AirAsia may be taken private next week

AirAsia’s founding shareholder, Tune Air Sdn Bhd, is reportedly likely to announce a general offer for the airline next week at an indicative price of MYR1.30 to MYR1.35 per share – about a 17% premium to the closing price on 20-Nov-08. The arranger of the deal is reported to be CIMB Bhd.

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