Hanwha makes up to $1.2 bln bid for Austal's U.S. unit
--------------------------------------------------------------------
Source: South Korea
Published: 2026-08-11 11:27 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, Military & Defence, South Korea, Australia, Economy & Finance, Financial Markets, Business & Economy, Asia Pacific
--------------------------------------------------------------------
Snippet:
SEOUL, Aug. 11 (Yonhap) -- The U.S. defense unit of South Korea's Hanwha Group said Tuesday it has made a preliminary offer to acquire the U.S. business of Australian defense shipbuilder Austal as part of efforts to expand its presence in the U.S. market.
--------------------------------------------------------------------