Dec 27, 2019 SOURCE: AFP
S. Korean builder takes control of Asiana Airlines for $2.2 bn
A South Korean construction firm on Friday signed a deal to acquire Asiana, the country's second-largest airline, which has long been plagued by financial problems.
The HDC Hyundai Development Company said its consortium closed on a 2.5 trillion won ($2.2 billion) controlling stake in the troubled airline, which currently owes...
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