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Austal rejects takeover offer from South Korean company

Australian shipbuilder, Austal, has rejected a substantial takeover offer from a large multi-profile business conglomerate headquartered in South Korea. Austal, which operates AustalUSA in Mobile, reportedly received an offer from Hanwha Ocean worth approximately $662 million.

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Korea reclaims crown from China as world s top shipbuilder | Hellenic Shipping News Worldwide

Korea reclaims crown from China as world s top shipbuilder | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Austal confirms getting a takeover offer from Hanwha Ocean

Austal confirms getting a takeover offer from Hanwha Ocean
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Austal Rejects Takeover Proposal from Hanwha Ocean

Austal Rejects Takeover Proposal from Hanwha Ocean
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Market closes in the red after testing news highs in early trading

The Australian share market ignored the softer lead from US markets overnight to test new highs in early trading, before late afternoon selling pushed the index into the red.

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