Credit: Hanwha Group
SINGAPORE—Hanwha Group has increased its stake in Korea Aerospace Industries (KAI) to 15.89%, triggering a mandatory merger review filing with the Korea Fair Trade Commission (KFTC). Hanwha Systems acquired a further 3.45% of KAI shares on the open market, bringing its stake to 4.98%. Hanwha...
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Hanwha Increases KAI Stake Beyond 15% is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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