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AirAsia parent Capital A plans to raise more than $1 billion in debt, equity: ReportCEO Tony Fernandes is preparing to list some of the conglomerate's businesses through a blank-cheque company in New York.
Reuters
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<div class="paragraphs"><p>The logo of AirAsia under Capital A is seen displayed in this illustration picture taken March 7, 2022. </p></div>

The logo of AirAsia under Capital A is seen displayed in this illustration picture taken March 7, 2022.

Credit: Reuters File Photo

Capital A, the parent of AirAsia, is planning to raise more than $1 billion in debt and equity, the Financial Times reported on Wednesday.

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CEO Tony Fernandes is preparing to list some of the conglomerate's businesses through a blank-cheque company in New York, the FT reported, citing two people familiar with the deal.

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(Published 25 October 2023, 12:13 IST)