Qantas Inks Deal To Take 22.5% Stake In ANZ

Qantas and Air New Zealand, after several rounds of talks for more than a year, reached an NZ$550 million (US$275 million) alliance deal that will include Qantas taking a 22.5% stake in ANZ. Qantas CEO Geoff Dixon said the partnership would help both airlines retain their independence in a troubled...

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