Hanwha Group moves to acquire shipbuilder DSME
South Korea’s Hanwha Group announced on 26 September that it has entered into a preliminary agreement with Daewoo Shipbuilding & Marine Engineering (DSME), one of the country’s largest commercial and naval shipbuilders, to acquire a 49.3% stake and management rights for two trillion won (US$1.4 billion). Per the conditional memorandum of understanding (MoU) signed between […]
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