Korea's Hanwha acquires 9.9% stake in Australian shipbuilder Austal

Korea's Hanwha acquires 9.9% stake in Australian shipbuilder Austal

FILE PHOTO: The logo of Hanwha is seen in Davos, Switzerland, May 22, 2022. Picture taken May 22, 2022. REUTERS/Arnd Wiegmann/File Photo

South Korean conglomerate Hanwha now owns a 9.9% stake in Australian shipbuilder Austal, an exchange filing showed on Tuesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter