Hyundai Heavy Buys Stake in Brazilian Yard
According to a Feb. 4 report from JoonAng Daily, Hyundai Heavy Industries has signed a deal to acquire a 10 percent stake in the Brazilian shipbuilder OSX Estaleiros in order to secure more ship orders and insulate itself against the country’s rising buy-Brazilian agenda, Hyundai said.(Source: JoongAng Daily)
Hyundai Heavy Buys Stake in Brazilian Yard