S.Korea's Aekyung, KCGI to join bidding for Asiana Airlines - sources
03/09/2019 02:28
SEOUL, Sept 3 (Reuters) - South Korea's retail-to-airline
group Aekyung and activist fund KCGI plan to participate in
preliminary bidding for a stake in Asiana Airlines 020560.KS ,
the country's No.2 carrier, sources with direct knowledge of the
matter told Reuters.
South Korean conglomerates GS Group and SK Group will not
participate in the bid for the debt-ridden carrier, company
officials told Reuters.
(Reporting by Hyunjoo Jin and Ju-min Park; editing by Richard
Pullin)
((hyunjoo.jin@thomsonreuters.com; 82-2-3704-5685; Reuters
Messaging: hyunjoo.jin.thomsonreuters.com@reuters.net))