KUALA LUMPUR - Privately held Golden Skies Ventures 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.
GSV said it also has a commitment from a Japanese private equity firm to inject immediate funds into the aviation group through an equity deal. Sources have previously said Japan Airlines Co Ltd, domestic carriers AirAsia Group Bhd and Malindo Air have shown interest in Malaysia Airlines. GSV expects it will have ample liquidity to help the airline operate comfortably for up to 18 months.
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