Hanwha Techwin cuts Korea Aerospace stake

Korea executes Asia’s first major ECM deal of 2016 as Hanwha Techwin sells stake in Korea Aerospace following the elapse a four-year sale ban.
Korea Aerospace-developed T-50 jet fighters
Korea Aerospace-developed T-50 jet fighters

Hanwha Techwin got Asian equity capital markets off and running in 2016 on Tuesday by launching a secondary sale of shares in Korea Aerospace Industries worth $235 million.

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