Qantas take major stake in Air NZ
The Sydney Morning Herald
Australia's flagship carrier Qantas Airways will take a stake of up to 22.5 per cent in Air New Zealand under a strategic alliance announced today. The cost to Qantas for the stake would be around $NZ550 million ($A492 million). The deal will be undertaken through the issue of new equity and will dilute the NZ government's shareholding ...... Read more on The Sydney Morning Herald
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