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Announced

AirAsia to acquire the Thailand business of Gojek for $50m.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Pending

Majority

Cross Border

Acquisition

digital payments

Private

Single Bidder

Thailand

Payments / Commerce

Friendly

on-demand service provider

Synopsis

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AirAsia, a Malaysian multinational airline, agreed to acquire the Thailand business of Gojek, an on-demand multi-service platform, for $50m. Under the deal, Gojek would take a stake in AirAsia’s digital arm, while the low-cost carrier would acquire Gojek’s business in Thailand.

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