Malaysia Aviation Group to Acquire Airbus Unit Sepang Aircraft Engineering
Malaysia Aviation Group, the parent of Malaysia Airlines, has signed an agreement with Airbus to acquire its unit, Sepang Aircraft Engineering.
Malaysia Aviation Group, parent of national carrier Malaysia Airlines, said on Thursday it has signed a sale and purchase agreement with Airbus EURONEXT:AIR to acquire Airbus unit Sepang Aircraft Engineering. The proposed acquisition is intended to support the group's long-term business plan and strengthe…