Korea's Hanwha aims to buy up to 9.9% of Australian shipbuilder Austal in an after-market offer following its failed A$1.02 billion ($646.17 million) takeover bid last year, a term sheet showed on ...

Korea's Hanwha aims to buy up to 9.9 percent of Australian shipbuilder Austal in an after-market offer following its failed AU$1.02 billion ($646.17 million) takeover bid last year, a term sheet ...

Yet, here we are on Tuesday. West Australian shipbuilder Austal has donned the hard hat, seeking to raise about $200 million and sell another $40 million worth of shares owned by its ageing ...

The investment follows reports suggesting that Hanwha is considering acquiring shares in Austal, after a previous bid for the company fell through last year. The acquisition is viewed as part of ...

SYDNEY--South Korea's Hanwha Group has taken a 9.9% stake in Australia's Austal. Hanwha on Tuesday said it had acquired 41.2 million shares in Austal, which operates in the U.S. as well as the ...

Austal’s stock closed 7.6% higher in Sydney on Tuesday after a subsidiary of Hanwha acquired a 9.9% stake in the firm and said it aspires to increase the holding to 19.9%. The stake purchase is ...

SYDNEY (Reuters) -- South Korea's Hanwha aims to buy up to 9.9% of Australian shipbuilder Austal in an after-market offer following its failed 1.02 billion Australian dollar ($646.17 million ...