×

What are you searching for?




News

4 Min read

Hanwha and DSME agree to a conditional takeover for W2tr.

Published On 27 Sep 2022 02:59 PM


SHARE THIS ARTICLE  


Hanwha Group, a South Korean defense to energy conglomerate, announced on Monday that it had signed a conditional memorandum of understanding with Daewoo Shipbuilding & Marine Engineering to acquire a controlling stake of 49.3 percent and managerial control of the shipbuilder, which has been under state supervision for 21 years.

According to the government-run Korea Development Bank, the agreement calls for Hanwha's six affil....


Tags : Hanwha Group, South Korea, W2tr, DSME,
SHARE THIS ARTICLE  

Leave a comment 

comments (0)