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Austal chief ‘surprised’ as government green-lights major Hanwha investment
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Austal chief ‘surprised’ as government green-lights major Hanwha investment
Words by Joseph Carbone at The Australian. Austal (ASX:ASB) chief executive Paddy Gregg said it was “surprising” his company wasn’t included in the eight-month consultation process which preceded the Labor government giving South Korean giant Hanwha the seal of approval to buy up to 19.9 per cent of the listed shipbuilder. “I guess that’s the process,” Mr Gregg told a press conference on Friday. “So we’ve got to accept it … it’s a little surpris…
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