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Airline Partners Australia – update on Qantas offer |
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13 December 2006 The Airline Partners Australia consortium notes the announcement issued by Qantas today. The consortium comprises Allco Finance Group (11%), Allco Equity Partners (c.34%), Macquarie Bank (less than 15%). Offshore investors in total hold less than 40% with no single investor holding more than 15%. Offshore investors include Texas Pacific Group and Onex.* The consortium is majority Australian owned. The consortium confirms it has put a proposal to Qantas for an all cash takeover offer at $5.50 per share for 100% of the company. The consortium is considering its response to Qantas’ announcement and will keep the market informed of any material developments. * Voting interests.
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| Important
information | Privacy
policy Macquarie Bank Limited ABN 46 008 583 542 |
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Where we provide any advice on this website, it has been prepared without considering your objectives, financial situation or needs. Before acting on any advice on this website, you should consider its appropriateness to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. Past performance of any product described on this site is not a reliable indication of future performance. Any Macquarie subsidiary noted on this page is
not an authorised deposit-taking institution for the purposes of the Banking
Act (Cwth) 1959. That subsidiary's obligations do not represent deposits
or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL).
MBL does not guarantee or otherwise provide assurance in respect of the
obligations of that subsidiary, unless noted otherwise. |
