Mergers & Acquisitions Mergers & Acquisitions

Korean Air says its bid for rival Asiana will draw formal EU objection

By Nicholas Hirst and Jenny Lee
  • 10 May 2023 15:51
  • 10 May 2023 15:51
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.

"The issuance of a Statement of Objections is a common practice in a phase II merger review," the company said, adding that discussions with

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Nicholas Hirst

Chief Correspondent


Nicholas covers EU merger review and antitrust investigations for Mlex in Brussels. He previously wrote about EU affairs for Politico Europe, European Voice and PaRR. After earning an LLM in European law from the College of Europe in Bruges, he spent a year working in the competition practice of a leading competition law firm in Brussels 2009-10. He graduated in modern European languages from Oxford University in 2006.

Jenny Lee

Correspondent


Jenny joined MLex’s Seoul bureau in 2021 as a correspondent focusing on competition law and data privacy and security. Jenny received a Master’s degree from Northwestern University’s renowned Medill School of Journalism and worked for a number of news organizations in the US, including the Associated Press Television News, McClatchy and Voice of America, where she worked for almost three years in Washington DC. She returned to her native South Korea in 2019 as a reporter for Wired Korea.

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