Shipbuilder Austal says it receives a $1.9 billion counter-takeover offer for its U.S. division from Florida investment firm Wildcat Infrastructure. The offer is presented as an alternative to another bid already on the table.
According to reporting, Wildcat Infrastructure’s $1.9 billion offer is higher than the offer range previously linked to South Korean conglomerate Hanwha, which has been reported at between about $US1.05 billion and $US1.2 billion. The different outlets focus on the same central development—the increase in potential deal value—while framing the offer as one bid replacing or improving on another rather than as a finalized transaction.
The accounts reflect only partial details about timing, acceptance, and process, concentrating instead on the announced offer amounts and the parties involved. Further steps would typically depend on Austal’s response and any subsequent negotiations, but those are not covered in the provided excerpts.
