The path has now been cleared in South Korea for Hyundai Heavy Industries (HHI) to take over local rival Daewoo Shipbuilding & Marine Engineering (DSME). State-run Korea Development Bank (KDB), which has a majority stake in DSME, said today Samsung Heavy Industries (SHI) has no intention of entering the race to buy DSME, leaving HHI […] ... read more
HHI takeover of DSME cleared, deal set to be signed next month
