News / Asiana Airlines takeover just talk, says cautious HMM chief

17/02/2023

HMM CEO Kim Kyung-bae said speculation that the of South Korean flagship carrier could be forced to take over Asiana Airlines, to facilitate state divestment in the shipping group, were “groundless”.

The state became HMM’s main shareholder in 2016 after a debt-for-equity swap with policy lender ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.

Current subscriber

New subscriber