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,
comments (0)