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                    [Title] => AirAsia forges share purchase agreement with Expedia
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AirAsia today announced the execution of a share purchase agreement with Expedia Inc., Expedia Southeast Asia Pte. Ltd., and AirAsia Exp Pte. Ltd., a wholly-owned subsidiary of AirAsia, to divest a 25-percent stake in AAE Travel Pte. Ltd., the joint venture between Expedia and AirAsia, to Expedia for a consideration of $86.3 million. This will increase Expedia’s total ownership of equity in the joint venture to 75 percent.

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TRAVEL PTE

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                    [Title] => AirAsia forges share purchase agreement with Expedia
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abtest

AirAsia forges share purchase agreement with Expedia

February 20, 2015 - 12:00am

AirAsia today announced the execution of a share purchase agreement with Expedia Inc., Expedia Southeast Asia Pte. Ltd., and AirAsia Exp Pte. Ltd., a wholly-owned subsidiary of AirAsia, to divest a 25-percent stake...

Business