CLAVE 1 / 4Wildcat Infrastructure has tabled a non-binding $1.25–1.35bn bid for Austal USA, $50m above Hanwha’s top offer.
CLAVE 2 / 4Austal’s US arm has delivered 34 ships to the US Navy and holds a $10bn contract backlog.
CLAVE 3 / 4The deal hinges on four weeks of due diligence and US government approval.
CLAVE 4 / 4Austal shares surged 9% after the bid was disclosed.
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