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Malaysia Airlines Faces State Takeover

Malaysia's state investment fund says it will pay nearly $436 million to take over troubled Malaysia Airlines, which lost two passenger jets this year. Khazanah Nasional announced plans to restructure the airline after the carrier suspended trade in its stock Friday morning. Khazanah, which already owns around 69 percent of Malaysia Airlines, says this will be the first step of a complete overhaul of the carrier. Aviation industry analysts have said the struggling airline needs...

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