A South Korean shipbuilder this week purchased a stake in the Australian company that owns one of the major U.S. naval ...

The US Navy is an inescapable presence for Austal’s board and management as it strategises how to coexist with its ...

Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover, saying it now aims ...

Hanwha Group is investing approximately 300 billion won ($206.4 million) to acquire about 20% stake in Austal, an Australian ...

J.P. Morgan analyst Russell Gill maintained a Hold rating on Austal Limited (AUTLF – Research Report) on March 17 and set a price target of ...

It is capitalised at $1.6 billion on the ASX and shares have more than doubled in the past year, including a 45 per cent gain ...

Korea's Hanwha aims to buy up to 9.9% of Australian shipbuilder Austal in an after-market offer following its failed A$1.02 ...

Austal chairman Richard Spencer has blasted South Korea’s Hanwha Group over its renewed attempts to gain control of the navy ...

The conglomerate had walked away from the Perth-headquartered company in September. It was in the market for 9.9 per cent of ...

Austal has tapped Euroz Hartleys to raise up to $220m by way of a placement and a share purchase plan. It comes as shares in ...

SYDNEY (Reuters) -- South Korea's Hanwha aims to buy up to 9.9% of Australian shipbuilder Austal in an after-market offer ...

SYDNEY—South Korea’s Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover, saying it now aims to become a long-term strategic partner to ...