GSV bids US$2.5 billion for Malaysia Airlines, says funded by European bank

GSV bids US$2.5 billion for Malaysia Airlines, says funded by European bank

Channel NewsAsia - Business·2020-04-07 12:49

FILE PHOTO: Airport staff works beside a Malaysia Airlines plane at Kuala Lumpur International Airport in Sepang, Malaysia, on Jul 22, 2019. (Photo: Reuters/Lim Huey Teng)

KUALA LUMPUR: Privately held Golden Skies Ventures (GSV) has made a $2.5 billion offer to fully take over the holding company of ailing state carrier Malaysia Airlines, with financing from a European bank, its executives told Reuters on Monday (Apr 6).

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