Korea’s competition regulator said it will speed up the review of the Korean Air- Asiana Airlines merger.
Korean Air agreed a deal to acquire a 63% stake in Asiana in November 2020. The Fair Trade Commission said in it will ‘swiftly and closely ‘complete a review of the takeover deal.
FTC vice-chief Kim Jae-shin said a decision is likely by February. It is expected to be approved with conditions and would make the merged airline the world’s 10th largest.
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