Hanwha buys Austal stake

Capt. John

South Korea’s Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover.Hanwha on Tuesday said it had acquired 41.2m shares in Austal, paying A$4.45 a share. Hanwha said it aims to become a long-term strategic partner to the Australian shipbuilder...

https://splash247.com/hanwha-buys-austal-stake/

Leave a Comment