and written for news outlets including The Korea Herald, Al Jazeera International, Bloomberg BNA, Monocle, among others.

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