Hanwha Aerospace Decides to Acquire Shares of Korea Aerospace Industries

Hanwha Aerospace (012450) announced on June 16 that it will acquire 33,875,330 shares of Korea Aerospace Industries for 5 trillion won through a cash acquisition method via intraday purchases, aiming to strengthen business collaboration. The acquisition is expected to be completed by December 31, 2026. Post-acquisition, Hanwha Aerospace will hold 97,223,210 shares, representing a 9.97% stake. The transaction will occur within the approved limit of 5 trillion won and may be adjusted based on purchase progress and market price fluctuations. As of its latest financial report, Hanwha Aerospace has total assets of 53.9537 trillion won, liabilities of 37.1655 trillion won, equity of 16.7882 trillion won, revenue of 26.7029 trillion won, operating profit of 3.893 trillion won, and net profit of 2.202 trillion won. The company, listed on KOSPI since August 1, 1977, specializes in defense and aerospace.