Tata Sons to take full ownership of AirAsia India in Rs 155.6cr deal
Tata Sons, through its affiliate Air India, has agreed to acquire the remaining 16.67% stake in AirAsia India from AirAsia Aviation, the holding company of Capital A’s airline group, for INR 155.65 crores. The acquisition will help Tata Group to consolidate its airline business while enabling Malaysian multinational low-cost airline AirAsia to develop an Asean-only […]