asset sale Archives | Page 3 of 3

Asiana Airlines Up for Sale amid Liquidity Woes

SEOUL, Apr. 15 (Korea Bizwire) — Cash-strapped Kumho Asiana Group said Monday that it will put its flagship Asiana Airlines Inc. up for sale to secure a fresh loan from creditors, sending shares in the carrier on the Seoul bourse sharply higher. The group’s decision to sell Asiana Airlines came after creditors, led by the [...]

Butte Energy Inc. Announces Asset Disposal

CALGARY, Alberta, Jul. 2 (Korea Bizwire) — Butte Energy Inc. (the “Corporation”) (TSXV:BEN.H) announces it has entered into an agreement regarding the sale of its Chigwell properties to RKSmith Energy Corp. for $35,000 (the “Transaction”). The Transaction, if completed, will constitute the final disposition of all the Corporation’s remaining assets and no finders fees will [...]