Financial News

Exclusive: Hyundai in talks with EU on concessions over Daewoo deal – sources

BRUSSELS: World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd are in talks with EU antitrust regulators on concessions to allay competition concerns about its US$1.8 billion bid for rival shipbuilder Daewoo , people familiar with the matter said. The European Commission opened …

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