Topic: Hyundai Heavy

Hyundai Heavy acquires Daewoo, employees furious

Shipbuilder Hyundai Heavy Industries has acquired its smaller rival Daewoo. Despite fierce opposition from employees, Hyundai and Daewoo’s major shareholder, the state-managed Korea Development Bank, signed a contract for the acquisition last week. If the...Read more
|Comment|author: Tobias Pieffers