April 2 (Reuters) - Australia's Austal (ASB) said on Tuesday it had considered an A$1.02 billion ($661.88 million) takeover offer from South Korea's Hanwha Ocean 042660.KS and it was not satisfied that the deal would be approved by regulatory bodies in Australia and the U.S.
"The company is open to further engagement if Hanwha is able to provide certainty on whether a transaction would be approved," it said in a statement.
($1 = 1.5411 Australian dollars)
News: ASB Australia's Austal rejects $662 mln offer from Hanwha Ocean on regulatory concerns
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Last
$6.23 |
Change
0.150(2.47%) |
Mkt cap ! $2.630B | |||
| Open | High | Low | Value | Volume |
| $6.05 | $6.27 | $6.02 | $2.256M | 364.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3087 | $6.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.23 | 1221 | 22 |
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| Last trade - 13.38pm 29/07/2025 (20 minute delay) ? |
| ASB (ASX) Chart |