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Australia s Austal rejects Hanwha takeover bid over approval concerns

Austal cited its defence contracts in the US and Australia as a point of concern regarding regulatory approval of the proposed acquisition.

South koreaUnited kingdomSouth koreanDavid kimHanwha oceanHarland wolffCompany profilesCompany profileAustralian department of defenceAustralian departmentStrategic shipbuilding agreementUnited kingdom australiaForeign investment review boardBorder force

Austal confirms getting a takeover offer from Hanwha Ocean

Austal confirms getting a takeover offer from Hanwha Ocean
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United statesHanwha oceanKorea hanwha ocean co ltdDepartment of defenceAustal limitedSecurity agencyCommittee on foreign investmentCommonwealth department of defenceHanwha groupNavy carlos del toroBoard of austalHanwha ocean writtenAustal united statesIndicative proposalForeign investment review boardForeign investment

Austal Rejects Unsolicited Offer from Hanwha Citing Regulatory Uncertainty

Australian shipbuilding Austal is confirming in a statement Tuesday morning from its Perth headquarters that it received a takeover proposal from Sou.

Western australiaUnited statesKorea hanwha groupUs navySouth koreaHanwha groupForeign investment review boardStrategic shipbuilding agreementDaewoo shipbuildingMarine engineering

Austal confirms receipt of proposal from Hanwha

Austal confirms it has received an unsolicited, conditional and non-binding indicative proposal from Hanwha Ocean to acquire Austal

United statesCommonwealth department of defenceAustal limitedSecurity agencyDepartment of defenceCommittee on foreign investmentHanwha ocean co ltdIndicative proposalForeign investment review boardForeign investmentHanwha boardAustal boardAustralian governmentStrategic shipbuilding agreementCommonwealth department

Australia s Austal rejects Hanwha takeover bid over approval concerns

Australian shipbuilder Austal has rejected a takeover bid by Hanwha Ocean, citing uncertainty over regulatory approval of the acquisition.

South koreaUnited kingdomSouth koreanHanwha oceanHarland wolffDavid kimCompany profilesAustralian department of defenceCompany profileAustralian departmentStrategic shipbuilding agreementUnited kingdom australiaForeign investment review boardBorder force

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