Asiana Airlines Acquires Additional Air Busan Shares for 97.9 Billion KRW
[Asia Economy Reporter Kim Daehyun] Asiana Airlines announced on the 15th that it will additionally acquire 43,782,819 shares of its subsidiary Air Busan for approximately 97.9 billion KRW.
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The purpose of this stock acquisition is "to strengthen Air Busan's capital, improve its financial structure, and maintain the company's control." After the acquisition, Asiana Airlines' stake in Air Busan will be 40%. The scheduled acquisition date is October 1.
This content was produced with the assistance of AI translation services.
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