Air New Zealand said it will acquire a substantial shareholding in Australia's Virgin Blue, a strategic move that has been long-anticipated.
Air New Zealand A320. Photo: By Rob Finlayson. Air New Zealand said it will acquire a substantial shareholding in Australia's Virgin Blue, a strategic move that has been long-anticipated. ANZ notified the Australian and New Zealand stock exchanges that it plans to acquire between 10% and 14.99% of Virgin Blue, but ANZ CEO Rob Fyfe emphasized Thursday it has no intention of making a takeover bid for Blue. ANZ has received Australian Foreign Investment Review Board approval to ...
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