Exclusive: Hyundai’s $1.8 billion deal with Daewoo faces EU probe – sources

World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with rival shipbuilder Daewoo is expected to face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday.

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Source:: Reuters – Business News