Qantas rejects $8.6 billion takeover bid
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Australia's Qantas Airways Ltd.  rejected on Wednesday 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 .
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Australia's national carrier Qantas Airways was expected to announce it has accepted an improved takeover offer worth around 8.7 billion US dollars from a private equity consortium, reports said.
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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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Oracle said today that it has learned that PeopleSoft will reject its $8.8bn, $24 a share, &quot;best and final&quot; cash tender offer.
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Shares in Qantas dip on worries that opposition from unions and government could block a possible takeover.
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MELBOURNE/SYDNEY  - Investment bank Macquarie Bank  and private equity firm Texas Pacific Group have proposed buying out Australian airline Qantas Airways  in a deal that could be worth more than A$10 billion ($7.7 billion), pushing Qantas shares up as much as 21 percent.
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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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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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Qantas has decided that it will not appeal against a New Zealand High Court decision stopping it from forming an alliance with Air New Zealand.
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SYDNEY: Australian flag-carrier Qantas said it was disappointed a proposed alliance with Air New Zealand (ANZ) had been rejected by New Zealand&#39;s high court but ruled out appealing decision.
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Australian flag carrier Qantas agreed to a boosted 11.1-billion-dollar (8.7 billion US) takeover bid from an international private equity consortium.
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Peoplesoft rejects a takeover bid from rival Oracle for the sixth time in the last 18 months calling the offer "inadequate".
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PeopleSoftâs board unanimously rejected Wednesday Oracleâs âbest and final bidâ of $24 a share claiming that the $8.8-billion hostile tender offer undervalued the company.
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Retailer Woolworths rejects a takeover offer from private equity group Apax, saying it is too low.
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Qantas Airways Ltd. should not seek another airline to replace British Airways Plc if the UK carrier sells its stake in the business, Qantas Chief Executive Geoff Dixon said.
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PeopleSoft (PSFT:Nasdaq - news - research) Wednesday publicly rejected Oracle&#39;s (ORCL:Nasdaq - news - research) $24-a-share takeover offer, saying the $8.
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Australian flag carrier and icon Qantas has received a takeover approach, potentially worth more than 8.0 billion US dollars and sending its share price soaring to record levels.