https://splash247.com/hanwha-strikes-100m-deal-for-philly-shipyard/ South Korean conglomerate Hanwha has finalized an agreement to acquire the Aker-controlled US shipbuilder Philly Shipyard for $100 million in cash. The sale, announced by the Oslo-listed shipyard, involves Hanwha Systems and Hanwha Ocean. This transaction, anticipated to close in the fourth quarter of this year, includes a provision that allows for a price reduction if current project costs exceed $100
Philly Shipyard's Sale to Hanwha Set to Boost Strategic Shipbuilding Efforts
HD Hyundai Korea Shipbuilding & Offshore Engineering (KSOE)
COMPANY_GROUP
PHILLY SHIPYARD
SHIPYARD
Mergers And Acquisitions
Jun 21, 2024 · 10:32 UTC
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