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Austal declines unsolicited Hanwha offer, citing regulatory obstacles

Austal Limited has confirmed the reception of an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co, Ltd (Hanwha) to acquire Austal through a scheme of arrangement.
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AI & Manufacturing Month with Australian Manufacturing

As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape.Â