HD Hyundai Heavy Industries (HHI) said Tuesday that its employees filed a lawsuit last Friday against Hanwha Ocean’s executives and employees for defamation by spreading false information.
The Australian government is not concerned about a possible acquisition of shipbuilder Austal by South Korea’s Hanwha Group and is unlikely to stand i.
HD Hyundai Heavy Industries (HHI) and Philly Shipyard agreed to cooperate in the U.S. naval ship market, the HD Hyundai subsidiary said Wednesday, months after the Korean shipbuilder’s chief rival, Hanwha Ocean, indicated its intention to acquire the Philadelphian shipyard.
Hanwha Life will acquire a 40 percent stake in Nobu Bank in Indonesia, under a plan to expand into Southeast Asia and leap as a global financial group.