Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Hanwha Techwin's JV Deal with Pratt for Production of Critical Engine Parts

Hanwha Techwin Divestiture - Details & Follow-Up Actions

Hanwha Techwin Valuation Study - 73.3% Price Upside with 1.2x PSR & 1.5x PBR

Hanwha Techwin's Another Mega M&A Deal: Capitalizing on Escalating Military Tension

Event-Driven

<p>Hanwha Techwin officially said that it would buy Thales' 50% stake in their unlisted JV Hanwha Thales (KRW718bil in sales and KRW29bil in OP in 2015) for KRW288bil (USD257mil). In a regulatory filing, Hanwha Techwin said Thales exercised a put option.</p><p>This deal is subject to South Korean government approval, but it will likely be approved by the government. Hanwha Thales would be Hanwha Techwin's wholly-owned subsidiary should the deal be approved. The book value of 50% shares in Thales is…</p>

Hanwha Techwin officially said that it would buy Thales' 50% stake in their unlisted JV Hanwha Thales (KRW718bil in sales and KRW29bil in OP in 2015) for KRW288bil (USD257mil). In a regulatory filing, Hanwha Techwin said Thales exercised a put option.This deal is subject to South Korean government approval, but it will likely be approved by the government. Hanwha Thales would be Hanwha Techwin's wholly-owned subsidiary should the deal be approved. The book value of 50% shares in Thales is…

ハンファテックウィン、タレス合弁会社の株式50%を取得：価格は高騰も資本増強に懸念

Hanwha Aerospace

ハンファテックウィン、タレス合弁会社の株式50%を取得：価格は高騰も資本増強に懸念