Austal Australia refers to media on Monday, April 1, and confirms it has received an unsolicited, conditional, and non-binding indicative proposal from South Korean shipbuilder Hanwha Ocean to acquire Austal by way of a scheme of arrangement. Under the indicative proposal, Austal shareholders would receive AU$2.825 (US$1.84) cash per Austal share. Hanwha’s indicative proposal is […]
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