KAL-Asiana merger

The National Pension Service, the No. 2 shareholder of Korean Air Lines Co., will vote against the flag carrier’s plan to acquire Asiana Airli...

China has granted unconditional approval of the world’s largest shipbuilder Hyundai Heavy Industries Group’s acquisition of hometown riv...

Korean Air Lines Co. will push ahead with its planned $1.6 billion acquisition of debt-laden Asiana Airlines Inc., the company said, after a Seoul d...

Asiana Airlines Inc., up for a merger with bigger crosstown rival Korean Air Lines Co., is expected to drop out of Star Alliance, a global airline all...

The proposed merger between Germany-based Delivery Hero SE and South Korea's Woowa Brothers Corp. has hit a roadblock due to the Korea Fair Trade Co...

Korean Air Lines Co. will spend 1.8 trillion won ($1.6 billion) to own a majority stake in beleaguered local rival Asiana Airlines Inc., in a deal t...

The owner of Korean Air Lines Co.’s reported bid to acquire local rival Asiana Airlines Inc. faces several hurdles, including painful job cuts, ...

South Korea’s two largest airliners, Korean Air Lines Co. and Asiana Airlines Inc., may combine their airplane repair and maintenance businesses...

Hanjin Group, which owns South Korea’s flag-carrier Korean Air Lines Co., is seeking to buy local rival Asiana Airlines Inc., signaling a mega d...

South Korean airline Asiana Airlines Inc. has transformed its passenger aircraft A350-900 into a cargo carrier in a move to enhance its cargo operatio...

Kumho Asiana Group, the parent company of cash-strapped Asiana Airlines Inc., plans to put up affiliate Kumho Resort for sale as part of self-rescue m...

Creditors of Asiana Airlines Inc. have decided to place the financially troubled carrier under their control after officially declaring the collapse o...

HDC Hyundai Development Co.’s planned takeover of Asiana Airlines Inc. has fallen through as the preferred buyer renewed its request for further...

State-run Korea Development Bank (KDB), the main creditor of Asian Airlines Inc., has unveiled proposals to ease the financial burden for HDC Hyundai ...

The number of merger reviews has hit a record high in Korea for the first half of the year, with 424 filings made to the Korea Fair Trade Commission (...

Activist fund Korea Corporate Governance Improvement (KCGI) and mid-sized builder Bando Engineering & Construction have succeeded in their pu...

Korean Air Lines Co. and Asiana Airlines Inc. have bucked the global trend of the devastating aviation industry and made rare quarterly profits, as th...

HDC Hyundai Development Co. has postponed its 2.5 trillion won ($2.1 billion) acquisition of Asiana Airlines Inc. with no clear timeline for the deal ...

A consortium of Hyundai Development Company (HDC) and Mirae Asset Daewoo Co. Ltd. has agreed to take a 76.5% stake in Asiana Airlines Inc. for 2.5 tri...

A consortium of Mirae Asset Daewoo Co. Ltd. and Hyundai Development Company (HDC) is set to be announced as a preferred buyer of a controlling stake...

Mirae Asset Daewoo Co. Ltd. has attracted Hyundai Development Company (HDC) as a strategic partner to bid for a controlling stake in debt-ridden A...

The following are key events in relation to Samsung C&T Corporation’s takeover of affiliate Cheil Industries Inc. in 2015, and prosecutors’ invest...

South Korea’s National Pension Service (NPS), the world’s third-largest pension scheme with $460 billion in assets under management, is engulfed in on...

Korean Air Co.’s acquisition of smaller local rival Asiana Airlines Inc. is poised to collapse after the US antitrust body raised the hurdle f...

Korean Air Co.’s acquisition of smaller local rival Asiana Airlines Inc. is poised to collapse after the US antitrust body raised the hurdle f...