HDC Hyundai Development said on the 9th that it sent an official letter to the Korea Development Bank requesting Asiana Airlines' re-examination status and re-consulting the terms of the acquisition.
On the 29th of last month, Hyunsan replied to the letter sent by the Bank of Korea, saying, "I agreed to extend the contract closing date for re-examination and re-examination of various situations that have negative effects on the takeover and undermine the value of the acquisition." Said.
This is the answer to creditors and other creditors, who said, “It is possible to extend the contract only if you reveal your intention to acquire Asiana Airlines by the end of this month.”
Hyunsan added, "We have unchanged our willingness to take over Asiana Airlines."
Hyunsan "Asiana's request to renegotiate the terms of the acquisition... willingness to take over remains unchanged"
2020-06-09T01:33:41.167Z
HDC Hyundai Development said on the 9th that it sent an official letter to the Korea Development Bank requesting Asiana Airlines' re-examination status and re-consulting the terms of the acquisition. On the 29th of last month, Hyunsan replied to the letter sent by the Bank of Korea, saying, "I agreed to extend the contract closing date for re-examination and re-examination of various situations that have negative effects on the takeover and undermine the value of the acquisition." Said.
Source: sbskr