Justice Minister Choo Mi-ae, center, poses for a group photo with descendants of independence fighters who acquired Korean citizenship at the Central Government Complex in Gwacheon, Gyeonggi, on Wednesday. The Justice Ministry conferred...
On Monday, Korea Development Bank (KDB) accused Hyundai Development Company (HDC) of being uncooperative and unwilling to communicate.
The takeover of Asiana Airlines remained deadlocked one day before the closing deadline, with the buyer saying it wants to renegotiate and the airline's main bank saying that the acquirer is ghosting it.
Asiana Airlines on Thursday roundly rejected claims that it did not disclose sufficient information to the company scheduled to acquire it at the end of the month.
Banks supporting the rescue of Asiana Airlines are demanding details from the acquirer of the troubled carrier after the buyer indicated that it wants to renegotiate the terms of the transaction.