Hanwha Ocean Shares Sink After Losing Canada Sub Deal to Germany
Shares of Hanwha Ocean fell more than 20% on Tuesday morning after Canada picked a German bid to replace its aging submarine fleet over the South Korean shipbuilder’s proposal.
By Soo-Hyang Choi · Bloomberg Markets
Shares of Hanwha Ocean fell more than 20% on Tuesday morning after Canada picked a German bid to replace its aging submarine fleet over the South Korean shipbuilder’s proposal.