Tag Archives: block HHI’s $2 bil

EU set to block HHI’s $2 bil. acquisition of DSME

acquisition of DSME

Despite Hyundai Heavy Industries’ (HHI) submission of a number of solutions to address concerns over fair competition among large container vessel builders, the European Union has reached a consensus to block its proposed acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), two sources involved with the matter said Tuesday.