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Photo = Hanwha Energy |
[Alpha Biz= Reporter Kim Jisun] On the 6th, Hanwha Energy announced that it will acquire a 7.25% stake in Hanwha, held by Korea Zinc, at a price of 27,950 KRW per share.
Following the transaction, Hanwha Energy's ownership of Hanwha will increase from 14.90% to 22.16%, making it the second-largest shareholder after Hanwha Chairman Kim Seung-yeon.
Hanwha Energy emphasized that the transaction was mutually agreed upon by both companies and is in the best interest of both parties. The deal is also expected to eliminate the possibility of a market sale of Korea Zinc's Hanwha shares, which could enhance the interests of general shareholders.
Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)
