Qantas rejects takeover approach
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Australian airline Qantas rejects a controversial $8.6bn takeover deal led by Australian bank Macquarie.
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The Sainsbury family will not back a takeover approach by Qatari investment group Delta Two announced last week, The Times reported in an early edition of its Tuesday paper.
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AustraliaÂs national carrier, Qantas, said that it had been approached by Macquarie Bank and the Texas Pacific Group amid speculation of a takeover.
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Airport operator BAA, which was acquired   by Spain's Ferrovial FER.MC earlier this year, has rejected   calls for the break-up of its UK airports, arguing it would   undermine vitally needed investment in airport capacity.
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Australian flag carrier and national icon Qantas has accepted an increased 11.1-billion-dollar (8.7 billion US) offer from a private equity group, a day after rejecting a lower bid.
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QANTAS should open up its share register rather than seek another airline owner if British Airways ever decided to sell its stake, Qantas chief executive Geoff Dixon said yesterday.
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The London Stock Exchange said it had rejected a Â£1.3bn takeover bid from Deutsche Boerse but held the door open to talks that could result in a deal with the German exchange.
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Australian nickel and copper miner WMC Resources has rejected aA$7.4 billion (3 billion pounds) takeover bid from Swiss-based Xstrata, but has left the door open for a higher offer.
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Australia's government says it will not block a proposed takeover of the country's flagship airline Qantas.
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Air New Zealand and Qantas Airways have lost their bid to get their proposed alliance approved in New Zealand. New Zealand&#39;s High Court declined the airlines&#39; appeal against a NZ Commerce Commission decision to block the alliance.
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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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New Zealand&#39;s High Court on Monday rejected as uncompetitive a proposed alliance between the country&#39;s flag carrier and Australian rival Qantas in a deal that Air New Zealand had claimed was critical to its long-term survival.
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Trucking company Swift Transportation Co. Inc.  said on Monday it rejected a $2.2 billion buyout proposal from former Chief Executive Jerry Moyes, but added it is willing to discuss higher bids.
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SYDNEY: Australian flag-carrier Qantas said it was disappointed a proposed alliance with Air New Zealand had been rejected by New Zealand&#39;s High Court but ruled out appealing the decision.
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Air New Zealand said on Tuesday the Australian Competition Tribunal had approved a proposed alliance with Australia&#39;s Qantas, despite its rejection in New Zealand.
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Qantas Airways Ltd and Air New Zealand Ltd have abandoned their proposed alliance in its current form after it was stymied by New Zealand authorities.
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Australian airline Qantas receives a takeover approach from Macquarie bank and Texas International.