Hanwha aims to buy 9.9% of Australian shipbuilder Austal

SYDNEY (Reuters) -- South Korea's Hanwha aims to buy up to 9.9% of Australian shipbuilder Austal in an after-market offer following its failed 1.02 billion Australian dollar ($646.17 million) takeover bid last year, a term sheet showed on Monday.

Hanwha has offered A$4.45 each for 41.2 million Austal shares, the term sheet reviewed by Reuters shows.