Hanwha Group's $1.45 billion takeover of DSME cleared by South Korea

South Korea's Fair Trade Commission approved Hanwha Group's 2-trillion-won ($1.45 billion) acquisition of a 49.3% stake in Daewoo Shipbuilding & Marine Engineering (DSME), with conditions to resolve anti-competition concerns.

“South Korea’s Fair Trade Commission (FTC) on Thursday gave its nod for Hanwha Group’s 2-trillion-won ($1.45 billion) takeover of Daewoo Shipbuilding & Marine Engineering Co. (DSME) on conditions of resolving anti-competition concerns.”kedglobal.com

• 1 source
• kedglobal.comKorea clears way for Hanwha's $1.45 bn takeover of DSME - KED GlobalHyung-Kyu KimApr 27, 2023

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