Bahrain finalises AirAsia's 20%
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Bahrain finalises AirAsia's 20%

Bahrain finalises AirAsia's 20%

AirAsia X has sold 20% of its equity for MYR250m, reported Bahrain Tribune. Bahrain-based Manara Consortium and Japan-based Orix Corp. has paid 10% each and both will receive 16.7 million newly issued common shares of AirAsia X or 10% of the carrier's equity. AirAsia X is Malaysia's long haul low cost carrier.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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