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Hyundai's $1.8 billion deal with Daewoo hits EU antitrust hurdle

Hyundai's $1.8 billion deal with Daewoo hits EU antitrust hurdle

World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd's $1.8 billion merger with rival Daewoo could inflate prices, EU antitrust regulators warned on Tuesday as they opened a full-scale investigation.