AirAsia Aims to Raise $300M Through U.S. SPAC: Report

AirAsia

Malaysia’s budget airline AirAsia Group Bhd is considering a listing of its digital arm via a SPAC in the United States to raise at least $300 million, Reuters reports.

Group Chief Executive Tony Fernandes told Reuters in a virtual interview that a few SPACs focused on technology have approached the group, and AirAsia has engaged auditors for the deal. Read more.

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