markis10
Veteran Member
- Joined
- Nov 25, 2004
- Posts
- 30,855
- Qantas
- LT Gold
- Virgin
- Red
- Oneworld
- Sapphire
http://www.asx.com.au/asxpdf/20130606/pdf/42gb4f4jhqvykg.pdf
Interesting quote that will no doubt find its way onto JBs CV:
Air New Zealand has entered into an agreement to acquire a further 3% of the shares of Virgin
Australia, taking its interest to 22.99%. The agreement is subject to customary Foreign
Investment Review Board (FIRB) and Australian Competition and Consumer Commission
(ACCC) conditions and Air New Zealand has filed the required Substantial Shareholder Notice.
Air New Zealand will consider acquiring up to a further 3% of the shares in Virgin Australia, to
the extent it is permitted to do so under the Australian Corporations Act and has
made an application toFIRB on that basis.
Interesting quote that will no doubt find its way onto JBs CV:
The additional interest affirms Air New Zealand’s strong belief and confidence inVirgin Australia and the strategy it is pursuing under the leadership ofJohn Borghetti and his team