'The Beginning of a New Era' Capital A and AirAsia Group sign a conditional sale and purchase agreement on the divestment of Capital A's airline business
- - • Total consideration for Capital A's disposal and correspondingly, AirAsia Group's acquisition amounting to RM6.8 billion, to be fulfilled with shares and debt settlement - • Capital A's shareholders' equity to turn positive for the first time in 14 quarters following the divestment, while AirAsia X's shareholders' equity to also strengthen post-transaction - • AirAsia Group to fortify its position as the largest low cost carrier in Asia, with a win-win “One Airline” strategy set to tra...
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