The Korea Herald

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Hanwha Thales is now Hanwha System

By 황유미

Published : Oct. 11, 2016 - 17:48

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[DISCLOSURE] Hanwha Thales announced on Oct. 11 that Thales International has sold its entire 50 percent stake (13.5 million shares) to Hanwha Techwin (012450) for 288 billion won (US$259.58 million). Hanwha Techwin now owns 100 percent stake in its affiliate and the name has been changed to Hanwha System.

(theinvestor@heraldcorp.com)