Hanwha Techwin says it agreed to buy Doosan defence unit for $603 mln

Doosan

08/04/2016 05:43

SEOUL, April 8 (Reuters) - Hanwha Techwin  012450.KS , a 
defence arm of South Korean conglomerate Hanwha Group, said on 
Friday that it has agreed to buy its domestic peer Doosan DST 
for 695 billion won ($603 million). 
    Hanwha Techwin said in a statement it's buying 100 percent 
of Doosan DST from its three part-owners: Doosan Co's 
 000150.KS  DIP Holdings, and finance firms Mirae Asset 
Management and IMM Investment.  
     
($1 = 1,152.6000 won) 
 
 (Reporting by Hyunjoo Jin; Editing by Kenneth Maxwell) 
 ((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters 
Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net)) 
 
Keywords: DOOSAN HANWHA TECHWIN/