AirAsia founder in buyout talks as share fall put loans at risk

AirAsia founder in buyout talks as share fall put loans at risk

REUTERS/Olivia Harris

AirAsia founder Tony Fernandes began talks with bankers to take Asia’s No.1 budget airline private after a plunge in its stock price put $200 million worth of loans borrowed against AirAsia’s shares at risk, people familiar with the situation told Reuters.

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