It appears that those behind the proposed A$10 billion ($7.88 billion) bid to take Qantas private have restructured their offer to avoid oversight by Australia's Foreign Investment Review Board. According to the Financial Times, Texas Pacific Group and Canada's Onex Corp. will take only 14.9% each, thus removing the mandatory trigger for scrutiny. At the same time, the paper suggests that Australia's Macquarie Bank will limit its stake to 14.9% to avoid attention from the Australian ...

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