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Asiana Airlines mulls selling stake in Korea Express

Thursday, December 16, 2010
SEOUL, Dec 16 - Asiana Airlines is considering selling a 23.95 percent stake in its sister firm Korea Express , a spokesman from its parent Kumho Asiana Group said on Thursday.
' expect it to speed up our ongoing restructuring,' the spokesman said.
Cash-strapped Kumho, South Korea's eighth-biggest business group by assets, recently handed over its controlling stake in Daewoo Engineering & Construction to Korea Development Bank, its main creditor. [ID:nTOE6BC06P]

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