Consortium offering to take over Malaysia Airports secures 84.1% stake

Consortium offering to take over Malaysia Airports secures 84.1% stake

FILE PHOTO: Malaysia Airlines planes are seen parked at Kuala Lumpur International Airport in Sepang, Malaysia October 6, 2020. REUTERS/Lim Huey Teng/File Photo

A consortium comprising Malaysia’s sovereign wealth fund Khazanah and BlackRock’s Global Infrastructure Partners that offered to take over Malaysia Airports Holdings said late on Wednesday it had secured an 84.1% stake of the company.