Tata Group-backed Air India to acquire AirAsia India.

Financials

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Transaction Value-

Consideration TypeCash

Capital Owned-

Capital Bid For100%

EV/Sales-

EV/EBITDA-

Share Price Premium-

One Off Charge-

bidder

Tata Group

bidder

Air India

target

Airasia India

Sources

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Tags

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Cross Border

Single Bidder

airlines

Acquisition

Pending

Majority

Private

Aerospace

India

Friendly

Synopsis

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Tata Group-backed Air India, a flag carrier airline of India, agreed to acquire AirAsia India, an India arm of Malaysian airlines. Financial terms were not disclosed. On June 14, 2022; CCI approves Air India's acquisition of Air Asia.

Tata Group-backed Air India to acquire AirAsia India.

bidder

bidder

target

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