Hints and tips:
...South Korean officials told the Financial Times that the two SI Innotec employees, who previously worked for Daewoo Shipbuilding and Marine Engineering, have been accused of obtaining dozens of pages of...
...Officials told the Financial Times that a proposed merger between Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries would be stopped as anti-competitive....
...Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries, which both reported net losses in 2021, also said they expected to notch up profits this year....
...Nintendo’s family office burst on to Tokyo’s financial scene in April with a surprise buyout proposal for a 93-year-old marine engineering company called Toyo Construction, in which it had built a 27 per...
...South Korean shipbuilder Hyundai Heavy plans to take over local rival Daewoo Shipbuilding & Marine Engineering for $2bn. This could have a big impact on the world’s stretched energy supply chains....
...“Continued portfolio optimisation is vital,” Cevian co-founder Christer Gardell told the FT....
...The country’s so-called “Big Three” shipyards — Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering — closed between 6 and 18 per cent higher in Seoul trading...
...Shares in South Korea’s so-called “Big Three” shipbuilders — Hyundai Heavy Industries, Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering — soared in Seoul on Tuesday after Qatar Petroleum...
Brussels opens in-depth investigation into Hyundai Heavy and Daewoo Shipbuilding merger
...Engineering....
...Hyundai Heavy Industries, the world’s largest shipbuilder, has signed a conditional deal to buy second-ranked Daewoo Shipbuilding & Marine Engineering, in what could be the industry’s biggest acquisition...
...South Korean policymakers have been keen to consolidate the country’s overcrowded shipbuilding industry ever since they began rescuing troubled manufacturers, including Daewoo Shipbuilding & Marine Engineering...
...The country’s small and mid-sized shipyards are still reeling from mounting losses and huge debts while its three biggest shipbuilders — Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering...
...Bigger Korean shipbuilders are boosting their competitiveness through consolidation with industry leader Hyundai Heavy Industries set to acquire second-ranked Daewoo Shipbuilding & Marine Engineering....
...As signs of a global recovery emerge, the country’s big three shipbuilders — Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries — have also cleaned up their balance...
...The Asian country is home to the world’s three biggest shipbuilders — Hyundai Heavy, Daewoo Shipbuilding and Marine Engineering and Samsung Heavy Industries....
...Samsung Heavy Industries slid 2.4 per cent and Daewoo Shipbuilding and Marine Engineering shed 4.1 per cent, underperforming a 0.5 per cent gain for the benchmark Kospi Composite index....
...Rival Daewoo Shipbuilding & Marine Engineering climbed 12 per cent Wednesday and Samsung Heavy Industries 11 per cent in the past four sessions as investors and analysts come to believe this sector is poised...
...The bleak outlook pulled down shares in rival shipyards, with Hyundai Heavy Industries falling 4.3 per cent and Daewoo Shipbuilding and Marine Engineering shedding 3.3 per cent in a broader market that was...
...Shares in Daewoo Shipbuilding & Marine Engineering shed close to two thirds of their value on Monday as the world’s second-largest shipbuilder traded for the first time in 15 months....
...The Kospi index in Seoul was up 0.2 per cent but shares in Daewoo Shipbuilding & Marine Engineering shed close to two thirds of their value on Monday as the world’s second-largest shipbuilder traded for...
...Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering, two of the world’s three biggest shipbuilders, are in the final stages of talks with the Switzerland-based shipping group to build 11...
Daewoo, Hyundai and Samsung look to be coming out of a prolonged slump
...South Korea’s government on Thursday announced a fresh Won2.9tn ($2.6bn) financial support for cash-strapped Daewoo Shipbuilding and Marine Engineering as the world’s second-largest shipbuilder continued...
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