Korean Air’s bid for KAI stake fails

Victoria
By Victoria September 5, 2012 14:31

Korean Air’s bid for KAI stake fails

Korean Aerospace Industries has rejected a bid by Korean Air to buy a stake worth KRW1.05 trillion ($926 million) even though the airline was the only bidder.
KAI shareholders will now need to decide if they plan to hold a second round of bidding.

Victoria
By Victoria September 5, 2012 14:31
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