Court Rejects Challenge To Korean Air-Asiana Merger

Asiana
Asiana is the target of a state-backed takeover bid by rival Korean Air.
Credit: Joe Pries
A potential hurdle for the proposed Korean Air-Asiana Airlines merger has been removed after the dismissal of a legal challenge that was filed against the deal. A Seoul court rejected a request to halt the merger that came from Korea Corporate Governance Improvement (KCGI), an activist shareholder...

Subscription Required

 

Court Rejects Challenge To Korean Air-Asiana Merger is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.