Antitrust Antitrust

Korean Air-Asiana Airlines deal to proceed after Seoul court rejects injunction against deal

By Wooyoung Lee
  • 01 Dec 2020 01:40
  • 01 Dec 2020 01:40
The planned acquisition by South Korea’s largest airliner, Korean Air, of its rival Asiana Airlines cleared a major hurdle today when a South Korean court rejected an injunction filed against the deal.

The Seoul District Court rejected a request for an injunction filed by the Korea Corporate Governance Improvement, or KCGI, an activist

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