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KFTC Approves Hanwha’s Stake Purchase in Korea Aerospace Industries

Korea Aerospace Industries logoKorea Aerospace Industries
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The Korea Fair Trade Commission approved Hanwha Group’s acquisition of a 15.89% stake in Korea Aerospace Industries through Hanwha Aerospace, Hanwha Systems, and Hanwha Aerospace USA. The regulator found the holding is not enough for substantial influence over KAI’s overall management and said a full merger review was unnecessary. Additional share purchases could trigger further review as the companies expand aerospace cooperation.

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