A US investment company submitted an expression of interest for Austal USA, Yonhap reported Wednesday. Hanwha Corporation (000880)'s group is also pursuing the US shipbuilder.
The new expression introduces another prospective buyer for the American unit of Australia's Austal. The supplied candidate text did not identify the US investor or state an offered price. It also did not report a signed sale agreement. Hanwha's interest in Austal USA predates the new submission.
Austal USA operates the American business under the Australian parent. The company's market capitalisation was ₩7.6 trillion at Wednesday's close.
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| Symbol | Last Price |
|---|---|
| 000880Hanwha Corporation | ₩142,000 +2.7% |