Qantas Approached About Possible Takeover
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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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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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Qantas will discuss getting compensation from Boeing after the delivery of its Dreamliner is delayed again.
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Anglian Water-owner AWG says it has received an approach which may lead to a bid for the company.
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SYDNEY, Australia -- Qantas Airways said Thursday it had accepted an $8.64 billion takeover offer from a private equity consortium including Australia's Macquarie Bank and the Texas Pacific Group _ one of the biggest corporate buyouts in Australian history.
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Australia's dominant airline Qantas is attempting to lure overseas aircraft engineers and former staff back to combat a holiday season strike threat, reports said Monday.
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The company may be hinting at going public.
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Qantas is poised for aggressive international expansion, particularly in Asia, if its takeover clears regulatory hurdles and the bidders prove they are not corporate raiders, analysts have said.
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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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A management buyout for online auction firm QXL Ricardo is being called into question, with the emergence of a rival - and higher - takeover proposal.
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Brookfield Asset Management Inc. and the founders of Australia's Multiplex  have approached the $3 billion construction firm about a possible takeover as it struggles with the troubled Wembley stadium project in London.
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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 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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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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Australia's government says it will not block a proposed takeover of the country's flagship airline Qantas.
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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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British Airways (BA) said it would sell its 1.1 billion Australian dollar (430 million pound) stake in Australia's Qantas in a move seen as likely to fuel a major realignment of airline alliances.