Hanwha Group acquires Philly Shipyard, marking entry into U.S. Shipbuilding Market

Hanwha Group has made a significant move into the U.S. shipbuilding industry by acquiring 100% of the shares of Philly Shipyard, a prominent shipbuilding facility located in Philadelphia. The acquisition, finalized on June 20, involved Hanwha Systems and Hanwha Ocean and amounted to $100 million, approximately 138 billion won. This strategic purchase marks Hanwha Group […]

South Korea's Hanwha aims to buy Philly Shipyard for $100 million

washingtontimes.com - 21/Jun 15:14

South Korea's Hanwha Group and its shipbuilding subsidiary have offered $100 million in a deal to purchase the historic Philly Shipyard from its...

South Korean Firm Acquires Philly Shipyard in $100 Million Deal

thedeepdive.ca - 21/Jun 14:41

South Korean defense contractor Hanwha Systems and its affiliate Hanwha Ocean have agreed to acquire Philly Shipyard in Philadelphia,...

Hanwha to acquire Philly Shipyard

shippingherald.com - 21/Jun 07:17

Philly Shipyard has entered into a share purchase agreement with both Hanwha Systems and Hanwha Ocean (together “Hanwha”), for the purchase of...

e& enterprise acquires GlassHouse, a leading managed cloud and SAP Infrastructure services provider, marking strategic entry into the Turkish market

biztoday.news - 25/Jun 13:51

ABU DHABI: e& enterprise, the digital transformation vertical of e&, today announced 100 per cent acquisition of GlassHouse, a leading Türkiye-based...

NCBA Acquires 100% Stake In AIG Insurance

businesstimes.co.ke - 01/Jul 13:53

NCBA Group PLC (NCBA) has announced the completion of its 100% acquisition of AIG Kenya

Green Bay Packaging Acquires SMC Packaging Group

papermart.in - 18/Jun 06:35

Green Bay Packaging looks forward to expanding its operations with Missouri with acquisition of SMC Packaging Group. Jun 14, 2024 Green Bay Packaging...

Evergreen group and UBB Investment Bank forge multimillion-dollar merger deal

nst.com.my - 01/Jul 10:00

KUALA LUMPUR: Singaporean company Evergreen Group Holdings has entered into a strategic partnership agreement with UBB Investment Bank (UBBIB),...

Archer acquires Moreld Ocean Wind

energy pedia.com - 01/Jul 15:12

Archer has entered into an agreement with Remold Invest to acquire 100 percent of the shares in the floating offshore wind solutions provider Moreld...

Pattern Energy Signs Power Purchase Agreement for Broughton Wind Project in Québec

ilrtoday.ca - 18/Jun 23:14

Press Release June 18, 2024 MONTREAL-Pattern Energy Group LP (Pattern Energy), a leader in renewable energy and transmission infrastructure, announced...

Strategic R&D alliance formed to standardise materials for Liquefied Hydrogen Ships

cyprusshippingnews.com - 19/Jun 06:50

South Korea’s top three shipbuilders and two steelmakers, along with the Korean Register (KR), have formed a strategic R&D alliance to secure...

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