There is a relatively high probability (70-80%+) that the FTCs in Europe and the United States will officially block the merger between Korean Air and Asiana Airlines in 2H 2023.
Boomeranged on Thu, 14 Sep 2023 22:58
Hanjin Kal's shares rose 27% today to 52,500 won yesterday. Some investors believe that FTCs in Europe and the United States will officially block the merger between Korean Air and Asiana Airlines which could result in KDB selling its 10.58% stake in Hanjin KAL. This could result in a fight for the control of Hanjin Kal.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
Unlock all research summaries
Follow top, independent analysts
Receive personalised alerts and emails
Access Briefings, Analytics, and Events
Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.
Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.