Latest News for: austal

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Austal Benefiting from Trump Policies

MarineLink 02 Apr 2025
President Donald Trump's policies that have rattled stocks around the world are benefiting Australian shipbuilder Austal, analysts said on Wednesday ... The surge in Austal's shares comes amid Trump's call asking Australia and other U.S.
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Hanwha to invest $233 mil. in Australian subsidiary, eyeing Austal acquisition

Korea Times 18 Mar 2025
... takeover of Australian shipbuilder Austal ... The investment follows reports suggesting that Hanwha is considering acquiring shares in Austal, after a previous bid for the company fell through last year.
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South Korea’s Hanwha Takes Stake in Australian Shipbuilder Austal

Wall Street Journal 18 Mar 2025
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 ASX-listed shipbuilder ... .
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Hanwha buys Austal stake

Splash24/7 18 Mar 2025
South Korea’s Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover.
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Korean Giant Hanwha Acquires Austal Stake in Latest Push to Reshape U.S. Shipbuilding

gCaptain 18 Mar 2025
Shares of Australian shipbuilder Austal Ltd ... 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%.
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Hanwha Buys Stake in Austal as it Seeks to Expand U.S. Shipbuilding Role

The Maritime Executive 18 Mar 2025
naval market by renewing its interest in Austal. Six months after reporting it was discontinuing its efforts to acquire Austal, Hanwha today announced it is moving to become the largest shareholder in the Australia-based shipbuilder.
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Hanwha to invest 337 bln won in Australian subsidiary, eyeing Austal acquisition

Yonhap News 17 Mar 2025
SEOUL, March 17 (Yonhap) -- South Korean conglomerate Hanwha said Monday it will ....
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Hanwha Aims to Buy a Piece of Austal

MarineLink 17 Mar 2025
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 Monday.
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Hanwha aims to buy 9.9% of Australian shipbuilder Austal, term sheet shows

Korea Times 17 Mar 2025
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 showed on Monday.
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