(Reuters) – Shareholders have backed plans for budget carrier AirAsia to be bought by its long-haul associate, AirAsia X, paving the way for the Malaysian-based airlines to finalise their consolidation by the end of the year.
AirAsia X shareholders approved the proposed acquisition of Malaysian investment firm Capital A’s equity interest in AirAsia units for 6.8 billion Malaysian ringgit ($1.6 billion) on Wednesday, after Capital A shareholders gave the nod on Monday to the deal, company…
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