+ + + 3 BRANDNEW NewsTickers for your Website! + + + easy configurable in less than 1 Minute + + + GET'EM NOW! + + +

   Home | Join | Submit News | MyShortNews | HighScores | FAQ'S | Forums 0 Users Online   
                 07/05/2015 11:25 AM  
  ShortNews Search
search all Channels
RSS feeds
   Top News Economy
Whole Foods Market CEOs Apologize for Overcharging Customers
Facebook Reports Only Small Improvement in Diversity of Workforce
more News
out of this Channel...
  1.334 Visits   2 Assessments  Show users who Rated this:
Quality:Very Good
Back to Overview  
12/13/2006 02:56 AM ID: 58951 Permalink   

Qantas Calls $8.6 Billion Takeover Bid Unacceptable


Sydney, Australia - Qantas Airways has announced that it turned down an $8.6 billion takeover attempt by two North American private-equity firms and Australia's Macquarie Bank Ltd.

U.S. private equity firm Texas Pacific Group, Canadian buy-out group Onex and Macquarie Bank had tried to broker a non-binding proposal to acquire 100 percent of the company.

"The non-executive directors consider that the terms of the proposal are not acceptable," a Qantas statement said. "Qantas will keep shareholders informed of any material developments."

    WebReporter: JonSmith Show Calling Card      
ASSESS this news: BLOCK this news. Reason:
  What's Your Opinion?
I have a friend who works in Qantas, so does his Dad - there jobs are safe but still it angers me that for 11.5Billion they sold out...
  by: mr-anderson   12/17/2006 03:02 AM     
Copyright ©2015 ShortNews GmbH & Co. KG, Contact: