-Budget airline AirAsia parent Capital A said on Wednesday it plans to list its brand management business on the Nasdaq by entering into a deal with a special purpose acquisition company Aetherium. -November 01, 2023 at 08:08 am EDT
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Capital A CEO Tony Fernandes has agreed to a deal with Aetherium Acquisition, a special purpose acquisition company, and plans to list several businesses through it next year, the FT reported, citing two people familiar with the deal. This includes a new business extending the AirAsia brand to companies hoping to start airline franchises in developing countries, the report said. Capital A and Aetherium Acquisition did not immediately respond to Reuters' requests for comment.