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Austal confirms receipt of proposal from Hanwha - Vimarsana News

Austal confirms receipt of proposal from Hanwha

Austal confirms it has received an unsolicited, conditional and non-binding indicative proposal from Hanwha Ocean to acquire Austal

Austal Rejects Hanwha's Takeover Bid | Milestones - Vimarsana News

Austal Rejects Hanwha's Takeover Bid | Milestones

Austal Limited (Austal) confirms it has received an unsolicited, conditional and non-binding indicative proposal from Hanwha Ocean Co., Ltd. (Hanwha) to acquire Austal by way of a scheme of arrangement; at this time, Austal has chosen to not accept Hanwha’s bid.

ASB ASX: Australia's only naval shipbuilder Austal reaches a fork in the road amid debate about a US future - Vimarsana News

ASB ASX: Australia's only naval shipbuilder Austal reaches a fork in the road amid debate about a US future

There are plenty of big questions for Austal, and defence policy, as the likelihood of a private equity takeover increases and priorities shift to the US.

Source: afr.com