09-Feb-2010 12:32 PM
Asiana Airlines’ parent avoids court receivership; China Eastern seeking strategic investor
Analysis
Asiana Airlines' shares slumped 5.7% yesterday, on fresh concerns regarding the outlook for its parent, Kumho Asiana Group, after the Group's owners rejected a demand by creditors that they offer their stockholdings and assets as collateral for fresh loans by a 07-Feb-2010 deadline.
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