Hanwha Solutions (Photo: Hanwha Solutions)

[Alpha Biz= Reporter Kim Sangjin] Hanwha Energy, aiming to restructure Hanwha Group's governance, has successfully acquired a 5.2% stake in Hanwha Co., Ltd. through a public tender offer. This acquisition brings Hanwha Energy's total stake in Hanwha Co., Ltd. to 14.9%, up from the previous 9.7%.

The public tender offer, conducted from the 5th to the 24th of this month, saw approximately 3.9 million shares tendered. Although Hanwha Energy initially aimed to increase its stake to a maximum of 17.7% by purchasing 6 million additional shares, it only achieved about 65% of this target.

Hanwha Energy, fully owned by the three sons of Hanwha Group Chairman Kim Seung-yeon, now holds the second-largest share in Hanwha Co., Ltd. Chairman Kim remains the largest single shareholder with a 22.65% stake as of the end of last year.

 

 

 

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