05/05/2008 (Agence Europe) - On Monday 5 May the European Commission approved the proposed acquisition of control of the Norwegian shipbuilder Aker Yards by STX of South Korea. After an in-depth investigation, launched in December 2007 following a complaint by a third party, the Commission concluded that effective competition on the shipbuilding markets would not be significantly impeded as a result of the proposed transaction. STX is a Korean shipbuilder mostly active in building various...