Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » EU regulators set to block shipbuilder Hyundai’s Daewoo bid, sources say

    EU regulators set to block shipbuilder Hyundai’s Daewoo bid, sources say

    December 11, 2021
    Share
    Facebook Twitter LinkedIn WhatsApp

    Brussels — EU antitrust regulators are set to block South Korean shipbuilder Hyundai Heavy Industries’ bid for rival Daewoo after the companies declined to offer remedies to allay competition concerns, people familiar with the matter said.

    Hyundai, one of the largest shipbuilders in the world, said it expected unconditional European Commission clearance for the deal announced in 2019 in part due to overcapacity in the sector.

    • Reuters (Reporting by Foo Yun Chee, Editing by Louise Heavens)

    O

    Follow us on twitter

    Related News

    Onne Terminal boosts community ties with Solar-Powered water project

    Nigeria, India strengthen Customs synergy at WCO policy talks

    RMDB meets stakeholders, unveils ambitious maritime development blueprint

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    Nigeria backs TotalEnergies on dormant assets, oil production boost

    June 25, 2025

    Global energy demand hits record high as renewables soar

    June 25, 2025

    Ghana approves $2.8bn debt relief deal with creditor nations

    June 25, 2025

    SLB partners with Cactus to advance autonomous drilling solutions

    June 25, 2025

    Niger miners say output will continue at nationalised uranium mine

    June 25, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.