European Commission approves merger of German shipbuilders TKW, HDW

The European Commission has authorized ThyssenKrupp Werften GmbH (TKW) to buy Howaldtswerke-Deutsche Werft AG (HDW), saying the merger of the shipbuilders won't harm competition. TKW controls the German shipyards Blohm & Voss and Nordseewerke Emden, which build civilian ships and military vessels...

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