Air New Zealand A320. By Rob Finlayson Air New Zealand (ANZ) lifted its stake in Virgin Australia (VA) from 14.99% to 19.99%, in a move ANZ CEO Rob Fyfe said will continue ANZ’s “strategy to develop scale and reach in this region.” Fyfe confirmed ANZ has no intention of making a takeover bid for VA. In a complex deal announced Monday, the increased interest is held through an equity derivative agreement with Deutsche Bank, which gives ANZ an increased economic ...

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