The Korea Herald

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Hanwha Techwin acquires stake in Pratt & Whitney’s Singapore arm

By KH디지털2

Published : Sept. 23, 2016 - 10:05

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[DISCLOSURE] Hanwha Techwin (012450) said on Sept. 22 that it decided to acquire 30 percent stake (6,300,000 shares) in US-based aerospace manufacturer Pratt & Whitney’s Singapore subsidiary, P&W NGPF Manufacturing Company Singapore Ltd. 

The amount of the contract is to remain confidential in accordance with the nondisclosure agreement.

By Jung Min-kyung (mkj1105@heraldcorp.com)