
Qantas dismisses private equity takeover talk as speculation
Australian airline Qantas said Wednesday that it had received no approaches from prospective buyers but acknowledged rumors that private equity firms are interested in the business. "As far as we are concerned there is no formal or informal bid on the table and no-one has approached us so we can only regard it as speculation," CEO Alan Joyce said at the airline's profit briefing.
Speculation was prompted by a report in The Australian that responses to a potential takeover had been discussed at senior levels of government, with both the transport minister and treasurer inclined...
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