Hyundai's $1.8 billion shipbuilding deal with Daewoo faces full EU probe - sources
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BRUSSELS (Reuters) - World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's $1.8 billion (£1.4 billion) merger with rival shipbuilder Daewoo will face a full-scale investigation in Europe due to serious EU antitrust concerns, two people familiar with the matter said on Monday. Hyundai in January announced the deal to create the world's biggest shipbuilder with a 21 percent market share, in part a response to over-capacity in the industry. The European Commission will..