Hyundai Development group closes $2.2b deal to buy Asiana Airlines

Hyundai Development group closes $2.2b deal to buy Asiana Airlines

REUTERS/Kim Hong-Ji

South Korean builder Hyundai Development Co said on Friday its consortium has closed on its 2.5 trillion won ($2.16 billion) acquisition of a controlling stake in the country’s second-biggest carrier Asiana Airlines Inc.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter