Hanwha Techwin Set to Take Over Doosan’s Defense Unit

SEOUL, March 30 (Korea Bizwire) – Hanwha Techwin Corp., a defense unit of major South Korean business group Hanwha, is set to take over a defense affiliate under power and construction equipment conglomerate Doosan, for 700 billion won (US$600 million), industry sources said Wednesday. Hanwha Techwin was picked as the preferred bidder for Doosan DST, beating [...]