Asia/Pacific

Delta Airlines acquires 4.3% stake in Korean Air's largest shareholder

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Delta Airlines acquires 4.3% stake in Korean Air's largest shareholder

Delta Airlines has acquired a 4.3% stake in Korean Air's largest shareholder, Hanjin KAL. It's being reported that Delta has plans to increase that stake to 10%, pending regulatory approval. According to Reuters, current market prices value the stake at about $88 million. A joint venture between Ko...

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