Two key Qantas shareholders reportedly resistant to APA bid

Airline Partners Australia's A$11 billion ($8.8 billion) bid for Qantas ( ATWOnline , Feb. 23) has hit turbulence, with two key stakeholders suggesting that the $A5.60-per-share offer undervalues the airline. According to Australia's Financial Review , UBS Global Asset Management, which holds 6% of...

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