In today’s briefing:
- Korean Air: European Approval for Asiana Merger Reportedly Imminent
Korean Air: European Approval for Asiana Merger Reportedly Imminent
- Reuters reported on the Friday that the European Commission is to accept concessions of four European route divestitures and the sale of Asiana’s cargo business.
- The EC had set a preliminary decision deadline of 14 February.
- US and Japanese approvals are still required, while it remains to be seen who might acquire Asiana Cargo.
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