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AirAsia's Planned SPAC Merger Will Not Take Place

By Jade Martinez-Pogue ( October 23, 2024, 2:14 PM EDT) -- The parent company of Malaysian airline AirAsia on Wednesday called off its planned special purpose acquisition company merger that would have resulted in the business being publicly listed in the U.S., while also disclosing plans for a capital reduction to strengthen its financial position....

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