Mergers & Acquisitions Mergers & Acquisitions

Korean Air's Asiana Airlines acquisition receives Australian regulator's green light

By Laurel Henning
  • 01 Sep 2022 02:03
  • 01 Sep 2022 02:03
Korean Air’s 1.8 trillion won ($1.3 billion today) acquisition of rival Asiana Airlines won’t be opposed by Australia’s competition regulator after an almost nine-month public review of the deal.
In a statement today (see here), Gina Cass-Gottlieb, the head of the Australian Competition & Consumer Commission, or ACCC, conceded that

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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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