PETALING JAYA: AirAsia Group Bhd has completed the disposal of 32.67% of its stake in AirAsia (India) Ltd (AAI) to Tata Sons Private Ltd (TSL) for US$37.66mil cash.
The transaction, which was completed on Dec 31,2020, reduced AirAsia Group’s interest in AAI to 16.33%, which it held through its wholly owned subsidiary AirAsia Investment Ltd (AAIL).
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