Korean Air ostaa Asianan

[Ilkka Mäkelä 1 206]

Korean Air, Asiana ja Korean valtio ovat sopineet osakekaupoista ja sijoituksista, jotka auttavat Korean kahta suurta yhtiötä selviämään pandemiasta. Korean valtio satsaa 700 miljoonan dollarin vähemmistöosakesijoituksen verran järjestelyihin, joiden avulla Korean Air ostaa enemmistön Asianasta, kaupan arvon ollessa yhteensä 1,62 miljardia dollaria. 

Kauppa sisältää myös Air Seoul- ja Air Busan-lentoyhtiöt.

Lainaa

Korean Air Lines says it will take over smaller rival Asiana Airlines in a government-backed deal aimed at helping the country's two largest carriers survive the coronavirus pandemic.

On Monday, KAL announced that it will buy 1.5 trillion won ($1.35 billion) worth of new shares in Asiana and 300 billion won of its corporate bonds, giving it a 63.9% stake in the smaller airline. To fund the move, KAL will raise 2.5 trillion won from its shareholders, including 730 billion won from its parent company Hanjin KAL.

Earlier the same day, state-run lender Korean Development Bank announced it would help bankroll the takeover by investing 800 billion won in Hanjin KAL, which will use the money to buy new shares in KAL. KAL will in turn use those funds to buy Asiana shares.

https://asia.nikkei.com/Business/Business-deals/Korean-Air-to-take-over-Asiana-in-1.62bn-deal-backed-by-Seoul

https://asiatimes.com/2020/11/korean-air-to-buy-asiana-airlines-for-1-6bn/

[Ilkka Mäkelä 1 206]

USA:n, EU:n ja Kiinan viranomaiset vastustavat Korean Airin ja Asianan yhdistymistä koska sen epäillään rajoittavan kilpailua.

Lainaa

A South Korean government official told local media that “the US Justice Department strongly believes that a marriage between Korean Air and Asiana Airlines will impose restrictions on fair competition, so the merger will face difficulties in obtaining approval.”

https://www.ch-aviation.com/portal/news/115710-us-eu-chinese-regulators-stall-korean-air-asiana-merger

[Ilkka Mäkelä 1 206]

Nyt on brittien kilpailuviranomaisten vuoro ihmetellä hyväksyäkö Korean Airin ja Asianan fuusio vai ei. Muut yhtiöt kuin korealaiset eivät lennä Lontoosta Koreaan, joten fuusio saattaisi nostaa lipunhintoja kun kilpailu puuttuu. Korean Air on jo tehnyt joitakin myönnytyksiä.

Lainaa

The UK’s Competition and Markets Authority (CMA) is considering whether to accept a revised plan from Korean Air Lines for its proposed acquisition of Asiana Airlines.   

According to a CMA statement, released on November 28, 2022, the authority is assessing the new measures Korean Air has proposed in order to address competition concerns. The South Korean flag carrier has adjusted its $1.29 billion plan dedicated to buying out Asiana Airlines.  

“The CMA considers that there are reasonable grounds for believing that the undertakings offered by Korean Air Lines Co., Ltd, or a modified version of them, might be accepted by the CMA under the Enterprise Act 2002,” the authority said.  

https://www.aerotime.aero/articles/32794-uk-regulator-asseses-revised-korean-air-asiana-merger-plan

[Ilkka Mäkelä 1 206]

Brittien kilpailuviranomainen on nyt hyväksynyt kaupan eikä enää vastusta Korean Airin ja Asianan yhdistymistä.

https://www.marketwatch.com/story/uk-regulator-accepts-korean-air-asiana-airlines-merger-undertakings-6a414ca7

Muokattu: Maaliskuu 1, 2023, käyttäjä: Ilkka Mäkelä

[Ilkka Mäkelä 1 206]

Japanin reilun kaupan komissio on hyväksynyt Korean Airin ja Asianan yhdistymisen. Jäljellä on vielä EU:n ja USA:n hyväksynnän saaminen.

Lainaa

The Japan Fair Trade Commission (JFTC) approved Korean Air’s business combination with Asiana Airlines, marking a significant milestone in the two airlines’ merger process. To date, Korean Air has received approvals from 12 of 14 competition authorities.

https://www.breakingtravelnews.com/news/article/japan-fair-trade-commission-approves-korean-airs-merger-with-asiana-airline/

[Ilkka Mäkelä 1 206]

Korean Air on nyt hankkinut 63,88 % osake-enemmistön Asianasta, joten yhtiöiden yhdistyminen on tosiasia.

Lainaa

Korean Air has closed its acquisition of Asiana Airlines, four years after announcing its intent to takeover on November 16, 2020.

On December 12, 2024, Korean Air announced that it had acquired 131,578,947 newly issued shares of Asiana Airlines, representing a 63.88% ownership stake and making Asiana Airlines its subsidiary.

A day prior to the shares acquisition, the South Korean flag carrier paid KRW 800 billion  ($558.58 million) to Asiana Airlines, securing its controlling stake.

Korean Air said it plans to complete the integration with Asiana Airlines within two years. 

https://www.aerotime.aero/articles/korean-air-closes-deal-for-asiana-takeover-acquiring-63-88-ownership-stake

Muokattu: eilen 14:31, käyttäjä: Ilkka Mäkelä