Asiana Airlines "Additional Acquisition of Air Busan Shares for 81.5 Billion KRW"
[Asia Economy Reporter Hwang Yoon-joo] Asiana Airlines announced on the 31st that it will additionally acquire 17,709,652 shares of its airline subsidiary Air Busan for approximately 81.5 billion KRW.
After acquiring the shares, Asiana Airlines will hold a 42% stake in Air Busan. The scheduled date for the share acquisition is September 27 of this year.
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Asiana Airlines stated, "This share acquisition is intended to improve the financial structure, including capital increase of Air Busan, and to maintain control."
This content was produced with the assistance of AI translation services.
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