[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Oh Hyung-gil] Hanwha Aerospace stated during the Q3 earnings conference call on the 31st that regarding the acquisition of Daewoo Shipbuilding & Marine Engineering, "Due diligence for the acquisition is currently underway," and "After a due diligence process lasting up to six weeks, the final contract is scheduled to be signed."



They added, "Subsequently, after undergoing the merger review by the Fair Trade Commission and other government agencies, we plan to complete the acquisition within the first half of next year."


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