Qantas says British Airways stake sold, shares open up
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SYDNEY : Australian flag carrier Qantas Airways said that British Airways had sold its 18.25 percent shareholding to a range of investors, as its shares surged on the news.
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QANTAS Airways Ltd said today it has requested a trading halt be lifted immediately after British Airways completed the bookbuild process for the sale of its 18.
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TEMASEK Holdings has taken a 3 per cent stake in Australian national carrier Qantas Airways, its latest venture into the airline business.
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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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US investment manager Capital Group Companies Inc has increased its stake in the nation&#39;s largest carrier, Qantas Airways, to 10.
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Qantas shares returned to trade this morning after the overnight sale of British Airways&#39; (BA) billion-dollar stake in the airline.
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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 Airways today announced plans to sell its Â£425 million stake in Australiaâs Qantas Airways to cut debt and take advantage of consolidation in Europe.
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British Airways Plc. plans to sell its A&#36;1.12 billion (&#36;773 million) stake in Australia's Qantas Airways Ltd. in the next two days to cut debt and take advantage of future consolidation in Europe.
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A consortium led by Macquarie Bank Ltd.  came closer to clinching an $8.7 billion takeover of Australia's Qantas Airways Ltd.  on Monday after the airline released an independent report saying the offer was fair.
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Australia's Qantas Airways Ltd.  rejected a A$10.9 billion ($8.6 billion) buyout offer from a group led by Macquarie Bank Ltd.  and private equity firm Texas Pacific Group , sending its shares down 2.7 percent.
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Australia's Qantas Airways Ltd.   reached a deal on Wednesday to be sold to a group led  by Macquarie Bank Ltd.  and private equity firm Texas  Pacific Group, according to a source familiar with the deal.
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By Lilly Vitorovich Of DOW JONES NEWSWIRES BRISBANE (Dow Jones)--With the possibility of industrial action on the horizon over the Christmas holidays, Qantas Airways Ltd.
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LONDON, September 9 (New Ratings) - British Airways (BAI1.FSE) has sold its 18.25% stake in the Australian airline, Qantas, to local and international investors.
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SYDNEY: British Airways said it will sell its entire 18.25% stake in Australia&#39;s Qantas Airways in a move seen as likely to fuel a major realignment of airline alliances.
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Airline Partners Australia (APA), a consortium bidding for Australia's Qantas Airways , said on Friday it would not increase its $8.7 billion buyout offer for the airline.
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Qantas Airways said it will increase the number of flights from Australia to Britain with stopovers in Hong Kong and Singapore.