BA merger with Iberia steps closer after Â£425m Qantas sale
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A merger between British Airways and the Spanish airline Iberia moved closer yesterday after BA raised Â£425m by selling its stake in Australia&#39;s national carrier Qantas
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An $8.7 billion takeover bid for  Australia's Qantas Airways Ltd.  by a consortium led by  Macquarie Bank Ltd.  is fair and reasonable, an  independent expert said on Monday.
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British airport operator TBI PLC said Wednesday it has agreed to a takeover by Spanish transport and communications company Abertis and Spain&#39;s national airport authority Aena.
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Qantas Airways Ltd. ,  Australia's top airline, is expected to announce a takeover  offer of around A$10.9 billion (US$8.55 billion) from a  consortium led by Macquarie Bank Ltd.  this week,  possibly as early as Wednesday, sources said.
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By Kyodo News International, Tokyo  Dec. 14--SYDNEY -- Australia's Qantas Airways said Thursday it has  accepted a revised A$11.1 billion (about US$8.7 billion) buyout offer by a  consortium led by a local investment bank, a local newspaper reported.
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Australia's Qantas Airways Ltd.  has rejected a conditional A$10.9 billion ($8.6 billion) buyout offer led by Macquarie Bank Ltd.  and Texas Pacific Group .
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British Airways is in prime position for Europe's most attractive potential airlines merger but analysts say strict ownership laws bar any speedy deal with Spain's Iberia.
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Australia's competition regulator said on Friday it has started a review into an $8.7 billion buyout offer for Qantas Airways Ltd.  from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group.
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Business & money: Proposed Â£10.6bn takeover of supermarket group moves a step closer.
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British Airways has said that it has made progress towards becoming a &quot;more robust airline&quot; after unveiling half-year profits of Â£335 million.
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Australian airline Quantas receives a takeover approach from Macquarie bank and Texas International.
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Australia's competition watchdog recommended that national carrier Qantas should be permitted to maintain a nearly decade-old alliance with British Airways for another five years.
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British Airways Plc, Europe&#39;s second- largest airline, raised about A$1.1 billion ($770 million) from the sale of shares in Qantas Airways Ltd.
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LONDON (CBS.MW) -- British Airways (UK:BAY) (BAB) Wednesday said it&#39;s planning to sell its 18.25 percent stake in Qantas as it seeks funds to expand in Europe.
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British Airways is selling off its 18.25 per cent stake in Australian flag carrier Qantas to repay off some of its huge debts and build up its cash war chest for new deals in Europe.
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Shares in Australian flag carrier Qantas have jumped more than four percent amid expectations a takeover consortium is finally ready to formally table a multi-billion dollar offer for the airline.
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Europe&#39;s two biggest low-cost airlines, Ryanair and easyJet, have stepped up their competition in Spain, forcing down fares and causing turbulence for the nation&#39;s domestic carriers like Iberia.