Asiana Airlines Sales Two Hyundai Motors have a right to negotiate November 12, 20:26

Announced that two companies, including South Korean conglomerate and Hyundai (Hyundai) Group real estate giant, have gained preferential negotiating rights over the sale of Korean air giant Asiana Airlines, whose group cash flow has deteriorated.

South Korean aviation giant Asiana Airlines was under the umbrella of the conglomerate Kumho Asiana Group, but it was decided that it would be sold because the group's cash flow deteriorated. There was a bidding over.

Under these circumstances, South Korean conglomerate, Hyundai Motor Group's real estate giant, HDC Hyundai Industrial Development, held a press conference in Seoul on the 12th, and announced that the corporate alliance with securities giant Future Asset Dae (Daewoo) has obtained preferential negotiation rights Did.

Although the details of the bid amount have not been disclosed, according to local media, the Federation said that it has overwhelmed other camps by presenting more than 220 billion yen in at least 2.4 trillion won, Japanese yen .

Asiana Airlines has subsidiaries such as Air Seoul and Air Busan, LCC = low-cost airlines, and the Federation will enter into negotiations for sale, including the management rights of the subsidiaries.

“We will do our best to ensure that the contract is established smoothly. We want to create positive synergies with Asiana Airlines,” said Chairman Chung Mong-gyu of HDC Hyundai Industrial Development.