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16-Apr-2019 11:11 AM

Asiana Airlines largest shareholder decides to offload airline stake

Asiana Airlines announced (15-Apr-2019) its largest shareholder Kumho Industrial Co Ltd decided to sell its entire equity holding (68.7 million shares, a 33.47% share) in the airline in order to secure liquidity and improve its financial structure. [more - original PR - Kumho Industrial - Korean] [more - original PR - Asiana - Korean]

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