Singapore Begins Review of Proposed Hanwha Acquisition of DSME
2023-01-26 10:01

Singapore Begins Review of Proposed Hanwha Acquisition of DSME

by Hristijan Ivanov
Singapore Begins Review of Proposed Hanwha Acquisition of DSME

"The Competition and Consumer Commission of Singapore is commencing a review of the proposed acquisition of South Korea’s Daewoo Shipbuilding & Marine Engineering by the Hanwha Group. While saying that they believed Hanwha’s acquisition of 49.33 percent of the stock of DSME would have little impact on competition in Singapore, the companies were required to file an application to the committee in part because Hanwha has operations in Singapore" See the original story at: The Maritime Executive.

Source: The Maritime Executive