(Bloomberg) — Saudi Arabia’s sovereign wealth fund is poised to invest about $100 million in Malaysian carrier group AirAsia, according to people familiar with the matter, strengthening the Gulf kingdom’s ties with a region that’s a major source of tourism.
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The Public Investment Fund would play the single biggest role in an AirAsia fundraising targeted at around 1 billion ringgit ($226 million), said the people, who asked not to be named with discussions…
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