+ Follow AIMIA AND TUNE MONEY Tag
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[Title] => AirAsia forges share purchase agreement with Expedia
[Summary] => 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.
[DatePublished] => 2015-02-20 00:00:00
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[SectionName] => Business
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AIMIA AND TUNE MONEY
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[ArticleID] => 1425549
[Title] => AirAsia forges share purchase agreement with Expedia
[Summary] => 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.
[DatePublished] => 2015-02-20 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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abtest
February 20, 2015 - 12:00am
