April 26, 2024
Market Now
Asiana Airlines cashes in W93.5b CJ Logistics stake
[DISCLOSURE] Asiana Airlines (020560) announced on March 16 that it has decided to sell its 738,427 shares of CJ Logistics at 93.5 billion won (US$87.24 million) in an after-hours block deal “to improve financial structure by selling non-core assets.”
This amounts to 9.11 percent of its equity capital.
By Hwang You-mee (glamazon@heraldcorp.com)
This amounts to 9.11 percent of its equity capital.
By Hwang You-mee (glamazon@heraldcorp.com)
