Mergers & Acquisitions Mergers & Acquisitions

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

By Laurel Henning
  • 24 Aug 2022 00:53
  • 24 Aug 2022 00:53
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

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Laurel Henning

Senior Correspondent

Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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