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Preferred bidder announcement for Asiana Airlines

2019-11-12 29 Dailymotion

A consortium led by local constructor Hyundai Development Company is likely to be picked as a preferred bidder to become the new owner of South Korea's second biggest carrier Asiana Airlines.<br />The consortium led by HDC and investment company Mirae Asset bid around 2-billion U.S. dollars to take over the airline,... offering more than its rival consortium led by local cosmetic company Aekyung Industry.<br />The HDC consortium has already passed the transport ministry's screening process.<br />If confirmed,... the consortium is set to begin talks with Asiana's main creditor, the Korea Development Bank, to complete the takeover.<br />

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