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Shipbuilder Austal rides military spending wave, shares defy market slump
01 Apr 2025 23:22 GMT
… Australian shipbuilder Austal, analysts said on Wednesday. Shares of the … tariffs. The surge in Austal's shares comes amid Trump… see more order activity for Austal from Australia," said … markets lately, further boosting Austal's allure for …
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Austal shares retreat from record after $220 million raising
12 Mar 2025 01:44 GMT
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Hanwha Aerospace Shares Slump on $2.5 Billion Share Sale Plan
21 Mar 2025 00:59 GMT
… years. Most Read from Bloomberg Shares of the South Korean weapons … to issue almost 6 million shares at 605,000 won apiece … .9% stake in Australian shipbuilder Austal Ltd., and seeks to raise …
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South Korean Shipbuilder Hanwha Buys 9.9% Stake in Australia’s Austal
20 Mar 2025 04:16 GMT
… ’s purchase of the Austal shares on the open market … “Austal USA is aware of Hanwha’s recent purchase of Austal shares,” … Larry Ryder, Austal USA’s vice … require government authorization because Austal builds ships for both …
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Hanwha Group’s interest in Austal renews takeover talk
19 Mar 2025 06:35 GMT
… Austal saw the Korean conglomerate acquire 41.2 million shares … was never tested.
Austal refused due diligence over doubts … Tattarang share brokers view that Austal is undervalued.
Meanwhile, … Partners.
Recent results
Austal shares have been on a tear …
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Hanwha Buys Stake in Austal as it Seeks to Expand U.S. Shipbuilding Role
18 Mar 2025 22:42 GMT
… 9.9 percent of Austal’s shares in open market transactions … was proposing to acquire Austal, but the Australian shipbuilder … the closing price of Austal’s shares on Monday to increase … defense industry capabilities can provide Austal with capital, network, …
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Hanwha eyes U.S. warship market with $233 million investment in Austal
18 Mar 2025 09:41 GMT
… U.S. shipyard in Alabama [AUSTAL]
NEWS ANALYSIS
Korean … of Australia-based shipbuilder Austal, allocating 337.8 billion … to fund the acquisition of Austal shares, the two companies said …
Although based in Australia, Austal derives 80 percent of its …
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Hanwha acquires 9.9% of Austal, seeks approval for additional investment
18 Mar 2025 00:37 GMT
… smart shipbuilding will provide Austal access to capital, international … replicate that success with Austal, investing in sovereign capabilities … ’s purchase of Austal shares comes after Austal rejected a buyout … up to 19.9% of Austal shares.
Naval News‘ has …
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Hanwha Acquires 9.9% Stake in Austal to Expand Global Defense Presence
18 Mar 2025 10:42 GMT
… in expanding its international footprint.
Austal, headquartered in Australia, is … .9% stake investment in Austal, underscoring the regulatory processes … 60% and 40% of the shares, respectively. This move … investor, Hanwha will support Austal's growth and …
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Korea’s Hanwha buying 9.9% stake in Australian shipbuilder Austal
17 Mar 2025 21:51 GMT
… 9.9% of Australian shipbuilder Austal on Monday in an after … each for 41.2 million Austal shares, according to the term sheet …