US EditionSono takes control of Korea's t'way Air after share transfer
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Sono takes control of Korea's t'way Air after share transfer
Sono International Co., Ltd. has taken control of t'way Air (TW, Daegu) after making the final KRW25 billion won (USD18.5 million) payment for a 46.26% share parcel held by YeaRimDang Publishing Co., Ltd. and three individuals associated with that company. Sono International, part of Daemyung Sono Group, a South Korean hotel and travel company, now owns 54.79% of t'way Air. Regulatory filings show that YeaRimDang transferred 44,473,577 shares (a…
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