Saturday, May 5, 2007

Australia Takeovers Panel blocks Qantas bid

(Reuters) - "The Panel has decided not to commence proceedings in relation to APA's application," it said in a statement.

APA, which includes Macquarie Bank Ltd. and private equity firm Texas Pacific Group, said in a statement it was seeking an "urgent review" of the decision.


Read more at Reuters.com Business News

No comments: