Latest news about Merger in The Nomad Today

13 January 2022, Belgium, Brussels: EU Commissioner responsible for a Europe fit for the Digital Age Margrethe Vestager speaks during a press conference at the European Commission headquarters. The EU's competition regulator blocked the takeover of the South Korean shipbuilder Daewoo (DSME) by its competitor Hyundai Heavy Industries (HHIH). Photo: Valeria Mongelli/ZUMA Press Wire/dpa

Economy & Business

INDUSTRY

EU regulator blocks merger of two South Korean shipbuilders

The Nomad Today/dpa 1/13/22

"The merger of HHIH and DSME would have created a dominant position in the world market for the construction of large liquefied natural gas carriers, on which European transport companies rely,"…

11/08/2021. The Minister of Territorial Policy and Government spokesperson, Isabel Rodríguez at the press conference after the Council of Ministers. Photo: La Moncloa.

Spain

POPULAR CONSULTATION

Government allows a referendum on merger of two Spanish cities

The Nomad Today 11/9/21

The permission will allow the Extremadura municipalities of Don Benito and Villanueva de la Serena to convene a popular consultation on their merger

EU Competition Commissioner Margrethe Vestager talks to a press conference. Image: screenshot from EU Commission video.

Economy & Business

BUSINESS

EU proposes new powers to block foreign subsidies in mergers, tenders

The Nomad Today/dpa 5/5/21

Chinese state support for business is a particular sore point for the EU, which for decades has applied strict competition rules to domestic companies.

Finland

HEALTH RESEARCH

Finland to integrate vaccine efforts into new research company

The Nomad Today 11/18/20

The government proposes to establish a company to integrate the clinical vaccine research of THL and Tampere University. In addition, the new company is hoped to attract more research…