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EU Commission approves acquisition of Asiana by Korean Air, subject to conditions | Companies

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Asiana Airlines Inc. by Korean Air Lines.

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(Credit: Unsplash) This article is brought to you in association with the European Commission. The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Asiana Airlines Inc. ('Asiana') by Korean Air Lines Co., Ltd ('Korean Air'). The approval is conditional upon full compliance with the remedies offered by Korean Air. Today's decision…

Seoul shares up for 3rd day on rate cut hopes

Seoul shares closed higher for the third straight session Tuesday amid hopes that the US Federal Reserve will start easing due to continued disinflation. The Korean won rose against the US dollar. The benchmark Korea Composite Stock Price Index added 29.32 points, or 1.12 percent, to close at 2,649.64. Trade volume was moderate at 550.46 million shares worth 12.93 trillion won ($9.7 billion), with gainers outnumberin.

Korean Air Wins EU's Approval for $1.4 Billion Asiana Deal

Korean Air Wins EU's Approval for $1.4 Billion Asiana Deal
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Korean Air's Asiana Acquisition Approved by EU Commission

Korean Air's Asiana Acquisition Approved by EU Commission
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