Transport Minister meets HDC, Aekyung Group, Eastar Jet execs to urge M&A deal
Jul 3, 2020
Transport Minister Kim Hyun-mi met with executives of HDC Group, Aekyung Group and Eastar Jet on Friday to urge their air carrier merger deals, according to the Ministry of Land, Infrastructure and Transport. Kim reportedly had discussions with HDC Group Chairman Chung Mong-kyu, Aekyung Group Vice Chairman Chae Hyung-seok and former Eastar Jet Group Chairman Lee Sang-jik and was briefed on the status of the respective merger deals. HDC Group, which owns midsized builder HDC Hyundai Deve