bullish
Hanjin Kal: Fight For Control Amid FTC Regulatory Concerns of Korean Air & Asiana Airlines Merger
825 Views01 Jun 2023 05:35
There is a relatively high probability (70-80%+) that the FTCs in Europe and the United States will officially block the merger between Korean Air and Asiana Airlines in 2H 2023.
Boomeranged on Thu, 14 Sep 2023 22:58
Hanjin Kal's shares rose 27% today to 52,500 won yesterday. Some investors believe that FTCs in Europe and the United States will officially block the merger between Korean Air and Asiana Airlines which could result in KDB selling its 10.58% stake in Hanjin KAL. This could result in a fight for the control of Hanjin Kal.
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