AlphaBIZ - Hanwha-Daewoo Shipbuilding & Marine Engineering, business combination imminent... ′Hanwha Ocean′ to be launched next month at the earliest

This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology

대우조선해양_한화 (사진=대우조선해양)

 

[Alpha Biz=(Chicago) Reporter Kim Jisun] The business combination between Hanwha and Daewoo Shipbuilding & Marine Engineering is imminent. Hanwha Ocean is expected to be officially launched as early as next month.

According to related industries on the 24th, the Fair Trade Commission (FTC) will decide whether to combine Hanwha and Daewoo Shipbuilding on the 26th.

Hanwha affiliates will invest 2 trillion won in new funds to acquire Daewoo Shipbuilding's new shares and secure a 49.3% stake. Hanwha Aerospace (1 trillion won), Hanwha System (500 billion won), Hanwha Impact Partners (400 billion won), and two Hanwha Energy subsidiaries (100 billion won) will participate in the paid-in capital increase.

After the acquisition, Daewoo Shipbuilding & Marine Engineering will become a subsidiary of Hanwha Aerospace, the center of Hanwha Group's defense business. Regarding the mission, Hanwha Shipbuilding & Marine Engineering applied for provisional registration earlier, but Hanwha Ocean is said to be the most likely candidate recently.

 

 

AlphaBIZ 김지선(stockmk2020@alphabiz.co.kr)