HD Hyundai Marine to Acquire Goltens New York, 41% of Oslo Unit for KRW331.5 Billion
MT Newswires Live
Yesterday
HD Hyundai Marine Solution (KRX:443060) said it plans to acquire all shares of Goltens New York Corp. and a 41.07% stake in Goltens Oslo AS for 331.5 billion won, according to a Friday filing with the Korea Exchange.
The South Korean marine engineering company said the transaction will be funded with cash from its initial public offering proceeds and will strengthen its business competitiveness, secure global technical service capabilities, and its overseas service network.
The acquisition is scheduled to close on Feb. 28, 2027.
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