Australia's Qantas accepts A$11 billion takeover offer
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Australia's Qantas Airways   said on Thursday it has accepted an A$11.1 billion ($8.7  billion) revised buyout offer led by Macquarie Bank Ltd.   and private equity firm Texas Pacific Group at A$5.60  a share.
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Australian flag carrier Qantas Airways has rejected a 10.9 billion dollar (8.6 billion US) takeover bid from a private equity consortium, sending its shares into a nosedive.
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Australian airline Quantas receives a takeover approach from Macquarie bank and Texas International.
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Biomet Inc.  on Thursday  accepted a sweetened takeover bid of $11.4 billion from a group  of private equity firms after an influential shareholder  advisory firm urged the orthopedic device maker&#39;s shareholders  to reject the previous $10.9 billion offer.
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Rupert Murdoch's News Corp agrees a tentative $5bn takeover of Dow Jones, the Wall Street Journal reports.
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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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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 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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LONDON : British Airways (BA) said it would sell its 1.1 billion Australian dollar (770 million US) stake in Australia&#39;s Qantas in a move seen as likely to fuel a major realignment of airline alliances.
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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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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$1.12 billion ($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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Australia's Qantas Airways  has received a buyout offer from investment firms Macquarie Bank  and Texas Pacific Group that could be worth more than A$10 billion ($7.77 billion), sending its shares up 15 percent.
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Australian flag-carrier Qantas said it had received a takeover approach from Macquarie Bank and the Texas Pacific Group on behalf of a consortium they represent.
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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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Macquarie Bank Ltd.  and private equity firm Texas Pacific Group  are leading a plan to buy out Qantas Airways Ltd. , Australia's top airline said on Wednesday, sending its shares up 21 percent.