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Hanwha’s Austal Stake Boost: What’s Really Approved by US and Australia?

11:31am on Tuesday 10th of June, 2025 AEST Defence
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Hanwha’s Austal Stake Boost: What’s Really Approved by US and Australia?

11:31am on Tuesday 10th of June, 2025 AEST
Key Points
  • Hanwha claims CFIUS approval to increase Austal stake to 100%
  • Austal’s independent verification questions the scope of US approval
  • Hanwha currently holds 9.9% equity plus 9.9% economic interest
  • Application to FIRB for 19.9% stake under review
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