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Wednesday, October 14, 2026
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Austal shares jump as Hanwha gets more time to bid for US unit

Oct 14: Australian shipbuilder Austal said on Wednesday it had extended the due diligence period for Hanwha Group, allowing the South Korean conglomerate more time to formulate a formal offer for its US business, sending its shares sharply higher. Here are some details: • Austal said commercial negoti

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