AIRLINE QANTAS
Australia’s National Carrier Qantas To Be Sold For A$11.1b The agreement was struck just hours after Qantas, Australia’s largest airline, rejected an A$10.9-billion initial offer, as the consortium dropped conditions allowing them to walk away or be paid a breakup fee if the deal collapsed. Qantas Airlines Accepts $8.7 Billion US Bid From Airline Partners MELBOURNE - Australia's Qantas Airways agreed yesterday to a sweetened US$8.7 billion (US$1 = RM2.56) buyout offer from a group led by Macquarie Bank Ltd. and private equity firm Texas Pacific Group in the world's biggest airline Analysts do not expect takeover frenzy after Qantas offer Analysts have said that the AUD11.1bn takeover bid for Qantas Airways Ltd by a private equity consortium is unlikely to prompt similar bids for airlines across the Asia-Pacific region Australian watchdog to review Qantas takeover bid The Australian Competition and Consumer Commission will review the terms of the AUD1.1bn takeover bid for Qantas Airways Ltd First, check that Marker is available for each additional drum Consolidation in the airline industry is taking off, with the two big carriers the latest to talk about teaming up. Meanwhile, AirTran makes a move for Midwest, and Australian airline Qantas rejects a bid. Govt. Says It Won't Block Qantas Buyout As Board Approves Bid The Australian government stresses it will do nothing to stand in the way of a deal that sees an international consortium buy Qantas, and a leading airline analyst says the takeover is positive for Qantas' future Qantas Recommend Revised Offer From Australian Partners Australia The Chairman of Qantas Airways Limited, Margaret Jackson, today announced that, following detailed negotiations, the Qantas Board had received a revised proposal from Airline Partners Australia (APA) to acquire 100 percent of the Fallout over Qantas takeover begins to settle over Australia There is turbulence ahead for Qantas, with News Corp.'s influential The Australian calling on the government to open up access to all Qantas routes in the wake of the airline's Wednesday acceptance of an A$11.1 billion ($8.74 billion) Qantas board accepts takeover proposal Following its rejection of the initial takeover bid early yesterday, the Qantas board last night unanimously accepted a revised and higher offer from Airline Partners Australia, the consortium led by Australia's Macquarie Bank and Texas Airline Agrees To Takeover Airline Agrees To Takeover Qantas Airways has it has accepted an £4.4bn takeover offer from a private equity consortium.The consortium includes Australia's Macquarie Bank and the Texas Pacific Group
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