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AirAsia's Fernandes trying to sell Caterham Group: report

He seeks £350m for assets including carmaker, F1 Team

Published Sun, May 25, 2014 · 10:00 PM
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[SINGAPORE] Tony Fernandes, chief executive officer of low-cost carrier AirAsia Bhd, plans to sell the Caterham group of automotive and engineering companies, The Edge Malaysia reported.

The 50-year-old Malaysian businessman is seeking about £350 million (S$ 738 million) for the assets that include UK sports car manufact…

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