The French aviation authority have opposed T'way Air's assumption of Korean Air's Paris route, dealing a blow to compliance with the European Commission's stipulations for the flag carrier's merger with Asiana.
Emart, a leading hypermarket chain, has merged with its subsidiary, Emart Everyday, in an effort to cut costs amid mounting losses.
The Korean government has been ordered to pay $32.03 million to the New York-based hedge fund Mason Capital Management as an international tribunal partially upheld the hedge fund’s $175 million damage suit.
The president has vowed to mitigate consumer concern over the discrepancy in mileage earning with the progressing merger of Korea's two biggest airlines, with Korean Air's points harder to accrue than Asiana's.
Jeju Air, Air Premia, Eastar Jet and Air Incheon all submitted letters of intent as Korean Air seeks to offload the division in order to complete its Asiana takeover.
Mokpo National Maritime University is planning to merge with another university as it struggles to attract students amid a population decline.
The agreement to give up four redundant routes leaves only U.S. approval of the long-awaited merger.
The European Union conditionally approved Korean Air's acquisition of Asiana Airlines pending the sale of Asiana's cargo business and the transfer of European routes to a low-cost carrier.
The Financial Services Commission said Tuesday that it will require companies to publicly disclose the date its board decided to ink a merger or acquisition deal, as well as the board’s evaluation of the price.
The Seoul Central District Court on Monday acquitted Lee Jae-yong, chairman of Samsung Electronics Co., on charges of breach of trust and accounting fraud to push the merger of two Samsung affiliates.
Korea JoongAng Daily Sitemap