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Expedia Group announces full ownership of AAE Travel

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Expedia Group announces full ownership of AAE Travel

Expedia Group and AirAsia Group Berhad have announced the purchase by Expedia Group of AirAsia's remaining 25% equity interest in AAE Travel, the joint venture formed by the two firms in March 2011 and in which Expedia Group has held 75% equity since 2015. The cash consideration is $60 million, net ...

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