Hanwha Gains Approval to Lift Stake in Austal – What Does It Mean for Australia’s Defence Future?
0:45
YouTubeKalkine Media
Hanwha Gains Approval to Lift Stake in Austal – What Does It Mean for Australia’s Defence Future?
Treasurer Jim Chalmers has officially approved South Korea’s Hanwha to raise its stake in Australian shipbuilder Austal from 9.9% to 19.9%, following more than nine months of national security and defence reviews. Although Austal rejected Hanwha’s earlier $1 billion takeover bid, the Korean defence giant remained invested, ultimately ...
1 day ago
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