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APA admits failure on Qantas bid

1points Posted 806 days, 2 hours ago by daBosq
 

The Macquarie-led consortium has admitted defeat and will not pursue legal challenges to its failed takeover, amid speculation that Qantas may now be more than half foreign-owned after frantic trading by overseas hedge funds last week.

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Source: http://www.abc.net.au/news/newsitems/200705/s1916864.htm

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