Hanwha Group Raises Korea Aerospace Stake Above 15% Triggering Antitrust Review
Hanwha Group’s holding in Korea Aerospace Industries has moved to 15.89%, crossing the 15% level that requires an antitrust review filing. Hanwha Aerospace holds 9.9% and Hanwha Aerospace USA 1.01%. The purchase follows Hanwha Systems’ plan to buy up to 500 billion won of KAI shares this year. Hanwha says it has no management control, enabling a simplified FTC process.