Korean Air says its bid for rival Asiana will draw formal EU objection
By Nicholas Hirst and Jenny Lee ( May 10, 2023, 14:51 GMT | Insight) -- Korean Air Lines has said its bid to buy local rival Asiana Airlines will be met with a formal EU charge sheet, expected for the end of this month. It said it will continue to discuss remedies with the European Commission to address the regulator's concerns.Korean Air Lines has confirmed that it expects to receive the EU's formal concerns about its plan to acquire local rival Asiana Airlines by the end of this month....
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