Air Mauritius parent company converts shareholder loan into equity
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Background ✨
Following Airport Holdings Limited's acquisition of all remaining shares in Air Mauritius, the airline was delisted from the Stock Exchange of Mauritius on 31-Mar-2022, after failing to meet listing requirements1. Air Mauritius exited voluntary administration in 2021, supported by a MUR12 billion government loan to increase capacity and stability2. The acquisition process involved a mandatory offer by Airport Holdings Limited, culminating in its control of 94.04% of voting shares3.