💨 Abstract

Singapore's competition regulator has approved the S$790.6 million takeover of oil contractor Dyna-Mac by South Korea's Hanwha Group. The deal, which includes Dyna-Mac's two oil and gas manufacturing facilities and floating production storage and offloading vessels, is unlikely to significantly impact competition in offshore plants, according to the Competition and Consumer Commission of Singapore.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖