Korean Air Wins Conditional Approval From Brussels For Asiana Takeover
Korean Air has agreed to divest Asiana Airlines' cargo business among other remedies to secure merger approval from the European Commission.
Credit: Christian Van Grinsven/SOPA Images/ZUMA Wire/Alamy
Korean Air has cleared a key hurdle to closing its proposed acquisition of Asiana Airlines after the European Commission gave its conditional approval on Feb. 13. With the EC decision, and similar clearance from Japan on Jan. 31, Korean Air now only has U.S. approval pending. The merger has already...
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