EconomyHanwha offers up to $1.2 billion for Austal’s US operations
Australian shipbuilder Austal says Hanwha Group has offered as much as $1.20 billion to acquire its US operations. The South Korean conglomerate is seeking to broaden its presence in the American defence market. The proposal centres on Austal’s activities in the United States and represents a potential expansion for Hanwha there.
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Reuters★★★☆☆2026-08-11 03:20Original
Hanwha offers up to $1.2 billion for Austal’s US operations
Economy