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Hanwha Seeks Austal USA Acquisition

Hanwha Group is accelerating its push into the North American defense market by seeking to acquire a 100% stake in Austal USA, which produces U.S.

  • Hanwha Group proposes to acquire Austal USA for $1.05 billion to $1.2 billion.
  • Acquisition would focus on Austal USA's U.S. operations, excluding international ventures.

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