Singapore clears South Korean firm Hanwha's buyout of Dyna-Mac

Singapore clears South Korean firm Hanwha's buyout of Dyna-Mac

FILE PHOTO: The logo of Hanwha is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann/File Photo

Singapore’s competition regulator cleared South Korean conglomerate Hanwha Group’s S$790.6 million ($589.30 million) takeover offer for oil contractor Dyna-Mac on Friday.