But the ASX-listed shipbuilder said the approval from US foreign investment officials claimed by the Korean conglomerate was ...

South Korea’s top defense contractor, Hanwha Group, has cleared a major regulatory hurdle in its effort to enter the U.S.

Hanwha currently holds a 9.9 per cent equity position in Austal, and a further 9.9 per cent economic interest through a cash settled total return swap. Hanwha has applied to Australia’s Foreign ...

Korea's Hanwha Group said Tuesday it has received approval from the U.S. government to acquire up to a 100 percent stake in ...

Hanwha Group received the OK from the U.S. Committee on Foreign Investment (CFIUS) to increase its shareholding in Australian ...

Hanwha is pushing for the acquisition of the Australian defense and shipbuilding corporation Austal, and the review by the ...

Hanwha Group, which seeks U.S. and Australian regulatory approval to increase its stake in Austal to 19.9% from 9.9%, said Tuesday that the Committee on Foreign Investment in the U.S. had cleared the ...

Hanwha has received approval from the Committee on Foreign Investment in the United States (CFIUS) to go to 19.99 per cent or ...

Hanwha purchased a 9.9 percent stake in Austal, which owns the Austal USA yard in Mobile, Ala., that builds the Navy’s Littoral Combat Ships, Expeditionary Fast Transports, new T-AGOS(X ...

SYDNEY—South Korea’s Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover, saying it now aims to become a long-term strategic partner to ...

The Austal board was not approached by Hanwha in advance of a sharemarket raid on Monday that netted it 9.9 per cent of the stock. Seoul-headquartered Hanwha said on Tuesday that it would seek ...

Shares of South Korean defense company Hanwha Aerospace and its siblings rallied, after their parent claimed to have won Washington's approval to boost its stake in Austal, an Australia-based U.S ...