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Australian review of Korean Air's plan to acquire Asiana Airlines is restarted

By Laurel Henning ( August 23, 2022, 23:53 GMT | Insight) -- Korean Air’s $1.3 billion play for rival Asiana Airlines has seen the clock on an Australian merger review of the deal restart this week after a five-month pause. In an update to the Australian competition regulator’s review timeline on Tuesday, the watchdog said it received further information form the companies on Aug. 1 and that it would make an announcement on its review on Sept. 1.Korean Air’s $1.3 billion play for rival Asiana Airlines has seen the clock on an Australian merger review of the deal restart this week, after a five-month pause....

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