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Hanwha takes stake in KAI amid space push
Hanwha Group has acquired a 4.99 percent stake in Korea Aerospace Industries, Korea’s sole aircraft original equipment manufacturer, strengthening cooperation with the aerospace firm despite ongoing competition. According to a filing with the Financial Supervisory Service on Monday, Hanwha Aerospace and its subsidiaries acquired a combined 4.41 percent stake, while Hanwha Systems purchased an additional 0.58 percent, totaling 4.86 million shares. This is Hanwha’s first investment in KAI since Ha
17 Mar, 04:10 — 17 Mar, 04:10
