airline merger

SK Inc., the investment and holding company of SK Group, will absorb SK Materials Co., the group’s industrial gas manufacturing affiliate, in ...

Korean Air Lines Co. (KAL) will not put Asiana Airlines Inc.'s two low-cost carriers (LCCs) up for sale after it completes its 1.8-trillion-won ($1....

South Korea's pharmaceutical group Green Cross Corp., or GC Pharma, will combine its two cell therapy developers listed on the junior Kosdaq market ...

HYBE Co., the music and entertainment agency behind BTS, on Jun 1-2 will open the subscription for its rights issue shares worth 445.5 billion won (...

The recent merger deal between two global entertainment powerhouses, HYBE Co. of South Korea and Ithaca Holdings of the US, will create a mega music...

BTS, Justin Bieber and Ariana Grande will be under the same music label group through a historic M&A deal between HYBE Corporation, formerly Big...

Korean Air Lines Co. will retain its brand name after absorbing local rival Asiana Airlines Inc. in a span of around two years, with their merged en...

The proposed union between South Korea’s two leading airlines is nearing the finish line as Korean Air Lines Co. begins due diligence on Asi...

South Korea-based private equity firm Ace Equity Partners has acquired Achronix Semiconductor Corp., a US-based fabless company, through a special p...

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...

South Korean airlines have set their sights on non-landing air travel services to draw in passengers in times of hardship, hoping to tide over the b...

South Korea’s airline restructuring is experiencing some turbulence after an activist group has filed an injunction threatening the proposed m...

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...

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...

South Korea’s flag carrier Korean Air Lines Co. has converted its passenger plane Boeing 777-300ER into a cargo carrier to further boost ca...

South Korean airlines are buckling down to resume flights to and from China to satisfy the demands of Korean businesspeople and overseas resident...

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 (...

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...

Korea Investment & Securities Co. Ltd. has acquired a Boeing aircraft leased by Taiwan-based China Airlines for around 180 billion won ($165 milli...

KTB Investment & Securities Co. Ltd. and the Military Mutual Aid Association’s (MMAA) investment firm have recently closed a 91.5 billion wo...

Heungkuk Asset Management Co. Ltd. , a unit of South Korea’s textile, financial services and media group, closed a 130 billion won ($114 million) fund...

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...