SeAH Steel Holdings To Acquire Additional Shares In UK Subsidiary For 68.1 Billion Won

SeAH Steel Holdings announced on the 26th that it will acquire an additional 3,156,000 shares of its UK offshore wind foundation manufacturing subsidiary, SeAH Wind, for approximately 68.1 billion won.

After the share acquisition, its ownership stake will be 43.7%. The scheduled acquisition date is March 6, 2026.

SeAH Steel Holdings stated that the purpose of this share acquisition is "to invest in the subsidiary in order to strengthen capabilities in the offshore wind substructure market."