Marie-Joseph Malé (Air Austral) negotiates a complete divestment from Air Madagascar with Rajabali and CNAPS
One last point of contention between the industrial group and Madagascar’s social security agency halts the Reunion Island airline’s divestment process.
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▪ Marie-Joseph Malé (Air Austral) negotiates a complete divestment from Air Madagascar with Rajabali and CNAPS
▪ One last point of contention between the industrial group and Madagascar’s social security agency halts the Reunion Island airline’s divestment process.
▪ https://www.africabusinessplus.com/en/802945/marie-joseph-male-air-austral-negotiates-a-complete-divestment-from-air-madagascar-with-rajabali-and-cnaps/
With a 44% stake in Air Madagascar since it signed a strategic partnership agreement with the Malagasy state, Air Austral, headed by Marie-Joseph Malé, is currently negotiating its complete divestment from the share capital, according to Jeune Afrique Business+’s sources.
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