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K9 self-propelled howitzers. (photo = Hanwha Aerospace) |
[Alpha Biz= Kim Jisun] KOSPI-listed Hanwha Aerospace announced on Monday that it plans to acquire an additional 22,375,216 shares of its affiliate Hanwha Ocean for approximately ₩1.3 trillion.
Upon completion of the acquisition, Hanwha Aerospace’s stake in Hanwha Ocean will increase to 30.4%. The transaction is scheduled to be finalized on March 13.
The company stated that the purpose of the stake expansion is to enhance synergies and strengthen responsible management.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
