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Asiana up for sale
Troubled Korean conglomerate Kumho wants to sell Asiana Airlines. Apparently, big groups like SK or Hanwha are interested:
Desperate Kumho Asiana decides to sell flagship carrier Under a mountain of debt and pressure from creditors, Kumho Asiana Group’s board of directors decided Monday to sell its core unit Asiana Airlines, a day after the creditors rejected its latest self-rescue proposal amid a snowballing liquidity crisis. |
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