South Korean defense unions oppose Hanwha’s pursuit of KAI management control
AI Summary- LIG D&A and KAI unions jointly opposed Hanwha’s pursuit of management control at KAI.
- Hanwha holds 15.89% of KAI through Hanwha Aerospace and Hanwha Systems.
- Korea’s Fair Trade Commission approved the share acquisition on August 31, subject to possible future review.