A South Korean shipbuilder this week purchased a stake in the Australian company that owns one of the major U.S. naval ...

Citi analyst Sam Teeger maintained a Hold rating on Austal Limited (AUTLF – Research Report) today and set a price target of A$4.09. The company’s shares closed last Friday at $2.75.

Bell Potter analyst Daniel Laing maintained a Buy rating on Austal Limited (AUTLF – Research Report) today and set a price target of A$4.45. The company’s shares closed today at $2.35.

Korea's Hanwha aims to buy up to 9.9% of Australian shipbuilder Austal in an after-market offer following its failed A$1.02 billion ($646.17 million) takeover b ...

David Rowe Austal is betting that the specialness of its story – building ships for Donald Trump’s America, the thing that has had its shares racing and fuelled takeover interest – can ...

After completing their final sailings for P&O Cruises Australia, the Pacific Adventure and the Pacific Encounter are ...

Austal has launched a $220 million capital raising to support its US operations, after which major shareholder Tattarang will get a board seat, while founder John Rothwell is selling down. He sold 1 ...

Gift 5 articles to anyone you choose each month when you subscribe. Austal, the ASX-listed shipbuilder that attracted four suitors over 2023 and 2024 but couldn’t pin down a bid, was rattling ...

SYDNEY--South Korea's Hanwha Group has taken a 9.9% stake in Australia's Austal.

Hanwha Group is investing approximately 300 billion won ($206.4 million) to acquire about 20% stake in Austal, an Australian ...

The Forrest family, through their private company Tattarang, own 19.9 per cent of Austal and committed to taking up their pro-rata share in the raising at a cost of more than $40m. Tattarang boss ...

It comes as Austal’s founder, John Rothwell, sells shares, offloading $50m of shares, should the deal be fully subscribed, and the remaining shares will be subject to a six month escrow arrangement.