Hanwha boosts KAI stake to 15.89% and seeks Korea FTC merger review

Hanwha Group has increased its stake in Korea Aerospace Industries (KAI) to 15.89%, triggering a mandatory merger review by the Korea Fair Trade Commission (FTC) under the Fair Trade Act. The FTC review will assess potential competition restrictions before Hanwha can expand further or take a more active management role, while government privatization decisions will also influence Hanwha's full acquisition plans.

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