Malaysian airline AirAsia Bhd's (AIRA.KL) loyalty program is in talks with private equity investors about selling a minority stake, which could value the business at about $330 million, people familiar with the matter told Reuters.
Affinity Equity Partners
Breaking News
Anheuser-Busch InBev is looking to repurchase Oriental Brewery Co from private equity companies KKR & Co and Affinity Equity Partners Ltd, according to sources interviewed by Bloomberg.
KKR & Co raised US$ billion for its third Asian private equity fund called Asian II Fund.
Asia-focused private equity firm Affinity Equity Partners is seeking to raise as much as $3.5 billion in a new fund.
News and developments in Asia private equity from Reuters News for the week ending August 10.
Australia's largest poultry producer said on Monday investment bank Investec has been appointed to sell the business.
News and developments in Asia private equity from Reuters News for the week ending June 8.
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