AirAsia unveils new listing plan under $1.4-B merger

KUALA LUMPUR — Malaysian conglomerate Capital A said on Friday it had finalized a 6.8-billion ringgit ($1.4 billion) deal to merge its airline affiliates under an entity to be called AirAsia Group. Capital A,  led by mogul Tony Fernandes and includes a logistics business and digital payment Bigpay, said in January it would sell its
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