ABU DHABI/WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the ...
Read More »Korean Air’s Asiana bid faces EU merger probe
Bloomberg Korean Air Lines Co’s bid to acquire smaller South Korean rival Asiana Airlines Inc for 1.8 trillion won ($1.4 billion) faces an in-depth merger review in the European Union after regulators expressed antitrust concerns. The European Commission (EC) warned the deal “could eliminate potential competition in passenger transport services†between the EU region and South Korea and also that ...
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